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Why are Repubs so obsessed with extending the Bush taxcuts??

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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 07:46 PM
Original message
Why are Repubs so obsessed with extending the Bush taxcuts??
Edited on Mon Aug-02-10 07:52 PM by kentuck
They are lying their asses off.

They say, of course, taxcuts increase revenues to the Treasury. Like they have for the last 30 years??

They say employers will start hiring when the taxcuts are extended. Well, they have been extended for the last year and a half. They are in effect as we speak and I don't see them creating a lot of jobs?
But, it is because of the "uncertainty", they say. They will expire by law at the end of this year. That was the law that was passed by the Republicans, with the help of a few Democrats. It was the Democrats that were successful in getting middle-class taxcuts into the bill in 2001, so as the Bush taxcuts could get their support.


We are almost 5 months from the expiration date and the Repubs are acting as if they will expire this weekend. They are in full propaganda mode.

I wish I had more faith in the Democrats not to go along with these liars and deceivers. But, some have already come out in support of extending the Bush taxcuts. Give them 4 more months and they will have more Democrats voting for extension than Republicans.

Any one can see the results of the taxcuts if they simply look. They can see $3 trillion added to the debt and deficit. They can see no jobs were created from the taxcuts. There is nothing positive to vote for. I hope the Democrats do not buy into the propaganda. That is all I have left, a little hope. I have no faith in the Democratic Party that they will do what is right for the country, as well as the Party, and let the taxcuts expire.
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Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 07:49 PM
Response to Original message
1. Why are Democrats so obsessed with extending Bush's middle-cuts?
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howaboutme Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 07:57 PM
Response to Reply #1
5. If we only had FDR Democrats
instead of those who straddle both sides between the ultra rich of Wall Street and the increasing and ultra poor of Main Street this issue could easily be turned into a political hot potato against the GOP.

But it can't when half the Democratic Party are beholden to the ultra rich of Wall Street and the hedge funds and venture capitalists that skim the cream off the nation's economy just as do the GOP. We need to face it, the Democrats are almost as beholden to the ultra rich as are Republicans.

I don't see the Democrats as having the balls to let the tax cuts expire for the rich.
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Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 07:59 PM
Response to Reply #5
6. Theyll let em expire for the rich
They just get a capital gains cut or an estate tax holiday in return for the 60th vote. Hurr-fuckn-A
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 07:49 PM
Response to Original message
2. The 2% give them a lot of money...
The GOP is working for the 2%... always have been.
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Barack2theFuture Donating Member (353 posts) Send PM | Profile | Ignore Mon Aug-02-10 07:51 PM
Response to Original message
3. they aren't. they just want to extend the part of the tax cuts
that goes to the wealthy. The part that goes to the middle class is a pittance and is basically bribe money.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 07:56 PM
Response to Reply #3
4. I would recommend letting all the taxcuts expire.
Edited on Mon Aug-02-10 08:01 PM by kentuck
The Republicans will play their usual game. They will insist that they cannot vote for the middle class taxcuts to stay unless the taxcuts for the wealthy are also extended. So...

Let them all expire. Then pass a more targeted taxcut for folks that need some assistance. Such as those whose wages have not kept up with their productivity. Give them a raise in the form of a taxcut. I'm sorry, but I don't think those with $250,000 incomes deserve to have their taxcuts extended.
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billlll Donating Member (434 posts) Send PM | Profile | Ignore Mon Aug-02-10 08:10 PM
Response to Reply #4
8. 91% Truman '52 rate wd double budget,end hmlessness
Plus many other things.
Half the Budget is missing, thanx to GOP
It is now Rolls Royces.
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Barack2theFuture Donating Member (353 posts) Send PM | Profile | Ignore Mon Aug-02-10 08:18 PM
Response to Reply #4
12. I agree 100%.
do both simultaneously and make the republicans vote against tax cuts.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 08:43 PM
Response to Reply #12
17. Right on!
Put them on the defensive.
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howaboutme Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 08:23 PM
Response to Reply #4
15. Multi-millionaires and billionaires need tapped
The 250K point is OK as a starting point but it is the mega rich like the billionaire Sandlers who give to the Democrats, but scammed Wakovia Bank when they sold their Golden West Bank and its huge fraudulent sub prime portfolio. They are members of the club that control Congress and industry and they are the ones who really need to be required to invest and pay their fair share into America.

If the ultra rich don't like the requirement to invest in the USA, they need to lose their US citizenship.
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DCBob Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 08:08 PM
Response to Original message
7. Repubs are obsessed with any taxcuts..
thats their only strategy to "fix" the economy.
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niceypoo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 08:16 PM
Response to Original message
9. They cannot admit that Reaganomics failed
So they repeat it; every time expecting a different result, but never getting one.

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Wounded Bear Donating Member (665 posts) Send PM | Profile | Ignore Tue Aug-03-10 12:00 AM
Response to Reply #9
21. Bingo...what they really fear is that their failure will be exposed...
Tell a RWer sometime that Social Security is the most successful program in history. They tend to give you funny looks and start stuttering when faced with facts.
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EV_Ares Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 08:16 PM
Response to Original message
10. They are obsessed with anything that they think can or will gig Obama
no matter if it is good or bad for the country which is why they have said "No" to everything.
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Curmudgeoness Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 08:17 PM
Response to Original message
11. Good point, and I don't know why people are not seeing this.
These tax cuts HAVE been in effect. And I don't see the budget increasing, and I don't see job creation. The Reps are making this a class war. God, everything has to be a "war"!
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BlueIdaho Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 08:19 PM
Response to Original message
13. Because they have no real ideas? nt.
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librechik Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 08:20 PM
Response to Original message
14. Taxcuts are literally all they have. But keep in mind
Larry Atwater said that "taxcuts" are the same word as the n word in conservative dogwhistle language.
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marginlized Donating Member (219 posts) Send PM | Profile | Ignore Mon Aug-02-10 08:24 PM
Response to Original message
16. Next Stop: American Aristocracy
Republicans aren't merely for keeping income tax cuts. They would like to eliminate the estate tax as well.
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 08:44 PM
Response to Original message
18. it's a way for them to say democrats are raising taxes
bu$h* put the expiration in, blame junior
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 08:46 PM
Response to Original message
19. Robert Reich has an interesting idea...
He suggests that instead of talking about the Bush taxcuts expiring, we should be changing the parameters of the debate. We should be discussing how much the top rate should be going up above what it was under Clinton.
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Rincewind Donating Member (682 posts) Send PM | Profile | Ignore Mon Aug-02-10 11:47 PM
Response to Original message
20. It's simple,
the right wing thinks that only the poor, and lower middle class benefits from the government. There for, only the poor and middle class should pay taxes. They claim that the rich pay a lot in taxes, and receive no benefits from the government.
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