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Obama said he would let them expire and continued saying that until November 2010 when he started caving in.
Eventually he signed the extension and now we have the Obama cuts.
I wanted them to expire, but they were definitely flawed. IMO we need higher taxes on some groups, but there is no significance whatsoever to $250k/year AGI.
LIE. He has TWICE attempted to remove the Bush Tax cuts for the rich. Once the Republican held unemployment benefits hostage to keep them and the second time they held the Nation hostage. Extortion at it's finest.
Casper
Casper, you can put the letter L I and E all bunched together all you want, but the fact is, when Bammer got to washington, he had a super majority in both the House and Senate. He had that super majority for 2 full years.
Further, during that period of time while he had a super majority, the
"Bush Tax Cuts" were set to expire.
Bammer signed a law extending the "Bush Tax Cuts" that was passed by a congress where democrats held super majorities in both houses.
All Bammer had to do to let the "Bush Tax Cuts" go away was veto that bill. He signed it. A bill PASSED by a congress totally controlled by democrats.
Obama said he would let them expire and continued saying that until November 2010 when he started caving in.
Eventually he signed the extension and now we have the Obama cuts.
Well, no, we have Obama's tax rates. There were no cuts. No one has a lesser federal income tax liability as a result of Obama's tax rates. We have been taxedadditionally though via Obamacare, higher fuel costs, etc.... .
Well, no, we have Obama's tax rates. There were no cuts. No one has a lesser federal income tax liability as a result of Obama's tax rates. We have been taxedadditionally though via Obamacare, higher fuel costs, etc.... .
So when gas spiked under Bush, did y'all call that a "tax" too?
My taxes have gone down under Obama, very slightly.
There are no "Bush tax cuts". After 10 years they became the standard tax rates. Obama renewed them which made them his tax rates, not Bush's. Terminology matters, try to get it right: Obama ownes the tax rates now; in fact, he talked them up as a great idea before signing them back into law.
No, he said continuing rates for the bottom 99% was a good idea...
I don't believe Obama wants to eliminate the Bush tax cuts.
If he did, he would have done it during the 2 years the democrats controlled the white house, senate and house.
He didn't.
If he wanted to eliminate them, the republicans would not have been able to stop him.
I say he likes them as they are for political reasons.
He only wants it for a talking point to win elections.
Without that talking point, he would not be able to spew the hatefilled class warfare rhetoric he does.
Obama is establishment, like Bush and probably every president we are ever doomed to elect. The two "sides" only appear to bicker, to cover up their backroom deals they agree upon secretly.
I agree Obama likes the Bush tax cuts, or at least doesn't really hate them all that much.
I hated the Bush wars and the Bush tax cuts. I voted for Obama as a vote against the wars and the tax cuts. Two and a half years later, we've got the Bush wars and the Bush tax cuts. If Obama loses in 2012, I hope he realizes it was because a black face wasn't the change we were hoping for -- it was a change in Bush's policies.
Some believed that a tax increase would put us back in recession in 2013, I thought Obama could have rolled back the Bush cuts. He could not cut taxes in 2010 in that economy.
Besides, the republicans were not going to approve any tax increase in 2013. They just added a tax cut in the hottest economy we had in decades, they don't worry much about deficits.
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