June 23, 2010
— Gabriel Malor The Democrats are living in fantasy-land:
The majority party on Capitol Hill does not feel bound by that pledge, saying the threshold for tax hikes will depend on several factors, such as the revenue differences between setting the threshold at $200,000 and setting it at $250,000.“You could go lower, too — why not $200,000?” said Sen. Dianne Feinstein (D-Calif.). “With the debt and deficit we have, you can’t make promises to people. This is a very serious situation.”
Sen. Byron Dorgan (N.D.), chairman of the Senate Democratic Policy Committee, concurred, saying, “I don’t think there’s any magic in the number, whether it’s $250,000, $200,000 or $225,000.
“I’m not hard and fast on $250,000,” said Sen. Tom Harkin (D-Iowa). “Quite frankly, it could be somewhat lower than that. $250,000 — is that the top 1 percent of Americans, or half a percent? I mean, come on!”
Household income data compiled by the Census Bureau in 2008 shows that families earning over $250,000 fall into the top 2 percent.
House Majority Leader Steny Hoyer (D-Md.) hinted in a speech Tuesday that House Democrats do not consider family incomes of $250,000 an inviolable threshold, despite ObamaÂ’s pledge.
Oh, yes, raising taxes in a bum economy...during an election.
This is the Dem civil war. It's between the hard-left in Blue states -- secure in their seats -- and the hard-left in Red states -- doing lipservice to "moderate" voters. The Blue staters want to keep spending money on Libtard projects deferred for the eight Bush years, but the federal government is so far overbudget that the Dems have tossed up their hands and given up. So they'll happily take more of it from taxpayers.
The Red staters want to spend money too, but they know they'll lose their seats if they do. Obama managed to trick them into voting for high-cost healthare, but (they're wise to his lies now.
Here's the danger: if (when) the Democrats lose big in November, I wonder what they'll be doing during the lame duck session...
Posted by: Gabriel Malor at
06:53 AM
| Comments (100)
Post contains 354 words, total size 2 kb.
Do you think they really want to go there?
Posted by: Techie at June 23, 2010 06:59 AM (zbH+i)
Posted by: huh? at June 23, 2010 07:00 AM (NW0iD)
They've already passed a sweeping and massively unpopular healthcare reform act via "reconciliation" legislative trickery.
Why on earth would this be any different?
Posted by: looking closely at June 23, 2010 07:01 AM (PwGfd)
Posted by: CDR M at June 23, 2010 07:01 AM (JSetw)
if (when) the Democrats lose big in November, I wonder what they'll be doing during the lame duck session...
Let's not be too confident about a big win in November. The conservatives in England made that mistake and were surprised.
Posted by: CJ at June 23, 2010 07:01 AM (9KqcB)
Do you think they really want to go there?
Posted by: Techie at June 23, 2010 10:59 AM (zbH+i)
Ummm.....yeah?
Posted by: Insomniac at June 23, 2010 07:02 AM (v+QvA)
The conservatives in England made that mistake and were surprised.
Which is why I'm still PM, right?
Posted by: Gordon Brown at June 23, 2010 07:03 AM (VDgKF)
Posted by: Truman North at June 23, 2010 07:03 AM (FjC5u)
Great, we will be able to use the video footage of Obama promising unequivocally that he won't raise any taxes on the middle class.
And when i say we, i mean people not associated with the RNC because they are too damned retarded to make smart political moves.
Posted by: Ben at June 23, 2010 07:05 AM (wuv1c)
Posted by: Gaff at June 23, 2010 07:06 AM (jDWYv)
Watch him run on the "I said I wouldn't raise your taxes, congress did!" plank. Despite he would have to sign off of any increases (besides the Bush cuts lapsing).
Posted by: Gaff at June 23, 2010 07:07 AM (jDWYv)
Posted by: Techie at June 23, 2010 10:59 AM (zbH+i)
Of course they will go there. And the press will cover for them. And the GOP will try it, same rules, the next time they are in the majority, and the press will excoriate them for it, making it seem like the Fourth Reich (Fifth, Sixth, whatever number we are on now). Just like usual.
Make sure everyone you know sees and understands what is happening.
Posted by: Jay in Ames at June 23, 2010 07:07 AM (UEEex)
I honestly think the blue dog democrats that get wiped out in november will do the exact opposite. I am betting they stop any lame duck legislation from passing.
They will all blame Obama for their loses and rightfully so.
When was the last time you did a solid for someone who screwed you over and cost you your job, even if you agreed with them ideologically.
