Romney Tax Plan adds $600 Billion to Deficit

[Blart]

Romney's plan will add $600 Billion to the deficit (According to the nonpartisan Tax Policy Center), part of Mitt’s overarching plan to drive America into debt, then sell it to China for a profit.

The plan would benefit the types of people who make millions off bankrupting companies, i.e. Romney's BFFs. But hey! It's less than the 1.3 trillion Gingrich's plan would add to the deficit.


Romney's Plan: $100 Tax Hike for the Poor, $100,000 Tax Cut For the Rich

http://www.theatlantic.com/business/archive/2012/01/romneys-plan-100-tax-hike-for-the-poor-100-000-tax-cut-for-the-rich/250947/

[El Minion]

Well since a tax is a disincentive, maybe we can tax the poor out of existence. You know, force them to move up the income later to get relief from being poor and overtaxed. Punish the poor with more taxes, that'll teach them and solve our poor people problem! Genius plan Romney!

http://cdn.theatlantic.com/static/mt/assets/business/Screen%20Shot%202012-01-05%20at%203.21.24%20PM.png

[Rohirrim]

How much would China give us for America now? Would I have to learn Mandarin?

[Smiling Assassin27]

Romney's plan will add $600 Billion to the deficit (According to the nonpartisan Tax Policy Center), part of Mitt’s overarching plan to drive America into debt, then sell it to China for a profit.

The plan would benefit the types of people who make millions off bankrupting companies, i.e. Romney's BFFs. But hey! It's less than the 1.3 trillion Gingrich's plan would add to the deficit.


Romney's Plan: $100 Tax Hike for the Poor, $100,000 Tax Cut For the Rich

http://www.theatlantic.com/business/archive/2012/01/romneys-plan-100-tax-hike-for-the-poor-100-000-tax-cut-for-the-rich/250947/

Just to be fair, this is also from the article:

The Romney camp emailed to dispute the idea that eliminating temporary tax provisions amounts to a tax hike. They have a case. TPC makes a judgment call when they predict future tax policy. In this analysis, they predict that Obama will extend his stimulus-act tax cuts. So Romney's plan only raises taxes against what TPC thinks will be Obama's policy.

[Atwater 27]

Like I tell my progressive friends.... Don't hate on Romney, he is just as liberal as you....

[24champ]

This is a baseline analysis. However, changes in corporate taxes, repatriation taxes, capital gains tax, etc. would all lead to increased economic activity and thus a higher baseline. So this 600 billion less in revenue is bunk.

[24champ]

Romney's plan will add $600 Billion to the deficit (According to the nonpartisan Tax Policy Center), part of Mitt’s overarching plan to drive America into debt, then sell it to China for a profit.

The plan would benefit the types of people who make millions off bankrupting companies, i.e. Romney's BFFs. But hey! It's less than the 1.3 trillion Gingrich's plan would add to the deficit.


Romney's Plan: $100 Tax Hike for the Poor, $100,000 Tax Cut For the Rich

http://www.theatlantic.com/business/archive/2012/01/romneys-plan-100-tax-hike-for-the-poor-100-000-tax-cut-for-the-rich/250947/

Let me ask you a question, do you know how much this Obama Administration contributed to the deficit over the next decade? You guys really want to debate that issue?

[Bronx33]

Let me ask you a question, do you know how much this Obama Administration contributed to the deficit over the next decade? You guys really want to debate that issue?


When that subject comes up they plug their ears and go la la la la la la la la.

[W*GS]

Let me ask you a question, do you know how much this Obama Administration contributed to the deficit over the next decade? You guys really want to debate that issue?

Obama merely put the debt increases incurred under Bush back on the books.

Remind me of the tax increase that Bush put in place to pay for the war in Afghanistan.

Remind me of the tax increase that Bush put in place to pay for the war in Iraq.

Remind me of the tax increase that Bush put in place to pay for his Medicare Part D.

Oh yeah - Bush *cut* taxes, especially for the rich.

[epicSocialism4tw]

The deficit and the debt are two different things.

Lets quit funding all the garbage liberal psuedomorality programs like planned parenthood and you'll see the deficit shrivel up real quick.

[L.A. BRONCOS FAN]

The deficit and the debt are two different things.

Lets quit funding all the garbage liberal psuedomorality programs like planned parenthood and you'll see the deficit shrivel up real quick.

Um, no, moron.

The programs you're referencing represent only a miniscule percentage of annual spending.

The deficit isn't going to "shrivel up" until half-wits like you realize that consolidating wealth and concentrating power in the hands of an increasingly smaller circle of super-rich blood suckers isn't going to improve their economic prospects.

[L.A. BRONCOS FAN]

Obama merely put the debt increases incurred under Bush back on the books.

Remind me of the tax increase that Bush put in place to pay for the war in Afghanistan.

Remind me of the tax increase that Bush put in place to pay for the war in Iraq.

Remind me of the tax increase that Bush put in place to pay for his Medicare Part D.

Oh yeah - Bush *cut* taxes, especially for the rich.

To say nothing of the reason for the spending on Obama's watch.

