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	<title>Comments on: Republicans seek drama on Obamacare future</title>
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	<link>http://blogs.reuters.com/taxbreak/2012/07/11/republicans-seek-drama-on-obamacare-future/</link>
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		<title>By: mgh999</title>
		<link>http://blogs.reuters.com/taxbreak/2012/07/11/republicans-seek-drama-on-obamacare-future/comment-page-1/#comment-48</link>
		<dc:creator>mgh999</dc:creator>
		<pubDate>Sat, 21 Jul 2012 14:36:19 +0000</pubDate>
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		<description>Taxes do not equal Revenue.

The &quot;rich&quot; will add about $100 B in &quot;revenue&quot; if the Obama plan is pursued - against a $3,800 billion (and growing) spending plan and $1,400 billion (and growing) deficit (annual).

That all assumes there is no negative impact, which appears unlikely (e.g., increasing taxes will actually decrease total tax revenue through job loss and economic contraction).

It doesn&#039;t take a rocket scientist to see this plan is all about emotion and catering to the 50% than true economic reform.  

Some else is to blame for all your problems, seems like a page torn from the history books.</description>
		<content:encoded><![CDATA[<p>Taxes do not equal Revenue.</p>
<p>The &#8220;rich&#8221; will add about $100 B in &#8220;revenue&#8221; if the Obama plan is pursued &#8211; against a $3,800 billion (and growing) spending plan and $1,400 billion (and growing) deficit (annual).</p>
<p>That all assumes there is no negative impact, which appears unlikely (e.g., increasing taxes will actually decrease total tax revenue through job loss and economic contraction).</p>
<p>It doesn&#8217;t take a rocket scientist to see this plan is all about emotion and catering to the 50% than true economic reform.  </p>
<p>Some else is to blame for all your problems, seems like a page torn from the history books.</p>
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