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rushmc

Fiscal Cliff My Ass

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http://washingtonexaminer.com/tim-carney-how-corporate-tax-credits-got-in-the-cliff-deal/article/2517397#.UOTgA6Mlcsu

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The "fiscal cliff" legislation passed this week included $76 billion in special-interest tax credits for the likes of General Electric, Hollywood and even Captain Morgan. But these subsidies weren't the fruit of eleventh-hour lobbying conducted on the cliff's edge -- they were crafted back in August in a Senate committee, and they sat dormant until the White House reportedly insisted on them this week.

The Family and Business Tax Cut Certainty Act of 2012, which passed through the Senate Finance Committee in August, was copied and pasted into the fiscal cliff legislation, yielding a victory for biotech companies, wind-turbine-makers, biodiesel producers, film studios -- and their lobbyists. So, if you're wondering how algae subsidies became part of a must-pass package to avert the dreaded fiscal cliff, credit the Biotechnology Industry Organization's lobbying last summer.



what you get when you vote on a 154 page bill that is in chambers for 3 minutes

Bastards

INCLUDING THE GOP
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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God bless anyone that can understand that legal garbage. I got through about 15 pages and threw up.



There are lots of bennies for special interests, Marc only listed the ones HE disapproves of.

Special interests have bought and paid for our government.

Government of the people, by the wealthy, for the wealthy.
...

The only sure way to survive a canopy collision is not to have one.

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God bless anyone that can understand that legal garbage. I got through about 15 pages and threw up.



There are lots of bennies for special interests, Marc only listed the ones HE disapproves of.

Special interests have bought and paid for our government.

Government of the people, by the wealthy, for the wealthy.



You must really like this new deal

Why?

First, the asset rich have seen no increase in their taxes in this bill. The only increases are to income.

Capital gains and the kind of income hedge fund operators get saw now change

So Buffet and the rest stay rich while insuring it is harder for anyone else to get there
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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There are lots of bennies for special interests, Marc only listed the ones HE disapproves of.

Special interests have bought and paid for our government.

Government of the people, by the wealthy, for the wealthy.



+1 This crap just makes me ill...
http://www.huffingtonpost.com/2013/01/02/fiscal-cliff-wall-street_n_2397933.html?ncid=webmail1

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God bless anyone that can understand that legal garbage. I got through about 15 pages and threw up.



There are lots of bennies for special interests, Marc only listed the ones HE disapproves of.

Special interests have bought and paid for our government.

Government of the people, by the wealthy, for the wealthy.



You must really like this new deal

Why?

First, the asset rich have seen no increase in their taxes in this bill. The only increases are to income.

Capital gains and the kind of income hedge fund operators get saw now change



Wrong again. Capital gains and dividends will rise to 20 percent from the current 15 percent for the same income thresholds as earned income. Still too low, the source of income shouldn't matter.
...

The only sure way to survive a canopy collision is not to have one.

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