Why the Obama Tax Deal Confirms the Republican Worldview
Thursday, December 9, 2010
"BTW even Summers agrees extending the tax cuts will be stimulativ==========e."
"Bush Tax Cuts Not Important for US Economy", says White House economic advisor Larry Summers
To end tax cuts that were never paid for, that never created one job in all the 10 years we've been borrowing from China, Saudi Arabia, Iran, to pay for them, is NOT "raising taxes" -- It's stopping the flow of red ink.
Here's the 'Rule of Thumb' about when tax cuts make sense: When a nation's bills are paid. When the nation is in surplus. When a tax cut requires a nation to borrow more money, adding to the deficit, increasing the national debt, that's robbing the People to give to the rich. Average Americans, our children, grandchild
Working Americans are tired of paying for the parties of the rich.
If I'm paying for bathtubs full of Dom Perignon, I'd better d@mned well be the one soaking in it.
About Bush Tax Cuts
Read the Article at HuffingtonPost
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