Skip to comments.Pelosi sees no justification for high-end tax cuts
Posted on 09/16/2010 12:23:56 PM PDT by Free ThinkerNY
(Reuters) - U.S. House of Representatives Speaker Nancy Pelosi said on Thursday there is "no justification" for extending tax cuts for the wealthiest Americans, saying the nation cannot afford the price tag.
Democrats largely back President Barack Obama's plan to extend lower taxes for middle and lower income groups only, but a small minority favor renewing tax cuts for all Americans, including the wealthiest three percent.
Republicans are insisting that high-income people be included in any tax-cut extensions. The lower tax rates date to the Republican administration of President George W. Bush.
(Excerpt) Read more at reuters.com ...
When has Lady MacBeth ever seen a justification for tax cuts?
We should be saying we want to maintain the current tax rate for everyone.
So where IS her husband hiding all his money and where is SHE hiding hers?
I’m sure neither of them pays their fair share of taxes.
Please vote for John Dennis and put Pelosi to bed.
When was the last time you got a job from someone making less than $250,000 a year?? (The owner, not a manager)
Other than objective and repeatable economic truths, I see no reason for Nazi to view lower taxes for the wealthy as stimulative. You know that Nazi truly believes in equality before the law (as long as you are an identified victim of the white man’s racism and imperialism). Kiss my big white ass Nazi.
How does one “justify” any particular tax rate? By her logic, we should tax them 100%, because we can’t afford NOT to.
Nancy is the economic genius who said unemployment checks stimulate the economy - so of course the nation can “afford” to keep extending and issuing them
how about we tax all leftist Demagogues at 100%?
And yet, the high-rollers will continue to stupidly donate to Democrat$...
We see no further justification for her to remain Speaker of the House.
Justify a $800 billion Stimulus, but not to let the folks in the private sector who already have experience making jobs make more jobs, so bright...
I strongly support tax increases on the almost 50 percent of tax freeloaders. Everyone should pay income taxes except for those unable to work. I strongly support major changes to tax welfare (refundable tax credits). Most credits should be eliminated especially for those with no tax liability. For others, tax credits should be time limited.
The tax code encourages non work and tax evasion by tax freeloaders. This free lunch must end. It is a cancer increasing demand for government services while discouraging productive activity and reasonable payment for common goods.
Pelosi couln’t see George Washington if he were in front of her face kicking it in.
Might take away some dollars from her private and illegal slush funds.
Once I heard Paul Harvey say that if we taxed al income over 50,000 at 100%. it would only be enough to run the federal gov’t for a few days. I doubt if that has changed except to adjust the figure for inflation.
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