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Dagger statement: Why weren't the "Bush Tax Cuts" made permanent to begin with?

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Soral Donating Member (344 posts) Send PM | Profile | Ignore Wed Nov-10-10 02:19 PM
Original message
Dagger statement: Why weren't the "Bush Tax Cuts" made permanent to begin with?
Anyone who supports this stupid tax cuts needs to be able to answer that question, or they sound like super idiots.

Why weren't the "Bush Tax Cuts" made permanent to begin with?

I think the most obvious answer is that when they were enacted budgets were forecast into the future by the Bush Administration and GOP led Congress of 2000-2006, they were forecasting GREATER REVENUES coming in because they ASSUMED Bush Tax Cuts would EXPIRED after ten years with NO RENEWAL . . .

which now after 10 years we find was DELAYED “smoke and mirrors” and accounting gimmickry, because now the GOP wants to implement them permanently.
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Nuclear Unicorn Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-10 02:21 PM
Response to Original message
1. The GOP couldn't break the dem filibuster so they passed it by reconciliation
Anything so passed automatically sunsets after 10 years.

Yes, that includes HCR as well
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Soral Donating Member (344 posts) Send PM | Profile | Ignore Wed Nov-10-10 02:24 PM
Response to Reply #1
3. not questioning you, but people will question me.... can i get a source?
so I can use this in battle?
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Nuclear Unicorn Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-10 02:32 PM
Response to Reply #3
6. Totally fair question deserving a polite answer...so here goes
http://politifact.com/truth-o-meter/statements/2010/mar/04/alan-grayson/bush-tax-cuts-were-passed-reconciliations-50-votes/

BTW - it's a shame you have to preface your request with a near apology. Everyone should feel free to ask for sources without worrying about having the person asked blow-up at them. I know that isn't how things are around here and that's a shame.

:hi:
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Soral Donating Member (344 posts) Send PM | Profile | Ignore Wed Nov-10-10 02:37 PM
Response to Reply #6
7. Thx, much appreciated, that said..
My "home forum" may be getting shut down soon, and we will be searching for a new home.

DU is a definite no, as most users would be banned on site here, lol
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gratuitous Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-10 02:27 PM
Response to Reply #1
4. But, but, but, reconciliation is e-e-e-e-e-evil!
It's such a dirty, underhanded tactic that anyone who uses it automatically goes straight to h-e-double toothpicks! At least, that was the Republican line to stop health care reform last year, and nobody anywhere could remember a time when the Republicans used reconciliation to ram something down the throats of the American people.

So that must not have happened.
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Vincardog Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-10 02:41 PM
Response to Reply #1
8. Funny that I heard that HCR decreased the deficit
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-10 02:22 PM
Response to Original message
2. It was passed with less than 60 votes (couldn't leap the filibuster rules)
So it was done through reconciliation which can't increase the deficit longer than 10 years.
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Poboy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-10 02:27 PM
Response to Original message
5. A much simpler route: "Why, if they are so good, haven't the tax cuts worked yet?"
K.I.S.S.
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JustAnotherGen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-10 02:41 PM
Response to Original message
9. It wasn't
Deficit neutral. And they KNEW that.
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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-10 04:00 PM
Response to Original message
10. They knew the economy was changing and therefore they did
not make them permanent.
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