Repug Budget Proposal: Massive Tax Cut For Wealthy (slash top marginal rate from 35% to 25%)

[jefferson_dem]

GOP Budget Proposal: Massive Tax Cut For Wealthy
March 26, 2009 01:21 PM

House Republican leaders called a press conference Thursday to unveil their "alternative budget." While it was thin on specifics, it does include one major policy proposal: a huge tax cut for the wealthy.

Under the Republican plan, the top marginal tax rate would be slashed from 35 to 25 percent, facilitating a dramatic transfer of wealth up the economic scale. Anyone making more than a $100,000 would pay the top rate; those under would pay 10 percent.

"Two nights ago, the president said, 'We haven't seen a budget yet out of Republicans.' Well, it's just not true, because here it is, Mr. President," said House Minority Leader John Boehner (R-Ohio), waving a blue document in the air.

"Today we're introducing a detailed road-to-recovery plan," he told the reporters. Other than the tax proposal, however, the plan was absent any details. Instead, it hammered the Democratic budget as too expensive.

Reporters -- mainstream, liberal and conservative -- greeted the Republican document with a collective scoff.

"Are you going to have any further details on this today?" the first asked.

"On what?" asked Boehner.

"There's no detail in here," noted the reporter.

http://www.huffingtonpost.com/2009/03/26/gop-budget-proposal-massi_n_179598.html

[ShortnFiery]

1. OMG! That is so wrong. We've transfered wealth UP since Saint Ronnie. It's time for the rich ...

to GIVE back for a change. Greedy PIGS! :grr:

[SpiralHawk]

22. "OMG - I am have an ecstatic orgasm" - Rush 'DraftDodger' Limbaugh (R)

"This is just the most wonderful Republicon Family Values proposal ever -- I know all my fellow Americans who are making $40 million a year serving the corporate Homelander borg will join me in orgasmic ecstasy at the wonderfulness of this - too bad about you Americans Smirk"

- Rush 'DraftDodger' Limbaugh (R - Propagandist)

[Uzybone]

2. why don't they propose no taxes for the wealthy?

they should go for it all.

[DrToast]

23. They're getting there...be patient. n/t

*

[SemiCharmedQuark]

3. ROFLOL!

[Parker CA]

18. +1. My exact reaction. The quote asking about details proves the pukes' bankruptcy in every dept.

[Deja Q]

4. More tax cuts for the wealthy. Sorry boner, look up history - never mind we cannot AFFORD tax cuts.

To think China is moaning NOW about our budget, are they secretly crying that McLame did not win?!!!!

And I keep hearing how repubs want to take us back to the 1950s. A blatant lie; the tax rates of the 1950s were much, much higher for the wealthy.

[DesertFlower]

5. WTF? nt

[Beetwasher]

6. Funny, THAT'S The ONLY Details In It, The Rest Is A Slick Pamphlet W/ Generalities

And slogans.

[WeDidIt]

7. Nobody Could Have PRedicted Their Proposal Would Be

to massively cut taxes on teh wealthy.

:eyes:

[KansDem]

8. They never learn, do they?

But then, you need a brain to learn...

[redqueen]

9. ...

:spray:

[denem]

10. 'They just don't get it'. AIG anyone?

What about the House Republicans who votes for a 90% tax?

[bluestateguy]

11. Republicans: Forever living in 1981

http://1.bp.blogspot.com/_jroFyRJrlsI/R-aQAlrCtjI/AAAAAAAAAZk/8X8rvEa1GH4/s1600-h/1981+Yellow+Cream+Corvette.jpg

[AndyA]

12. Message to Boehner and the Republicans:

Tax cuts don't work. The wealthy have had 8 years of tax cuts. Where are the jobs created by the tax cuts? Where's the robust economy those tax cuts should have provided? What happened to the "trickle down" part of it?

It doesn't work. Republicans are one trick dogs. They've done their one trick, and now it's time to shut the fuck up and let someone intelligent fix the mess they created.

Go smoke another pack of cigarettes, Boehner. They're good for you. :eyes:

[bdamomma]

17. and have a few more drinks too.

[doc03]

13. Surprise ! Surprise! I would never had thunk that n/t

[high density]

14. Hilarious!!

We can't give $400 to the middle class a year but they're after more funds for the rich? Obama already told them we've done the tax cut for the rich thing and it doesn't work. It doesn't create any jobs, it just transfers more wealth upward.

[Thrill]

15. No way they would have the guts to propose this,

If so, the Democrats should be all over TV blasting this nonsense

[bdamomma]

16. they never stop thinking about their wealth or their tax cuts.

and never about the American people.

[Jennicut]

19. MORE tax cuts? Seriously?

:rofl:

[rufus dog]

20. now let's see what they come up with for matching spending cuts

They will try to sell the BS that tax cuts will stimulate the economy, although it is proven wrong, they will not be able to cover the shortfalls with that answer alone. Since Defense spending is always off the table with them they will have to make massive cuts elsewhere or have huge deficits.

[Parker CA]

21. Contessa Brewer is normally a twit, but she is taking the pukes to task on this POS 'budget.' n/t.

[flpoljunkie]

24. Now that's 'rich!'

[Epiphany4z]

25. They continue to look for a gimmick

they just don't get it.