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jmog
Posts: 6,567
Jul 7, 2012 4:20pm
Tax cut extensions are not a tax cut, it is just keeping taxes the same as they previously were. Even you can't spin that one Boat.BoatShoes;1220269 wrote:No praise for Obama being a net tax cutter with his billions of dollars in tax cuts in the stimulus and tax cut extensions?
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BoatShoes
Posts: 5,703
Jul 7, 2012 4:47pm
They were scheduled to raise. If they had been permanent and he didn't cut them I would agree. He made an affirmative act that ensured taxes would be lower in the future than had he not acted.jmog;1220392 wrote:Tax cut extensions are not a tax cut, it is just keeping taxes the same as they previously were. Even you can't spin that one Boat.
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jhay78
Posts: 1,917
Jul 7, 2012 9:44pm
True, but everything he's said for the past few months tells me A) he hates that he did it (at least he acts like he didn't do it) and B) ain't no way he's doing it again, in fact he'll do the opposite. Plus we have to wait until 2014 to find out if he'll be a "net tax cutter".BoatShoes;1220403 wrote:They were scheduled to raise. If they had been permanent and he didn't cut them I would agree. He made an affirmative act that ensured taxes would be lower in the future than had he not acted.
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believer
Posts: 8,153
Jul 8, 2012 8:27am
I don't think we'll need to wait until 2014 to find out the answer to that one.jhay78;1220514 wrote:Plus we have to wait until 2014 to find out if he'll be a "net tax cutter".
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jmog
Posts: 6,567
Jul 8, 2012 12:51pm
Not allowing a tax increase is not the same as a tax cut not matter how the liberals want to spin it.BoatShoes;1220403 wrote:They were scheduled to raise. If they had been permanent and he didn't cut them I would agree. He made an affirmative act that ensured taxes would be lower in the future than had he not acted.
The day before and day after the taxes were the same, nothing was cut.
If he had let them expire then it would have been a tax increase.
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BoatShoes
Posts: 5,703
Jul 8, 2012 1:59pm
So if he had let them expire according to the law and then immediately cut them he'd qualify as a "tax cutter" but merely stopping the increase prevents him from qualifying for this silly language game.jmog;1220753 wrote:Not allowing a tax increase is not the same as a tax cut not matter how the liberals want to spin it.
The day before and day after the taxes were the same, nothing was cut.
If he had let them expire then it would have been a tax increase.