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#1
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The Compromise
By now you have all heard of the framework for a tax rate/unemployment compensation extension compromise announced by President Obama. Seems that both dems and repubs hate it.
What do you all think?
__________________
1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags |
#2
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If everyone hates it, then it's probably a reasonable plan...
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#3
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Anything that is hated by both sides must have a little good in it someplace.
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#4
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"Hate is good." - Gordon Gecko
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#5
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Like the poles about gays in the military the ones about what the population thinks is needed to get us out of the recession are completely and absolutely ignored by those in power. It seems that the Reps. are more interested in currying favor with the top 2% of the population than in trying to get workable legislation that might get the economy moving.
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#6
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Quote:
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#7
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Quote:
Tom |
#8
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EXACTLY!
__________________
"I have no convictions ... I blow with the wind, and the prevailing wind happens to be from Vichy" Current Monika '74 450 SL BrownHilda '79 280SL FoxyCleopatra '99 Chevy Suburban Scarlett 2014 Jeep Cherokee Krystal 2004 Volvo S60 Gone '74 Jeep CJ5 '97 Jeep ZJ Laredo Rudolf ‘86 300SDL Bruno '81 300SD Fritzi '84 BMW '92 Subaru '96 Impala SS '71 Buick GS conv '67 GTO conv '63 Corvair conv '57 Nomad |
#9
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Doesn't matter what a President announces. Congress is the power behind the issue. If both sides cannot get pork out of it and have to make cuts, it probably won't work in this form.
__________________
01 Ford Excursion Powerstroke 99 E300 Turbodiesel 91 Vette with 383 motor 05 Polaris Sportsman 800 EFI 06 Polaris Sportsman 500 EFI 03 SeaDoo GTX SC Red 03 SeaDoo GTX SC Yellow 04 Tailgator 21 ft Toy Hauler 11 Harley Davidson 883 SuperLow |
#10
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In my opinion the best thing they could do to stimulate the economy would be to give everyone a year of federal tax "holiday" meaning that folks would not have to pay any federal taxes during that time. This would provide folks with extra funds to spend.
__________________
Jim |
#11
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But that would "discriminate" against those who pay no federal income taxes! They would feel unequal and their self-esteem and the self-esteem of their children would cause irreparable negative impact preventing them from ever achieving their dreams and full potential!
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#12
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Quote:
- Peter.
__________________
2021 Chevrolet Spark Formerly... 2000 GMC Sonoma 1981 240D 4spd stick. 347000 miles. Deceased Feb 14 2021 2002 Kia Rio. Worst crap on four wheels 1981 240D 4spd stick. 389000 miles. 1984 123 200 1979 116 280S 1972 Cadillac Sedan DeVille 1971 108 280S |
#13
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Good plan, except for increasing the national debt by about $2T dollars.
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A very significant portion of the population, or have you not heard that?
This is a source that I suspect will not be too controversial! "According to a 2007 report by the Statistics of Income division of the Internal Revenue Service, in 2006 the Internal Revenue Service received 134,372,678 individual income tax returns, of which 90,593,081 (67.42%) showed that they paid or owed federal income tax for 2005. That is, 32.58% of those Americans who filed income tax returns did not owe any federal income tax at all for 2005. This percentage increased substantially in 2008, and for 2009 was 47%." Even the NYT found it impossible to deny: "As of 2006, according to New York Times columnist David Lionhardt, approximately 10% of Americans paid no net federal taxes " http://en.wikipedia.org/wiki/Lucky_duckies |
#15
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43.4% of The People according to The Tax Policy Center
http://www.cbsnews.com/stories/2009/04/15/politics/otherpeoplesmoney/main4945874.shtml
__________________
"I have no convictions ... I blow with the wind, and the prevailing wind happens to be from Vichy" Current Monika '74 450 SL BrownHilda '79 280SL FoxyCleopatra '99 Chevy Suburban Scarlett 2014 Jeep Cherokee Krystal 2004 Volvo S60 Gone '74 Jeep CJ5 '97 Jeep ZJ Laredo Rudolf ‘86 300SDL Bruno '81 300SD Fritzi '84 BMW '92 Subaru '96 Impala SS '71 Buick GS conv '67 GTO conv '63 Corvair conv '57 Nomad |
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