Skip to comments.Top 10 Tax Sweeteners in the Bailout Bill
Posted on 10/02/2008 1:10:28 PM PDT by MountainLoop
Taxpayers of Common Sense has compiled a list of the top 10 "sweeteners" in the bailout bill.
Read list here
And so the revolution shall begin.
Those are lulus.
don’t want to lose the critical american samoa vote
I don’t see the problem. These “sweeteners” are a critical part of saving the economy. /s
My personal favorite, the bicycle commuters’ benefits.
Our Congress is corrupt to the core! They are obviously not listening to the American people. They only care about themselves and their pet projects.
We seem to be on a train towards socialism (which could become runaway at any time)!
Does this mean that the cost of my rum will go down? Pleeease.
I am screaming mad! Yesterday in Portland there were people who probably haven’t agreed with each other on anything political in 20 years but who joined together to protest this “bailout”. There were long haired hippies, Obama supporters, McCain supporters - all freaking pissed!
This a.m. on Fox I heard Maxine Waters blaming all this on a lack of regulation. She wasn’t even challenged!!! ENOUGH!
It’s time for ‘Boston Tea-Party II’.
Vote them all out!
Whew, I was sure glad to see that not getting a rebate for riding a bike is a “National Crisis”. Thank you guys, I feel safer now knowing we have morons in the Senate
isn’t that the 57th state?
Nope, a kickback to Nancy's husband who owns $17 million in shares in Del Monte...the islands biggest business.
These are as sweet as Hillary’s cankles...
I agree, do we send teabags to our good for nothing congresscritters? (I must admit that one of my senators voted no, bless his democrat heart).
And so the revolution shall begin.
I look forward to it.
This was McCain’s chance to burnish his maverick creds.. he could have stood up, pointed out the pork, pointed out the insanity of bailing out banks who should fail (is the invisible hand no longer a valid concept), in short, given the country an example of true leadership... but NOOO... couldn’t resist the insider consensus to shore up the D.C.-Wall St. lobbyist cocktail party circuit. Didn’t even bother to speak at all... guess he hoped to vote and sneak out unnoticed...
The #10 lulu for American Samoa is the Pelosi aggrandizement item, since she and her hubby have a major stake in Del Monte, which runs a major STARKIST processing
operation in American Samoa.
This is the same SENATE outfit that EXEMPTED American Samoa from having to abide by the new Federal minimum wage rates that took effect this summer.
Of course, let’s take care of our you know what’s first.
Please, that would require much to much sacrifice on the part of Americans.
Would it be asking too much to Fire Barney Frank and Chris Dodd and maybe try to recoup a few million from Rainey? Cronyism is a crime...where is Nancy and her most ethical congress ever.....oh, busy still trying to stoke the faux crisis and cover for the Democratic Crooks like Christopher Dodd and Barney Franks! Disgusting!!!
The county, not the stock market, are reeling at the arrogance and audacity of these elected for the people. Vote 'em out!
What gets me is that most people think the answer to this is to elect the former ACORN community organizer. It’s beyond belief! When is our side going to scream the truth loud enough? There’s no fair and balanced in this - one side tried to do something and the other side obstructed and their friends and supporters and voting blocs got what they wanted and now we’re all supposed to pay for it.
ARRRRGHHH! When is McCain going to act like a maverick? He’s reminding me why I really wanted Fred.
I thought that reform of the alternative minimum tax was in this bill? That’s a big one.
Sec. 201. Deduction for state and local sales taxes
Allows residents of states that dont pay income tax to deduct, from their federal taxes, sales tax paid over the course of the year. States that benefit include Texas, Nevada, Florida, Washington and Wyoming. The bailout bill extends this provision for 2 years at a cost of $3.3 billion.
I think this is pathetic. But I’ll try to laugh.
Claims that we are heading for the great depression, or that we are socializing a major sector of America, or that Government doesn’t have a clue, take second place to micromanaging the economy to the benefit of parochial special interests. The Senate bail-out package required the following in order to pass:
Exemption from excise tax for certain wooden arrows designed for use by children.
Our politicians have come a long ways since preparing the Declaration of Independence.
I agree with your sentiments about corrupt congress. However, i don’t think we are heading to socialism, we have already been there for decades. We are heading to the failure of our government and economy. In my humble opinion, the gig is up. See Soviet Union for details.
Just think of all the money I’ll save on suction-cup arrows over the next 4 years.
Check out these sites.
Lots of information out there...
” Would it be asking too much to Fire Barney Frank and Chris Dodd “
Watching Dodd talk about how good the deal was in my mind like allowing O.J. Simpson to address the jury after his first trial........
He is what he is, a creature of government and that is why you will never see him name names (unless they are conservative Republicans) or bring any reform to DC.
I say, man the pitch forks and light the torches. Let the revolution begin
For example, somebody who works for Acorn rides a bike to work. They'll get 10 million bucks for that.
“In my humble opinion, the gig is up,”
I think you’re right. Through internal or external forces, socialist countries always come to a bad end. Ask Mussolini about that. Oh, wait, we can’t...
Is this more what you were looking for?
Sadly, you could also ask on of the millions of Chinese who starved to death living in Chairman Mao’s “Great Leap Forward”. Good point.
Even the harshest critic of the 700 billion dollar bail-out could of respected that.
It may not have been Texas’ senators. Several state residents do not pay state income tax, but other states residents are allowed to deduct their state income taxes from their gross income. Fair is fair.