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View Diary: Breaking: CBO Just Scored the Boehner Tax Bill: Major Fail!! (59 comments)

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  •  Would Increase National Debt Almost $250 Billion (4+ / 0-)

    over current budget assumptions in 2012-2014.

    The net increase on the nation debt through 2016 would be $168,337 Billion (over current budget assumptions.)

    It's also interesting that revenue decreases show a spike in 2014 with the repeal of the Corporate Tax Timing Shift  - reducing revenue by almost $29 Billion - but then show a spike back up in 2016 of almost $28 Billion (a result of the same change).

    Can't you just hear it now, in the run-up to the 2016 election, how the 'tax increase' (similar to the increases threatened by failure to extend Bush's 'temporary' tax cuts) to our 'hard working tax paying businesses' will kill jobs and threaten the slowly emerging recovery from the Recession of 2009-2015.   What do you think the chances are that they'd allow that $28 Billion reversion to stick?

    Bah.  Another Wimpy-Syndrome Tax Cut.  (They'll gladly pay us back in 2016 for a tax cut in 2014 - right.)

    Someone in a very expensive suit is at the front door and says he wants to foreclose on our democracy. Where should I tell him he can put his robosigning pen?

    by Into The Woods on Fri Dec 09, 2011 at 04:18:25 PM PST

    [ Parent ]

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