It will be interesting to watch how Arlen Specter votes. He will be the bellweather. He got screwed by Obama, and i think he will start voting against some of the democrat policies or at the very least won't be slavishly voting for everything they want.
Posted by: Ben at June 23, 2010 07:09 AM (wuv1c)
Posted by: Insomniac at June 23, 2010 07:09 AM (v+QvA)
Posted by: rdbrewer at June 23, 2010 07:10 AM (HWuIy)
Let's not be too confident about a big win in November. The conservatives in England made that mistake and were surprised.
Posted by: CJ at June 23, 2010 11:01 AM (9KqcB)
Agreed. With the possible exception of the New York Jets, no organization on earth is better at snatching defeat from the jaws of victory than the RNC.
Posted by: Nighthawk at June 23, 2010 07:10 AM (OtQXp)
18
I few months ago they tried to back away from that campaign promise or at least distance themself from that.
Posted by: Ben at June 23, 2010 07:10 AM (wuv1c)
Posted by: Sharkman at June 23, 2010 07:11 AM (Zj8fM)
rdbrewer, nearly 40% of voters were not alive during the Carter Admin. At least half of us don't remember it well at all.
Furthermore, even some of those who do remember it will attribute Reagan's recovery to luck, or increased spending.
Posted by: Truman North at June 23, 2010 07:13 AM (FjC5u)
Posted by: Democrat Controlled Congress at June 23, 2010 07:13 AM (+p5WZ)
Also, is it OK to raise taxes in a "good" economy? Doesn't that kind of contribute to the economy going bad?
Posted by: John S at June 23, 2010 07:14 AM (+q/hN)
Where in the hell did that number come from? I find it damn hard to believe. My yardstick for middle class is a two earner couple, a police Sargent and a nurse who live in a moderate suburb.
In most areas in the country that can easily run to over $200K a year for both incomes.
Perhaps they are stirring the numbers to include illegals working under the table combined with people who don't work at all.
Posted by: Vic at June 23, 2010 07:14 AM (6taRI)
Posted by: Hussein the Plumber at June 23, 2010 07:14 AM (ZaTQU)
The democrats are not interested in taxing the super-rich. No. No. NO!
Warren Buffet's zillions are not to be touched.
The sweet spot are those evil middle class rich people. The hard working stiffs who make America work.
Posted by: Lemon Kitten at June 23, 2010 07:14 AM (0fzsA)
I'm not getting my hopes up for November: for one thing the Dems have to be ousted from their majority, and they will try to cheat; for another, the Repubs would have to be the "right kind" of Rs or else they will act just like the Ds (or they might protest a bit -- but that is for keeping up appearances).
Republicans like statism just as much as Democrats (or at least a large number of them do). The last 2 years has shown me that.
To hell with both parties.
Posted by: unknown jane at June 23, 2010 07:14 AM (5/yRG)
She'll be able to live off the defense contracts certain to come her husband's way in the coming years. She'll probably donate .3% of her salary to charity, and call it good, just like VP Bite-Me.
Posted by: Jay in Ames at June 23, 2010 07:14 AM (UEEex)
Idiots, the whole lot of them.
Posted by: Blacque Jacques Shellacque at June 23, 2010 07:14 AM (hrmV3)
Posted by: jwpaine at June 23, 2010 07:15 AM (g4J4S)
The promise has already been made, Feinstein, you pile of dried up dog feces. Your Boy King Obama made it over and over again on the campaign trail. Helped him win the White House as I recall.
Posted by: Warden at June 23, 2010 07:15 AM (aR3X4)
Of course, that was the point of the Hoyer statements on the "Committee". The budget will come after the "committee".
Posted by: Vic at June 23, 2010 07:15 AM (6taRI)
Posted by: Sharkman at June 23, 2010 11:11 AM (Zj8fM)
There, you have it- "wealth" and "income" are NOT THE SAME THING. When the libs scream "Tax the Rich!" what they are really saying is "Tax the people who are PRODUCTIVE EARNERS".
The "idle rich" class (which includes most of them) is not part of that group.
Posted by: Nighthawk at June 23, 2010 07:16 AM (OtQXp)
It's almost comical to watch the Democrats take the public credit card and max it out. Then with a straight face - the democrats insist we tax paying suckers must pay up.
- "hey, you know what? we're gonna have to raise your taxes to pay for our uncontrolled socialist spending binge."
