the lies of David W, Corn

[hfojvt]

88. you, sir, are out of order

the whole trial is out of order!!!

1. Given the cult following of his supporters, the blame would not stick. After all, he betrayed his own supporters by extending the Bush tax cuts and his own supporters do not seem to care.

2. Actually no, the last thing I believe is that all tax breaks are the same. One of my main complaints with Obama is that he keeps promoting tax breaks - that benefit the wealthy. You know, like keeping 78% of the Bush tax cuts. You know, like the accursed payroll tax cut. Both of those hugely benefit the wealthy. Now, the making work pay credit, which he originally campaigned on - that did not. But Obama quickly abandoned it in favor of tax breaks which were bigger for his donor base - the haves and the have mores.

3. The majority IS me. Or rather, people like me. 80% of us are in the bottom 80%. Thus if taxes go up on JUST the top 20%, then Obama might lose some support. Particularly among the 90th percentile and higher. But THEY certainly are not the majority and a majority of them, didn't support Obama anyway. It's a radical concept, I know, but maybe policies should NOT favor the top 20% at the expense of the rest of us. Such a change certainly would be "change" I can believe in.

4. which is precisely why the making work pay credit was a much better stimulus than the accursed payroll tax cut. Too bad Obama abandoned the former and embraced the latter, eh? At least I think so.

5. Once again, no. You think that taxes are gonna go up on rich people, but if you look at it another way, that is not true. First, let all the Bush tax cuts expire. NOW, look at the Obama proposal, and re-instate 78% of the Bush tax cuts (i.e. for all income below $250,000). What happens under that proposal? The top 1% gets $40 billion in tax cuts. The top 4% gets another $40 billion. The top 20% gets a total of $163 billion - over 50% of the total tax cut goes to the top quintile. I see the 78% Bush tax cut NOT as a tax increase on the rich, but actually as a tax CUT, and one that strongly favors the rich. Just because it will be passed before the Bush tax cuts expire, does not make it any less so. It's a crappy proposal, one not worthy of the Democratic Party. At least not worthy of a Democratic Party that represents the bottom 80% over the top 20%. A Democratic Party which no longer exists - if it ever did.

As for tax breaks that would benefit you and me WITHOUT being a windfall to the rich, there are many such proposals (which, for some strange reason, are not part of the conversation. Somebody pushed them off the table and so many people think they, or proposals like them, do not exist). I suggested four of them here http://www.democraticunderground.com/10021880321