Woo. Obama got 2 1/2 times MORE for US than them!!

[Horse with no Name]

It will probably amount to an electric bill or a couple of tanks of gas. Go US!
You want to REALLY spread the wealth?
Give every taxpayer the SAME chunk of money across the board--$50k or so, and let US stimulate the economy.

But please...don't keep shitting and trying to sell it to me as applesauce.


I'll give up my 2 1/2 times MORE to get one of the rich tax cuts every day of the week and twice on Sunday.

[midnight]

1. 50K would come in handy....

[Travis_0004]

2. They say its going to cost 700 billion right

700 billion divided by 300 million people=2333. A nice chunk of change, but nowhere near 50k.

[DJ13]

4. Cut out the wealthy, and children and its quite a large sum

[Horse with no Name]

8. Point is

Their tax cuts are substantial. Ours are a pittance. If we are going to bankrupt our children and grandchildren--let's at least make it an amount that will HELP people.

[FrenchieCat]

3. Wow. You have great ideas!

How much would that cost? Do you know?
Can we get that done by January 1st?
If so that's cool!

Have you talked to anyone about this proposal of yours yet?

[Norrin Radd]

14. Is this your way of skirting the rules regarding

civility?

[hlthe2b]

5. And that Federal withholding tax holiday....

will all but assure the demise of SS. For those of us at an age where there is little hope of recouping lost retirement funds from the various stock market downturns, this is agonizing. How can Obama be so stupid as to give them the ammunition they will need to dismantle social security? I remain absolutely aghast.

[somone]

7. Sowing the seed of death and destruction for millions of seniors

but I suppose they're not his base anymore

[dennis4868]

6. actually Obama prevented...

my taxes going up 50% YESSSSSSSSSSSSSSSSS....LOVE THAT MAN! Thank you Obama.....

[Horse with no Name]

9. Yeah I had a conversation with someone who felt like you

They could care less that the lowest tax bracket was going to see an increase in THEIR taxes, they could care less that it laid out the demise for SS, and they could care less that our children and grandchildren would be bankrupted by these tax cuts for the rich.
They got theirs. Fuck everyone else.
I don't understand that mentality. But that is the first rule of the jungle, isn't it?

[dennis4868]

11. the 10% tax bracket staying at 10%...

has nothing to do with the demise of SS or increasing the deficit in a substantial way. Not sure if you have any idea how many people would be completely ruined if their taxes go up 50%....I am one of the people who would be hurt the most if this tax deal does not go through....there are way too many people like me, Obama knows this and is putting his political life on the line for us....I respect that....that is a leader and a fighter!

[Rincewind]

13. Good for you,

he only prevented mine from going up 33%. And, keeping the extended unemployment benefits will let my younger brother, and his wife and youngest son keep their house. I don't know how much Obama will save my older brother, probably $800 to $1000, but you need to understand that we don't count. The only important thing is that the rich pay more taxes, if we have to lose everything we have to insure that, that is an acceptable loss, to other people.

[Blue_In_AK]

10. You know, that 50K really isn't a bad idea.

It wouldn't even need to be that much. Alaska's economy booms every October when we get our Permanent Fund Dividend checks. It's usually only around $1200 or $1300, but every man, woman and child who's established a one-year residency gets the check. People can do with it what they will. Some people save it, some spend it on drugs, some drink it up, many people go on vacations or buy new gadgets for their house or perform needed repairs on their car. They buy new clothes or Christmas presents. It's really a wonderful thing.

It's too bad the United States hasn't set up some kind of Permanent Fund for the national citizens. Alaska's Fund is based on resource extraction, so we make money off of the oil companies' profits. Couldn't the United States make the same kind of money off of many other major international corporations and set up investments and dividends for the people who make these corporations possible and profitable? It shouldn't all be for the corporations.

I guess it sounds too much like socialism, but it works great in Alaska.

[niceypoo]

12. The irony is...

...the Bush tax cuts got us here in the first place. Two more years of Bush tax cuts means two additional years before we get out of this mess, and two extra years of unemployment.

[Horse with no Name]

15. I am not an economist

but my expectation is that it is exponential. Two more years will not just add two more years...it will add anywhere from 10-20 years.

[kentuck]

16. Yeah. Wait 'til the diarrhea hits...

and tell us how lucky we are.