Obama Stimulus Tax Cuts Begin April 1st; How Much Will We Save? »
Posted By ChangeToday 7 months, 2 weeks ago in NewsOn April 1st, 2009, we will begin to see the tax cuts that President Obama has worked so hard for. A bill that took what seems like forever to pass in Congress was signed into law by President Obama less than one month into his presidency. Obama made the following statement after signing the bill into law:
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SukiLawlietComment removed: Spammer, Hard Banned
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Charlson7 months, 2 weeks ago
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I really don't expect the tax cuts will matter that much to me, just like the Bush tax cuts. It's not a make or break deal. I favor putting more of the burden of paying taxes on the wealthy since they enjoy most of the benefits. The tax system is so skewed towards the rich that in the last thirty years we've seen the wealth of our nation being concentrated on the top five per cent of our citizens - the rich and powerful, who control three quarters of America's wealth.
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chevydog7 months, 1 week ago
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Over the years there have been more than a few tax cuts and packages aimed in doing what Prez O's is. The problem is that it takes time to implement them. The economy moves at such a speed that by the time these things are implemented they are often no longer needed. That's the basic argument I might have with Prez O's stimulus pagkage--that it doesn't do what it's purportedly aimed at, viz. getting money into the economy quickly. Some of the stuff it included was nice and some badly needed ; but quick?--not.
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As part of MO's share of the stimulus package, the new highway that comes to within 2 miles of my door will be extended to about a mile past. I love the road. It's been long needed; it saves me and my neighbors lots of driving time; and the areas along and near it are suitable for many kinds of businesses. But it won't be completed until late 2010. I guess the guys who were working on the previous segments will keep working on this; but it doesn't look to me like there'll be any new jobs. If one assumes that they would have had nothing to do otherwise and would have been unemployed, I guess you could call it job preservation. Personally, I'm skeptical of that.
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SUSIEHILL7 months, 1 week ago
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WHY ARE PEOPLE SO OBSESSED WITH QUESTIONING EVERY MOVE OBAMA MAKES, AND APPROVED OF EVERYTHING BUSH DID. BUSH HAS BROUGHT AMERICA TO ITS KNEES AND OBAMA IS REALLY TRYING TO AMERICA GREAT AGAIN. REAGAN STARTED THE STIMULOUS PROGRAM AND THE PEOPLE THOUGHT THAT WAS WONDERFUL, NOW WITH OBAMA IT IS NOT THE THING TO DO, WHAT GIVES HERE. PLEASE GIVE OUR PRESIDENT A CHANCE . DON'T BE SO READY TO CRITICIZE, LETS HELP HIM BRING OUR COUNTRY BACK. IF YOU TRULY CARE ABOUT AMERICA, STOP THE FEUDING AND LETS GET BACK WHERE WE NEED TO BE.
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SUSIEHILL7 months, 1 week ago
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WHY ARE PEOPLE SO OBSESSED WITH QUESTIONING EVERY MOVE OBAMA MAKES, AND APPROVED OF EVERYTHING BUSH DID. BUSH HAS BROUGHT AMERICA TO ITS KNEES AND OBAMA IS REALLY TRYING TO AMERICA GREAT AGAIN. REAGAN STARTED THE STIMULOUS PROGRAM AND THE PEOPLE THOUGHT THAT WAS WONDERFUL, NOW WITH OBAMA IT IS NOT THE THING TO DO, WHAT GIVES HERE. PLEASE GIVE OUR PRESIDENT A CHANCE . DON'T BE SO READY TO CRITICIZE, LETS HELP HIM BRING OUR COUNTRY BACK. IF YOU TRULY CARE ABOUT AMERICA, STOP THE FEUDING AND LETS GET BACK WHERE WE NEED TO BE.
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cuda68d7 months, 1 week ago
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TO: SUSIEHILL. YOU CANT FIX THE PROBLEM BY CREATING ANOTHER PROBLEM WHICH IS A BIG DEBT. AND HOW WILL THAT DEBT BE PAID BACK?? REMEMBER THE INTEREST ON THAT DEBT IS SUPER HIGH ALSO. SO WHAT WILL END UP HAPPENING IS OSBAMA WILL FOLD THE U.S.A. AND WILL BE THE SLAVES OF CHINA AND IF HE DID NOTHING WE CAN GET OUT OF IT ON OUR OWN WITH OUT THEM PUMPING MONEY INTO DEAD COMPANIES THAT DOESNT TRICKLE DOWN TO THE LITTLE GUYS (US) WHO ACTUALLY GO OUT AND SPEND. HE HASNT DONE CRAP OF WHAT HE CAMPAINED ON. THE DUDE WAS ONLY A SENATOR HE DIDT RUN NOTHING OR OVER SEE ANYTHING UNLIKE A MAYOR OR GOVENOR WHO ACTUALLY HAS TO MAKE THE CITY/STATE RUN CORRECTLY. A SENATOR ONLY VOTES YES OR NO AND HELPS COME UP WITH NEW LAWS AND RULES AND POLICIES AND WAYS TO MAKE MORE MONEY FOR THERE INTEREST FOR THE STATE AND THER OWN POCKET.
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