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will the Bush tax cuts of 2002 be allowed to sunset?

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Just Win:
i am sure many of you that pay your taxes and pay them on-time (see geithner, treasury secretary for not and half of the barry cabinet for that matter) are aware that the Bush tax cuts of 2002 sunset after 10 years. with the MASSIVE pork bill being passed will these tax cuts be allowed to sunset? look for barney frank and chris dodd to cook up some excuse that these tax cuts will be allowed to sunset in order to service the MASSIVE obama debt from this pork bill presently before congress. dust off that old 2001 tax code law book and regs. we are going back to the future

for whom does the national government tax bill toll for? the bill tolls for thee.


NCVol:
There never was an actual tax cut under Bush.  It was a tax shift, funded by borrowing $5 Trillion, from this generation to the next. 

Obama is doing the same thing, but at least the rhetoric from folks like you has changed and deficits and debt appear to matter again.  Maybe after the crisis passes, we'll get back to responsible budgeting again. 

Just Win:
Quote from: NCVol on February 12, 2009, 07:35:32 PM

There never was an actual tax cut under Bush.  It was a tax shift, funded by borrowing $5 Trillion, from this generation to the next. 

Obama is doing the same thing, but at least the rhetoric from folks like you has changed and deficits and debt appear to matter again.  Maybe after the crisis passes, we'll get back to responsible budgeting again. 

How about it NVC. You told us you are a tax expert. Now that we are on our third Ways and Means Committee Chair in about four days, what is the status on those Bush tax cuts scheduled to sunset after next year?




native:
NC, it's funny to me how 2 yrs ago the obstructionist's claimed not only did deficit's and debt not hurt the country but were actually good for America. Now they keep bitching and moaning aboutdebt and deficit's even though the economy is on the rebound. I talked with someone from the DOL the other day, she said 6years ago they seen the economy starting to go into a recession and now they are starting to see it turn around. Truth is our plant announced it's closing and the loss of all jobs, within 2 day's we found out that another company is set to hire everyone at a much higher wage and better benefits.

Just Win:
Quote from: native on March 07, 2010, 10:05:04 AM

NC, it's funny to me how 2 yrs ago the obstructionist's claimed not only did deficit's and debt not hurt the country but were actually good for America. Now they keep bitching and moaning aboutdebt and deficit's even though the economy is on the rebound. I talked with someone from the DOL the other day, she said 6years ago they seen the economy starting to go into a recession and now they are starting to see it turn around. Truth is our plant announced it's closing and the loss of all jobs, within 2 day's we found out that another company is set to hire everyone at a much higher wage and better benefits.

Let NVC speak for herself. She is a big girl. BTW, you have deficts and then you have Obama/Pelosi/Reid Deficits. Those are two different things.

The planned Obama destruction of the American capitalist markets.

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