That is to say, had Bush not left America in the worst economic straits since the great depression, there would have been no need for economic stimulus, etc.

[24champ]

To say nothing of the reason for the spending on Obama's watch.

That is to say, had Bush not left America in the worst economic straits since the great depression, there would have been no need for economic stimulus, etc.

Which wasn't stimulated, and thus revenues aren't rising enough close the gap.

[Atwater 27]

Who we kiddin? The stimulus was a smorgasbord of left wing to do lists, pet projects and union paybacks.

[Blart]

Um, no, moron.

The programs you're referencing represent only a miniscule percentage of annual spending.

The deficit isn't going to "shrivel up" until half-wits like you realize that consolidating wealth and concentrating power in the hands of an increasingly smaller circle of super-rich blood suckers isn't going to improve their economic prospects.

^5

But but but.. if we stop funding PBS and Planned Parenthood, we're .002% closer to solving the debt problem! And with all those new unwanted babies in America raised on 100% corporate media, we can charge foreigners $10 a ticket to watch the making of "Idiocracy 2" in person, i.e. a ticket to stand on any street in the USA. It will be a hit, and our debt solved!

[L.A. BRONCOS FAN]

Americans Against the Tea Party (https://www.facebook.com/NoTeaParty)


Romney: "European-style welfare societies lead to poverty"
"...according to an Organization for Economic and Cooperation Development report issued last year, the level of poverty in the United States was more than twice that of the Czech Republic, Denmark, Hungary, Austria, the Netherlands, France, Slovenia, Norway, Finland, Sweden, and Switzerland." --Mittens, who will undoubtedly be the nominee is a lying political whore who'll say anything.

[L.A. BRONCOS FAN]

Which wasn't stimulated, and thus revenues aren't rising enough close the gap.

The real problem was that the stimulus didn't go far enough.

[Bob]

Romney's plan will add $600 Billion to the deficit (According to the nonpartisan Tax Policy Center), part of Mitt’s overarching plan to drive America into debt, then sell it to China for a profit.

The plan would benefit the types of people who make millions off bankrupting companies, i.e. Romney's BFFs. But hey! It's less than the 1.3 trillion Gingrich's plan would add to the deficit.


Romney's Plan: $100 Tax Hike for the Poor, $100,000 Tax Cut For the Rich

http://www.theatlantic.com/business/archive/2012/01/romneys-plan-100-tax-hike-for-the-poor-100-000-tax-cut-for-the-rich/250947/

Romneys not my guy, but 600 billion would be 400 billion less than the one trillion Obama has added to the debt per year since Obama has been elected. R's are bad with Debt, but Obama appears to be intentionally creating debt...

[Bob]

The real problem was that the stimulus didn't go far enough.

LOL You mean it didnt create significant inflation and completely sink the economy, so those who love statism can use the crisis to create a new, new deal? Dont worry that moment is coming, and you can daftly assign blame on those who wanted less spending all allong. BTW, are you getting paid money to make up all this crap all day long, day after day,year after year?

[L.A. BRONCOS FAN]

LOL You mean it didnt create significant inflation and completely sink the economy, so those who love statism can use the crisis to create a new, new deal? Dont worry that moment is coming, and you can daftly assign blame on those who wanted less spending all allong. BTW, are you getting paid money to make up all this crap all day long, day after day,year after year?

You're nothing but a parrot who repeats every Fox News talking point served up to him without bothering to check the facts.

First of all, we wouldn't even be discussing stimulus bills had your hero GeeDubya not reduced the U.S. economy to rubble.

Second, the stimulus didn't "sink the economy" - it prevented a total collapse of the economy.

[Atwater 27]

You're nothing but a parrot who repeats every Fox News talking point served up to him without bothering to check the facts.


You're nothing but a parrot who repeats every Daily Kos, MSNBC, Media Matters, Huffington Post talking point served up to him without bothering to check the facts.Hilarious!LOLROFL!Hilarious!LOLROFL!Hilariou s!LOLROFL!Hilarious!

With an extra serving of gay smileys.

[pricejj]

Federal Deficit by Year

Total 1789-1980: -$1.7T

Reagan Years:
1981: -$79B
1982: -$128B
1983: -$208B
1984: -$185B
1985: -$212B
1986: -$221B
1987: -$150B
1988: -$155B
1981-1988 Total: -$1.34T

Bush I Years:
1989: -$153B
1990: -$221B
1991: -$269B
1992: -$290B
1989-1992 Total: -$933B

Clinton Years:
1993: -$255B
1994: -$203B
1995: -$164B
1996: -$107B
1997: -$22B
1998: $69B
1999: $126B
2000: $236B
1993-2000 Total: -$320B

Bush II Years:
2001: $128B
2002: -$158
2003: -$378B
2004: -$412B
2005: -$318B
2006: -$248B
2007: -$161B
2008: -$459B
2001-2008 Total: -$2.01T

Obama Years:
2009: -$1.41T
2010: -$1.29T
2011: -$1.29T
2012: -$1.10T (projected)
2009-2012 Total: -$5.09T

Total deficits 1789-1980 (191 years): -$1.7T
Total deficits Reagan, Bush I, Clinton, Bush II (24 years): = -$4.6T
Total deficits Obama (4 years): -$5.09T

[alkemical]

That's the problem when you keep extending credit and the bill finally comes due.

