Obama counter-punches with the truth.

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rubato
Posts: 14245
Joined: Sun May 09, 2010 10:14 pm

Obama counter-punches with the truth.

Post by rubato »

The dominoes are falling as predicted:

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http://www.ft.com/intl/cms/s/0/28d1fd14 ... z2GYkINQLS

" ...
Barack Obama attacked Republicans for their “overriding” priority of protecting the incomes of the wealthy and said he would immediately introduce new legislation to extend middle-class tax breaks if Congress failed to reach agreement in coming days. ... "
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The temporary tax cuts expire, or nearly so, and Barack comes back with a tax break for 98% of filers.

While "Team Romney" flail away.

yrs,
rubato

oldr_n_wsr
Posts: 10838
Joined: Sun Apr 18, 2010 1:59 am

Re: Obama counter-punches with the truth.

Post by oldr_n_wsr »

And the expired payroll taxcut (now a tax increase) will take 2% out of my paycheck every week.
And no cuts to spending. Guess we'll borrow some more.

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Crackpot
Posts: 11657
Joined: Sat Apr 10, 2010 2:59 am
Location: Michigan

Re: Obama counter-punches with the truth.

Post by Crackpot »

The payroll tax cut should have been killed last year
Okay... There's all kinds of things wrong with what you just said.

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Crackpot
Posts: 11657
Joined: Sat Apr 10, 2010 2:59 am
Location: Michigan

Re: Obama counter-punches with the truth.

Post by Crackpot »

The payroll tax cut was always intended as a short term stimulus not a long term policy. (It dangerously underfunded social security). The longer it lasted the more people (like you) see it as a added tax r
rather than what it was.
Okay... There's all kinds of things wrong with what you just said.

oldr_n_wsr
Posts: 10838
Joined: Sun Apr 18, 2010 1:59 am

Re: Obama counter-punches with the truth.

Post by oldr_n_wsr »

Anything (by the gov) that takes more money from me for whatever reason, is another tax.
To me
Less money taken from me by the gov means lower taxes.
More money taken from me by the gov means tax increases.

Doesn't matter how it was, only what happens next pay check. In other words, I get hit with a tax increase.

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