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This guy has one trick in his play book.....
talk about beating a dead horse The payment method the White House announced Monday would consist of: --$405 billion from limiting the itemized deductions for charitable contributions and other deductions that can be taken by individuals making over $200,000 a year and families making over $250,000; which will hurt charities --$41 billion from closing loopholes for oil and gas companies; which will be passed on to the consumer --$18 billion from requiring fund managers to pay higher taxes on certain income; which will be passed on to the consumer --$3 billion from changing the tax treatment of corporate jets. drop in the bucket |
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Rule of thumb , the CBO will consistently under estimate program costs. |
friggin mess, no one action or person can fix it.
Move to Greece! |
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I say dont raise taxes, dont overburden businesses with more admin BS and lets ride this out. |
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company excluded. |
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Personally I don't think the right thing to do is sit idly by. That doesn't get people to start hiring. Nor does it get people to start spending. Or saving.
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People that can hire are on on the sidelines not sure what will happen with the uncertainty of the near future.
People that have to hire are often doing so in as minimal fashion as possible. |
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I have personal experience on both sides of the equation in the last 3 mos, and I don't see it getting any better for at least another 2 years with the 2012 election and our current state of affairs, it ain't happening. |
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Invest in plugs it's safer than savings bonds :)
Posted from my iPhone/Mobile device |
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