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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: MJ who wrote (166056)7/14/2011 3:35:59 PM
From: Wharf Rat  Read Replies (1) | Respond to of 542067
 
"What does Obama mean by 'new revenues'"
Eliminating deductions and subsidies, eg corporate jet loophole.



To: MJ who wrote (166056)7/14/2011 3:52:13 PM
From: JohnM  Read Replies (3) | Respond to of 542067
 
Is the presumption that the other 80% of any deficit reductions comes from 'old' revenues?

No, comes from spending cuts. As for the adjective "new" versus "old" to describe the revenues, I see that Wharfie has taken a cut at describing it to you. That's the "close the loopholes" argument.



To: MJ who wrote (166056)7/14/2011 3:52:17 PM
From: Cogito  Respond to of 542067
 
Never mind. ;-)


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