--Diane Frankenstein
Posted by: Lemon Kitten at June 23, 2010 07:18 AM (0fzsA)
Posted by: Drew in MO at June 23, 2010 07:18 AM (+p5WZ)
“You could go lower, too — why not $200,000?” said Sen. Dianne Feinstein (D-Calif.). “With the debt and deficit we have, you can’t make promises to people. This is a very serious situation.”
With the debit and deficit they'll have to tax kids' allowances. It's a very serious situation that she helped create but let's jam it up the tax payers ass to pay for it.
Posted by: TheQuietMan at June 23, 2010 07:18 AM (1Jaio)
Posted by: Schwalbe at June 23, 2010 07:19 AM (UU0OF)
Posted by: unknown jane at June 23, 2010 07:21 AM (5/yRG)
Posted by: Hussein the Plumber at June 23, 2010 07:25 AM (ZaTQU)
Posted by: BeckoningChasm at June 23, 2010 07:25 AM (eNxMU)
Posted by: Hussein the Plumber at June 23, 2010 07:27 AM (ZaTQU)
It is consistent with a lot of police officers and nurses that I knew in Oakland. I currently live in a small town/rural environment and I know that that same couple doesn't make 200K here, but not many of ANY job make that here in SC.
But, I would say that that couple in a moderate size town in a State like OH would.
Posted by: Vic at June 23, 2010 07:27 AM (6taRI)
Posted by: unknown jane at June 23, 2010 07:28 AM (5/yRG)
They democrats are already going to raise taxes on everyone, without even doing anything. The Bush tax cuts sunset at the end of 2010.
(Tax cuts that helped keep unemployment low during the Bush years. oh noez!)
Posted by: Lemon Kitten at June 23, 2010 07:28 AM (0fzsA)
Posted by: unknown jane at June 23, 2010 11:21 AM (5/yRG)
Same here..
Posted by: Timbo at June 23, 2010 07:29 AM (ph9vn)
48 I need to move to Ohio then -- I'm waiting for the big mass migration away from here (like the Okies in Steinbeck).
It's getting ridiculous -- a family of 4 with two people working full time shouldn't have to apply for food stamps, and yet we are starting to have that situation here. They barely have the gas money to get to work (the manufacturing and agricultural decline has clobbered this area...there aren't enough service jobs needed and Walmart isn't exactly the sort of place that pays enough to make ends meet). Taxes haven't helped either -- they are being made into paupers because of taxes; so we have people who work their asses off and pay into the system...only to have to rely on the system to feed themselves because they don't bring home enough of their paycheck and the cost of living has gone skyhigh.
Seems there's a bit of a problem there.
Posted by: unknown jane at June 23, 2010 07:33 AM (5/yRG)
Posted by: Kratos (missing from the side of Mt Olympus) at June 23, 2010 07:33 AM (9hSKh)
Posted by: phoenixgirl at June 23, 2010 07:33 AM (ucxC/)
Just wondering when their going to get around to launching a few nukes at us useless taxpaying rednecks here in flyover country.
Might as well, they've hit us with everything else.
Posted by: StuckOnStupid at June 23, 2010 07:36 AM (e8T35)
I'd like to hear a real historian, i.e., someone like Victor David Hanson, discuss the historical parallels between our current state of hostile, hate-America leadership, and what has happened down through history when other nations have suffered through such times.
We are putting the wisdom and foresight of our founding fathers to the test. Were those old dead white men of the 1700's able to devise a government that could save itself from the evil of Barack Obama and his helpmates?
Posted by: Boots at June 23, 2010 07:37 AM (06JTY)
Posted by: ed at June 23, 2010 07:41 AM (Urhve)
Posted by: Paranoid much? at June 23, 2010 07:43 AM (YXmuI)
Posted by: Princess Leia at June 23, 2010 07:43 AM (Mv/2X)
Well Jane I don't know what to say. I don't know where you live, but here in SC where I live now is one of the poorest States in the union.
A two-wage earner couple like I described above here would most likely make between 80K and 100K per year here in a moderate size city assuming some overtime.
When my wife was laid off about 15 years ago, the last year she worked she made 55K. I normally pulled in between 75K and 85K a year the last 5 years I worked and that was down from previous years because I had been reclassified to exempt and no longer was paid for overtime.
Posted by: Vic at June 23, 2010 07:45 AM (6taRI)
You could go lower, too — why not $200,000?” said Sen. Dianne Feinstein (D-Calif.). “With the debt and deficit we have, you can’t make promises to people. This is a very serious situation.”
