Has the President stated his intentions on the Bush taxcuts?

Would it not help the economy if he said he was going to let the entire taxcuts expire?

Perhaps he has said already and I just missed it?

Ambiguity of this sort is not healthy.

And whatever they are, how soon is he willing to cave on them?

sadly

:D

seeing the OP's headline, you were rushing over to unrec, anyway!

:thumbsup:

You must have missed it.

But I must have missed that one? Do you have a link perhaps?

http://abcnews.go.com/Politics/tax-cut-deal-president-obama-expected-announce-terms/story?id=12327282

In a nutshell, he extended them once, to protect the unemployed. But they will come to an next time around. I think that will be in 2012.

Clear enough for you?

Very old. That was the initial extension, in order to get unemployment benefits extended, rather than fighting for them.

Ah-mazing.

What other extension has taken place?

not 2010. Will they be extended again or made permanent or what is going to happen?

removed, while protecting the lower income and middle class families from having to pay more..

http://content.usatoday.com/communities/theoval/post/2011/04/obama-i-refuse-to-renew-bush-tax-cuts-for-rich/1

http://www.thedailybeast.com/articles/2011/08/02/obama-hammer-in-next-debt-battle-with-gop-may-be-bush-tax-cuts.html

Thanks.

<snip from your 2nd link >

And therein rests Obama’s opportunity. With Republicans so focused on keeping the Bush tax cuts alive, the president could use another extension to protect Democrats’ most cherished programs when the congressional super-committee created by the debt deal starts its work in the fall. If he commits to extending some or all of the Bush cuts, Obama not only could gain significant leverage to influence the outcome of the committee, he also could position himself for the 2012 elections as the honest, moderate broker between the extremes of both parties.

And that’s what Obama’s fellow Democrats are afraid of. In the wake of the debt-ceiling fight, which saw major gains for Republicans and Tea Party interests and huge cuts to discretionary spending that liberals cherish, Capitol Hill Democrats describe a caucus that is bitterly disappointed in the outcome of the debate and deeply skeptical of the president’s ability, and even interest, in protecting their most important priorities.

If he commits to extending some or all of the Bush cuts, Obama not only could gain significant leverage to influence the outcome of the committee, he also could position himself for the 2012 elections as the honest, moderate broker between the extremes of both parties.

But, yes, I think all the Bush taxcuts should be allowed to expire. If everybody must sacrifice, why not those making less than $250,000?

The same president. So he extended them once but you are now looking for a reason why he would not let them be extended again. last I checked he always told us that he never agreed to them in the first place, and now you need a reason to believe that he will not extend them again? Obama has severly dissapointed me as a President, and I for one will try my best to find another democratic leader that can be voted in as president, becaus e OBAMA will NEVER get my vote again.

every benefit of the doubt to do what is best for this country. I understand your position and cannot argue with your rationale.

He wants to extend the tax cuts for incomes less than $250,000 and let them expire for incomes above. It's what he ran on and he hasn't changed that position over the past three years.

He has literally said this dozens of times.

it's a new world.

In case it's not, the expiration of the Bush tax cuts is the only way to prod the commission to engage in actual tax reform that eliminates the ridiculous exemptions and deductions we currently have that leave GE paying nothing in taxes on several billion in profits.

He has stated, in as many words, since the debt ceiling deal, that he will veto an extension that includes the cuts for people making more than $250,000 per year.

coming out of the Joint Committee.

If they close the loopholes, he will extend the Bush taxcuts? Of course, loopholes are always found around loopholes.

He'd probably prefer that actually. Hell, I'd be happy to trade lower rates for an end to legislation through the tax code, as long as it's revenue positive.

They will never close the loopholes. Once the rates are lowered, we will see the loopholes in the loopholes.

"has President Obama ever come out and said he wasn't muslim"

Perhaps he has said already and I just missed it, but hey who knows...


Ambiguity of this sort is not healthy.......

Just like the President.

How do you interpret it?

<snip>
And therein rests Obama’s opportunity. With Republicans so focused on keeping the Bush tax cuts alive, the president could use another extension to protect Democrats’ most cherished programs when the congressional super-committee created by the debt deal starts its work in the fall. If he commits to extending some or all of the Bush cuts, Obama not only could gain significant leverage to influence the outcome of the committee, he also could position himself for the 2012 elections as the honest, moderate broker between the extremes of both parties.

And that’s what Obama’s fellow Democrats are afraid of. In the wake of the debt-ceiling fight, which saw major gains for Republicans and Tea Party interests and huge cuts to discretionary spending that liberals cherish, Capitol Hill Democrats describe a caucus that is bitterly disappointed in the outcome of the debate and deeply skeptical of the president’s ability, and even interest, in protecting their most important priorities.

So the operative words there are SOME.

Some of the tax-cuts could be extended. Including those that support and help lower income and middle income families. Is that a bad thing? I don't think it is. Do you?

what does that mean? He is open to extending the taxcuts on the wealthy if he can get some reforms?

And since he's gone on RECORD saying he won't extend tax cuts for the wealthy, I assume he just isn't going to do it.

You assume he just isn't going to do it?

:hi:

help the economy, and he did not care, he signed them back into law when they were about to expire. They are now the OBAMA TAX CUTS.

crisis and the evisceration of the big three with no meaningful cuts in MIC spending and surely no meaningful tax increases for the uber-wealthy and large corporations who will continue their 30+-year sucking frenzy at the public welfare teat. :patriot:

I'm sorry I started this thread.

against the USA and maybe stand to make a bundle. ;) :patriot: