OSUBlazerfan
Writing Team
- Joined
- Jul 13, 2009
- Messages
- 6,918
- Likes
- 1,671
- Points
- 113
What is the probablity that the Bush Tax Cuts will NOT Expire?
anybody have an educated guess?
anybody have an educated guess?
Question for the Political Experts
- Thread starter OSUBlazerfan
- Start date
Welcome to our community
Be a part of something great, join today!
- Joined
- Sep 15, 2008
- Messages
- 34,557
- Likes
- 25,731
- Points
- 113
There's really 3 possibilities here: they expire, they are extended for everyone, or they are extended for those below some income level.
Seems the R's want (b), and the Dems want (c). Thus, (a) seems like a good bet.
barfo
Seems the R's want (b), and the Dems want (c). Thus, (a) seems like a good bet.
barfo
bluefrog
Go Blazers, GO!
- Joined
- Sep 23, 2008
- Messages
- 1,964
- Likes
- 81
- Points
- 48
You're moving to Costa Rica?
maxiep
RIP Dr. Jack
- Joined
- Sep 12, 2008
- Messages
- 28,321
- Likes
- 5,919
- Points
- 113
Taking any capital gains before Jan 1st. Restructuring compensation structures to try to avoid taxation. Deferring R&M on properties to reduce net income in future years. Pretty boring stuff, but it just shows that the behavior of businesses and individuals will change according to tax policy. Therefore, with a higher tax rate, you're likely to get lower tax revenue. Art Laffer wasn't wrong.
EL PRESIDENTE
Username Retired in Honor of Lanny.
- Joined
- Feb 15, 2010
- Messages
- 50,346
- Likes
- 22,533
- Points
- 113
I am a political expert ( 
) and they will expire.
) and they will expire.BLAZER PROPHET
Well-Known Member
- Joined
- Sep 15, 2008
- Messages
- 18,725
- Likes
- 191
- Points
- 63
It's a good question.
Obama seems completely resilient to criticism. He's going to do what he's going to do regardless of how popular or unpopular it may be. And since Pelosi is a 100% safe bet to win her seat every election, she walks in lock step with Obama (or he with her- sometimes it's hard to tell). Both want and need the increased taxes badly due to how far they increased the national debt. Therefore, I think they will simply let the Bush tax cuts expire quietly. The political damage will be minimal for Pelosi, but could haunt Obama.
Obama seems completely resilient to criticism. He's going to do what he's going to do regardless of how popular or unpopular it may be. And since Pelosi is a 100% safe bet to win her seat every election, she walks in lock step with Obama (or he with her- sometimes it's hard to tell). Both want and need the increased taxes badly due to how far they increased the national debt. Therefore, I think they will simply let the Bush tax cuts expire quietly. The political damage will be minimal for Pelosi, but could haunt Obama.
GriLtCheeZ
"Well, I'm not lookin' for trouble."
- Joined
- Oct 15, 2008
- Messages
- 5,493
- Likes
- 2,932
- Points
- 113
Obama will compitulate once again. Book it!
OSUBlazerfan
Writing Team
- Joined
- Jul 13, 2009
- Messages
- 6,918
- Likes
- 1,671
- Points
- 113
Hmm, looks like they will be extended for EVERYONE in the short term, looks like in August this didnt look so viable, good to see a deal struck
BLAZER PROPHET
Well-Known Member
- Joined
- Sep 15, 2008
- Messages
- 18,725
- Likes
- 191
- Points
- 63
Agreed.
Eastoff
But it was a beginning.
- Joined
- Jun 17, 2009
- Messages
- 16,100
- Likes
- 4,105
- Points
- 113
you were wrong about obama. :smug:
