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Obama's "Debt Failsafe Trigger" Just Code for Tax Hikes



May 6, 2011

Apple’s now-ubiquitous catchphrase, “there’s an app for that,” is one of the truer advertising pitches I’ve heard in a long time. There really is an app for literally everything, from the useful, like Shazam which allows you to identify any song that’s playing, to the addictive (I’m looking at you Angry Birds), to the downright absurd, does anyone really need Pocket Girlfriend? Now the Obama Administration has decided to follow much the marketing strategy as Apple. Problem? There’s a commission for that!

Yes, in Washington there is simply no problem that cannot be solved by talking about it…a lot. This has become no clearer than in President Obama’s “attempt” to eliminate our deficit. First, he created a bipartisan deficit commission to identify savings in the budget and come up with a plan to achieve fiscal sustainability. They came up with a plan. Obama promptly put together a budget that completely ignored it. Fast forward six months and we’re facing the same problems. Obama’s solution? A commission, this time to be chaired by Vice President Joe Biden.

Apparently when President Obama doesn’t like his hand he simply demands that the deck be reshuffled and dealt again.

The new commission is off to an ominous start. The Hill reports

“Assistant House Minority Leader James Clyburn (D-SC), who will participate in debt-reduction talks with Vice President Joe Biden Thursday, said Wednesday that a debt failsafe trigger is a “good starting point” for a compromise over the raising of the nation’s debt ceiling.”

The abstrusely-named “debt failsafe trigger” is a clever maneuver to raise taxes, even for Washington’s standards. The provision would specify certain targets for deficit reduction, which if not met, would trigger spending cuts and tax increases. What’s especially clever is that it will allow taxes to be raised automatically, without a vote!

Dick Morris cleverly labeled it “the immaculate conception tax increase.” And it could be just the miracle Democrats need to institute higher taxes without having to answer to already-overburdened taxpayers.

If you haven’t noticed Washington has not exactly been a paragon of fiscal conservatism over the past several decades. Every year they say they’ll spend less yet deficits and debt have steadily grown. Given that reality, a scheme that automatically raises taxes if Washington continue its spending spree seems like a surefire way to take the burden off politicians and place it squarely on the backs of taxpayers.

Not only is it a direct path to higher taxes, it prevents taxpayers from knowing who to blame. Since taxes will be raised automatically, and not by vote, legislators are protected from having to explain why they chose to raise taxes. As the anger of taxpayers shoots through the roof, Washington can collectively throw its hands in the air and chant “who me?”

Yes you! Americans won’t be fooled by this blatant attempt to appear concerned about the deficit while simultaneously funding increases in the size of government. The “debt failsafe trigger” may sound like a sophisticated silver-bullet that can cure all of Washington’s ills, but I’m not buying. Not even if it was only 99 cents in the App Store.


 

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Submitted by TheThirdCell at: May 11, 2011
Do me a favor and shut up and pay your fair share of taxes. This website is nothing more than a mouthpiece for the wealthy and corporations. Don't you have enough lobbyists in Congress to do that? Please just SHUT UP LIARS!

Submitted by MWolfe at: May 10, 2011
HERE'S AN IDEA: Lower prices based on your current low taxes. Prices have increased with lower taxes. Nobody believes you anymore. we give billions of subsidies and they have raised prices. Unfortunately, the educated doesnt believe you anymore

Submitted by Publius at: May 10, 2011
Dear Nolie, Maybe NTU's supporters have better things to do than troll the Internet spamming message boards. As for you wanting to pay more taxes, why don't you? You can send a check to the Treasury for any amount you want and they will take it. Why be limited by the Tax Code? Give whatever you want -- as long as it's your money not mine.

Submitted by Babesie at: May 9, 2011
Ignorant people listen to the garbage you spew. Obama is doing this for the future of America. You fat cats need to rid yourselves of your SUV's and cut down the need for foreigh oil.

Submitted by Tax the rich at: May 9, 2011
Your not on the side of any taxpayer you are on the side of the ultra rich! And i hope Obama tax's the life out of your Big Oil ass PAY YOUR TAX'S LIKE THE REST OF US

Submitted by nolie at: May 9, 2011
I love all these comments! Where are all the supporters of the "NTU?" I love that they included union in the name to make it sound more democratic. I would love to pay more taxes. Better education, better health care, clean energy. Let's go!

Submitted by doublet at: May 9, 2011
Your ads don't give any solutions, just gripes. I think you are all close relatives of Rush and Glen.

