Congress propsing biggest tax hike in history? YIKES!?

Question

I know the Republicans were spending like drunken sailors but the dems want to spend like crack-addict- meth-induced drunk-once thrown-up and drunk-again Iranian sailors!

Which is worse? How can we change it? How do you libs like your money grubbing new congress now?

Can we show an ounce of inteligence and knowledge please? THE IRAQ WAR CURRENTLY IS NOT BEING FUNDED. The congress in fact has made it their intention that they are going to slow blled our troops out of Iraq. Are you guys really this blind? PLEASE!

Ya make our troops beg for support and money for home? Ya youre right, great plan, real American. Im sure George Washington was really pleased by his lack of funds. (which caused many revolts in his ranks) and they didnt have the money. Now we do have the money and we want cant stand by our principles?

Answer 1

Figures the liberals would do that.

Answer 2

Read both sides of the story and not just the headlines.

What do you think the truth is about the poor quality at Walter Reed Hospital? Urrrr if you cut the budget for the Veterans Administration for five years how do you expect the wonded to get care?

Do you know why all the budget cuts in many programs in the last five years but a federal deficit that is out of sight? Maybe because of the cost of the Iraq war? And who is getting the money? Private contractors with profit margins on each hour vs soldiers we pay per year. Billions they flew over in cash -yes cash - gone - no receipts or records. Then we have Haliburton, which will shortly be moving out of reach to Dubai. Then of course you have your normal loss to graft and corruption.

However, we still have to pay for it.

But, the Republicans still think we should cut taxes to stimulate investment. Except we make very little in the USA anymore. So I guess you can invest in a company that will relocate a plant in Mexico then the rich in Mexico and USA can laugh all the way to bank?

Me? I would like the libs a whole lot better if they put a windfall profits tax on the oil companies and reversed the cut in capital gains tax. I would also like it if they taxed the dividends from defense industries received by corporations, trusts, and people who live outside the USA like the Saudis who own a great deal of American property and companies.

Do you have a Citibank credit card? A Saudi is one of it's biggest stockholders and has been on the CEOs back to bring down expenses. That's why there will probably be a job loss of around 3,400 jobs soon. After all, you wouldn't want the corps to cut their profits by shaking up the high earners with the big perks and expense accounts.

Sure, listen to Bush and his press spinners everything is great. How often has he said, America just doesn't understand?

What you don't understand is that all their numbers and wonderfulness is based on Wall St or corporations not on Main St. is where us suckers are stuck.

Read - not IMing - is what we all need to do. The sound bites on the NOT fair and balanced press LIE.

Answer 3

Another flat out con lie;

Some are claiming that the budget plan adopted last week by the House Budget Committee, which the full House is expected to vote on this week, would constitute “the largest tax increase in history.” This claim is incorrect. The House plan does not include a tax increase; it simply assumes the same level of revenues over the 2007-2012 period as projected by the Congressional Budget Office under its current-policy baseline, which essentially assumes no change in current laws governing taxes.

Under current law, the Administration’s tax cuts are slated to expire by the end of 2010. However, Congress is free under the House budget plan to extend any or all of the tax cuts — as well as relief from the Alternative Minimum Tax — if it fully pays for these extensions through either changes in other taxes or changes in entitlement programs.

It should be recalled that the Administration’s tax cuts expire in 2010 because their supporters deliberately designed them that way, in order to fit the tax cuts within the cost constraints imposed by the congressional budget resolutions adopted in 2001 and 2003. While acknowledging that their real goal was to make the tax cuts permanent, supporters of those measures opted to “sunset” the tax cuts before the end of the ten-year budget window in order to obscure their true cost. Now, a few years from the tax cuts’ expiration, some of these same supporters are trying to act as though the tax cuts are already permanent and any proposal to offset the costs of extending them is a “tax increase.”

To extend the tax cuts without paying for them — and to attack those who simply seek to require that any extension of the tax cuts be paid for — further heightens the irresponsible fiscal nature of the original actions.

Answer 4

I have no political affiliation. But.
I like the idea of the Congress mandating that the monies be further reviewed every month. I think it's brilliant. Let them cower and cajole and beg. Congress has not said they will deny funds. They just want to have some control. Great. Don't believe they will ever agree not to fund troops. Too dangerous. But the present plan is just fine.

Answer 5

If your old enough to VOTE, DO IT and let other people know how you feel !!Believe it or not 1 vote can change the face and future of a nation !!It's strange how 'minorities' have made a diff. by their vote !! If you are a Caucasian YOU r now the minority !! Think i'm wrong ?Look around you !! What the hell would u know about Iranian sailors ?? You can't even see past the end of your block. Ever been overseas ? I have !! Know who and what you r talking about before sticking your foot in your mouth !!!!!!!!!!!

Answer 6

Somebody's gotta pay for the Republican excesses. Would you rather your children, grand children or great grandchildren still be paying on it? Bush still has veto power. If he doesn't like the budget he can get out his veto pen.

When Clinton left office we had a huge budget surplus and in less than a year that went to a budget deficit. Dubya's dad had the previous largest ever deficit and now junior tops daddy by a long ways. Whose gonna pay? Corporations?

Answer 7

And we were given more advantageous for the money than we see with the present administration. the upward thrust became nowhere close to the size of the shrink and as i bear in mind the Democrats attacked him both for the tax shrink and for the actual incontrovertible fact that they did not evaluate the upward thrust to be adequate. In different words they wanted a miles more advantageous tax hike on the operating guy than Reagan did.

Answer 8

The Iraqi "War" is the reason why they are proposing a HUGE TAX HIKE. Do I like it? Hell no. Who do I blame for this?

BUSH. His little personal war with Iraq has cost us all. The tax hike is due to overspending in this war, and MISSING MONEY that your president can't account for. Who do YOU think was going to get the bill?

Answer 9

I still don't see where a tax hike has been proposed. Would you care to supply a link for that? BTW, those tax breaks for the wealthy, repubs had six years to make them permanent but never even brought it up for a vote. How come?

Answer 10

It has always been that way, then inflation goes up, Interest rates will go up, people quit spending money because they dont have as much then people get laid off at work because the companies and bussinesses dont have enough money coming in to keep as many people working, the unemployment rate will go up, people will lose there houses,
crime rates will go up too, then the people will vote the republicans back into office, it always happens that way

Answer 11

Being I am a fiscal conservative I am interested in what you say.
Can you provide a link to a reliable source?
FYI: The Bush administration & their supporters are NOT conservatives. Just spend & spend some more RINOs.