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In reply to the discussion: OBAMA ADVISER SAYS PRESIDENT WILL NOT EXTEND BUSH TAX CUTS, EVEN TEMPORARILY: ’100% COMMITTED’ [View all]mick063
(2,424 posts)68. A progressive flat tax
Is the way.
I agree with the conservative approach of eliminating loopholes. No more "incentives" to "lure" business. Especially at the state level. It becomes an "arms race" to give the biggest "incentive". In the end, all states lose.
On the national level, forget the carrot and go with the stick. Severly penalize companys that open manufacturing abroad and then ship the goods back home.
We can sock it to em' and eliminate loopholes. It is an idea that can be a good starting point for reaching the other side. Agree with eliminating loopholes to simplify the tax code. It can still be very progressive at the same time.
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OBAMA ADVISER SAYS PRESIDENT WILL NOT EXTEND BUSH TAX CUTS, EVEN TEMPORARILY: ’100% COMMITTED’ [View all]
kpete
Jul 2012
OP
If the bar is @ $250,000 that little bit for a lot of folk goes back into the economy.
Tigress DEM
Jul 2012
#96
My "most" was from the link I provided 98% in the US make less than $250,000
Tigress DEM
Jul 2012
#130
Small businesses tend to actually provide living wage jobs. So helping them helps their employees.
Tigress DEM
Jul 2012
#129
It took more "backbone" back then to extend the cuts than it will take to not extend them now.
DCBob
Jul 2012
#25
True, but don't wait to tell Obama, "Keep your word if you want our trust".
Tigress DEM
Jul 2012
#105
Indeed. The usual game is to do this, then wait for the R's to hold something hostage, then the cave
Huey P. Long
Jul 2012
#115
This would have more credibility (1) if Obama had not already extended the tax cuts after saying
AnotherMcIntosh
Jul 2012
#7
You're not the President. Obama is. He's going to do what he wants to do.
AnotherMcIntosh
Jul 2012
#80
Without Congress, he can only do so much - BUT he CAN VETO anything that doesn't meet the criteria.
Tigress DEM
Jul 2012
#103
Problem is Americans DO NOTICE "inaction" but blame BOTH parties, not just the obstructionists.
Tigress DEM
Jul 2012
#132
It is not Obama, it is Congress who has to vote on the bill.......Obama can only sign it into law...
BEAU1943
Jul 2012
#123
I agree. I'm willing to give up my tax cut if it means the upper income folks give up theirs.
Laurian
Jul 2012
#13
The only solution is to let all the tax cuts expire: rich, middle class, whatever
alcibiades_mystery
Jul 2012
#14
Here are a couple more of those "puppies" that will be dragged out - by both parties - with the
sad sally
Jul 2012
#54
I have no dought he will extend them all. The way the economy is going he will have to n/t
doc03
Jul 2012
#53
Excellent rundown you transcribe. The same worn down crap they pull. -eom
Huey P. Long
Jul 2012
#116
No way. Here's my theory. He pretends he has this stand firm, then the debt ceiling WILL need to be
Huey P. Long
Jul 2012
#117