Tornado Alley (PROG)

[StephanieVanbryce]

let's hope this jerk is right ... AIE and one of the worst, least accurate ones there
......... of course, they're all have that distinction..Thanks for Iraq boys! $$$$$$ for us!

Why the Obama tax hikes have only just begun

god... let's hope so.. ;) ... ... rotflmao!

snip ~~

So adding it all up, it would seem the president’s second term goal is for roughly $2 trillion in new taxes. We’re only one-third of the way there.

But what leverage will Obama have to make good on his tax-hike threats? As The Wall Street Journal editorial page notes today, “The President has had unusual leverage over Republicans because he just won re-election and because taxes were going to go up even if they did nothing.”

One potential Obama bargaining chip is the sequester, particularly the $500 billion in defense cuts that many GOPers loathe. So perhaps Obama can offer to turn off the defense cuts in exchange for $500 billion from limiting tax breaks for the rich. And then maybe another $300 billion in corporate tax hikes for agreeing to change how Social Security benefits are calculated. Many scenarios are possible. What’s for sure is that the Obama desires vastly higher taxes to pay for his expanded welfare state. Desires and needs them. And it’s now Democrat economic theology that tax rates could return to pre-Reagan levels without hurting growth.

Tax hikes? Obama is only just getting started.

lol..goodness, are we to think they are waking up? even though it's all set in negative demeaning language? .. I figure they're just wrong
....... .. so far, they always have been. What world are they living in? it sure isn't this one!

http://www.aei-ideas.org/2013/01/why-the-obama-tax-hikes-have-only-just-begun/