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U.S. Treasury Secretary Timothy Geithner said the government needed to show the will to reverse deficits after the recovery, and would have to make some "hard choices" about whether this may include increasing tax revenues.
"We have to bring them down to a level where the amount we're borrowing from the world is stable at a reasonable level," Geithner said on ABC's "This Week with George Stephanopoulos."
"And that's going to requiresome very hard choices. And we're going to have to do that in a way that does not add unfairly to the burdens that the average American already faces."
Asked if he could rule out new taxes, Geithner said, "I think what the country needs to do is to understand that we will do what it takes" to bring deficits down
I don't see how Obama can bring the deficit down when he wants his ObamaCARE.
He needs to understand that he can't spend money to keep the country from being bankrupted. It's a lie when Obama and his cohorts say that they don't want to TAX 'middile class'.
The city of Clearwater can no longer afford to fly the American flag.
Clearwater's parks and recreation director ordered the removal of 13 flagpoles from across the city this week saying budget cuts have made it impossible to properly care for the flags.
This is weird.
Please go to post #8 in this thread for new proposed tax bills.
Last edited by NEPatriot; 08-02-2009 at 03:59 PM..
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"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."
Face-lifts, tummy tucks and hair transplants could be hit with a new tax to help finance the trillion-dollar healthcare overhaul plan, according to sources familiar with the Senate talks.
The Senate Finance Committee has discussed imposing a 10 percent excise tax on cosmetic surgery deemed unnecessary for medical purposes. The idea was broached in a meeting with OMB Director Orszag in mid-July, after which Senate Finance Chairman Max Baucus told reporters he had heard some "interesting," "creative," and "kind of fun" ideas.
Oregon Rep. Earl Blumenauer has proposed legislation calling on a federal agency to define toilet paper.
Really. It says it right in the bill, the “Water Resources Protection Act” (I know, I know — you were expecting it to be called the Protecting Infrastructure and Sewer Systems Act):
‘‘SEC. 4172. DEFINITIONS AND SPECIAL RULE.
‘(b) WATER DISPOSAL PRODUCT. — For purposes of this subchapter —
(4) TOILET TISSUE. — The term ‘toilet tissue’ means toilet tissue, as determined under regulations prescribed by the Secretary.”
No, it’s not as silly as it sounds. It’s sillier.
The rulemaking to define what rises to the level of a bottom-wipe is in the name of a good cause: to tax the stuff. The current band of feds don’t think you’ve paid enough tax — this has been established ad nauseum — and now want a dedicated revenue, er, stream, to pay to replace corroded pipes and overburdened sewer sytems nationwide.
We know what else is involved in the confines of the rest room so, naturally, there’s a “climate change mitigation” section as well though, upon initial scrutiny, it isn’t as invasive as the context indicates should be the case.
It actually gets even more inane: in addition to adding a “3% excise tax on items disposed of in wastewater, such as toothpaste, cosmetics, toilet paper and cooking oil [because these] products wind up in the water stream and require clean up by sewage treatment plants,” according to Blumenauer’s Fact Sheet, water-based beverages, which actually hit the infrastructure both coming and, ah, going (as anyone who’s ever stood in line at a sporting event knows). So, those are hit with a four-cent per-container excise tax. Feeling flush yet?
New Democrats' ideas of taxing people are emerging right now.
Last edited by NEPatriot; 08-02-2009 at 03:53 PM..