This is proof the democrats lie when they say the Bush tax cuts are for the rich. But then most of us know any time Democrats talk they are lying http://www.smartmoney.com/taxes/income/how-the-expiring-bush-tax-cuts-affect-you/
It would not cost me anything because any investments that I had were long ago wiped out in periods of unemployment. I Don't have income to generate a big income tgax bill. Very few people whom I know have all that much in capital gains. That the super-rich would be paying more would mean that there would be fewer excuses to cut funding for the veterans' benefits that I need to survive. (All my medical care is from the military health care system or VA, being medically retired.) With all of the seriously messed-up people comiong home from the wars, I would say that it is a little more important to take care of veterans than to allow somebody making bazillions on off-shore investments and cheap imports to buy another yacht. Don't start with the "job-creators"garbage again. Most of the people making the big bucks are in the financiall sector and they are not lending enough to give productive entrepreneurs a chance to enter the market and create actual work on Main Street. Mostly, they prodcue profits from funny papers on Wall Street.
More taxes does not mean veterans get any. I am a veteran and what I see is middle class taxes going up. The democrats lied when they said the tax cuts were for the rich. Revenue is not the problem. The problem is unemployment and out of control government spending
No more Bush tax cuts: Obama won't budge... On defense over Clinton statements, White House says it will not support any extension of Bush tax cuts for the wealthiest 6 June`12 - President Barack Obama will not extend the Bush-era tax cuts for the wealthiest Americans, even temporarily, past their Jan. 1 expiration, the White House said Wednesday as it coped with the fallout from comments by former President Bill Clinton.
If the Bush tax cuts had not been passed the US would have no national debt right now, none, zero. They were a huge mistake and it would be idiotic to continue them any further.
You're kidding, right? You don't 'not tax' your way into debt. You spend your way there. Are you trying to tell us that the Bush tax cuts caused the loss of $16,000,000,000,000 to the government? Because, that's plain stupid talk.
You can tax cut your way into debt, especially if you do it when the economy is good because when the economy turns bad the tax cut debt will balloon, which is exactly what the Bush tax cuts accomplished. If Bush had stuck to the tax and spending program in place before he took office the national debt would have been paid off by 2008. In 2008, when the economy collapsed the government would have had plenty of money to stimulate the economy and get it back on its feet again in quick order. Instead he chose to toss the whole thing out the window, removing spending constraints while cutting taxes. As a result the national debt doubled, and then doubled again when the recession hit because the government had to borrow money to pay its bills and stimulate the economy rather than use the surplus it would have accumulated. So, yes, the Bush tax cuts are the direct cause of the $16Trillion of debt the government has accumulated.
No, you don't. The only way, THE ONLY WAY, you go into debt is by spending too much Besides, the Bush tax cuts saw unemployment drop from 6.4% to 4.6%. It didn't jump to 10.2% until the democrats passed their minimum wage hikes.
Granny says dem politicians still more interested in keepin' the Bush tax cuts for the rich dan helpin' the country... Senate Dems balk at ending Bush-era tax rates on wealthy without a deficit deal 6/19/12 : A growing number of Senate Democrats are signaling they are not prepared to raise taxes on anyone in the weak economy unless Congress approves a grand bargain to reduce the deficit.
I would love the end to the Bush era tax cuts and the Obama tax cuts, it would actually mean more money in my pocket and more specifically more money at retirement. But hey, you all fight over the pocket change.
