huffingtonpost.com— House Republican leaders called a press conference Thursday to unveil their "alternative budget." It has one major policy proposal: a huge tax cut for the wealthy.
Mar 26, 2009View in Crawl 4
It's a 10% cut for people making over 100k and a 15% cut for anybody making less than that. Stop acting like the entire plan is to give millionaires money. The plan is to stimulate consumer saving, spending, and investing by letting EVERYONE keep more of their paycheck. In the end we all know this won't pass. Too much borrowing has already taken place to allow huge tax cuts like this and we know a Dem controlled congress won't cut spending to cushion the loss in tax revenue.
Warren Buffett (who is #2 behind Gates) already rails against it.The GOP are just using their tried and true message control (aka PROPAGANDA) strategy that worked until 2006. No one but the most indoctrinated is believing their bulls**t because they became pathological liars.
Except now that the economy is crashing, Obama is forced to spend and invest to prevent a complete collaspse.Bush on the other hands cuts tax for the wealthy and spends money on two useless wars.
reeftankaddictMar 27, 2009
....and rich people open those factories out of the goodness of their hearts
spinningheadMar 27, 2009
You do know Clinton came after Bush I? Bush I called trickle down Voodoo Economics.the boom was also in the late 90s <a class="user" href="http://en.wikipedia.org/wiki/Long_boom" rel="nofollow">http://en.wikipedia.org/wiki/Long_boom</a>
Closed AccountMar 27, 2009
It's a 10% cut for people making over 100k and a 15% cut for anybody making less than that. Stop acting like the entire plan is to give millionaires money. The plan is to stimulate consumer saving, spending, and investing by letting EVERYONE keep more of their paycheck. In the end we all know this won't pass. Too much borrowing has already taken place to allow huge tax cuts like this and we know a Dem controlled congress won't cut spending to cushion the loss in tax revenue.
magus_melchiorMar 27, 2009
Warren Buffett (who is #2 behind Gates) already rails against it.The GOP are just using their tried and true message control (aka PROPAGANDA) strategy that worked until 2006. No one but the most indoctrinated is believing their bulls**t because they became pathological liars.
jerryparidMar 28, 2009
Except now that the economy is crashing, Obama is forced to spend and invest to prevent a complete collaspse.Bush on the other hands cuts tax for the wealthy and spends money on two useless wars.
glynthMar 29, 2009
News flash: Robin Hood was a thief.
Closed AccountDec 4, 2009
is possible you vote for my news? I need new friends and become the cover lol! Regards Japublicidade