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Old 08-01-2012, 12:23 PM
Danzig Danzig is offline
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Join Date: May 2006
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Quote:
Originally Posted by lord007 View Post
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.
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