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#9 | |
Playmaker
Join Date: Feb 2007
Location: Virginia Beach
Posts: 4,347
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Re: 2012 Presidential Election (free for all edition)
Quote:
"the latest version of the Ryan budget, which the House approved this spring, leaves the fate of capital gains taxes uncertain. The plan would change the income tax by moving from the current six rates to two — 10% and 25% — and would cut other taxes to the tune of $4.5 trillion over the next decade, over and above the tax cuts enacted under George W. Bush, which it would keep in place. But it makes no specific proposal about capital gains." The left doesn't mention Ryan's budget proposal also closes tax loopholes for the rich. It also lowers the rate for the middle-class. In all, Ryan’s budget spends $1.028 trillion during the upcoming fiscal year, less than the $1.047 trillion cap approved by Congress last year and built into Obama’s budget. In the long run, it reduces federal spending from 24 percent of the GDP to 20 percent by 2015 and will balance by 2040. But facts aren't good for Obama's re-election so the left will play the class-warfare card and many will unfortunately buy-in. Outright lie #1 from your link on Big Oil: "It ends the guarantee of decent insurance for senior citizens, breaking Medicare’s bedrock promise." I debuked this in an earlier post.
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"I would bet.....(if), an angel fairy came down and said, '[You can have anything] in the world you would like to own,' I wouldn't be surprised if you said a football club and particularly the Washington Redskins.'' — Jack Kent Cooke, 1996. |
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