I take your 200k and lower you 100k! I mean what's the difference? They both have the same number of zeros after them!
Posted by: Anonymous Demotard Senator at June 23, 2010 07:47 AM (CfmlF)
You ain't seen nothing yet. Just wait til these assholes go full retard in their lame duck session.
I wouldn't put it past Benedict Arlen to be plotting his 2016 re-election campaign. He could flip flop to Republican again and vote no on all the spending as a lame duck. He could then use that voting record to get re-elected. I wouldn't be surprised. Even though he'd be older than the crypt keeper, I'm sure he thinks he's still viable. He just got screwed by the Democrats this election, that's all. He's that deluded.
Posted by: runningrn at June 23, 2010 07:51 AM (CfmlF)
(sweet control)
I read an interesting definition of freedom the other day: freedom is the opportunity to be responsible for yourself. High taxes remove that opportunity, by reducing the wealth you can accumulate. The constantly-growing regulatory state remove that opportunity, by taking control of aspects of your life (like, say, the amount of salt in your diet). The constantly-growing entitlement state removes the NEED to take responsibility for yourself, because, hey, if you can get the state to take money from other people at gunpoint and use it to pay for your new cell phone, why do you need to set aside money to pay for it?
The left hates people who are responsible for themselves, because those people are unlikely to give them power over the lives of others. People who have earned what they have do not begrudge another person what they've earned...
Posted by: Rob Crawford at June 23, 2010 07:51 AM (ZJ/un)
The left hates people who are responsible for themselves, because those people are unlikely to give them power over the lives of others. People who have earned what they have do not begrudge another person what they've earned
Amen!
Posted by: runningrn at June 23, 2010 07:52 AM (CfmlF)
Posted by: unknown jane at June 23, 2010 08:04 AM (5/yRG)
I am 2 hours from any metro area. I live in a county with a population of about 70K near a town with a population of 7K.
Posted by: Vic at June 23, 2010 08:08 AM (6taRI)
Posted by: BuddyPC at June 23, 2010 08:08 AM (nSkOL)
Here's the danger: if (when) the Democrats lose big in November, I wonder what they'll be doing during the lame duck session...
Elections?
You really think there'll be elections in November?
Posted by: alex jones at June 23, 2010 08:12 AM (IxejE)
Posted by: Homer J. Obama at June 23, 2010 08:14 AM (xxgag)
“The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the presidency. It will be easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails us. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools such as those who made him their president.”
Posted by: harleycowboy at June 23, 2010 08:32 AM (wSTfB)
Posted by: Micheal Klagen at June 23, 2010 08:41 AM (SZy+Y)
most of the country is about the same range as SC for your example couple. I lived in Columbus OH - a Nurse an Police Sgt there would make about 100-150K (the upper end being if they had been doing it for a while)
California is an outlier, and even then, only parts of it, as are many of the larger Northeastern cities. Much of the country has a cost of living comparable to Columbia or Charlotte (where I now live).
It doesn't really matter though. If we set the threshold of 'rich' to 200K, how long before it is redefined to be 150K then 75K, etc? It will be eventually, as history has proven.
I'm sure many of use recall hearing the word 'rich' mean millionaire - someone who COULD pay cash for 200K sports car. In 30 years, 'rich' might mean 'anyone who owns any property whatsoever'.
Posted by: blindside at June 23, 2010 08:45 AM (x7g7t)
LBJ was black?
because, hey, if you can get the state to take money from other people at gunpoint and use it to pay for your new cell phone, why do you need to set aside money to pay for it?
That kinda goes back to household income by percentiles; welfare is not counted as income. If your household receives $30k/yr in housing, medical, childcare, food, and utility subsidies on top of the $10k/yr or so you make at your part-time job, your household is not counted as having $40k/yr in income...and statistically you're "beneath the poverty line" even though you're actually better off in the bottom line than your neighbor, whose household makes $40k/yr taxable wages.
Posted by: HeatherRadish at June 23, 2010 08:51 AM (mR7mk)
I'm sure many of use recall hearing the word 'rich' mean millionaire - someone who COULD pay cash for 200K sports car. In 30 years, 'rich' might mean 'anyone who owns any property whatsoever'.
I'm sure that the Dems are trying to figure out how they can tax people on their total assets.
Posted by: runningrn at June 23, 2010 08:54 AM (CfmlF)
“With the debt and deficit we have CREATED, you can’t make KEEP promises to people. This is a very serious situation GREAT OPPORTUNITY.”
