- $1.5 trillion from tax reform/increases
- $800B from eliminating Bush tax cuts for wealthy
- $400B from ending deductions for the wealthy
- $300B from ending some corporate deductions
- $1.1 trillion from the end of the wars in Iraq and Afghanistan
- $580 billion in non-defense mandatory spending
- $250 billion from Medicare
- $72 billion from Medicaidhttp://www.businessinsider.com/obama-to-ask-super-committee-to-cut-3-trillion-from-deficit-including-15-trillion-in-tax-increases-2011-9
Sunday, September 18, 2011
Obama To Propose $1.5 Trillion In Tax Increases Tomorrow
The deficit plan by the numbers:
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So, we are all just barely able to keep our heads above water and Obama wants to shove a fire hose down our throats and turn it on full blast?
ReplyDeleteIf O. were serious about ending the Bush tax cuts, he could have refused to let them be extended when he had the power to do just that.
ReplyDeleteNow, he needs a Republican House to go along with him on tax increases—nearly impossible.
I'd say this is proof he has no real principles, but just wants to feather his cap for the election.
Your kidding rite ?? this will go no where. maybe .4 Trillion, but i doubt even that.
ReplyDeleteThis must be a joke...right?? Why don't they make it 4 quadrillion dollars. 1.5 trillion is lunatic talk.
ReplyDeleteWhere is this information from? I cannot believe that Obama will even propose ending the wars and taxing the filthy pirates who make all the money in this country.
ReplyDeleteMe neither defenestration,me neither! Interesting name you have there.
ReplyDelete