Thread: Right wingers: don't EVER complain about the deficit or the stimulus plan again!

Why not?

Because those tax cuts for the rich will cost more, even for only a two year extention:

*** Bigger than the stimulus? And here’s something to chew on: Extending the Bush tax cuts for two years -- along with extending jobless benefits and targeted tax cuts -- would likely cost more (approximately $1 trillion) than the stimulus cost (approximately $800 billion). Here’s our back-of-envelope math arriving at the $1 trillion approximation: If the price tag of extending the Bush tax cuts over 10 years is nearly $4 trillion, then doing it for two years is some $800 billion. And extending the jobless benefits and targeted tax cuts raises that price tag even higher.

Don't hold your breath waiting for a sudden surge of investment and employment in the next year... nothing will have changed, except for a big increase in the debt.

Originally Posted by michaelr

Average Joe making 75K with a family will pay about $4,000 less in taxes.

He already does. Extending the tax cuts to the middle class alone would have preserved that.

Originally Posted by Bluesguy

Actually as has happened with every tax cut they will bring in more revenue and create more taxpayers. .......

The tax cut for the wealthy has been in place for most of the decade. Where's the additional revenue and jobs?

Originally Posted by Bluesguy

Actually as has happened with every tax cut they will bring in more revenue and create more taxpayers. Of course if you think it best just to pay people not to work..................

A proven failure, where is the revenue and jobs from the tax cuts that have been in place for years? Full of shit as usual

Originally Posted by michaelr

Tell you what, get your priorities squared away, you credibility would straight up.

Yeah, sure, after YOUR credibility about all the sturm und drang about the deficits, and the cost of the stimulus. Sorry, you can NOT have it both ways.... if you're going to insist that the deficit and the debt is the most important issue in our economy, then you can't be giving away unpaid-for perks to the uber-wealthy at the same time.

MAKE UP YOUR MIND!

Originally Posted by michaelr

Average Joe making 75K with a family will pay about $4,000 less in taxes.

Not sure how you're calculating this... But if the tax cuts expire completely, a married individual will pay about $2500 more per year in federal taxes, which is way, way less than what we paid just a few decades ago, "when things were better than they are today."

As Clock Ticks, Lawmakers Revisit Bush Tax Cuts : NPR