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GOP Budget Proposal: Massive Tax Cut For Wealthy

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dynasaw Donating Member (664 posts) Send PM | Profile | Ignore Thu Mar-26-09 02:19 PM
Original message
GOP Budget Proposal: Massive Tax Cut For Wealthy
"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."

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

These guys are UNREAL!! :mad:
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:19 PM
Response to Original message
1. CLUELESS!
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mnhtnbb Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:20 PM
Response to Original message
2. All they can think about is their money. That's what they love.
Edited on Thu Mar-26-09 02:21 PM by mnhtnbb
True a$$holes.
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Juche Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:24 PM
Response to Reply #2
7. THose people own the party
It is a tit for tat. The GOP cuts taxes on businesses and the wealthy, and the wealthy and businesses reciprocate by spending billions of dollars to get republicans elected. Tit for tat.

Democrats (to a far lesser extent, as the battle over EFCA shows) do the same thing with labor. Labor puts money into democrats, so democrats try to help labor. Democrats tend to be bigger pussies and pushovers about it though.
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Idealism Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:21 PM
Response to Original message
3. 2012 is in the bag.
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Egalitariat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:22 PM
Response to Original message
4. How would that be a wealth transfer?
Who would the money come from?
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angstlessk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:22 PM
Response to Original message
5. according to the GOP if ONLY the rich could pay NO taxes we would all be better off
the poor should fund the government for which the poor get so fucking much..NOT!
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GreenTea Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:24 PM
Response to Original message
6. This is fucking hilarious, Republican John Boehner gets his ass kicked by reporters....
Edited on Thu Mar-26-09 02:47 PM by GreenTea
House Minority Leader John Boehner (Republican-Ohio) tries to slide by (to upstage Obama) with some bullshit republican budget alternative to President Obama's. But there's absolutely nothing in it. just a piece of paper stating only huge tax cuts for the rich...reporters call him on it and all he could say is "we'll have more next week"...What a lying deceiving asshole!

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.:rofl:

"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.

Answered Boehner: "This is a blueprint for where we're going. Are you asking about some other document?"

A second reporter followed up: "What about some numbers? What about the out-year deficit? What about balancing the budget? How are you going to do it?"
:rofl:
"We'll have the alternative budget details next week," promised Boehner. Minority Whip Eric Cantor (R-Va.) had wisely departed the room after offering his opening remarks. ("Today's Republican road-to-recovery is the latest in a series of GOP initiatives, solutions and plans," he had offered.)

A third reporter asked Boehner about the Republican goal for deficit reduction, noting President Obama aimed to cut it in half in five years. "What's your goal?"

"To do better," said Boehner.

"How? How much?"

"You'll see next week."

"Wait. Why not today? Because he asked you to present a budget."

"Now, hold on," said Boehner. :rofl: "The president came to Capitol Hill and laid out his blueprint for his budget during the State of the Union. He didn't offer his details until days later."

"In general, where do you see cuts coming?" the Huffington Post asked.

"We'll wait and see next week," he said.

Another reporter reminded Boehner that he has "criticized Democrats for throwing together a stimulus quickly and nobody knew what they were voting on. Are you saying that your budget will be unveiled on the same day that the House is expected to vote on it?":rofl:

"No, I expect it'll be out next week," he said, though the House is expected to vote on the budget next week. "But understand that a budget really is a one-page document. It's just a bunch of numbers."

Though not today, of course.

As Boehner left, a reporter attempted to pin him down on whether the party would oppose all bailouts in the future.

"Mmm," he said, pausing at the door. "We'll see."
:rofl:

http://www.huffingtonpost.com/2009/03/26/gop-budget-proposal-massi_n_179598.html
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steelmania75 Donating Member (836 posts) Send PM | Profile | Ignore Thu Mar-26-09 02:25 PM
Response to Original message
8. What else do you expect from them?
Long-term investments in healthcare, energy, and education? HAHAHAHAHA!
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:27 PM
Response to Original message
9. What a shock! See, they don't have any new ideas. nt
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county worker Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-26-09 02:30 PM
Response to Original message
10. The only constituents they have left is the waco freeper types and the wealthy.
Tax cuts for the rich and hate and wars for the freepers, a sure fire election strategy.
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txloosecannon Donating Member (2 posts) Send PM | Profile | Ignore Thu Mar-26-09 02:39 PM
Response to Original message
11. spelling and grammar aren't necessary either
Taken from the GOP Blog:

On entitlement reform: "Republicans support leveling the playing field through politicis that will provide tax incentives for illions more working families and small business owner to obstain access to coverage."

http://www.gop.gov/blog/09/03/26/the-road-to-recovery-begins
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YoungAndOutraged Donating Member (107 posts) Send PM | Profile | Ignore Thu Mar-26-09 03:26 PM
Response to Original message
12. WHY IS IT ALWAYS TAX CUTS FOR THE WEALTHY????
Do they not have enough yet???? They're like a giant fucking mosquito sucking the blood out of everyone else, all the "lazy and immoral" people. They're a 20-ton mosquito that's so fat from leeching off of those who actually produce, then they scream and whine for even more. They'll never stop.
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