re: Thomas Gallatin: Obama Doubled Your Healthcare Premium

quote:

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Do tell.

Just please no reference to the recent Pocahontas/Summers' embarrassment

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Don't know what you are referring to, but you don't need any of that. Just simple addition and subtraction skills, basic accounting knowledge, and some logic.

They used their farcical 2 trillion dollar revenue projection twice, once to pay for tax cuts, and then again to help balance the budget.

It doesn't work that way.

Within that framework they do things that don't add up, like claim to end estate taxation completely in the tax plan.....Yet gain 300 billion in estate tax revenue in their budget projection???? Huh?

I don't care how drunk the Laffer wine got you, a 0% tax rate on a certain item can not generate any tax revenue from that item. Just not possible. Pick whatever number you want and times it by 0 and the result is, your guessed it, zero.

And despite that the budget STILL couldn't get the thing to balance over a decade.

Which is in part why it is DOA even with Republican control of the legislature.