Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Do all of the Bush tax increases begin in 2011?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 06:42 AM
Original message
Do all of the Bush tax increases begin in 2011?
These tax increases that I hear are coming, the ones that President Bush signed into law, do they all take place in 2011 or are they spread out?
Printer Friendly | Permalink |  | Top
stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 06:48 AM
Response to Original message
1. It's tax cuts that are scheduled to expire because it was the only way the cuts were passed
Printer Friendly | Permalink |  | Top
 
AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 06:51 AM
Response to Original message
2. The Bush tax cuts expire in 2011.
The Republicons forced the tax cuts through by reconciliation, which means by law they can't last more than ten years because they increased the deficit.

The M$M is framing this as a tax increase, when in fact it was part of the original plan by the GOP, and by law must expire unless Congress votes to extend them longer.

They aren't really tax increases, they are the legislated termination of the Bush tax cuts, and the GOP is hoping people are going to refer to it as a tax increase when it really isn't.
Printer Friendly | Permalink |  | Top
 
Ineeda Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 07:39 AM
Response to Reply #2
4. Perfect explanation
but, you know, up is down and east is west to some.
Printer Friendly | Permalink |  | Top
 
trotsky Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 07:13 AM
Response to Original message
3. Excellent phrasing.
:thumbsup:
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 25th 2024, 11:56 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC