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Title: Will tea partiers protest the $858 billion tax deal?
Source: AJC
URL Source: http://blogs.ajc.com/cynthia-tucker ... /?cxntfid=blogs_cynthia_tucker
Published: Dec 10, 2010
Author: Cynthia Tucker
Post Date: 2010-12-10 16:52:41 by go65
Keywords: None
Views: 65391
Comments: 104

During the election season, tea party activists declared deficit-reduction one of their primary goals. The nation is swimming in red ink, they noted, posing a huge burden for generations to come. So I’m waiting for those tea party activists to mount a huge protest over the tax deal between President Obama and Republicans. It is expected to cost $858 billion over ten years.

Where’s that tea party protest? Are they headed to Washington to denounce the deal, as they did repeatedly with the health care plan — which will lower the deficit over ten years?

Yes, there are other things in the deal besides tax cuts for the wealthiest Americans. But extending the tax cuts for all Americans for two years cost $675.2 billion. Extending them for the richest Americans — along with generous cuts to the estate tax — will cost about $50 billion over two years. Are the tea partiers at all concerned about that?

Then were the ethanol subsidies, which most reasonable people agree are a spectacular waste of government resources — a giveaway to corn farmers. But farm state legislators wanted ethanol subsides included in the package, and they are there.

Any day now, I’m sure, tea partiers will gather on the Mall to protest this big addition to the national deficit. Any of you have your bags packed for the party?

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Begin Trace Mode for Comment # 11.

#2. To: All (#0)

Will tea partiers protest the $858 billion tax deal?

Nah, they are too busy celebrating:

Boehner and company OWNED Owe-bama last night.

Badeye posted on 2010-12-07 11:56:56 ET Reply Trace Private Reply

and

Must be killing you this morning to learn Owe-bama agrees with me, not you.

Have a nice day....(laughing)

Badeye posted on 2010-12-07 10:09:29 ET Reply Trace Private Reply

the first deal the GOP leadership strikes with Obama is to add nearly $900 billion to the deficit over two years.

go65  posted on  2010-12-10   16:57:02 ET  Reply   Untrace   Trace   Private Reply  


#4. To: go65 (#2)

the first deal the GOP leadership strikes with Obama is to add nearly $900 billion to the deficit over two years.

The only thing that adds to the deficit is spending. The extension to the unemployment insurance Obama insisted on does not amount to additional $900 billion than they politicians were already planning on spending.

jwpegler  posted on  2010-12-10   16:59:24 ET  Reply   Untrace   Trace   Private Reply  


#5. To: jwpegler (#4)

The only thing that adds to the deficit is spending.

Lowering taxes adds to the deficit.

go65  posted on  2010-12-10   17:10:57 ET  Reply   Untrace   Trace   Private Reply  


#6. To: go65 (#5)

Lowering taxes adds to the deficit.

You can't have a deficit if you don't spend money.

jwpegler  posted on  2010-12-10   17:13:46 ET  Reply   Untrace   Trace   Private Reply  


#7. To: jwpegler (#6)

You can't have a deficit if you don't spend money.

Fair enough, but if you lower taxes without cutting spending, you increase the deficit, as this bill will do by $858 billion over 2 years.

go65  posted on  2010-12-10   17:18:43 ET  Reply   Untrace   Trace   Private Reply  


#10. To: go65 (#7)

but if you lower taxes...

Income taxes won't be lowered go, they just won't be raised.

without cutting spending, you increase the deficit, as this bill will do by $858 billion over 2 years.

Then cut spending. Spending causes deficits. Period.

Wood_Chopper  posted on  2010-12-10   22:11:26 ET  Reply   Untrace   Trace   Private Reply  


#11. To: Wood_Chopper (#10)

Income taxes won't be lowered go, they just won't be raised.

Part of the deal includes a cut of 2% in the SS payroll tax along with various other tax credits.

go65  posted on  2010-12-10   22:14:04 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 11.

#13. To: go65 (#11)

Part of the deal includes a cut of 2% in the SS payroll tax along with various other tax credits.

Fuck all the bullshit, OK go? Be honest, OK?

When you can't meet your bills at the end of the month, is it because you spent too much, or because that evil rich cocksucker that provided a job for you isn't paying you enough?

Wood_Chopper  posted on  2010-12-10 22:21:33 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 11.

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