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qwertydude · 11-06-08, 06:50

The problem is how can you simplify a 100+ page tax amendment into a single sentence? Just flat out saying he's gonna increase capital gains tax therefore the economy will spiral into the pits of hell.

A tax plan amendment that restores a progressive tax rate to help fund a withdrawal from unnecessary foreign conflict which is a multi billion dollar a year moneysink, will help balance the budget and that will do more to restore the country's economic confidence than a plain old tax cut. You can't just tax cut your way out of trouble. Obama is inheriting a giant turd of an economy and is being realistic, we need to pay our way out and not tax cut our way out.

11-06-08, 06:50	#4 (permalink)
qwertydude Shinier than thou qwertydude is offline Join Date: Jul 2008 Location: Norwalk, CA not CT Posts: 404	Re: Obama threatened capital gains increase The problem is how can you simplify a 100+ page tax amendment into a single sentence? Just flat out saying he's gonna increase capital gains tax therefore the economy will spiral into the pits of hell. A tax plan amendment that restores a progressive tax rate to help fund a withdrawal from unnecessary foreign conflict which is a multi billion dollar a year moneysink, will help balance the budget and that will do more to restore the country's economic confidence than a plain old tax cut. You can't just tax cut your way out of trouble. Obama is inheriting a giant turd of an economy and is being realistic, we need to pay our way out and not tax cut our way out.