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Pelosi sees no justification for high-end tax cuts
Reuters ^ | Sept. 16, 2010

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 ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: bushtaxcuts; congress; democratcongress; democrats; economy; elections; liberalfascism; pelosi; redistribution; socialism; spreadthewealth; stealthewealth; taxcheatparty; taxes; unemployment

1 posted on 09/16/2010 12:23:58 PM PDT by Free ThinkerNY
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To: Free ThinkerNY

When has Lady MacBeth ever seen a justification for tax cuts?

SnakeDoc


2 posted on 09/16/2010 12:25:15 PM PDT by SnakeDoctor ("Talk low, talk slow, and don't say too much." -- John Wayne)
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To: Free ThinkerNY
Why do we keep using their language?

We should be saying we want to maintain the current tax rate for everyone.

3 posted on 09/16/2010 12:27:54 PM PDT by Brookhaven (The next step for the Tea Party--The Conservative Hand--is available at Amazon.com)
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To: Free ThinkerNY

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.


4 posted on 09/16/2010 12:29:29 PM PDT by HighlyOpinionated (IMPEACH Barry Dunham Soetoro aka "Soebarkah" aka Imam Barack Hussein Muhammad Obama!)
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To: HighlyOpinionated

http://www.youtube.com/watch?v=2_OzLHKFN5s


5 posted on 09/16/2010 12:31:07 PM PDT by terjon
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To: Free ThinkerNY
Pelosi sees no justification for high-end EMPLOYER tax cuts
6 posted on 09/16/2010 12:31:31 PM PDT by TexasCajun
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To: Free ThinkerNY

When was the last time you got a job from someone making less than $250,000 a year?? (The owner, not a manager)


7 posted on 09/16/2010 12:34:01 PM PDT by clee1 (We use 43 muscles to frown, 17 to smile, and 2 to pull a trigger. I'm lazy and I'm tired of smiling.)
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To: Free ThinkerNY

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.


8 posted on 09/16/2010 12:39:11 PM PDT by equalitybeforethelaw
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To: Free ThinkerNY

How does one “justify” any particular tax rate? By her logic, we should tax them 100%, because we can’t afford NOT to.


9 posted on 09/16/2010 12:39:21 PM PDT by CharlesWayneCT
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To: Free ThinkerNY

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


10 posted on 09/16/2010 12:47:35 PM PDT by silverleaf (Those who can make you believe absurdities can make you commit atrocities.)
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To: Free ThinkerNY

how about we tax all leftist Demagogues at 100%?


11 posted on 09/16/2010 12:48:03 PM PDT by Enchante ("The great enemy of clear language is insincerity." -- George Orwell --)
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To: Free ThinkerNY

And yet, the high-rollers will continue to stupidly donate to Democrat$...


12 posted on 09/16/2010 12:56:33 PM PDT by kromike
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To: Free ThinkerNY

We see no further justification for her to remain Speaker of the House.


13 posted on 09/16/2010 12:59:01 PM PDT by NCC-1701 (HEY, NAZI PELOUSY, ON NOVEMBER 2, WE WILL DRAIN THE SWAMP!)
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To: Free ThinkerNY
She is talking of raising taxes not cutting them. The same rates have been in place for 10 years. She wants to raise them.
14 posted on 09/16/2010 1:07:15 PM PDT by Gabrial (The Whitehouse Nightmare will continue as long as the Nightmare is in the Whitehouse)
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To: Free ThinkerNY

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...


15 posted on 09/16/2010 1:09:24 PM PDT by Son House (Like Getting Liposuction, and Coming Out Fatter. Time to Convict Democrats of Economic Malpractice.)
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To: Free ThinkerNY
The Wicked Witch of the Beast needs to be forcibly retired.

Pronto.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

16 posted on 09/16/2010 1:11:18 PM PDT by The Comedian
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To: Free ThinkerNY

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.


17 posted on 09/16/2010 1:16:53 PM PDT by businessprofessor
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To: Free ThinkerNY

Pelosi couln’t see George Washington if he were in front of her face kicking it in.

LLS


18 posted on 09/16/2010 2:09:37 PM PDT by LibLieSlayer (WOLVERINES!)
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To: SnakeDoctor

Might take away some dollars from her private and illegal slush funds.


19 posted on 09/16/2010 2:18:33 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Free ThinkerNY

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.


20 posted on 09/16/2010 3:02:53 PM PDT by Waco (From Seward to Sarah)
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