Sponsored Content
« White House: Obama Lied About Not Bowing to Saudi King | Main | Bumped and Expanded: Yeah, The House Health Reform Bill Would Screw A Lot Of Things Up And As An Added Bonus...Raise Costs. »
November 17, 2009

Trial Balloon: Hey, Let's Let the Bush Tax Cuts Expire, and Impose Higher Taxes on the Middle (and Lower?) Class

The state is hungry. It needs feeding.

But the chairman of the president’s Council of Economic Advisers admitted that health reform and a growing economy isn’t enough to bring down the deficit. She did mention one other place that revenue could come from: letting the Bush tax cuts expire.

[James Pethokoukis]: Since Obama already wants to get rid of the income and capital gains tax cuts for wealthier Americans that expire at the end of 2010, clearly what Romer is referring to is the rest of the 2001 and 2003 Bush tax cuts. Letting all the 2001 cuts — rate reductions, child tax credit marriage penalty relief — expire would raise tax revenues by $2.5 trillion through 2019.

Oh my. If only we had had some kind of warning about this. If only we had a few uneducated, boorish, stupid, wolf-hunting/unlicensed-plumbing type people who were so comfortable in their Being There sort of retarded purity they could sounded alarm bells and asked the media to inquire into The Socialist's actual agenda and worldview.


digg this
posted by Ace at 05:02 PM

| Access Comments




Recent Comments
Reuben Hick: "(cont..) So the demonic spirits were active unt ..."

FenelonSpoke: "I don't like Chuck Schumer or the policies he most ..."

"Perfessor" Squirrel: "Heard somebody (maybe Bongino or Beck) talking abo ..."

Ruk: "Heard somebody (maybe Bongino or Beck) talking abo ..."

Joe Mannix (Not a cop!): "Darth Lloyd orders the DoD to knock it off with th ..."

Puddinhead: "I saw a piece of granite once that one could not l ..."

CharlieBrown'sDildo: "Only 1 out of 3 who hit the beach that day survive ..."

gourmand du jour: "Distances in space are, of course, distances in ti ..."

Lizzy[/i]: ">>If you look at Europe, Poland is an outlier with ..."

ShainS -- Oppression Scientist and Your AI Interpreter [/b][/i][/s][/u]: "There is no reason to assume that we're not alone ..."

Aetius451AD Work Laptop: "Those aren't orbs. These are orbs: https://tiny ..."

Fox2!: "356 "Only" 100 Tuskegee Airmen died from untreat ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64