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Rescinding the Bush Tax Cuts on the Top 2% Would Pay Off the Entire Social Security Trust Fund.

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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 01:04 AM
Original message
Rescinding the Bush Tax Cuts on the Top 2% Would Pay Off the Entire Social Security Trust Fund.
Just so you know where these asshats are coming from.

So when they tell you you have to work longer & get less, tell them to fuck themselves.

It can't stand.
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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 01:07 AM
Response to Original message
1. This is NOT PayGo.
I don't know how the CBO could approve it.
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roguevalley Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:47 AM
Response to Reply #1
10. huffingtonpost just listed that Obama isn't going to do away
with the tax cuts. He's a fucker, pure and simple.
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Raster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 01:11 AM
Response to Original message
2. Recommended and Kicked!
The US is in the worst financial crisis since the Great Depression and Congress is seriously considering giving tax breaks to billionaires?

This is the line in the sand. President Obama, if he is a man of the people, must stand tall and firm. The bush* tax cuts *MUST* expire. What kind of mad man gives tax breaks to the rich while fighting two wars? Answer: the kind of mad man that brings this country to the brink of ruin.
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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 01:12 AM
Response to Reply #2
3. agreed. the bush tax cuts, most of which went to the top 2%, are the main cause
of the deficit.

it's madness, & it's going to mean more cuts for everyone else.
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Raster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 01:33 AM
Response to Reply #3
7. This should truly be the citizens line in the sand. We should target ANY AND EVERY
...politician that seeks to extend the bush* tax cuts. And it's time for President Obama to take a leadership role on this. This could recapture the faith in his Presidency and his promise of change.
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 01:13 AM
Response to Original message
4. Yet taxes on the top 2% doesn't begin to get us out of our budget deficit
Which puts our current deficit into perspective.
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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 01:23 AM
Response to Reply #4
5. it pays off social security. which does indeed more than "begin" to reduce the deficit.
Edited on Thu Nov-11-10 01:36 AM by Hannah Bell
not that deficit reduction is especially important during the deepest recession since WW2.
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Ernesto Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 01:32 AM
Response to Original message
6. works for me.... nt
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Starry Messenger Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 01:37 AM
Response to Original message
8. But that would punish rich people.
We can't have that.
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yodermon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:13 AM
Response to Reply #8
9. even though they'd still get to be rich
making it doubly whiny
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:57 AM
Response to Reply #9
11. Add in that we're talking an extra 4 grand per 100k after 250k
and the whine level jacks up a lot.

Meanwhile, they'd not bat an eye to see the bottom bracket jack back from 10 to 15 percent, who will pay every fucking cent while their accountant gets them some loopholes.

Guess what rich, if you invest back into your country and economy the tax code rewards it and your ability to prosper multiplies.

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