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Originally posted by VinceP1974
What do you think of Jim Demitt's bill in the Senate?
Originally posted by Gorman91
reply to post by HunkaHunka
Also France doesn't need to defend itself as much, they have energy independence,...
When I was campaigning, I made a promise that I would not raise your taxes if you made $250,000 a year or less. That's what I said. But I said that for people like myself, who make more than that, there's nothing wrong with me paying a little bit more in order to help people who've got a little bit less. That was my commitment. (Applause.)
So what I've said is -- so what I've said is let's, for example, just -- this is the solution that I originally proposed; some members in Congress disagree, but we're still working it through -- what I've said is we could lower the itemized deductions that I can take on my income tax returns every year so that instead of me getting 36 percent, 35 percent deductions, I'll just get 28 percent, like people who make less money than me.
If I'm writing a check to my local church, I don't know why Uncle Sam should be giving me a bigger tax break than the person who makes less money than me, because that donation means just as much. (Applause.) If we just did that alone -- just that change alone, for people making more than $250,000, that alone would pay for the health care we're talking about. (Applause.)
So my point is -- my point is, number one, two-thirds of the money we can obtain just from eliminating waste and inefficiencies. And the Congressional Budget Office has agreed with that; this is not something I'm just making up; Republicans don't dispute it. And then the other third we would have to find additional revenue, but it wouldn't come on the backs of the middle class.
Originally posted by anyone
Originally posted by VinceP1974
What do you think of Jim Demitt's bill in the Senate?
I am honestly not too familiar but basically the guy thinks the deficit is going to explode, right, because of this?
I think this is coming from a Republican who doesn't want to raise taxes on the rich.
?
You seem like a typical ignorant college indoctrinated leftist drone.