FIFY
Posted by: sherlock at June 23, 2010 08:55 AM (jdXw+)
69 Well, that's about similar -- although my county has even less people. Of course, this is IL, south central to be exact -- people are just getting killed with taxes and no, the average wages around here are fairly low. Granted, the cost of living is lower than a lot of places (housing isn't too bad here), but food and gas are about the same maybe a bit higher (I remember it being cheaper when I went out to see my daughter, and she was in SC).
I know the cops out here make about 40K on the high end (it depends upon which department you work for); nurses, depends upon which hospital you work for and what department you are in, but average I'd say is 80K. They are at the upper end of the middle class socio-economic bracket however (almost into the rich category). Like I said, average salaries are not that high around here...and with the taxes it's killing people.
If you get closer to a larger city of say 50,000, depending upon the city, the job situation looked better -- but now there is only one city within driving distance that has a vestige of manufacturing left where the taxes aren't so insane that the average worker couldn't live there, and it isn't too healthy. Most of the other moderate sized cities around here are college towns, and I swear they want to consider themselves mini-Berkleys (one of the local BOG colleges is a pretty good case in point; it's a relatively conservative college, but the lefty/hippie push to make it little commune on the prairie is in high gear) -- in other words they don't want nasty factories or farms, or the awful sweaty workers to mar their perfect images of themselves...with resulting socio-economic problems. And they are a pretty good drive from here, so...people are getting stuck with very little choice.
The situation in the lower half of Illinois is pretty freaking grim.
Posted by: unknown jane at June 23, 2010 08:57 AM (5/yRG)
...and the loopholes to keep Kennedys, Pelosis, Clintons, Shrivers, Kohls--how many multi-millionaires with their wealth offshored am I missing?!--from paying that tax.
Posted by: HeatherRadish at June 23, 2010 09:00 AM (mR7mk)
73 Heh, yeah...a lot of yellow dogs have gotten their eyes opened in a big way the last two years. But they are offset by the die hard "liberals" (who are anything but) -- I swear this man could order their heads chopped off and they would go to the executioner singing his praises.
Their support for him goes beyond all reason and common sense; it's more than a bit creepy (I don't remember such blind devotion to Carter or Clinton, or to Reagan for the flip side...this is a new and disturbing trend in America if you ask me).
Posted by: unknown jane at June 23, 2010 09:04 AM (5/yRG)
Posted by: unknown jane at June 23, 2010 09:05 AM (5/yRG)
Posted by: Micheal Klagen at June 23, 2010 09:08 AM (SZy+Y)
Posted by: Frank Stien at June 23, 2010 09:11 AM (SZy+Y)
That was my point to begin with. When the income tax was initially passed it was supposed to be only for the "rich" and they did mean rich then.
The problem was they continually raised the rates and they never indexed it for inflation. You will notice that the commies currently in office haven't said a peep about the AMT fix this year. That was supposed to be only for the rich as well so that they would not be able to skew the deductions so that they didn't pay any taxes.
I personally do not consider a couple with a family income of 200K to be rich. I would place them at the upper end of the middle class depending on where they live. If they were living in my old neighborhood in Castro Valley, CA those old 50s style track houses on postage stamp size lots are going for $550/sq ft now AFTER the drop. 200K/yr with the other costs in that area is not enough to buy one of those 50s style track houses, so I would hardly call it "rich" there.
I know the cops out here make about 40K on the high end (it depends upon which department you work for); nurses, depends upon which hospital you work for and what department you are in, but average I'd say is 80K.
Jane, the local cops in my small town area probably top out around 40K. I know entrance salary is < 20K based on an add in the paper, but that is before you are trained and added to the squad. Nurse at the local hospital probably make between 60K and 80K (registered) and much more with overtime.
Posted by: Vic at June 23, 2010 09:11 AM (6taRI)
80 ...and the loopholes to keep Kennedys, Pelosis, Clintons, Shrivers, Kohls--how many multi-millionaires with their wealth offshored am I missing?!--from paying that tax.
IIRC, when Rose Kennedy died, in Massachussetts, her son Teddy tried (and might have succeeded, it dragged on) to get her declared a resident of Florida posthumously. Because MA has huge estate & income taxes, and Florida has none.
It came out that in the last 10 years of her life, she had not set foot in Florida. But Teddy was determined to get residency status for her dead body, in order to avoid MA taxes.
Big fat hypocrites, those liberals.
Posted by: Boots at June 23, 2010 09:16 AM (06JTY)
Posted by: Klaus Frenfuty at June 23, 2010 09:19 AM (SZy+Y)
Ok, on the "tax the rich" fantasy, here goes.
