extending tax cuts for the rich to help the economy?

[lve2smk]

Since we have a "right winger" in the boards that dosn't care much about real facts except what he hears from FOX news, I decided to copy his style but with a smarter approach.

So fellow posters do you agree with the GOP on extending tax cuts for the rich to help the economy, it sounds like a stupid question, but this is what the right wing proposes and believes can get them into office.
What a bunch of hypocrites, one might say.
Economic recovery: Boehner, Obama square off - latimes.com

lve2smk Reviewed by lve2smk on 09-08-2010. extending tax cuts for the rich to help the economy? Since we have a "right winger" in the boards that dosn't care much about real facts except what he hears from FOX news, I decided to copy his style but with a smarter approach. So fellow posters do you agree with the GOP on extending tax cuts for the rich to help the economy, it sounds like a stupid question, but this is what the right wing proposes and believes can get them into office. What a bunch of hypocrites, one might say. Economic recovery: Boehner, Obama square off - latimes.com Rating: 5

[boaz]

"those guys drove the car into the ditch and now they want the keys back?" :jointsmile:

[gypski]

Actually, they need to raise the rate to 50% on millionaires with minimal deductions. And those who are billionaires can pay 80% with minimal deductions. How much money does a person need when they have millions and billions? Time to lighten their pockets some!!

[LOC NAR on probation]

So I can go to jail and work on the road or I can thank the master for makin me here this fine job workin on the roads. I is so gratefull. At least it gets me out in the open air.

Tax cuts are only for people what got monies. I don't want to know what they plan to cut off me ?

I pleadge allegiants to the United States Of MADE IN CHINA.

[Islandborn]

CHUCKLE, yea, everyday more and more Democrats are now backing extending the Tax Cuts. Another 2 years.

Go for it Dems......let them expire......stuck between a rock and another rock now. Your screwed either way.

[bigsby]

Good bit about wingnut hypocrisy on this issue whereby the party of NO believes either that it is only a good idea to extend tax cuts for the rich or that it is a good idea to extend tax cuts when it is there idea... you decide. WARNING - THIS MIGHT BE TOO DIFFICULT FOR SOME TO FOLLOW.

Sen. Lamar Alexander: Really dishonest or really dumb?
by Joan McCarter
Thu Sep 09, 2010 at 07:48:02 AM PDT

Great catch from the Wonk Room's Pat Garofalo on Lamar Alexander and tax cuts for the rich.

Sen. Lamar Alexander (R-TN) has taken the tax absurdity to new heights, claiming that extending the Bush tax cuts is free, but President Obamaâ??s latest proposal to cut business taxes by permanently extending the research and development tax credit may cost too much money:
Alexander, the chairman of the Senate Republican Caucus, said GOP lawmakers will consider Obamaâ??s latest proposal to provide a research and development tax credit for businesses. But such a tax credit should come only after the White House agrees to extend the Bush tax cuts, including those on those earning more than $250,000 a year.

â??The first thing we need to do is to make sure that we donâ??t raise taxes (by allowing the Bush tax cuts to expire at the end of the year),â?� Alexander said. â??That is going to take most of September. Then we can turn our attention to seeing if we have money to reduce taxes.â?�

There are two problems with this. First, Alexander is clearly willing to hold the R&D credit hostage until he gets hundreds of billions in tax cuts for the rich (since Obama and the Democrats have already made it clear that they plan to extend the Bush tax cuts for the middle class). But second, why do we have to extend the Bush tax cuts for the wealthy before deciding whether or not we can afford the business tax credit?

Yes, as Garofalo says, Alexander is saying that the Bush tax cuts are free, but Obama's tax cuts cost money. He could honestly believe that, and hence be really dumb (and I don't think anyone has ever accused his bulb of being the brightest in the Senate) or he's phenomenally dishonest. Of course, there's no ruling out that he's both.

The Republicans, and too many ConservaDems and Blue Dogs, care more about the nation's very rich than pretty much anything else. The fight over extending the tax cuts to the rich over next few months will prove just that, which makes it a pretty smart fight for Dems to pick leading up to November 2.

[cannabis=freedom]

Yeah, forget typical families, let's fix it so Dickie Edginton the Third can afford a sixth estate. We can justify it alright though, with our famous 'trickle-down' theory about the richer people are at the top, the richer everyone will be.

They can sell that shit to someone who's buying it.

[budster1969]

Yeah, trickle down economics might not work the best but trickle up poverty seems to be working fine. Extending unemployment to 99 weeks just screams "Yeah we're fucked but we still want your votes".

Politicians in general are lying pieces of shit, look at it this way, only the sleaziest, lying, slimeballs make it to the top, none of em have our best interest at heart. The only way to get our point across is to vote out the incumbents and let the newbs know we are watching. For the people, by the people, or hit the road jack.

[boaz]

... For the people, by the people, or hit the road jack.

:thumbsup: hell yeah!

[Islandborn]

A great election year game of chicken.......the tax cuts for the people who make and create jobs will be extended. Obama is scared of the orange, future House speaker from Ohio.