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Spin Meter: Obama, Dems skirt issue on tax hikes (Even the AP says Hussein is lying!)
boston.com ^ | July 11, 2011 | Erica Werner

Posted on 07/11/2011 7:33:00 AM PDT by Recovering_Democrat

Call it eliminating an unfair break, or removing an unjust loophole, or even "taking a balanced approach". Just don't call it raising taxes.

(Excerpt) Read more at boston.com ...


TOPICS: Breaking News; Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: balancedapproach; budget; loopholes; taxes; taxincreases
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Article calls Hussein out. Ms. Werner may not have much of a future at AP.
1 posted on 07/11/2011 7:33:05 AM PDT by Recovering_Democrat
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To: Recovering_Democrat

“Proposals consideration include raising taxes on small business owners and potentially low- and middle- income families. You won’t hear about that from Obama. Instead, the president focuses on the very rich.”


2 posted on 07/11/2011 7:36:38 AM PDT by Recovering_Democrat
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To: Recovering_Democrat

“expenditures in the tax code” = limiting govt income grab
the term shows who obamas peeps think owns all national income

This is the type of “expenditure” obama is willing to cut!

The petulant prince of pennsylvania avenue is supposed to do a presser at 11Am today. He is mad, you know.

Angry black man speech alert.


3 posted on 07/11/2011 7:38:10 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: silverleaf
Angry black man speech alert.

More like a scowling teleprompter volley.
4 posted on 07/11/2011 7:43:32 AM PDT by Renderofveils (My loathings are simple: stupidity, oppression, crime, cruelty, soft music. - Nabokov)
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To: silverleaf

Union dues are deductible thus “expenditures in the tax code” I guess he’s not going to close that loophole.


5 posted on 07/11/2011 7:43:51 AM PDT by newzjunkey ("cave" it's not just a hole in the hillside)
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To: silverleaf

“He is mad, you know.”

F^%$ him!


6 posted on 07/11/2011 7:44:10 AM PDT by SMARTY ("Educate men without religion and you make of them but clever devils. " Arthur Wellesley)
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To: Recovering_Democrat
By law debt gets serviced first so no default—no raise in ceiling means Obama will have to choose what to fund and what to not fund.HE will be held responsible for any unpopular cuts.
So why are we dealing? Obama will hand off the cuts,and the blame,to some contrived “bipartisan” commission like the ones responsible for base closings.
The commission will cut the waste fraud and abuse better than any politician would.
7 posted on 07/11/2011 7:44:16 AM PDT by Happy Rain ("Sans Sarah-Bachmann's The One.")
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To: Renderofveils

http://www.whitehouse.gov/live/

watch it live
the comments can be very entertaining, almost as good as a FR live thread


8 posted on 07/11/2011 7:50:22 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: Happy Rain
HE will be held responsible for any unpopular cuts.

I disagree - the DB LSM has the Kenyan's back and will spin and lie as much as required to make sure the GOP is the whipping boy.

The GOP House should pass a debt ceiling bill and send it over to the Senate and then FORCE the DEM Senate and the DEM White House be blamed for the "crisis". That is simplistic enough for joe 6-pack to understand on the 6pm DB LSM news.
9 posted on 07/11/2011 7:56:52 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: silverleaf

The petulant prince of pennsylvania avenue

VERY GOOD!!

Also...

The Fresh Prince of Hot Air


10 posted on 07/11/2011 7:58:24 AM PDT by ScottinVA (A poster on a White House wall on 20 Jan 2013: "Malice doesn't live here anymore")
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To: Recovering_Democrat

“raising taxes on small business owner”
After watching closely how DC is spending my money, I will teach myself how to work fewer hours. There will be NO increase in revenues PERIOD.


11 posted on 07/11/2011 7:59:57 AM PDT by griswold3 (Character is Destiny)
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To: silverleaf

Are you sure it’s going to be at 11:00 AM?

I say Mr Arrogantly Rude shows up at least 15 minutes late.


