"Bipartisan support builds for Gang of Six $3.7 trillion deficit-reduction package"

[WinkyDink]

President Obama joined Democratic and Republican senators Tuesday in offering support for a $3.7 trillion deficit-reduction plan announced that morning by the five remaining members of the Gang of Six.

Sen. Tom Coburn (R-Okla.), who had pulled out of the Gang of Six in May, also rejoined the group and praised the plan as something that could win the 60 votes needed to pass the Senate.

“The plan has moved significantly, and it’s where we need to be — and it’s a start,” Coburn said. “This doesn’t solve our problems, but it creates the way forward where we can solve our problems.”
http://thehill.com/blogs/on-the-money/budget/172189-coburn-rejoins-gang-of-six-backs-37t-deficit-reduction-plan
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[HughBeaumont]

1. You know, because THAT's what the already ridiculously rich need to cure their "uncertainty" . . .

. . . YET ANOTHER REAGAN-SIZED REDUCTION IN TAXES!!!

In two months, this will be their new "bar":

"You know . . . . I'm still feeling a little . . . uncertain. Not sure if these tax cuts are . . . LOW enough. I'm thinking they should be around 18 . . . no . . . FIFTEEN percent. We'll just make the workers pay for it . . . after we lay a few hundred thousand of them off just to show them who the fuck is BOSS around here."

[WinkyDink]

2. End-game = Flat Tax.

[badtoworse]

5. I like the idea of a flat tax

No deductions - tax is based on gross income. The objective of a tax should be to raise revenue and that is all.

[WinkyDink]

6. I'm against any plan favored by Dick Armey and Steve Forbes.

[badtoworse]

7. I make up my own mind on issues

Conservatives aren't always wrong and Progressives don't always get it right. A great deal of the corruption in the Federal Government is centered around trying to manipulate the tax code. A flat tax with no deductions would eliminate that. That is strong argument in its favor.

[mmonk]

3. This seems to me like the end game all along.

[fasttense]

4. Tax give aways to the uber rich paid for by starving and freezing grandmothers.

Shared sacrifice my ass.