tag:blogger.com,1999:blog-1660090614793277371.post1543193698413457008..comments2024-03-19T21:14:01.007-07:00Comments on The Compass Rose: The New Tax Cut DebacleCurtis Favillehttp://www.blogger.com/profile/06213075853354387634noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1660090614793277371.post-87558471097494740502010-12-16T12:22:12.960-08:002010-12-16T12:22:12.960-08:00Dear Anon:
Sorry, buster, but the Bush tax cuts w...Dear Anon:<br /><br />Sorry, buster, but the Bush tax cuts were a temporary measure, not permanent. In order for them to be "extended" beyond the current year, the Congress must pass an extension. Otherwise, the rates go back to where they were before the tax holiday. <br /><br />Get it? Or is that too tough for ya?Curtis Favillehttps://www.blogger.com/profile/06213075853354387634noreply@blogger.comtag:blogger.com,1999:blog-1660090614793277371.post-39585203554920077942010-12-16T04:49:33.299-08:002010-12-16T04:49:33.299-08:00It's perfectly obvious that gifting a trillion...<i>It's perfectly obvious that gifting a trillion dollars in tax breaks, across the board, diluted throughout the population, isn't going to have any significant "stimulative" effect on private spending, private investment, or domestic employment. We continue to lose jobs to overseas business, but the reasons that's happening aren't being addressed. Giving everyone a tax break isn't going to produce more jobs.</i><br /><br />Yes. Obama's capitulation to the repubs on Bush tax rates does seem like a significant betrayal of sorts. Yet, perhaps not that shocking, after the bailout, and his DoD budget, other centrist moves. <br /><br />We should remember that members of the political class typically are wealthy investors themselves. It may not be any more profound than that: keep capital gains rates down for two more years (tho' who's to say they won't extend again) and continue to rake it in on stocks/commodities--and get Barry to agree to it. <br /><br />--and merely coincidence that Gold prices now have reached obscene levels?? Ich denke nicht. Actually Id say ...go bear on gold. It'll be going down soon. Though perhaps burying a few ounces in a coffee can might be prudent.Jhttps://www.blogger.com/profile/11567400697675996283noreply@blogger.comtag:blogger.com,1999:blog-1660090614793277371.post-1577521321486516842010-12-16T04:14:20.454-08:002010-12-16T04:14:20.454-08:00IT IS NOT A NEW TAX_CUT...
it is an extension o...IT IS NOT A NEW TAX_CUT...<br /><br />it is an extension of what the Bush ....administration ...<br /><br />had previously put into LAW...<br /><br />the only thing that politicians change ?<br /><br />their soiled underwear/lawyers<br /><br /><br />the Dems in "control"? who the hell is driving this bus.<br /><br />Bush-wached again!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1660090614793277371.post-91832911247339364402010-12-15T18:28:46.180-08:002010-12-15T18:28:46.180-08:00a friend asked me:
"What do you think of Obam...a friend asked me:<br />"What do you think of Obama?"<br /><br />i replied ..<br /><br />"well, he sat in the back of the Senate for 12 days .. <br />and was in corrupt Chicago... HE'S an EMPTY SUIT!<br /><br />I'm not voting .. we got liars and morons and greedy ass=holes running things<br /> thievery is now our NATIONAL CULTURE<br /><br />I'M TEACHING MY CHILDREN HOW to steal<br />food from Safeway.....Anonymousnoreply@blogger.com