Quote:
Originally Posted by lord007
Let's be clear here they are not tax cuts ..shiat is just staying the same |
that is incorrect.
the tax cuts, if not extended, will end. thus, a tax increase is looming. see, the senate already said they will not vote to extend the tax cuts on the wealthy-which means that the republicans in the house have decided if the rich can't get to keep their cuts, no one can. house dems had already passed a measure to keep the cuts in place for everyone except those making over a quarter million a year.
so, with one vote, republicans have gone against what a sizable portion of their constituents wanted....but that sizeable portion of voters doesn't equal the sizeable portion of $$$ coming from the wealthy-so they voted their pocketbooks. but, that's fine. as i said before, i'd rather they all end. the wealthiest are already paying less taxes now than in any time over the preceding 80 years.