Basically when your talking about the 200k-250k and up tax bracket you have three basic categories.
Married couples who both have halfway decent jobs, at least given the standard of living in most areas.
Small business owners, many of whom are actually filing their taxes as individuals because overall it's a hell of a lot less hassle and you have a much better chance of at least getting close to figuring out what you owe without having to hire an accountant.
The truly wealthy, millionaires, billionares, CEO's - the true movers and shakers.
Ok, so you raise taxes on these folks, what happens?
The married couples at the bottome of this bracket are stuck, they just have to pay up. The small businesses? Well, those that can will raise the costs of whatever goods or services they provide to help offset the expense of paying higher taxes.
The big boys, the real movers and shakers? Oh ya, these guys most definately are going to raise the cost of whatever goods and services the business they own provides.
The end result? Next time you go to Walmart, or the grocery store, or whever your paying a couple of extra pennies on each and every item you buy. The cost doesn't go up fast enough for most people to even notice, and since it's spread out over the thousands of items they carry again you don't really notice until you get to the check out stand.
So the end result, regardless of MFM lies and Libertard econuts claims to the contrary, whenever you raise taxes on the "rich" it's the middle class, us poor working stiffs, who end up paying for it.
I really hope people start figuring this out eventually, so they'll finaly move past this class warfare BS that's killing us all and stop voting in all these thieving liberal bastards who keep dipping into my wallet for every idiotic pet project and it's brother.
Posted by: StuckOnStupid at June 23, 2010 09:30 AM (e8T35)
Posted by: MJ at June 23, 2010 09:41 AM (BKOsZ)
but they never have the courage to say no to new spending.
Posted by: Neo at June 23, 2010 09:43 AM (tE8FB)
Which is why I'm still PM, right?
Posted by: Gordon Brown at June 23, 2010 11:03 AM (VDgKF)
Not quite, Gordy. But the conservativevs didn't win nearly as many seats as they predicted. Because they coasted.
Posted by: CJ at June 23, 2010 10:21 AM (9KqcB)
84 Well, duh yeah (sorry, the entire situation makes me a bit pissy) -- I have been been pushing for a move for some time now, but I see my husband's point: there would be a house to sell and break even on in a down market; there is the situation with us both finding jobs and an affordable place; and there is my mom to consider (she's old and we probably shouldn't move too far away). There are a lot of considerations.
Besides, it isn't just about me -- when you have a situation as is developing in this state it does affect everyone. The solution of "just move" might work for me as an individual, but it does not address the problem. That is what I'm referring to -- not my own personal situation. We are still keeping our heads above water, but there are many here who are not. This chafes me to no end.
Posted by: unknown jane at June 23, 2010 10:30 AM (5/yRG)
86 I would not consider them rich -- ok, around here they would be considered "rich", and that perhaps is a clue to the problem as well.
But that isn't the arguement for me -- as people making 100 - 500K a year drive a good portion of the economy, as they (used) to have a decent amount of disposable income, which means they went places and bought things, even opened up little businesses of their own -- which kept other people working and earning, allowing them to do the same albeit at a much more modest level.
Around here, those people have been getting pretty few and far between and the ones that remain do not have the disposable income that they once did...and thus the economic slump worsens.
Posted by: unknown jane at June 23, 2010 10:34 AM (5/yRG)
Looking for ways to get back in power. Which doesn't include enraging voters even more.
Posted by: Christopher Taylor at June 23, 2010 12:16 PM (PQY7w)
Posted by: td at June 23, 2010 01:22 PM (w7TI0)
@6: "That would be an unbelievably dangerous precedent to set: major alterations to the GovernmentTax Code/Regulations/Etc. by an exiting Lame Duck "majority"?"
No danger at all. The GOP would never have the balls to try it, and even if they did, the Dems would scream bloody murder with full media support. There is no risk to them. The only precedent is that once they've done it, they'll be free to do it again with the claim that "everyone does it".
"Do you think they really want to go there?"
Yes. Ja. Oui. Hai. Da. Si. Sea.
Posted by: Fa Cube Itches at June 23, 2010 03:24 PM (kmEfr)
Posted by: Case at June 23, 2010 11:53 PM (0K+Kw)
Posted by: iPad to iTunes Transfer at November 20, 2010 07:43 PM (k84do)
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Posted by: Jane D'oh at June 23, 2010 06:56 AM (UOM48)