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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

Submitted by JO4RP on Tue, 01/01/2013 - 12:40
in

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

Submitted by HomoVastans on Tue, 01/01/2013 - 23:44.

Including the legislators.

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Leges sine moribus vanae

conalmc's picture

I want to see cuts on

Submitted by conalmc on Tue, 01/01/2013 - 22:09.

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.

Submitted by Anti-Panda Prop... on Tue, 01/01/2013 - 20:24.

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.

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The Under-Lying Truth
Anti-Panda Propaganda Systems
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Ron Paul: "If you ever can bring about revolutionary changes two things would be required: young people... and music."

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

Submitted by Mark Twain on Tue, 01/01/2013 - 20:37.

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

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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.

Submitted by ProudAmericanFirst on Tue, 01/01/2013 - 20:35.

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.

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

you support subsidies for the

Submitted by SIERRAHPBT on Tue, 01/01/2013 - 20:30.

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

Sorry you misinterpreted my remarks. Perhaps this will help:

Submitted by Anti-Panda Prop... on Tue, 01/01/2013 - 20:53.

:)

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The Under-Lying Truth
Anti-Panda Propaganda Systems
--------------
Ron Paul: "If you ever can bring about revolutionary changes two things would be required: young people... and music."

Thanks

Submitted by legalizeliberty on Tue, 01/01/2013 - 15:41.

Shared on Twitter.

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Twitter: http://twitter.com/LibertyPoet
My website: http://www.libertypoet.com/
STAND WITH RAND 2016

SteveMT's picture

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

Submitted by SteveMT on Tue, 01/01/2013 - 15:28.

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...

scawarren's picture

Well Rand and seven others

Submitted by scawarren on Tue, 01/01/2013 - 15:07.

Well Rand and seven others did.

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

Submitted by Mark Twain on Tue, 01/01/2013 - 15:23.

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.

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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!

Submitted by mdefarge on Tue, 01/01/2013 - 15:31.

Good point!

More like the "Faecal Cliff"

Submitted by Freedom Ninja on Tue, 01/01/2013 - 14:58.

smells of BS.

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“The lips of Wisdom are closed except to the ears of Understanding.”—The Kybalion
"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! ♫

Submitted by Mark Twain on Tue, 01/01/2013 - 15:04.

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]

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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"

Submitted by mdefarge on Tue, 01/01/2013 - 15:40.

Hardly the "grass roots"

Sounds like they

Submitted by Betty Liberty on Tue, 01/01/2013 - 14:00.

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

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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...

Submitted by fishyculture on Tue, 01/01/2013 - 13:27.

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

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Ron Paul supports a new 9-11 investigation.
http://www.youtube.com/watch?v=fH9nOWnp5G0

It gets more ridiculous with each bill they pass.

Submitted by Nonna on Tue, 01/01/2013 - 13:16.

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

from a gov't that

Submitted by tlbellini@msn.com on Tue, 01/01/2013 - 12:52.

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.