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View Diary: Most expensive housing historian ever: Freddie Mac paid Newt Gingrich at least $1.6 million (106 comments)

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  •  I'm sorry. Which HW Bush tax cut offsets are you.. (0+ / 0-)

    ... referring to?

    The Top Marginal tax rate was raised under his administration, and no change was made to capital gains taxes.

    Regards,
    Corporate Dog

    -----
    We didn't elect Obama to be an expedient president. We elected him to be a great one. -- Eugene Robinson

    by Corporate Dog on Wed Nov 16, 2011 at 12:02:38 PM PST

    [ Parent ]

    •  The offset was gas taxes per you (0+ / 0-)

      In theory, there is no difference between theory and practice; but in practice, there always is a difference. - Yogi Berra

      by blue aardvark on Wed Nov 16, 2011 at 12:12:40 PM PST

      [ Parent ]

      •  You're not making much sense, here. (0+ / 0-)

        He initially wanted to raise gasoline taxes in a significant manner. He backed down on that, because Congressional Dems argued that it would unfairly impact the poor and working class.

        When he came back to the table it was with far more progressive tax increases.

        How does a plan that didn't get enacted constitute an offset?

        Regards,
        Corporate Dog

        -----
        We didn't elect Obama to be an expedient president. We elected him to be a great one. -- Eugene Robinson

        by Corporate Dog on Wed Nov 16, 2011 at 12:23:33 PM PST

        [ Parent ]

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