Skip to main content

View Diary: Obama should veto any 'Gang of 12' plan that doesn't effectively repeal Bush high-income tax cuts (167 comments)

Comment Preferences

  •  Excellent Idea (0+ / 0-)

    Actually McCain back in 2001 wanted to give everyone a rebate of $300 which was the 5% of the first $6,000 of income representing the insertion of the 10% bracket.  That would be and should have been the ONLY tax cut.

    This would have cost $40 Billion and if you are running a $250 Billion Surplus you could have given this back and still made plenty of debt payments.


Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site