Will the Bush Tax Cuts be Extended?

[PearlWatson]

Considering the economy? Not miraculous at all.

Solutions please. What should be cut? Obviously we're not going to cut SS or Medicare, not even the Tea Party crowd wants that. They also won't allow us to make any cuts in defense spending.

So what's going to be cut to make up for the... I think it's what.... 600 billion over the next 2 years?

Here's something interesting:

https://themoderatevoice.com/93968/...permanent-extension-of-middle-class-tax-cuts/


Any questions as to why the government is in the state that it's in? Completely bought off. If we let the tax cuts expire for the high income taxpayers, it wouldn't hurt the economy but would help shave a few billion off the growing deficit. But we gotta give them handouts. Not to stimulate the economy, but because they contribute the most to their campaign funds. Heck, most of those senators belong to that high income tax bracket and surely don't want to pay more taxes. That would involve patriotism.

You want specifics about what to cut after "hope and change?"

You can't think of anything to cut besides SS and Medicare?

It wouldn't hurt the economy to raise taxes on business owners who create jobs?

Patriotism means forking over half or more of your income to the likes of Barney Frank?

 

[babe]

Just been reading this thread. Here are my two bits' worth. I think we should pack it up and bring our boys home from the "flower" wars. I would make SS and other gov programs we have to contribute to "voluntary" or sell them off to private contractors/providers, maybe requiring a minimum of ten competing choices for the 'beneficiaries' of these programs to be contracted. I'm getting moderate in my old age. I used to just try to annoy people enough to make them think by saying that public service should be a punishment, a career choice nobody would make unless either a moron or willing to just help others for no compensation. . . . . that we should hold lotteries, not elections, to see who has to do the government jobs. . . . that in order to reduce the size of government we should have a lottery each year wherein one in ten government employees will be guillotined. . . . unless they resign at once. . . . . So now that I'm mellowed out and somewhat reasonable, I just ask can anyone name one government agency or dept or entity of any kind that is not just gorging itself and bloating, growing three times as fast as the economy. . . . and when will this ever end. . . . . when two out of three of us work for the government and have to be supported by the one third still productive people?

Obama is showing his true colors. He is not really a marxist or a radical except in his imagination. He is a man who will do what he has to do for the people who count to him, which are not the lowly citizens but the big money backers. And he is a pragmatist, or is becoming one rapidly. I don't like the extension of the unemployment comp but I do favor a straight income tax and fewer dodges allowed. Eliminating the progressive tax structure will result in higher pay for the low end people just because employers will have to pay enough for their workers to live on. Well, even the "undocumented" workers will be looking at their take-home pay when agreeing to work. And the bottom line is this is what it will take to bring the very wealthy to pay taxes after all. And this kind of thinking will restore our public sanity about all kinds of government activities. . . . all people will know they'll all have to pay for it. . . .

BTW, Thriller, I think your posts are very good on this subject for your point of view, and thank you for starting this thread.