Submitted by gail at: May 9, 2011
NONPARTISAN???? WHO ARE YOU KIDDING, YOU ARE JUST ANOTHER OBAMA HATER. WE ALL WANT FEMA TO HELP, THE FEDS TO BALE US OUT,,,BOTH BUSINESS AND STATES,,BUT YOU JUST JUST HATE TAXES. I WAS APPALLED BY FISHERMAN WHO WERE HURT IN THE GULF, WHO ADMITTED NOT PAYING TAXES, BUT WANTED THE GOVERNMENT TO BE RESPONSIBLE TO PAY THEM. ABSOLUTELY CRAZY. SIGN OFF ANY FUTURE HELP OR BENEFITS,,,AND MAYBE I WOULD BELIEVE YOU

Submitted by Jollyjohn at: May 9, 2011
The USA is the most undert5axed of all the develped nations. We also have the worst health care. Highest rate of infant mortality and more people in prison. Lets hike the tax rate for anyone making more than 200k by an increase of 30%. Eliminate tax loopholes and stuff the trumpeting of thes Publican Bull Elephants

Submitted by Mike at: May 9, 2011
This site is just another Right-Wing bag of lies! Get a grip, big oil and all the top 1% get all the tax breaks while hard working middle class gets a fisting! FAQ GOP Scum!

Submitted by buddhaprince at: May 9, 2011
Tell all the G-D astro-turfers, like this site and the Koch brothers to pay their taxes and stop using loop-holes. I HATE ASTRO-TURFING, LIKE THIS SITE!!!!!!

Submitted by olyfreeoli at: May 7, 2011
ALL IS WELL MY FRIENDS !!! WE KNOW TAXES ARE AT AN ALL TIME LOW FOR EVERYONE DESPITE THAT THE U.S. IS CARRYING ON WITH 2 WARS COPING WITH THE WORST U.S. FINANCIAL CONDITIONS IN DECADES WHICH THE REPUBLICANS AND A FEW DEMORCATES ARE RESPONSIBLE FOR. SUBSIDIZING OIL COMPANIES THAT ARE NOW ENJOYING RECORD PROFITS, GIVING TAX BREAKS TO CORPORATE AMERICAN COMPANIES (INCLUDING BANKS, INSURANCE, PHARMACEUTICAL, MILITARY INDUSTRIAL COMPLEX, COMPANIES) AND THE WEALTHY BARONS, ALL ALONG, WANTING THE WORKING CLASS TO TAKE LOWER WAGES AND WORK LONGER HOURS TO MAKE UP FOR WHAT ALL THE OTHERS ARE NOT WILLING TO CONTRIBUTE, THIS IS WHAT MAKES IT HARD FOR ME TO SWALLOW. YES WE LIVE IN THE LAND OF THE FREE. DOESN’T MEAN EVERYTHING IS FREE! AS A NATION AND PEOPLE, PAYING TAXES IS ONE WAY TO PAY FOR THAT FREEDOM AND EVERYTHING ELSE WE LOVE ABOUT AMERICA. WE KNOW FREEDOM IS NOT FREE. CAN YOU IMAGINE, NOT HAVING ENOUGH MONEY TO PAY THE ELITE SEAL 6 TO GET OSAMA BIN LADEN? THE VERY SADDEST POINT ---THE WEALTHY AND CORPORATE AMERICA DON’T WANT TO PAY FOR THAT FREEDOM---- THEY WANT EVERYONE ELSE TO. WE DO NOT HAVE A REVENUE OR SPENDING PROBLEM. WE HAVE A PRIORITY PROBLEM. CORPORATIONS WANT ALL THE PRIVILGES OF AN INDIVIDUAL WITHOUT THE RESPONSIBLILITIES OF AN INDIVIDUAL.

Submitted by Sky King at: May 6, 2011
Seems like your lying con game of false advertising is not working. Not for working, thinking, Patriotic Americans. The oil zillionairs should be paying taxes -- NOT getting them in form of subsidies.

Submitted by Joyce at: May 6, 2011
Wish could fire them all..immediately...we can screw up ourselves without hiring people to do it for us and prob. not do as bad a job at it as they do and be a whole lot wealthier.

Submitted by Patriotic American at: May 6, 2011
To quote Brandon Greife, "Americans won't be fooled" Yes, we will not be fooled by this blatant right wing propaganda.

Submitted by OilBaron at: May 6, 2011
Your ad campaign is nothing but a LIE! Erasing subsidies to oil companies which gouging the American taxpayers at the gas pump is not a tax increase. It is BALANCE! You should be ASHAMED but FAT chance of expecting that from shameless LIARS!

Submitted by Geo at: May 6, 2011
Was just researching how much we lose in taxes, and how much we give oil companies in subsidies when the NTU ad played on MSNBC. Great timing! Thinking you had better keep lobbying on behalf of "big oil" b/c voters like me are becoming more and more aware that "big oil" has a VERY sweet tax break/tax subsidy deal. Americans are out-of-work/suffering, and oil companies have record profits! Yesterday I saw who/how much you donate to politicians...mostly Republicans...in order to ensure contuing tax breaks/obscene profits. Now...I'm pissed!!