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Here are the facts, since you don't have them. http://www.thedailybea Crunching the numbers at the liberal think tank the Center for American Progress, analyst Michael Linden found that if one compares the cost of tax cuts in just the first four years of Bush’s term (2001–04) to the first four years of Obama's (2009–12), Obama’s tax cuts are bigger. The value of the Bush tax cuts were about $475 billion in those first four years, or about 1.1 percent of GDP. Obama’s total about $1 trillion, or 1.6 percent of GDP. But that's the real world. In the Nic world, there is something called a 'Reagan revolution' that exists from 2 years before he became President until 4 years after his death, a President doesn't actually take the oath of office on January 20, and a tax cut is not a tax cut. |
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| 07-26-2012, 09:15 AM | |
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As I said, Obama's tax cuts are temporary and strategic; not as harmful as Bush's and Reagan's.
http://www.google.com/url?sa=t&rc...N http://www.google.com/url?sa=t&rc...0 http://www.google.com/url?sa=t&rc...X http://www.google.com/url?sa=t&rc...E http://www.google.com/url?sa=t&rc...y Google it and you can fill in your knowledge gaps. |
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You have a bizarre definition of the words 'temporary' and 'permanent', given history. Especially given that no dictionary would define 10 years as 'permanent'. History shows that tax rates have changed over 20 times in the past century by these alleged 'permanent' tax cuts. Oh, I've heard the term Reagan Revolution before. What is nonsensical is your usage of the term to attribute your party's policies to this 'Reagan revolution' merely because you don't like them. But that's natural for a blind partisan who uses the term 'Bush tax cuts' to refer to tax cuts not signed or voted on by George W. Bush. It is beyond dispute, even by the Obama campaign, that he signed legislation in 2010 reducing tax rates. |
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