12 posted on 07/11/2011 8:05:36 AM PDT by Alas Babylon!
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To: Recovering_Democrat

Will a group of Democrats ask him to step down because he is mentally unstable and not fit to serve?

Doing the same thing over and over again expecting different results would be the definition of insanity or stupidity.


13 posted on 07/11/2011 8:16:31 AM PDT by listenhillary (Social Justice is the epitome of injustice.)
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To: Recovering_Democrat

Looks like the first mulatto president has not been good for black folks as well. Fox has an article highlighting the plight of black folks who are falling out of the middle class. At the same time, BO’s failed policies are chipping away at everyone’s net worth.

What an idiot he is.


14 posted on 07/11/2011 8:22:40 AM PDT by Neever
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To: Recovering_Democrat

Here’s a tax proposal. Billionaires like Warren Buffett like to beg for higher income taxes while pretending they would actually have to sacrifice anything. The problem is their official income is actually in the hundreds of thousands even though their wealth is counted in billions so an income tax on them is also a tax on small business. Instead, let’s create a 1% asset tax on billionaires. Instead of paying a few thousand dollars, they have to pay $10,000,000 per billion in assets.


15 posted on 07/11/2011 8:26:26 AM PDT by BinaryBoy (Stuck with a local RINO? Regardless of who you vote for, donate $$$ to a different district.)
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To: Neever
Fox has an article highlighting the plight of black folks who are falling out of the middle class.

He will still get 90%-95% of the black vote. My hope is that he has lost the "white guilt" vote and all independent voters.

16 posted on 07/11/2011 8:29:58 AM PDT by Graybeard58
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To: BinaryBoy

Buffett had an outstanding idea recently. If the budget deficit was over 3% of current revenue, all members of the house would be ineligible for reelection next term.


17 posted on 07/11/2011 8:34:20 AM PDT by listenhillary (Social Justice is the epitome of injustice.)
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To: BinaryBoy

How about not? Let’s drop the whole business of taxing INCOME and tax purchases instead. Then Billionaires millionaires and six-figure-aires will pay taxes on their new purchases, along with the poor, middle class, illegals, drug dealers, foreigners, visitors, and everyone else I forgot.

THEN we’d all have “skin in the game.”


18 posted on 07/11/2011 8:35:46 AM PDT by Big Giant Head (Two years no AV, no viruses, computer runs great!)
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To: Recovering_Democrat

I think we are missing the boat a little on the whole “tax increase” thing.

A lot of “tax breaks” are nothing more than redistribution of wealth in disguise, and have nothing to do with letting people keep more of their own money.

Some examples: Hybrid car tax credits. They take money from working americans, and use it to bribe people into buying the cars government wants you to buy.

Or College tuition tax credits — supposedly great if you have kids. Except everybody gets them, and the colleges know it. College is already setting their tuition to the price YOU are willing to pay. If government throws another $4000 into the pot, it doesn’t change what you were willing to pay. If you wanted college for $10,000, and now government throws in $4000, colleges raise their tuition to $14000. In the end, it’s not YOUR tax credit, it’s money paid to liberal universities pushing democratic philosophy.

In contrast, depreciation allowance at least does let companies keep more of their own money, because the money goes to the company that first earned it, and then did something with it.

And when government is spending almost twice the tax they take in, it’s not quite like killing the tax credits raises the amount we pay — the tax credits were coming out of borrowed money.

So I think we really do need to go through all the various tax credits and see which ones are really spending in disguise. It’s not hard — if the tax credit or deduction is paid to people who do exactly what government wants them to do, that they might not otherwise do, it’s really government spending through a 3rd party.


19 posted on 07/11/2011 8:43:09 AM PDT by CharlesWayneCT
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To: silverleaf

The odds of me clicking on a link to whitehouse.gov are slim and none and slim left town.


20 posted on 07/11/2011 8:48:18 AM PDT by mojitojoe ( 1400 years of existence & Islam has 2 main accomplishments, psychotic violence and goat curry)
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