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Keyword: bushtaxcuts

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  • The Unemployment Crisis Catch-22

    12/04/2010 1:48:41 AM PST · by Scanian · 13 replies
    The American Thinker ^ | December 04, 2010 | J.B. Williams
    The battle continues over private-sector job creation and government expansion. Taxation and unemployment are directly related, and if every American doesn't understand this, then Americans will continue to lose jobs. The Democratic left has placed a gun to congressional Republicans' heads by threatening to allow taxes to increase on all Americans on January 1. Democrats intend to continue government expansion by again extending the policy of paying people not to work, while Republicans are threatening to block all leftist lame-duck initiatives barring tax breaks for every American, including "the rich." The historical facts are quite clear on the subject: lowering...
  • Senate Democrats to hold meaningless tax votes tomorrow (Fiddling while jobs burn)

    12/03/2010 9:26:09 AM PST · by SeekAndFind · 15 replies
    Hotair ^ | 12/03/2010 | Ed Morrissey
    A deal between Democrats and Republicans in the Senate on the upcoming tax hikes apparently collapsed last night after one Republican withheld unanimous consent to proceed. As a result, Democrats will hold two votes tomorrow on extending the current tax rates for middle-class workers, with one including workers making under $1 million per year. The votes won’t survive a filibuster, but Democrats want to use the votes to paint the GOP as the party of the rich. However, that strategy makes a lot less sense after the jobless report this morning: Senate Majority Leader Harry Reid (D-Nev.) plans to schedule...
  • House passes legislation to extend only some tax cuts

    12/02/2010 7:02:20 PM PST · by FS11 · 12 replies · 1+ views
    The Hill ^ | 12-2-10 | Jordan Fabian
    Congressman John Duncan (R-Tenn.), voted with Democrats to renew only the middle-class cuts.
  • Its Time To Amend The Constitution to Ban Liberals From Discussing Economics

    12/02/2010 7:15:03 PM PST · by The Looking Spoon · 2 replies
    The Looking Spoon ^ | 12-2-10 | Jared H. McAndersen
    Ladies and gentlemen, from intellect as effervescent as a week old open can of Coke, I present to you for your rhetorical displeasure The Washington Post's own Ezra Klein... ...in all likelihood, what separates a tax cut bill that's "chicken crap" from a tax cut bill that's great is its treatment of the richest 1 percent of households in Boehner's district. And $700 billion slapped right onto the deficit. If Republicans win this debate despite the unpopularity of their position and its violent contradiction to their stated concern for the deficit, it'll be one of the most impressive coups...
  • Tax Cuts Explained In a Way Even Dumbocrats Can Understand

    12/02/2010 7:11:45 PM PST · by The Looking Spoon · 7 replies
    The Looking Spoon ^ | 12-2-10 | Jared H. McAndersen
    I received this in an email years ago, now feels like now is the right time to dust this puppy off as a reminder to the idiots on the left who argue that extending the Bush tax cuts for only some taxpayers (or none) is a REALLY bad idea. I could post column after column with empty rhetoric and zero evidence to support my position like liberal columnists and bloggers have been doing for the past few weeks. Or I can just play WWJD and deliver this parable. :-) Last I checked the real author of this remains a...
  • Boehner rips House Democrats tax vote as "chicken crap"

    12/02/2010 10:07:20 AM PST · by Sub-Driver · 34 replies
    Boehner rips House Democrats tax vote as "chicken crap" Deirdre Walsh By: CNN Congressional Prodcuer Evan Glass, CNN Congressional Producer Deirdre Walsh Washington (CNN) - House GOP Leader John Boehner ripped House Democrats for moving ahead with a vote Thursday just on extending tax cuts for those making $250,000 or less, calling the move "chicken crap." "I'm trying to catch my breath so I don't refer to this maneuver going on today as chicken crap, all right? But this is nonsense, all right?" Boehner told reporters Thursday. Boehner argued that Democrats were ignoring the message from voters last month who...
  • Senate Republicans Threaten Tax Dispute Blockade ("Howls of Anger from Democrats")

    12/01/2010 11:12:01 PM PST · by Red Steel · 52 replies
    nyt ^ | December 01, 2010 | DAVID M. HERSZENHORN
    WASHINGTON — Not even 24 hours after President Obama met with senior Republican Congressional leaders and expressed hopes for a “new dialogue,” renewed partisan fury engulfed the Senate on Wednesday, as Republicans threatened to block any legislation until a deal is reached to extend the expiring Bush-era tax cuts, potentially derailing the Democrats’ busy end-of-year agenda. The blunt threat was made in a letter to the majority leader, Harry Reid of Nevada, and signed by all 42 Senate Republicans. And it was reiterated by the Republican leader, Mitch McConnell of Kentucky, in a speech in which he accused Democratic leaders...
  • Cantor: GOP ready to vote down bill extending only middle-class tax cuts

