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NashvilleLefty

(811 posts)

16. Spin. Yes, these are the Obama tax cuts. But one thing

Sat Jan 5, 2013, 05:41 PM

Jan 2013

all of us need to remember is that if the Bush tax cuts would have been allowed to expire completely it would have hurt the bottom 60% a LOT more than it would hurt the Rich. In fact,it probably wouldn't hurt the rich at all, whereas it would have been devastating to the rest of us.

We are in the middle of a very shaky recovery, and letting the UI extensions expire along with all of the Bush tax cuts would have extremely cut spending, which would have sent the economy into a nosedive.

Yes, it would have been nice if we could have extended UI payments, cut taxes only for those below 200/250k income, tightened the Estate tax, etc., etc. as Dems wanted to do. But Dems are not working in a vacuum. We got the Repugs to MOVE when they vowed to stand firm.

We got a lot from this deal. We didn't get everything we wanted, for sure. But we got a lot more than I would have expected.

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fiscal cliff deal gives $1.3 trillion in tax cuts to richest 5% [View all] hfojvt Jan 2013 OP

And yet we're told we must work to elect more 'progressives' leftstreet Jan 2013 #1

maybe with a few more in office hfojvt Jan 2013 #8

How can Americans know whats going on if these deals are very sneaky AZ Progressive Jan 2013 #2

I think it could have been known before hfojvt Jan 2013 #3

Is this some strange parody of tax policy? sweetloukillbot Jan 2013 #4

"When has the top 20% ever been in discussion?" hfojvt Jan 2013 #7

It is revolting to say the least..nt and-justice-for-all Jan 2013 #5

the other revolting part hfojvt Jan 2013 #14

kick samsingh Jan 2013 #6

K&R But nobody could've predicted... Egalitarian Thug Jan 2013 #9

well I was predicting it hfojvt Jan 2013 #10

Yeah, I know. There were a few of us shouting into the wind. Egalitarian Thug Jan 2013 #11

okay I was wrong to subtract the $600 billion hfojvt Jan 2013 #12

We need more than progressives - we need a new system TBF Jan 2013 #13

same thing on the Democratic side hfojvt Jan 2013 #18

Absolutely - TBF Jan 2013 #20

it's called shilling the rubes datasuspect Jan 2013 #15

Spin. Yes, these are the Obama tax cuts. But one thing NashvilleLefty Jan 2013 #16

no, the facts are the facts hfojvt Jan 2013 #17

You nailed it! DogPawsBiscuitsNGrav Jan 2013 #19

k&r for the truth, however depressing it may be. n/t Laelth Feb 2013 #21

Is THIS Post..What Yu Said? KoKo Mar 2013 #22