45 votes

5 Things You Won't Believe That Are In The Fiscal Cliff Bill That The Senate Passed At 2 AM While Most Americans Were Drunk

http://www.businessinsider.com/whats-in-the-fiscal-cliff-bil...

Everything from Puerto Rican rum to the film and television industry!




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While Most Americans Were Drunk

Including the legislators.

Leges sine moribus vanae

I want to see cuts on

taxes across the board and to make them as close to zero if possible. But I'm not sure what's so offensive about tax breaks for biofuel start ups and electric wheelchair devices. I don't like the special treatment and I get that arguement, but isn't lowering taxes one of our goals. Can someone explain why these 2 points are so bad? Algae biofuel is just around the corner from being competitive with advancements in biocrude without any tax breaks. Adding tax breaks could make it competitive and we may see better prices over all. Biocrude can be turned into gas or diesel and existing infrastructure and cars don't need modification. Could also shift power away from energy corporatists government dbags. Maybe I am missing something, someone please fill me in. thx I am sure there is I am missing.

I'm personally thankful for #4 - Tax breaks for TV and Film ind.

If subsidies for the entertainment industry were removed it almost certainly would have resulted in a decline in the quality of their work which I don't believe our society would have been able to cope with.

I saw the best minds of my generation, destroyed by pandas starving hysterical naked

-Allen Ginsberg

"Extension of some special rules for the film and television?"

"Extension of some special rules for the film and television business" doth not bode well for quality. [1 year tax break extension.]

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Me too.

I am certain when dancing with the stars viewers learn of this they will be most thankful. In between hitting the fridge for more snacks to munch on.

2014 Liberty Candidate Thread: http://www.dailypaul.com/287246/2014-liberty-candidate-thread

2016 Potential Presidential Candidates: http://alturl.com/mt7tq

"What if the American people learn the truth" - Ron Paul

you support subsidies for the

you support subsidies for the entertainment industry? Wake up dude.

Sorry you misinterpreted my remarks. Perhaps this will help:

:)

I saw the best minds of my generation, destroyed by pandas starving hysterical naked

-Allen Ginsberg

Thanks

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SteveMT's picture

Here is the 6th thing; $4T deficit over next 10 years

CBO Estimates "Obama Tax Cut" To Add $4 Trillion To Deficit Over Next Decade
1-1-13
Two things:

First - it is no longer the "Bush (temporary) tax cut" - it is now the "Obama (permanent) tax cut", with a loophole for the 1%ers (whose big picture "impact" we showed previously)

Second - according to the just released scoring by the CBO, the total impact on the US budget deficit of said permanent tax cuts, will be a $4 trillion increase in the deficit over the next decade. In reality, due to the CBO's perpetual optimistic bias, this number will likely be orders of magnitude lower than what it ends up being.
http://www.zerohedge.com/news/2013-01-01/cbo-estimates-obama...

As if Senators even read this tome

http://www.businessinsider.com/breaking-full-text-of-the-157...

When we try to pick out anything by itself, we find it hitched to everything else in the Universe.
~ John Muir

scawarren's picture

Well Rand and seven others

Well Rand and seven others did.

Individualism-
To be nobody but yourself in a world which is doing its best, night and day, to make you everybody else means to fight the hardest battle which any human being can fight; and never stop fighting.
e.e. cummings

Congressman Ron Paul insisted bills be read... up to a point.

Congressman Ron Paul: insisted bills be read... up to a point. That point was where it became clear that proposed Congressional bills were clearly unconstitutional. Few bills had to be read more than a few pages. Where upon an unconstitutional passage was noted & objection raised. Ron Paul voted no on unconstitutional bills.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Good point!

Good point!

When we try to pick out anything by itself, we find it hitched to everything else in the Universe.
~ John Muir

More like the "Faecal Cliff"

smells of BS.

"We are not human beings having a spiritual experience; we are spiritual beings having a human experience"—Pierre Teilhard de Chardin

♫ Two turtle doves. ♫ And a partridge in a pear tree! ♫

Fiscal Cliff Tax Savings Time. See your taxes disappear over the fiscal cliff. Tax Savings Time for those w/ friends in government places. Tax savings... in Midnight Confessions:
SEC. 203. EXTENSION OF PARITY FOR EXCLUSION FROM INCOME FOR EMPLOYER-PROVIDED MASS TRANSIT AND PARKING BENEFITS.
SEC. 306. EXTENSION OF RAILROAD TRACK MAINTENANCE CREDIT
SEC. 320. EXTENSION OF TREATMENT OF CERTAIN DIVIDENDS OF REGULATED INVESTMENT COMPANIES.
SEC. 323. EXTENSION OF LOOK-THRU TREATMENT OF PAYMENTS BETWEEN RELATED CONTROLLED FOREIGN CORPORATIONS UNDER FOREIGN PERSONAL HOLDING COMPANY RULES.
SEC. 329. EXTENSION OF TEMPORARY INCREASE IN LIMIT ON COVER OVER OF RUM EXCISE TAXES TO PUERTO RICO AND THE VIRGIN ISLANDS.
SEC. 901. STRATEGIC DELIVERY SYSTEMS.

[Victrola: Midnight confessions, Grass Roots, 1972]

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Hardly the "grass roots"

Hardly the "grass roots"

When we try to pick out anything by itself, we find it hitched to everything else in the Universe.
~ John Muir

Sounds like they

just voted in a Talladega Nights sequel! Ricky Bobby, in a fierce biodiesel Chevelle sponsored by Bacardi, Don Q, and Boca Chica.

When a true genius appears in the world, you may know him by this sign: that the dunces are all in confederacy against him. ~J. Swift

I think I'm OK with this...

ever had Puerto Rican rum? Smooth as brown sugar...
lol!

This is the article that got my posting privileges revoked:
http://bklim.newsvine.com/_news/2013/05/12/18212165-dr-stan-...

It gets more ridiculous with each bill they pass.

Either they, themselves, were drunk and are incredibly stupid, or they think we are not paying attention.

from a gov't that

from a gov't that simultaneously pays farmers to not grow food and spends money on anti-hunger programs, what exactly is it that we should be surprised by.