    12/01/2010 8:03:16 AM PST · by Qbert · 14 replies · 2+ views
    The Hill ^ | 11/30/2010 | Michael O'Brien
    Republicans are prepared to vote down a bill extending all but the top-end tax cuts, the second-ranking GOP leader in the House said Tuesday. Incoming House Majority Leader Eric Cantor (R-Va.) said on Bloomberg Television he was ready to instruct GOP members to vote down legislation Democrats plan to bring to the floor that would extend the expiring Bush-era tax cuts only for the middle class. Democrats in both the House and the Senate have signaled they would bring up for a vote this week bills that would extend tax cuts for all households earning less than $250,000 per year...
  • No Missouri Compromise (The GOP should tell Obama - Now is not the time for higher income-tax rates)

    11/30/2010 7:29:30 AM PST · by SeekAndFind · 12 replies
    Nationa Review ^ | 11/30/2010 | The Editors
    The Democrats resent their recent losses and propose to take their anger out on American taxpayers — with a massive tax hike presented as a compromise on extending the Bush tax rates. It may be bad news for taxpayers, investors, the jobless, and the economy at large, but the Democrats’ intransigent insistence on sticking to their class-warfare platform is excellent news for incoming Republicans, inasmuch as it suggests that the Democrats still have not figured out exactly why the nation visited an almighty shellacking upon them on Election Day. Many congressional Democrats first wanted to undo what they still insist...
  • Obama's Democrats in disarray over expiring tax cuts

    11/20/2010 4:57:00 AM PST · by Hojczyk · 35 replies
    Reuters ^ | November 19,2010 | Thomas Ferraro and Kim Dixon
    With time running out and high political and economic stakes, Obama is pushing Democratic leaders to determine if they can win an acceptable extension of the cuts, which he could sign into law. Resurgent Republicans are demanding that all the tax cuts be renewed, including those for wealthier Americans -- individuals making more than $200,000 and families above$250,000. Obama favors renewing the tax cuts only for those at or below those level, saying the nation cannot afford to renew them for wealthier Americans. Despite a number of options -- including renewing all tax cuts or only those for the middle...
  • Millionaires to Obama: Tax us (reverse peristalsis alert)

    11/19/2010 12:50:30 PM PST · by chickadee · 49 replies · 1+ views
    Yahoo ^ | 11-19-10 | Rachel Rose Hartman
    Anti-tax activists everywhere have been loudly arguing for an extension of George W. Bush-era tax cuts for the wealthiest Americans in the United States. Now a group of millionaires is arguing the opposite. More than 40 of the nation's millionaires have joined Patriotic Millionaires for Fiscal Strength to ask President Obama to discontinue the tax breaks established for them during the Bush administration, as Salon reports. "For the fiscal health of our nation and the well-being of our fellow citizens, we ask that you allow tax cuts on incomes over $1,000,000 to expire at the end of this year as...
  • Democrats to hold votes on middle class tax cuts

    11/18/2010 5:25:22 PM PST · by PROCON · 33 replies
    AP ^ | Nov. 18, 2010 | STEPHEN OHLEMACHER
    WASHINGTON (AP) - After meeting with President Barack Obama Thursday, Democratic leaders in Congress said they plan to hold a series of politically charged votes to extend middle-class tax cuts while letting tax cuts for the wealthy expire. Excerpted per FR posting rules.
  • The Garage Door Economist

    11/15/2010 6:05:22 AM PST · by jazminerose · 4 replies
    www.joytiz.com ^ | 11/15/10 | Joy Tiz
    Barack Obama continues to insist on raising taxes for those vile rich people–those who earn $250,000 or more. Like the guy who fixes garage doors. I asked the garage door man what $250K means to him. His response was quick: “It’s my overhead.” A quarter million means the garage door man can meet his outrageous (this is SoCal) overhead. His basics: fees, insurance, taxes, marketing, vehicles, supplies and equipment. That’s it. How many employees does he get for $250K? None. All of that vast wealth nets him the ability to keep his doors open. Not enough left over to hire...
  • Vanity: Obama Signals Not To Extend Bush Tax Cuts. He Does This Then Palin Wins In 2012

    11/13/2010 11:39:23 AM PST · by Retired Intelligence Officer · 69 replies
    I am appalled watching the news now about the Obama White House signaling that they intend NOT to extend the Bush Tax Cuts that will help small business owners all over the United States so they can stimulate the economy and hire more people. This will be devastating for people all over. It will cause massive bankruptcy in the private and business sector. If they do this then Palin literally will have the ammo to take Obama down and she will have corporate backing from business leaders everywhere that will propel her to the Oval Office. This is a arrogant...
  • Will Obama 'See The Light?'

