DUMZ gonna increase taxes $1 trillion! YOU VOTED FOR EM, SO STFU and PAY UP

[Busybody]

https://encrypted-tbn1.***********/images?q=tbn:ANd9GcTTfyY4tfriFA4YRTonVcMhd7uN79HekK19P9ViFEnapI85fI05

 

[bra_man69]

 

[mercury14]

Because Romney would have extended Obama's payroll tax cut?

 

[Busybody]

Because Romney would have extended Obama's payroll tax cut?

we are talking $1 trillion

not that petty shit

shot re NIGGERIZING yourself

 

[Busybody]

aren't you the LEAST BIT ashamed of yourself for writing that shit?

Really???????????????????

 

[mercury14]

Oh, the Obamacare stuff.

No I'm not worried

 

[Busybody]

cant even take the time to look it up?

 

[Busybody]

Dems look for up to $1T in new revenues

Democrats say they want to raise as much as $1 trillion in new revenues through tax reform later this year to balance Republican demands to slash mandatory spending.

Democratic leaders have had little time to craft a new position for their party since passing a tax deal Tuesday that will raise $620 billion in revenue over the next 10 years.


The emerging consensus, however, is that the next installment of deficit reduction should reach $2 trillion and about half of it should come from higher taxes.

This sets up tax reform as one of the biggest fights of the 113th Congress, which began on Thursday.

Republicans say tax reform should be revenue-neutral. Additional revenues collected by eliminating or curbing tax breaks and deductions should be used to lower rates.

 

[Busybody]

No I'm not worried

of course you arent

 

[bra_man69]

I'll make you lol bb

Paul Krugman

January 7, 2013, 9:05 am
Be Ready To Mint That Coin
Should President Obama be willing to print a $1 trillion platinum coin if Republicans try to force America into default? Yes, absolutely. He will, after all, be faced with a choice between two alternatives: one that’s silly but benign, the other that’s equally silly but both vile and disastrous. The decision should be obvious.

For those new to this, here’s the story. First of all, we have the weird and destructive institution of the debt ceiling; this lets Congress approve tax and spending bills that imply a large budget deficit — tax and spending bills the president is legally required to implement — and then lets Congress refuse to grant the president authority to borrow, preventing him from carrying out his legal duties and provoking a possibly catastrophic default.

And Republicans are openly threatening to use that potential for catastrophe to blackmail the president into implementing policies they can’t pass through normal constitutional processes.

Enter the platinum coin. There’s a legal loophole allowing the Treasury to mint platinum coins in any denomination the secretary chooses. Yes, it was intended to allow commemorative collector’s items — but that’s not what the letter of the law says. And by minting a $1 trillion coin, then depositing it at the Fed, the Treasury could acquire enough cash to sidestep the debt ceiling — while doing no economic harm at all.

So why not?

It’s easy to make sententious remarks to the effect that we shouldn’t look for gimmicks, we should sit down like serious people and deal with our problems realistically. That may sound reasonable — if you’ve been living in a cave for the past four years.Given the realities of our political situation, and in particular the mixture of ruthlessness and craziness that now characterizes House Republicans, it’s just ridiculous — far more ridiculous than the notion of the coin.

So if the 14th amendment solution — simply declaring that the debt ceiling is unconstitutional — isn’t workable, go with the coin.

This still leaves the question of whose face goes on the coin — but that’s easy: John Boehner. Because without him and his colleagues, this wouldn’t be necessary.

 

[Busybody]

PK was the same STOOGE who shit on Bush for 300B in deficits and said 1T under Obama was no big deal

 

[Busybody]

the only difference between CURRY and KRUGMAN is

one writes for something

I READ

 

[mercury14]

Tell me why America needs to have socialized childcare benefits for millionaires.

 

[Busybody]

get a life

 

[JohnnySavage]

Dems look for up to $1T in new revenues

Democrats say they want to raise as much as $1 trillion in new revenues through tax reform later this year to balance Republican demands to slash mandatory spending.

Democratic leaders have had little time to craft a new position for their party since passing a tax deal Tuesday that will raise $620 billion in revenue over the next 10 years.


The emerging consensus, however, is that the next installment of deficit reduction should reach $2 trillion and about half of it should come from higher taxes.

This sets up tax reform as one of the biggest fights of the 113th Congress, which began on Thursday.

Republicans say tax reform should be revenue-neutral. Additional revenues collected by eliminating or curbing tax breaks and deductions should be used to lower rates.

100 billion per year, on top of 2,500 billion currently collected. Is the 100 billion exclusive of normal economic growth?

 

[bra_man69]

the only difference between CURRY and KRUGMAN is

one writes for something

I READ

He could add writer to the long list of things he done are is

 

[Busybody]

100 billion per year, on top of 2,500 billion currently collected. Is the 100 billion exclusive of normal economic growth?

who the fuck knows

 

[JohnnySavage]

who the fuck knows

I don't


5% growth gives you 125 billion. Compounded that's about 1.4 trillion over 10 years.

I like growth. Personal and economic.

 

[mercury14]

Tell me why America needs to have socialized childcare benefits for millionaires.

Anyone?

 

[Busybody]

I don't


5% growth gives you 125 billion. Compounded that's about 1.4 trillion over 10 years.

I like growth. Personal and economic.

5% growth aint gonna happen

 

[bra_man69]

I don't


5% growth gives you 125 billion. Compounded that's about 1.4 trillion over 10 years.

I like growth. Personal and economic.

And where do you get the 5% growth?
We are at 1.2%
Take government spending away wouldn't even be that.

 

[JohnnySavage]

5% growth aint gonna happen

My crystal balls say otherwise.

 

[Busybody]

Anyone?

yes

we get it

DIVERT ATTENTION

we get it

 

[Busybody]

My crystal balls say otherwise.

of course it will happen

when an R gets in

 

[JohnnySavage]

of course it will happen

when an R gets in

Energy, health care and heavy industry.

No charge for the forecast.