Largest Tax Cut in US History; who?

[LynnTheDem]

http://online.wsj.com/article/SB123111279694652423.html

The compromise stimulus plan includes $282 billion in tax cuts over two years. That's the largest tax cut in US history.

And it's not under a republican.

Funny how the US "liberal media" hasn't mentioned the fact much...

[w4rma]

1. Big media only likes tax cuts for the very wealthy. (nt)

[NYC_SKP]

2. Most worthy of recommendation.

The tax cut and this thread.

:toast:

[TheBigotBasher]

3. K & R

it is a shame that Republican voting Democratic Senators watered it down.

[LynnTheDem]

4. Down to $282 billion; still the largest tax cut in US history. That the REPUBLICANS

unanimously voted AGAINST.

They're gonna be generations trying to live that one down. :rofl:

[Beartracks]

5. Just to be sure...

... this $282 bil was part of the stim package that passed last month DESPITE Republican opposition?

[asphalt.jungle]

6. yes n/t

[LynnTheDem]

7. Yes.

Economic Stimulus - The New York Times 12 Apr 2009 The final bill includes $507 billion in spending programs and $282 billion in tax relief...
http://topics.nytimes.com/topics/reference/timestopics/subjects/u/united_states_economy/economic_stimulus/

[chknltl]

8. 2nd Amendment suspended temporarily under which POTUS???

When: directly after Hurricane Katrina, where: in and around New Orleans, POTUS, g.w. dimson bush(R).
and as if things couldn't get more twisted, let me add a citation from the freek republikkk: http://www.freerepublic.com/focus/f-news/1546304/posts

Sometimes the irony is just...well words escape me. Pardon me now while I go find a dull fork to stab into my head repeatedly.

[eridani]

9. And it was a crappy idea

Tax cuts provide no stimulus whatsoever. People aren't going to change their spending habits because of an extra $10 a week in their paychecks. It will go toward paying down debt, which has no stimulus effect at all. What changes peoples' habits is going from an $8/hr job to a $16/hr job, or from $15/hr to $30/hr. We don't have a credit crisis--we have a crappy wage crisis.

(BTW, I wrote in support of the package because there are parts of it that were helpful, and it was better than nothing.)

[4dsc]

10. Agreed....

If this is just a move to appease the right then its a bad move..

[LynneSin]

11. Not only is the president NOT a republican but neither party in Congress is repuke

go figure