Why a tax hike on all those making in excess of 4,000? Why a tax hike on all those making in excess of $174,000? - Page 2 - Talk of The Villages Florida

Why a tax hike on all those making in excess of $174,000?

 
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  #16  
Old 12-30-2011, 11:41 AM
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Quote:
Originally Posted by bkcunningham1 View Post
Richie, I'm not endorsing Toomey's now-dead proposal, but he was trying to get a compromise with the Dems out of the supercommittee.

On November 21, the committee concluded its work, issuing a statement that began with the following: "After months of hard work and intense deliberations, we have come to the conclusion today that it will not be possible to make any bipartisan agreement available to the public before the committee’s deadline."

Toomey was offering a plan to trim deductions and close some tax loopholes in exchange for a permanent extension to the Bush-era tax cuts for people in the tip tax brackets and lowering tax rates for the top brackets. His proposal would have lowered the tax from 35 percent to 28 percent.

On the otherhand, the Dems proposals in the supercommittee included cutting $400 billion in Medicare and Medicaid. In the end it was all a big waste of time.
....Like a really bad GAMBLING ADDICTION abusing our credit card.
  #17  
Old 12-30-2011, 02:56 PM
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Congress is not clueless they simply don't care about ypu or me. they care about satisifying there needs and those needs include doing whatever it takes to get re-elected. It was why the spending will never never go down but will continue to go up and up and up while they claim it is really going down down down
 


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