Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (115527)	6/19/2012 12:51:19 AM
From: tejek	Respond to of 149317

The article did not speculate on that. The article I read did speculate on that very issue. I suspected your statement was innacurrate. It was not my statement that was innacurrate [sic]. I didn't make the statement initially.........I was simply responding to it. No sense spending time on that. Thanks. That's right. Whatever argument you think you are making is not being made because no crime has been committed. But you do get a C for effort.

To: tonto who wrote (115527)	6/20/2012 9:29:14 PM
From: ChinuSFO	Respond to of 149317

Congress is wasting taxpayers' money. Looks like they do not want to spend money to create jobs for people and instead either spend it to send weapons to Syrian rebels or to waste it on infighting. I will reserve my use of terms to describe Darell Issa. He doesn't belong to the 1%. He belongs to the 0.5% and hence does not feel the pain. He is one power hungry .......... (never mind) thedailybeast.com

To: tonto who wrote (115527)	6/20/2012 9:47:40 PM
From: tejek	Read Replies (2) \| Respond to of 149317

A windfall for the wealthy By Steve Benen - Wed Jun 20, 2012 2:53 PM EDT We talked earlier about a new report from the nonpartisan Tax Policy Center, which scrutinized the tax plan in the House Republican budget, crafted by Paul Ryan (R-Wis.), and endorsed by Mitt Romney. This afternoon, the specific analysis (pdf) was released, which allows us to dig a little deeper. Here, for example, is a chart I put together showing the net change in federal tax burdens by income group. The darker red shows the change for single workers; the lighter red shows the change for married couples filing jointly. In case this isn't obvious, the middle class would pay a little more every year, while the very wealthy would benefit enormously. In other words, if you liked the ineffective, budget-busting Bush/Cheney tax cuts, you'll love the Paul Ryan plan endorsed by Romney. The main difference: under the Ryan/Romney model, millions of middle-class workers will actually end up paying more in taxes. As for fiscal responsibility that Republicans occasionally pretend to care about, the Tax Policy Center's Roberton Williams added, "The Ryan plan as laid out is a revenue loser and would make it harder to bring the deficit under control." It's quite a plan, isn't it? A windfall for the rich, higher taxes on the middle class, and an increase in the deficit. As Josh Marshall joked, "What's not to love?"