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Old January 19th, 2015, 10:50 AM   #1
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Obama Want's To Give You A Tax Cut. Republicans Don't

Obama wants to give you a tax cut, Republicans don't



Rep. Jason Chaffetz (R-UT) called Obama's plan a "non-starter."

The White House says President Obama's new tax plan would raise $320 billion from the wealthiest 1/10 of one percent of the population in order to give tax cuts to the rest of Americans. But Republicans say that's a bad deal for the country.

Rep. Jason Chaffetz (R-UT) was on CNN's State of the Union yesterday already trashing the proposal as a "non-starter."

"We're not just one good tax increase away from prosperity in this nation," Chaffetz said. "More government, a 300-plus billion dollar tax bill from Barack Obama is not the formula for this country to succeed."

Rep. Paul Ryan (R-WI), chair of the House's tax writing committee, sounded a similar note when his spokesperson dismissed the proposal as "not a serious plan."

"We lift families up and grow the economy with a simpler, flatter tax code, not big tax increases to pay for more Washington spending," said spokesman Brendan Buck.

But here's how Edward Kleinbard, a professor of tax law at USC, described the plan to NPR's Tamara Keith.

"What the president is doing is making a very large investment in working and middle class Americans and the source of the funds for the investment are coming from the most affluent Americans."

The plan also has protections built in for small businesses, homes, and surviving spouses.

Meanwhile, the Republican formula for prosperity is apparently to make cuts to programs like disability benefits.

So what say you, dear readersódo you prefer Obama's plan or should we just slash the heck out of the safety net for America's most vulnerable populations?
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Old January 19th, 2015, 10:55 AM   #2
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you mean like Obama's proposal to TAX 529 savings.. That kind of Tax cut from Obama?

That is how he is going to pay for the "Free" community college.. is to tax working class peoples savings for their children's education.

BLAH HAA HAA HAA.
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Old January 19th, 2015, 10:55 AM   #3
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The wealthy 1% are Republicans biggest donors. They can't bite the paymaster's hand that feeds them.
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Old January 19th, 2015, 10:56 AM   #4
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The wealthy 1% are Republicans biggest donors. They can't bite the paymaster's hand that feeds them.
Actually they gave more ot Democrats.

That is why Obama gave them 1,700 billion in stimulus dollars paid for by taxes on the middle class.
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Old January 19th, 2015, 10:57 AM   #5
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Any tax increase will bring in zero dollars. But skews hasn't explained how Obama will increase taxes.
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Old January 19th, 2015, 10:57 AM   #6
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Originally Posted by skews13 View Post
Obama wants to give you a tax cut, Republicans don't



Rep. Jason Chaffetz (R-UT) called Obama's plan a "non-starter."

The White House says President Obama's new tax plan would raise $320 billion from the wealthiest 1/10 of one percent of the population in order to give tax cuts to the rest of Americans. But Republicans say that's a bad deal for the country.

Rep. Jason Chaffetz (R-UT) was on CNN's State of the Union yesterday already trashing the proposal as a "non-starter."

"We're not just one good tax increase away from prosperity in this nation," Chaffetz said. "More government, a 300-plus billion dollar tax bill from Barack Obama is not the formula for this country to succeed."

Rep. Paul Ryan (R-WI), chair of the House's tax writing committee, sounded a similar note when his spokesperson dismissed the proposal as "not a serious plan."

"We lift families up and grow the economy with a simpler, flatter tax code, not big tax increases to pay for more Washington spending," said spokesman Brendan Buck.

But here's how Edward Kleinbard, a professor of tax law at USC, described the plan to NPR's Tamara Keith.

"What the president is doing is making a very large investment in working and middle class Americans and the source of the funds for the investment are coming from the most affluent Americans."

The plan also has protections built in for small businesses, homes, and surviving spouses.

Meanwhile, the Republican formula for prosperity is apparently to make cuts to programs like disability benefits.

So what say you, dear readersódo you prefer Obama's plan or should we just slash the heck out of the safety net for America's most vulnerable populations?
Obimbo's plan is a non-starter. Just who is the most vulnerable population? Who are the people you think the rest of owe an obligation to?
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Old January 19th, 2015, 12:42 PM   #7
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Quote:
Originally Posted by skews13 View Post
Obama wants to give you a tax cut, Republicans don't



Rep. Jason Chaffetz (R-UT) called Obama's plan a "non-starter."

The White House says President Obama's new tax plan would raise $320 billion from the wealthiest 1/10 of one percent of the population in order to give tax cuts to the rest of Americans. But Republicans say that's a bad deal for the country.

Rep. Jason Chaffetz (R-UT) was on CNN's State of the Union yesterday already trashing the proposal as a "non-starter."

"We're not just one good tax increase away from prosperity in this nation," Chaffetz said. "More government, a 300-plus billion dollar tax bill from Barack Obama is not the formula for this country to succeed."

Rep. Paul Ryan (R-WI), chair of the House's tax writing committee, sounded a similar note when his spokesperson dismissed the proposal as "not a serious plan."

"We lift families up and grow the economy with a simpler, flatter tax code, not big tax increases to pay for more Washington spending," said spokesman Brendan Buck.

But here's how Edward Kleinbard, a professor of tax law at USC, described the plan to NPR's Tamara Keith.

"What the president is doing is making a very large investment in working and middle class Americans and the source of the funds for the investment are coming from the most affluent Americans."

The plan also has protections built in for small businesses, homes, and surviving spouses.

Meanwhile, the Republican formula for prosperity is apparently to make cuts to programs like disability benefits.

So what say you, dear readersódo you prefer Obama's plan or should we just slash the heck out of the safety net for America's most vulnerable populations?
How long have you held the view that government has a, "Divine-Right" to our money? Your quibbling over which Party is doing what when the real question is, why are taxes levied beyond Constitutional needs. This tax-sucking pig known as the government has vastly overstepped it's bounds and will not be happy until everyone is subservient to the government.
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Old January 19th, 2015, 01:04 PM   #8
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The wealthy 1% are Republicans biggest donors. They can't bite the paymaster's hand that feeds them.
They are also the Democrats biggest donors. You'd better come to grips with the fact that this government has a symbiotic relationship with big-business no matter the Party. Government is the biggest business in this country and growing larger. Taxing, is one of their biggest tools. Have you heard, or seen any real movement by government, either Party, to fix the tax code? No, you haven't.
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Old January 19th, 2015, 01:17 PM   #9
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Originally Posted by caconservative View Post
They are also the Democrats biggest donors. You'd better come to grips with the fact that this government has a symbiotic relationship with big-business no matter the Party. Government is the biggest business in this country and growing larger. Taxing, is one of their biggest tools. Have you heard, or seen any real movement by government, either Party, to fix the tax code? No, you haven't.
Yes, both parties are bought. He's simply setting the stage for when Republicans move to cut taxes on the wealthy and corporations. This gives him the political cover to slam the door shut. It's all about 2016 at this point. McConnell will be a very unproductive wiesel these next 2 years.
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Old January 19th, 2015, 02:53 PM   #10
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Originally Posted by Camelot View Post
Yes, both parties are bought. He's simply setting the stage for when Republicans move to cut taxes on the wealthy and corporations. This gives him the political cover to slam the door shut. It's all about 2016 at this point. McConnell will be a very unproductive wiesel these next 2 years.
It would be highly naÔve of anyone to believe there will be any tax cuts that are not made up for in some other fashion. This government is not about to release a hold on their money cow. It costs $Trillions to feed this government pig.
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