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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

theoriginalbryce Wrote: Nov 30, 2012 1:07 PM
Simplecaveman it will have about effect as cutting all food stamp benefits, fairly negligible in terms of revenue. The point is the top 2% will not be inocculated from sacrifice.
Bufa Wrote: Nov 30, 2012 1:09 PM
They already pay 70 plus % of all federal taxes.

The only ones not sacrificing are the 47%
Simplecaveman Wrote: Nov 30, 2012 1:09 PM
How about liberals sacrifice spending? Entitlements? How about the size of government? Now, that would be a true sacrifice.
JasonCharleston Wrote: Nov 30, 2012 1:09 PM

You talk of sacrifice, but 50% isn't being taxed.

Republicans have been asking for the White House's plan for some time now -- well, they finally got one.  Oh my:

House Republicans said on Thursday that Treasury Secretary Timothy F. Geithner presented the House speaker, John A. Boehner, a detailed proposal to avert the year-end fiscal crisis with $1.6 trillion in tax increases over 10 years, an immediate new round of stimulus spending, home mortgage refinancing and a permanent end to Congressional control over statutory borrowing limits. The proposal, loaded with Democratic priorities and short on detailed spending cuts, was likely to meet strong...