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Crisis Averted – Obankster’s Cronies Got Their Bag Money

Home - by - January 6, 2013 - 19:00 America/New_York - 4 Comments

Blogroll Sunday – Blog Selected From Right Wing News’ Blogroll

Betsy’s Page

There is more money in corporate tax breaks in the fiscal cliff agreement than revenue scheduled to be gained from the tax hikes on the rich. Timothy Carney has run the numbers.

There are corporate benefits for liquor companies, green-energy companies, and Hollywood studios and other groups whose lobbyists were successful. Kinda cozy how that all worked out, isn’t it?

Distillers are able to drink to a $222 million rum tax rebate. Perhaps this will help to finance more of those fabulous Bacardi TV ads with all those beautiful rich people. Businesses located on Indian reservations will receive $222 million in accelerated depreciation. And there are breaks for railroads, “New York Liberty Zone” bonds and so much more.

Read the entire debacle HERE



  1. Rage against the ObamaRegime

    January 6th, 2013

    If this doesn’t make Oblome’s agenda “clear” nothing does.

    Thumb up +1

  2. Menderman

    January 6th, 2013

    In a nutshell, what we got was a tax increase on the regular Joe. And to top it off, we increased spending. And what that means is regular Joe will get more tax increases, especially if Joe is like me and self employed…I get hit twice by the other side of FICA…not to mention the obamacare tax hikes.

    I do see a silver lining in the cloud though, It seems that I will be joining Ann B in her tax strike. I won’t make enough to file this year at the rate things are going the past few months.

    Ain’t America just grand! I found a way to legally not pay taxes!

    Thumb up +1

  3. F.D.R. in Hell

    January 6th, 2013

    The Once And Future Fuehrer :evil:

    Thumb up +1

  4. Bad Brad

    January 6th, 2013

    ” It seems that I will be joining Ann B in her tax strike”

    Yea that will work. Ask Ann how that’s working out. Was a damn good idea, probably should have waited for a few more participants. But it is getting there. Very slowly.

    Thumb up +1