General Discussion

hfojvt

(37,573 posts)

21. an increase in taxes from what starting point?

Wed Jan 2, 2013, 02:34 PM

Jan 2013

The Bush tax cuts gave the top 1% an average $47,000 tax cut.

Their expiration on December 31st gave them an average $47,000 tax increase.

Obama's deal on January 1st, erased a good portion of that, instead giving them PERMANENT tax cuts, averaging $18,000. The deal CUT taxes for the rich, it did not rasie them. They were already raised, and Obama and Democrats voted to cut them.

As for the nonsense that "tax increases will kill the economy". I never bought that crap when Gingrich said it and I don't buy the same crap from a different mouth even if that mouth is supposedly in my own party. I know when somebody is speaking for the rich and when they are not.

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Why I really hate this deal [View all] hfojvt Jan 2013 OP

No I don't agree at all Harmony Blue Jan 2013 #1

mo, actially taxes were once again CUT for the top 2% hfojvt Jan 2013 #9

Why are you putting this in our beautiful minds? leftstreet Jan 2013 #2

I realize you don't mean it that way Harmony Blue Jan 2013 #3

The new Jobs Program will lead to better economic conditions leftstreet Jan 2013 #5

I am probably the most progressive person you will ever meet Harmony Blue Jan 2013 #7

Somehow I doubt that leftstreet Jan 2013 #25

GOP filibustered 3 Jobs Bills. JaneyVee Jan 2013 #38

Exactly! LP2K12 Jan 2013 #18

That is why the payroll tax holiday is expiring Harmony Blue Jan 2013 #28

Understandable... LP2K12 Jan 2013 #48

the only thing that lapses in 5 years time hfojvt Jan 2013 #10

What tax cuts for the "rich" are permanent? Harmony Blue Jan 2013 #13

check out the table on the right side of the last page hfojvt Jan 2013 #26

Sorry I don't agree at all Harmony Blue Jan 2013 #27

We the Serfs, debating the difference btwn wealthy and rich leftstreet Jan 2013 #32

No difference to me... Chan790 Jan 2013 #39

I think it was Chris Rock who said MindPilot Jan 2013 #59

last Novemeber I ran for office hfojvt Jan 2013 #35

"I don't considere members of the top 20% to be part of the middle class either." ProSense Jan 2013 #4

Obama put the original goalposts in a bad place hfojvt Jan 2013 #12

This message was self-deleted by its author OKNancy Jan 2013 #6

it's an awful deal, totally unnecessary except to set up the next manufactured crisis.... mike_c Jan 2013 #8

I totally disagree CentristLiberal Jan 2013 #11

welcome to DU OKNancy Jan 2013 #14

What is positive about making 85% of the Bush tax cuts permanent? hfojvt Jan 2013 #16

Getting rid of the Bush tax cuts would kill the economic recovery CentristLiberal Jan 2013 #29

I agree 100% Harmony Blue Jan 2013 #31

Thank You, and Welcome! It's ridiculous, but like John Boehner, the left can't take "yes"..... Tarheel_Dem Jan 2013 #36

ooh, professional economists hfojvt Jan 2013 #42

I bet there's good reason you're not qualified to "be on NPR". Tarheel_Dem Jan 2013 #44

ooh, snap, but you trust the experts hfojvt Jan 2013 #45

Hey! Write a long letter to Bernie Sanders and Dennis Kucinich about it! Oh wait........... Tarheel_Dem Jan 2013 #46

nice Republican talking point hfojvt Jan 2013 #41

I wanted the cutoff to be much lower CentristLiberal Jan 2013 #50

Permanent just means no sunset... Chan790 Jan 2013 #40

oh, is that all hfojvt Jan 2013 #43

I have never seen it this bad on DU Harmony Blue Jan 2013 #20

but it is a FACT hfojvt Jan 2013 #24

actually what he did was CUT taxes for the rich hfojvt Jan 2013 #15

hfojvt Harmony Blue Jan 2013 #17

an increase in taxes from what starting point? hfojvt Jan 2013 #21

I understand your anger CentristLiberal Jan 2013 #52

it was very possible to hfojvt Jan 2013 #60

Your username seems Oxymoronic to me... Melinda Jan 2013 #23

It's the first name combo that wasn't taken. CentristLiberal Jan 2013 #30

I actually googled "centrist liberal" after I posted to you... Melinda Jan 2013 #47

Wow CentristLiberal Jan 2013 #51

lmao... see what you have done? Melinda Jan 2013 #53

Wipe that smirk off your face. Eddie Haskell Jan 2013 #49

yeah it's not so great limpyhobbler Jan 2013 #19

100% agree, I hate this deal! Eddie Haskell Jan 2013 #22

hfojvt's analysis is correct PufPuf23 Jan 2013 #33

That's how we got screwed LWolf Jan 2013 #34

It's awful ain't it? Why, oh why didn't we elect Jill, or Roseanne, or Rocky? WHY? Tarheel_Dem Jan 2013 #37

Thank you No Compromise Jan 2013 #54

yeah, and LarryO was the "liberal" praising the Bush tax cuts hfojvt Jan 2013 #57

We're Doomed, Doomed I tell you!!!! JoePhilly Jan 2013 #55

Here's is ProSense Jan 2013 #56

you link to some of the White House's lies hfojvt Jan 2013 #58

kick No Compromise Jan 2013 #61