Ready for Taxmageddon? « The HabitableZone

Ready for Taxmageddon? September 27, 2012 4:34 pm TB

Unless something is done in the dark months between the election and the end of the year, annual taxes will go up almost half a billion dollars. Across the board.

Decisions are going to have to be made. Possibly by a lot of lame ducks. I have no doubt the House will vote to keep taxes low. The final decisions will be made by Obama and the Democratic Senate, which can simply ignore the House as it has for two years now, and spike any Democratic budgets from the President and Senate. As it has for more than two years now.

Interesting times.

The sky is falling, the sky is falling. by bowser 2012-09-27 18:06:21
- Like by BuckGalaxy 2012-09-27 21:11:31
Pretending again? by BuckGalaxy 2012-09-27 16:58:38
- How much will that new plan raise in annual revenue? by TB 2012-09-27 17:06:31
  - That will depend on what and grand bargain or tax reform looks like, now won't it? by BuckGalaxy 2012-09-27 17:17:09
    - Let's give some of those things a try. by TB 2012-09-27 17:53:04
      - Let's wrap this up by BuckGalaxy 2012-09-27 19:45:37
        
        You're not paying attention to the details of the tax hike. by TB 2012-09-27 20:26:45
        
        I'm fully aware of the middle class proporation by BuckGalaxy 2012-09-27 20:38:03
        
        Can we try to remember that deficits actually were at Bush-era levels during the Bush era? by TB 2012-09-27 20:42:47
        
        Not sure what your point is... Unless you are somehow trying to say Obama didn't inherit htis mess? by BuckGalaxy 2012-09-27 21:04:55
        
        When does the statute of limitations run out on that? by TB 2012-09-27 21:22:43
        
        Look at the graph by BuckGalaxy 2012-09-27 21:54:34
        
        Ah. Never. by TB 2012-09-27 22:20:24
        
        If you have I missed it. I usually only read a fraction of the posts here by BuckGalaxy 2012-09-28 00:53:24
        
        Sorry. by TB 2012-09-28 06:54:29
        
        So not a word about dramatically reduced revenues. Disappointing. by BuckGalaxy 2012-09-28 09:53:29
        
        Okay, let's talk revenues by TB 2012-09-28 10:20:20
        
        Blatant dishonety by BuckGalaxy 2012-09-28 10:36:50
        
        Math is hard. by TB 2012-09-28 11:19:40
        
        Let's not play stupid here by BuckGalaxy 2012-09-28 12:02:28
        
        Remember when the costs of the wars were excluded from the budget? by alcaray 2012-09-27 20:46:59
    - We should call their bluff. by ER 2012-09-27 17:48:26
      - Bravo! by BuckGalaxy 2012-09-27 20:59:28

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