Good thing we have such a stable of fine leaders who can solve the problem(s).

[L.A. BRONCOS FAN]

You're nothing but a parrot who repeats every Daily Kos, MSNBC, Media Matters, Huffington Post talking point served up to him without bothering to check the facts.Hilarious!LOLROFL!Hilarious!LOLROFL!Hilariou s!LOLROFL!Hilarious!

With an extra serving of gay smileys.

Weakest "I am rubber - you are glue" comeback ever!

(But what more can we expect from an unthinking, homophobic Fox News lemming like you?)

[Paladin]

Romney is vacuous. He's like giving a starving man a stick of celery. There is just nothing there. Even the Repugnicans don't like him.....

They continue to beat the h3ll out of him and Obama will win a landslide....

[Atwater 27]

(But what more can we expect from an unthinking, homophobic Fox News lemming like you?)

Homophobic? Nah, I ain't afraid of you. I just don't like you.

[L.A. BRONCOS FAN]

Federal Deficit by Year......




Source: The Heritage Foundation.

[L.A. BRONCOS FAN]

Homophobic? Nah, I ain't afraid of you. I just don't like you.

Just the sort of thing a latent homosexual would say. :wave:

[epicSocialism4tw]

Just the sort of thing a latent homosexual would say. :wave:

"a latent homosexual"

Goodness, dude...you use some seriously homophobic language.

[Atwater 27]

Just the sort of thing a latent homosexual would say. :wave:

How cute. You want me to be like you so you project your own image onto me. :kiss: You want a kiss?

[L.A. BRONCOS FAN]

You want a kiss?

Pass.

I'm still diggin' chicks these days, but kudos to you for taking that first step out of the closet. :thumbs:

[L.A. BRONCOS FAN]

"a latent homosexual"

Goodness, dude...you use some seriously homophobic language.

How so?

Certainly you don't believe "latent homosexual" is some sort of pejorative term, do you?

Or are you just being your usual disingenuous self?

[Bob]

You're nothing but a parrot who repeats every Fox News talking point served up to him without bothering to check the facts.

First of all, we wouldn't even be discussing stimulus bills had your hero GeeDubya not reduced the U.S. economy to rubble.

Second, the stimulus didn't "sink the economy" - it prevented a total collapse of the economy.

You can only think in left and right terms, when they terms mean almost nothing. You are the smallest, least introspective poster here (which is saying something.) I obviously was not a fan of any of the stimulas plans under R's or D's.

[Bob]

How so?

Certainly you don't believe "latent homosexual" is some sort of pejorative term, do you?

Or are you just being your usual disingenuous self?

You also seem to have a problem with folks with disabilities -- again based on your language. How about Jews -- do you have a problem with them too? As many Wall-Street protester types seem to lean that bigoted way. Just curious to know how debased you really are.

[W*GS]

Just curious to know how debased you really are.

IIRC, "Judge not, lest ye be judged" has some meaning to you.

[Atwater 27]

Pass.

I'm still diggin' chicks these days, but kudos to you for taking that first step out of the closet. :thumbs:

No closet for me Dawg. I'm a proud hetero, and if I was gay I'd be a proud homo.

[L.A. BRONCOS FAN]

You can only think in left and right terms, when they terms mean almost nothing. You are the smallest, least introspective poster here (which is saying something.) I obviously was not a fan of any of the stimulas(sic) plans under R's or D's.

As usual, you avoid a direct response to the point I made (i.e., that a stimulus wouldn't have been necessary had your boy Dumbya not eviscerated the economy) and go straight for the ad hominem.

Hence, if you want to "not be a fan" of something, then you should "not be a fan" of Bush's economic record.

[epicSocialism4tw]

How so?

Certainly you don't believe "latent homosexual" is some sort of pejorative term, do you?

Or are you just being your usual disingenuous self?

You were using "latent homosexual" as an insult.

If you can't tell how that's homophobic language, then you might need to get educated.

[L.A. BRONCOS FAN]

You were using "latent homosexual" as an insult.

Noting behavior which is consistent with latent homosexuality isn't an insult - simply an observation (and a factual one to boot.)

But I'm not surprised someone as disingenuous as you would attempt to equate the two.

[epicSocialism4tw]

Noting behavior which is consistent with latent homosexuality isn't an insult - simply an observation (and a factual one to boot.)

But I'm not surprised someone as disingenuous as you would attempt to equate the two.

You have a history here of homophobia.

[L.A. BRONCOS FAN]

You have a history here of homophobia.

http://cdn4.diggstatic.com/story/cool_story_bro_pic/o.png

[Bob]

You have a history here of homophobia.

But that is ok for him as he is a statist.

[W*GS]

But that is ok for him as he is a statist.

Everyone (but evangelical christian right-wingers) is a "statist" in your mind. And only there.