Gang Of Six
http://www.forbes.com/feeds/ap/2011/07/19/general-us-debt-showdown-gang-of-six_8573053.html
Their solution to fix the Deficit is to F*ck people on Social Security. F*ck people on Medicare. F*ck the middle class.
While at the same time giving MORE tax cuts to the super rich. Somehow more tax cuts for the rich is going to fix the problem. Even though it didn't fix it in 2001, of 2003 or 2010.
The plan would -
It would curb the growth of Social Security benefits by moving to a lower inflation adjustment for annual cost-of-living updates.
So when Exxon raises the price of gas from $2.80 to $4.11 which causes the price of everything to go up your social security check isn't going to keep pace. Sorry old people....... F*ck you says your government......
The tax reform outline would set up three income tax rates: a bottom rate of 8-12 percent; a middle rate of 14-22 percent and top rate of 23-29 percent to replace the current system that has a bottom rate of 10 percent, with five additional rates topping out at 35 percent.
So the Super rich who are currently paying 35% (Used to be 38%) will now only have to pay 23%. That means even less money for the government. More money for the rich people. Somehow that is going to fix the deficit. Making rich people pay less taxes while poor (and old people) pay more will make all the problems go away. That is what they said in 2001, 2003, and 2010. It has been wrong everytime so hey lets keep doing it. Rich people need to be more rich.
It would reduce but not eliminate tax breaks on mortgage interest, higher-cost health plans, charitable deductions, retirement savings and tax credits for families with children.
Time to F*ck the middle class some more....... You currently deduct your mortgage interest. Sorry not going to be doing that anymore b*tches. You currently deduct your 401K contributions...... Sorry you are not going to be doing that anymore b*tches. You currently deduct your kids.... Sorry....no more b*tches. The middle class is going to take it in the AZZ!!!!!!!
Everyone in Washington thinks that is just great.
Their solution to fix the Deficit is to F*ck people on Social Security. F*ck people on Medicare. F*ck the middle class.
While at the same time giving MORE tax cuts to the super rich. Somehow more tax cuts for the rich is going to fix the problem. Even though it didn't fix it in 2001, of 2003 or 2010.
The plan would -
It would curb the growth of Social Security benefits by moving to a lower inflation adjustment for annual cost-of-living updates.
So when Exxon raises the price of gas from $2.80 to $4.11 which causes the price of everything to go up your social security check isn't going to keep pace. Sorry old people....... F*ck you says your government......
The tax reform outline would set up three income tax rates: a bottom rate of 8-12 percent; a middle rate of 14-22 percent and top rate of 23-29 percent to replace the current system that has a bottom rate of 10 percent, with five additional rates topping out at 35 percent.
So the Super rich who are currently paying 35% (Used to be 38%) will now only have to pay 23%. That means even less money for the government. More money for the rich people. Somehow that is going to fix the deficit. Making rich people pay less taxes while poor (and old people) pay more will make all the problems go away. That is what they said in 2001, 2003, and 2010. It has been wrong everytime so hey lets keep doing it. Rich people need to be more rich.
It would reduce but not eliminate tax breaks on mortgage interest, higher-cost health plans, charitable deductions, retirement savings and tax credits for families with children.
Time to F*ck the middle class some more....... You currently deduct your mortgage interest. Sorry not going to be doing that anymore b*tches. You currently deduct your 401K contributions...... Sorry you are not going to be doing that anymore b*tches. You currently deduct your kids.... Sorry....no more b*tches. The middle class is going to take it in the AZZ!!!!!!!
Everyone in Washington thinks that is just great.
posted by res17 at
July 20, 2011
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