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Topic: Schumer: Gang of Eight Should
Snub Reagan-Style Tax Reform |
Schumer: Gang of Eight Should
Snub Reagan-Style Tax Reform
PJ Media, by Bridget Johnson
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Original Article
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Posted By:KarenJ1, 10/9/2012 12:47:27 PM
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| Sen. Chuck Schumer (D-N.Y.) told a press conference at the National Press Club today that the “old style” of tax reform thought — lowering rates and broadening the base by getting rid of loopholes — should be scrapped. “That approach has distinguished lineage. Ronald Reagan and the 1986 Democratic Congress invented it. Simpson-Bowles validated it. The gang of six endorsed it,” said the vice chairman of the Senate Democratic Conference. “But in the upcoming talks on the fiscal cliff, we ought to scrap it. The reason is simple, the old style of tax reform is obsolete
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Comments:
And Chuck Schumer always knows what he's talking about. s/o If he's against it I'm for it!
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Reply 1 - Posted by:
mickturn, 10/9/2012 12:50:04 PM (No. 8920628)
We don't think we want to play being shumed again...go away!
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Reply 2 - Posted by:
mitzi, 10/9/2012 12:53:24 PM (No. 8920641)
Okay - who left the door to Chuck's cage open?
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Reply 3 - Posted by:
FenwayFrank, 10/9/2012 12:55:12 PM (No. 8920719)
I nominate Schumer for Ambassador to Libya.
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Reply 4 - Posted by:
snowoutlaw, 10/9/2012 12:56:33 PM (No. 8920651)
Right. This time before raising taxes (ie. closing loopholes) cut out all the illegal liberal programs like EPA, NPR, ED etc.
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Reply 5 - Posted by:
Bloviate, 10/9/2012 12:56:42 PM (No. 8920654)
Getting rid of tax loopholes is what the libs really fear!
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Reply 6 - Posted by:
twinkle93, 10/9/2012 1:02:09 PM (No. 8920685)
Schumer is what is obsolete.
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Reply 7 - Posted by:
save America, 10/9/2012 1:02:38 PM (No. 8920688)
Chuck Schumer,you are obsolete.Old school democrats that can't even pass a budget,but they have their lips flapping because they know everything.We have had enough of you elite know it alls.Your day at the unemployment line is coming,and it could not come soon enough.
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Reply 8 - Posted by:
unagator, 10/9/2012 1:02:48 PM (No. 8920689)
So Schumer (D-Goldman Sachs) thinks a massively complex tax code is just the ticket for a prosperous middle class?
I am sure 10 out of 10 accountants would agree.
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Reply 9 - Posted by:
reilly, 10/9/2012 1:05:07 PM (No. 8920749)
Why haven't you passed a budget in three years, Chuckie? Talk about that.
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Reply 10 - Posted by:
qwertyuiop, 10/9/2012 1:22:02 PM (No. 8920805)
Chuck is wrong -- lower tax rates lead to higher tax revenues, just as they did in the 1980's. That said, give Schumer some credit for making a logical argument without a single mention of the evil rich. Can you imagine how 0bama would have made a speech on the same topic?
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Reply 11 - Posted by:
Nimby, 10/9/2012 1:22:38 PM (No. 8920807)
Schemer!!! Just go away!
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Reply 12 - Posted by:
hershey, 10/9/2012 1:32:33 PM (No. 8920840)
I nominate Schumer for head of the 'Gang of Stupid'...
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Reply 13 - Posted by:
Judith, 10/9/2012 1:58:56 PM (No. 8920902)
Will mccain be first in line to sign up for this?
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Reply 14 - Posted by:
JonR, 10/9/2012 2:09:14 PM (No. 8920931)
Schumer is the poster boy of scum that apathetic people elect to represent them! NY, you must be out of your damn mind electing fools like Schumer and Bloomberg!
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Reply 15 - Posted by:
K.I.S.S., 10/9/2012 2:10:20 PM (No. 8920934)
When will Schumer be investigated for the near collapse of the world's financial markets? Schumer wrote 2 letters regarding 2 California banks and both letters caused runs on those banks...this occurred prior to the 2008 Market crash, but I believe caused the crash. Schumer's intent (at whose direction?) was to assist Obama who was starting to slip against McCain. Like most Democrat gimmicks the scared investors would be soothed by an Obama wordy and magical speech...but instead the markets collapsed!!! American AND foreign investors...not to be confused by Wall Street insiders...paid attention to the California bank runs, figured out what "subprime mortgage" was and the ensuing nightmare is history. George Soros bragged he made $1Billion dollars after the 2008 collapse...what did he know? The Democrats in Congress made insider trading legal sometime in 2007...how much did they make off the 2008 collapse?
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Reply 16 - Posted by:
coldoc, 10/9/2012 2:27:21 PM (No. 8920971)
Someone turned on a camera where he could see it.
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Reply 17 - Posted by:
Blue-Z-Anna, 10/9/2012 2:42:44 PM (No. 8921014)
His last remark about 'income equality' is the tell.
Don't trust the "Levelers".
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Reply 18 - Posted by:
JoeUser, 10/9/2012 3:17:21 PM (No. 8921086)
Agreed, #18.
And, who gives a flip what Chuckie says, anyway? He's not the one that controls the calendar, that dipstick Reid does.
Reid is holding out until the lame duck session, so he can leverage whatever he can get, to get swag before he has to trundle back to Searchlight. It will surely hurt, whatever he extorts, but at least he'll be gone...
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Reply 19 - Posted by:
Beca, 10/9/2012 9:33:35 PM (No. 8921743)
Sucky chuckie. Shut up
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Reply 20 - Posted by:
NYbob, 10/9/2012 10:12:00 PM (No. 8921793)
#15, NYers keep electing this criminal because the NY Republican committee and the RNC can't seem to figure out what to do with the facts #16 mentions. Why they can't dig up the obvious and use it in Long Island and the rest of the state EVERY year between voting for senators is a mystery.
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