    11/13/2010 11:21:21 AM PST · by The Looking Spoon · 5 replies
    The Looking Spoon ^ | 11-12-10 | Jared H. McAndersen
  • TPM: Pelosi Gives Bush Tax Cut Compromise The Big N-O

    11/12/2010 10:58:06 AM PST · by tcrlaf · 49 replies
    TPM ^ | 11-12-10 | Evan McMorris-Santoro
    Speaker Nancy Pelosi will not give ground on her opposition to extending the Bush tax cuts on the wealthiest Americans, even as the White House and other Democrats have signaled that it might be time to compromise. "It's too costly. It's $700 billion," Pelosi told NPR this morning. "One year would be around $70 billion. That's a lot of money to give a tax cut at the high end. And I remind you that those tax cuts have been in effect for a very long time, they did not create jobs." Pelosi's strong stand mimics that of some of her...
  • DUmmie FUnnies 11-12-10 ("White House Gives In On Bush Tax Cuts")

    11/12/2010 6:14:57 AM PST · by PJ-Comix · 50 replies
    DUmmie FUnnies ^ | November 12, 2010 | DUmmies and PJ-Comix
    Paging Head DUmmmie Skinner! Your Tombstoning services are required. Why? Because the DUmmies are REVOLTING. Yes, they are now revolting against the Obamassiah over the possibility he will approved an extension of the (GASP!) Bush tax cuts. And this idea has the DUmmies throwing mass fits as you can see in this THREAD, "White House Gives In On Bush Tax Cuts." So let us now watch the revolting DUmmies blow a gasket in Bolshevik Red while the commentary of your humble correspondent, enjoying the smell of DUmmie angst in the morning, is in the [barackets]: White House Gives In...
  • Obama says he's not caving on tax cuts

    11/12/2010 3:27:45 AM PST · by tobyhill · 53 replies
    cnn ^ | 11/12/2010 | Ed Henry
    President Obama declared Friday that his "No. 1 priority" is preserving tax cuts for the middle class, and sharply denied that comments by his senior adviser David Axelrod suggest that his administration is about to cave in to Republicans who also want to extend the Bush tax cuts for the wealthy. "That is the wrong interpretation because I haven't had a conversation with Democratic and Republican leaders," Obama said of a Huffington Post article suggesting that in advance of negotiations with lawmakers next week, the White House has calculated that giving in on tax cuts for the rich is the...
  • Axelrod Denies Obama Would Concede Tax Cuts

    11/11/2010 9:26:37 AM PST · by Hoodat · 22 replies
    National Journal ^ | 11 Nov 2010 | Katy O'Donnell
    Senior White House adviser David Axelrod said this morning that President Obama has not caved to GOP demands on the extension of the Bush tax cuts, despite a report to the contrary. “We're willing to discuss how we move forward,” Axelrod said in an e-mail to National Journal rebutting the Huffington Post story, “but we believe that it's imperative to extend the tax cuts for the middle class, and don't believe we can afford a permanent extension of tax cuts for the wealthy.” The Huffington Post reported this morning that Axelrod suggested that “the administration is ready to accept and...
  • DUmmie FUnnies 11-11-10 ("The Bush-OBAMA Tax Cuts"?? Looney Left ABLAZE!)

    11/11/2010 10:47:44 AM PST · by Charles Henrickson · 38 replies · 1+ views
    DUmmie FUnnies ^ | November 11, 2010 | HUffies and Charles Henrickson
    The Looney Left's bête noire, Chimpy McHitler, has recently emerged from the Führerbunker and awakened the latent BDS always boiling just beneath the surface. A softball interview on the Orca Windbag Show only served to rehabilitate the Evil One. What's next, a turn on Brush-Clearing With the Stars? Well, if that were not enough, now comes President Obama morphing INTO Barack W. McSame! HuffPo has broken a story--perhaps just a trial baloney at this point--"White House Gives In On Bush Tax Cuts," and even this whiff of a RUMOR is enough to set off a FIRESTORM across the Lands...