Day: June 15, 2011

Categories
Politics Tax

Tim Pawlenty’s Policies Makes Bush Tax Cuts Look Liberal

Tim Pawlenty came out with his economic proposal, a financial calamity that would make the Bush Tax cuts look as if it was proposed by former Representative and ultra liberal Alan Grayson. Some of the numbers in the Pawlenty plan are:

  • Reducing the top individual income tax rate from 35% to 25%
  • Reducing the top Corporate tax rate from 25% to 15%
  • Completely eliminate capital gains taxes, taxes on dividends and interest, and the estate tax
  • Having just two income tax brackets, 10 percent and 25 percent

These drastic steps by Pawlenty are supposed to reduce the federal deficit, but according to the Tax Policy Center, the Congressional Budget Office and the IRS, even if all Pawlenty’s figures add up, revenue generated would be just 13.6 percent of GDP from 2013-2021, and equals a tax cut of $11 trillion over the same time. In comparison, the Bush’s tax cuts were three times smaller than what Pawlenty is proposing.

To put things into perspective, the nice folks at The Center on Budget and Policy Priorities did their research and came up with the following chart.

CBPP Tim Pawlenty's Policies Makes Bush Tax Cuts Look Liberal

Categories
Barack Obama gun Politics United States

Glenn Beck Insinuates Shooting President Obama

These days, it’s hard to be surprised by Glenn Beck’s antics. But his most recent attempt to grab the spotlight on his last few days at Fox News, really had me scratching my head. This is the same guy who once, when referring to congressional Democrats, told his viewers to “shoot them in the head.”

Well in this second attempt to incite some nut-job in his audience to commit the unthinkable, the Fox News host took to the television waves and after ranting about guns and his suggestion that the government is coming after gun owners, Beck asked the question, “why would you get a gun?” He then turns and points at a picture of President Obama.

Amazing that this idiot is still on television, or on any public media for that matter!

Categories
Michelle Obama Politics

Obama – My Family Is Fine With One Term

In an interview with NBC’s Today show, President Obama states that his wife and daughters would have been okay if he had decided not to run for a second term, saying;

“Michelle and the kids are wonderful in that if I said, `You know, guys, I want to do something different,’ They’d be fine. They’re not invested in daddy being president or my husband being president.”

The President said that the First Lady would be the first one to encourage him to do something “a little less stressful” if she didn’t believe that what he was doing was best for the country.

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