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Kenneth The Intern Responds To Bobby Jindal
February 26th, 2009
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Oliver Willis
Like Kryptonite To Stupid
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It couldn’t have happened to a nicer Bircher
Today’s must read:
The 2% Solution
President Obama has laid out the most ambitious and expensive domestic agenda since LBJ, and now all he has to do is figure out how to pay for it. On Tuesday, he left the impression that we need merely end “tax breaks for the wealthiest 2% of Americans,” and he promised that households earning less than $250,000 won’t see their taxes increased by “one single dime.”
This is going to be some trick…..
…..Mr. Obama is very good at portraying his agenda as nothing more than center-left pragmatism. But pragmatists don’t ignore the data. And the reality is that the only way to pay for Mr. Obama’s ambitions is to reach ever deeper into the pockets of the American middle class.
——————–
‘Your money, people. Give us your money. When we want your stinking opinions, we’ll let you know. Until then, just buck up and STFU, you stinking rat-bastard capitalist pigs.’
On Tuesday, he left the impression that we need merely end “tax breaks for the wealthiest 2% of Americans,” and he promised that households earning less than $250,000 won’t see their taxes increased by “one single dime.”
As he has said since the campaign started. Seriously, have you not been paying any attention at all?
Next thing you’re gonna tell me his preacher is a bit of a bloviator.
About the not one single dime, Duros, we’ll see if Robin Hood can pull it off with just those above $250,000 threshhold.
Obama wants to raise money via pollution caps, give to poor…
According to the Times, which cites unnamed administration officials, Obama’s budget will also propose reducing the tax benefit of itemizing deductions, a move that would mostly affect wealthy Americans
BTW, because August doesn’t have comments, I just want to tell him that this
made my day so far.
Dennis, we get it. You’re a-skeered of Obama. Settle down, it’ll be okay.
Yeah, about that $250,000 promise: it didn’t even last 24 hours. That’s Kerry-esque.
Let’s see.
Reorganize rental incomes through new LLCs. CHECK!
Make sure year-end incomes are delayed to the next year CHECK!
Review filing separately as opposed to jointly. CHECK!
Form new corp/LLC to absorb some income sources. CHECK!
$249,001 Piece of cake!
Wow, this thread became about tax fraud so quickly that I hardly noticed that it was supposed to be about a comedy sketch.
Yeah, about that $250,000 promise: it didn’t even last 24 hours.
So if we look at AGI instead of total earnings, AND if we assume the taxpayer in question is taking a home mortgage interest dedcution, then the value of the deduction will decrease by $70.
You’re taking a victory lap for that?
Oh yeah, I forgot this: We also have to assume that the lower boundary of the 33 percent tax bracket remains at the 2009 breakpoint (again in AGI, not total earnings) into the indefinite future.
Yep. Sounds like you caught ol’ Obammy tryin’ to sneak one by us, allright allright.
@Dennis, re: today’s “must read.”
You really can’t tell when you’re being played, can you?
The writer argues against a proposition that no one, especially not Mr. Obama, is making. Absolutely no one is suggesting that the rollback of Bush era tax cuts will wipe out the budget deficit. And no one at all is suggesting that income taxes on the top 2% should cover the entire federal budget.
So what, exactly, makes this a “must read” in your opinion?
I’m surprised to see so many right-wing economics professors here. I’m in awe of your economic prowess!
Constitutional law professor and now President Obama’s Columbia and Harvard education is obviously no match for your insightfull economic opinions. I hope Paul Krugman doesn’t run in to you guys because he’ll have to humble himself in your all-knowing presence.
Your wisdom is on par with your masters, Rush Limbaugh and the Fox News cabal.
Quaker gets partial credit. Obama does claim that cutting spending will be needed to balance the budget. Trouble is, finding a cut, any cut, in Obama’s budget is a fool’s errand.
Just another broken promise. Sensing a pattern, I am.
Trouble is, finding a cut, any cut, in Obama’s budget is a fool’s errand.
Why do I have to do everything?
Try looking under farm subsidies.
Here’s another way the WSJ opinion page plays you for suckers:
They forget to tell why this is relevant to Mr. Obama’s budget plan. He’s counting on economic recovery to do what? Anyone? Anyone?
That’s right, Mr. Farris, an economic recovery will grow the GDP! As a good conservative, you should be able to tell us what happens to government revenues when you grow the GDP.
What do you know? I didn’t even have to read all the way to the bottom of the very first summary table to find support for what I wrote, above, about GDP growth.
It seems Mr. Obama is projecting a little more than 60 percent growth in GDP over the next 10 years. How do you suppose that works into his budget plan, Mr. Farris?
joaquin said
“Let’s see.
Reorganize rental incomes through new LLCs. CHECK!
Make sure year-end incomes are delayed to the next year CHECK!
Review filing separately as opposed to jointly. CHECK!
Form new corp/LLC to absorb some income sources. CHECK!”
So you agree that there are no new taxes on small business then?
Hey peeps, look WAAAY up there at the top of the post. It’s about Bobby Jindal, not Obama’s tax plan. And hewing to that theme, whoa, let’s hope Jindal and Palin run in 2012. It would be like shooting wolves from a helicopter, with a machine gun, to coin a phrase.
Dennis, you could always get your own blog so we wouldn’t have to visit it, and then you could choose the subjects yourself. You could call it “Red Herr-angue.”
Shorter O-dub wingnut trolls:
WHA-WHA-WHAAAAAAAAA!
The Bobby Jindal is So-Totally Kenneth the Page meme is the best thing to happen so far this calendar year.
Mr. Obama is of course counting on an economic recovery.
So let me get this straight. Obama is counting on an economic recovery to accomplish his goals but at the same time, he’s talking down the economy in order to push America towards communism.
You guys are beyond mere tools, you’re like Craftsman stainless steal tools.