Tax Cuts

The article title says a lot about the new warped thinking getting more unabashed airtime. Job entitlement. Pay-for no job-entitlement if one is not provided. And now someone can sit still in place, turning down lesser paying jobs, not moving, becoming more dependent. Or better yet, learning to live together and pool benefit checks.

And the number of years tax rates are extended bears some relationship to the number of years one can receive "relief". I keep remembering that movie about the boxer with Russell Crowe embarrassed about relief.

http://www.huffingtonpost.com/2010/12/06/tax-cut-compromise-unemployment-benefits-_n_792568.html
Two Years Of Tax Cuts For One Year Of Unemployment Benefits?
 
Let's have some fun...

Which 40 Senators will spend a 'Weekend with Bernie' to filibuster this thang...
And, for any chance, he better get going...
In a month he has no chance of finding enough morons...

Here are the easy dummy picks:
Boxer, Barbara
Brown, Sherrod
Coons, Christopher (the Bearded Marxist)
Dodd, Christopher (Go Bernie Go, Gotta be quick to count on him)
Durbin, Dick
Feingold, Russ (Go Bernie Go, Gotta be quick to count on him)
Franken, Al
Harkin, Tom (Go Bernie Go, Gotta be quick to count on him)
Kerry, John (easy bet, he likes protest votes)
There are others - but these are true blue goobers.
You forgot Dianne Feinstein.
 
S&P 500 hits 2-year high after tax cut deal

The S&P 500 climbed to a fresh two-year intraday high on Tuesday as investors bet a deal to extend tax breaks will prompt increased spending and buoy the economy while preserving returns for shareholders...

Investors said tax cuts are necessary to keep the fragile recovery on track and could lead to more spending and investing. Increasing capital gains and dividends taxes would hurt shareholder returns.
http://www.reuters.com/article/idUSTRE6B51EZ20101207
 
With unemployment benefits projected to go from 99 weeks to 155 in the tax cut compromise, I predict we could see an unemployment rate of 10.5% to 11% by the end of 2011.

It's starting to look very attractive for anyone who can live on 80% of their current salary. Stay home, or go to work for 20% more pay? It's not tough to see which way this is heading.
 
When will America be asked to make their own austerity cuts?

Next year at this pace!:mad:
 
With unemployment benefits projected to go from 99 weeks to 155 in the tax cut compromise, I predict we could see an unemployment rate of 10.5% to 11% by the end of 2011.

It's starting to look very attractive for anyone who can live on 80% of their current salary. Stay home, or go to work for 20% more pay? It's not tough to see which way this is heading.
But in Utah, at least, there is a cap on how much your benefit check can be. It will pay 80% up to x dollars.
 
True. I'm sure it's tough, but you know we all have a relative or two sitting home collecting checks instead of seeking employment. :) I know I do. 155 weeks? When does it end?
 
True. I'm sure it's tough, but you know we all have a relative or two sitting home collecting checks instead of seeking employment. :) I know I do. 155 weeks? When does it end?

Tom,

I have a LOP (Low Output Person) in my family too:p

He is so LOPpy that his 'permanent' stint on 'unemployment' or welfare or freeloading status began before the recession:toung:
 
True. I'm sure it's tough, but you know we all have a relative or two sitting home collecting checks instead of seeking employment. :) I know I do. 155 weeks? When does it end?
It will end eventually, but I know what you mean..But playing devil's advocate...What do you do to help the ones that can't get a job no matter what they try?..There are more people unemployed than there is jobs...What do you do for those that missed the boat?..I'm not talking about lazy ass deadbeats either..I'm talking about the factory worker, with family at home? (if he has a home now that is)

Let your conscious mill that prospect around a while....I don't know the answer...Mass burial comes to mind..:(


I will say though...Closer screening of people applying for benefits and make everyday seem like work day.. earn those benefits while out looking for a job...
 
It will end eventually, but I know what you mean..But playing devil's advocate...What do you do to help the ones that can't get a job no matter what they try?..There are more people unemployed than there is jobs...What do you do for those that missed the boat?..I'm not talking about lazy ass deadbeats either..I'm talking about the factory worker, with family at home? (if he has a home now that is)

Let your conscious mill that prospect around a while....I don't know the answer...Mass burial comes to mind..:(


I will say though...Closer screening of people applying for benefits and make everyday seem like work day.. earn those benefits while out looking for a job...
Closer screening would be a good start, but how about saving your money for a rainy day instead of maxing out credit cards? Rely on family, church, and local community. It is not the federal gov't's job to pay your bills.

This is why our grandparents were so frugal. They learned. My dad was a corrections officer in Brooklyn, drove a cab at night, and made furnature in our garage, to pay the bills. We didn't have huge flat screen TV's, a cell phone in everyone's pocket, broadband internet access, and cable. How about sacrificing? It's not in our vocabulary today.

"Bailing out" people does not teach them. I doubt many lessons are being learned.

The system is going to break, and I'm not so sure this isn't the intention.
 


Senate Democrats Slam Obama-GOP Tax Cut Framework



....Sen. Mary Landrieu (D-LA) attacked it harshly, calling the extension of Bush tax cuts for wealthy Americans 'morally corrupt.'

"What is new to me is a concept that we're going to borrow $46 billion according to the Obama-McConnell plan -- and that's what I'm calling it...we're going to borrow 46 billion from the poor, from the middle class, from businesses all sizes, basically, to give a tax cuts to families in America today that despite the recession are making over a million dollars," she said. "This is unprecedented."

Sen. Tom Harkin (D-IA) is a no for now.

"As it sits right now I don't think I can vote for it. As it sits right now. Again, things can change in the next few days. We'll see what changes are going to be made."
More: http://tpmdc.talkingpointsmemo.com/2010/12/senate-democrats-slam-obama-gop-tax-cut-framework.php






NO TAX CUTS FOR THE WEALTHY! ! !
 
I would rather impeach the President than move tax cuts forward for the incredibly wealthy. He's done it now.

barack-obama-impeach-obama1.jpg
 
I would rather impeach the President than move tax cuts forward for the incredibly wealthy. He's done it now.

barack-obama-impeach-obama1.jpg

hey now, we don't need to go impeaching the one.

hell, let's impeach 'em all.

next.

bunch of freakin jokers.

new deck!
 
With unemployment benefits projected to go from 99 weeks to 155 in the tax cut compromise, I predict we could see an unemployment rate of 10.5% to 11% by the end of 2011.

It's starting to look very attractive for anyone who can live on 80% of their current salary. Stay home, or go to work for 20% more pay? It's not tough to see which way this is heading.

Can I please have a piece of that action?
 
I would rather impeach the President than move tax cuts forward for the incredibly wealthy. He's done it now.

barack-obama-impeach-obama1.jpg

Aw, send him the 2% you are going to save in Social Security withholdings so that he can get re-elected.

Brilliant bone head move, let's see Social Security is tanking, baby boomers are retiring a record pace so lets lower the amount of revenue coming in. WHAT A TOTAL IDIOT OUT TO RUIN THE ENTIRE NATION!

All I asked for is that we all be taxed at the same rate for the privilage of living in the Country, not make our debt larger and longer.

He has just ruined himself......................one term President, like I said.:laugh:
 
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