Home Arts & Entertainment Culture & Lifestyle Economy Food Health News & Politics Offbeat People Products Science & Technology Sports Travel

News & Politics

Rave

Obama Tax Cuts: Reforming America

Posted 34 months ago|10 comments|557 views

VIDEOS

TAGS

Obama , Taxes , IRS , April 15 , Reform

EXTERNAL LINKS

http://uk.reuters.com/article/... FLAG THIS LINK

Written by

TheLegendTomWing

Administrator
Philadelphia, PA

April 15, the dreaded day when Americans give up their hard-earned money to a large, inefficient, gluttonous government. Today, tea-parties were held to protest tax day and commemorating the Boston Tea Party. Obama, according to Reuters, will reform the tax code and IRS in two ways:

1. Obama emphasizes delivery of tax cuts

2. Says time to take on 'byzantine' U.S. tax code

Obama also discussed the economy, and attempted to campaign for his huge budget.

I think this is a good idea, fixing our tax code is a huge issue that has needing attention for years. Tax cuts alone won't do it. Nice job Obama.

... While you're at it, why don't you give some cuts to you budget!

EMAIL|FLAG THIS POST

To:

From:

COMMENTS

10 comments|ADD A COMMENT|JUMP TO MOST RECENT

TheLegendTomWing

Administrator
Philadelphia, PA

34 months ago: Also, check it out here: http://www.drudgereport.com/

FLAG THIS COMMENT

Jakarta99

34 months ago: I think I tend to agree here Tom. Tax cuts and any tax cut talk even is a good thing. It is always easy to increase money expenditures but the tough part is cutting back. We are in a position which to me calls for aggressive cutting back of expenditures (the pain will come sooner or later). This is the reason the Himalayan sized budget along with bailing out bad businesses just irks me. But lets see what happens since we seem to have little choice.

FLAG THIS COMMENT

The Cypress Gang

34 months ago: Jakarta. Did you not read all of the hype about how there has been massive cuts of useless/outdated programs/departments and spending in the budget? Don't hold me to the number but I thought I saw the administration using something like a 12 percent cut. The problem is that with all of the budgeted departments/programs that remain. There is a 19 percent in spending. Net Government spending gain 7 percent.

FLAG THIS COMMENT

TheLegendTomWing

Administrator
Philadelphia, PA

34 months ago: Also, many of the budget cuts aren't really budget cuts:

http://www.hulu.com/watch/67263/the-colbert-report-thu-apr-9-2009

Scary huh?

FLAG THIS COMMENT

The Cypress Gang

34 months ago: Finally! Allies that understand that numbers don't lie.
All of the written/printed mumbo jumbo and hype can be disected to any view. But, unless I'm wrong the first number is not 1 it is ZERO. I love Mathematicians!
No wonder nobody can figure out what is really happening.
They all start counting with one.

FLAG THIS COMMENT

The Cypress Gang

34 months ago: Which Capital? I'll be real open here. We are real tired of being thrown under the bus. Texas and Texans are some of the most open and welcoming people you will ever meet.

We are just tired.

FLAG THIS COMMENT

The Cypress Gang

34 months ago: MY BAD!

FLAG THIS COMMENT

Jakarta99

34 months ago: No Cypress I had not seen that info yet, thanks. I have little trouble believing it though. Maybe I think on to small of a scale but I imagine if the U.S were like my home and I came home and told the wife "Honey we are in deep financial trouble because we spent way more than we had. So to fix the problem we are going to spend twice as much as we have spent so far". I don't see it working in my house though I wish it would. How it is going to work for the country I can't really see. I know some of the "theories" but we are in new territory here where I find "theories" not very comforting.

FLAG THIS COMMENT

dangerranger

34 months ago: "Honey we are in deep financial trouble because we spent way more than we had. So to fix the problem we are going to spend twice as much as we have spent so far".

Ya, it sounds retarted like that. But if you say, "i'm going to spend money on things that will make money and make more money then i put into it and bail us out of debt" it sounds kinda awsome

FLAG THIS COMMENT

TheLegendTomWing

Administrator
Philadelphia, PA

34 months ago: Actually, it doesn't take a bunch of stimuli to stimulate an economy, it just takes faith from consumers. If consumers are spending, we're good, if they aren't we have an issue.

If everyone just went out and bought that one thing they really wanted we would be okay. A stimulus does nothing more than create faith. Creating jobs that we cannot afford to create doesn't make a lot of sense.

FLAG THIS COMMENT