"Pass this Bill!"Posted By Robert Schmall |
David Wagner said:
One MINOR detail...
There's NO BILL to pass..
What a maroon!
That's all right David, don't be so hard on yourself.
What Mr. Obama has proposed is not a tax increase to pay for his jobs bill. It is a return to the tax structure that existed before the previous administration passed a bill reducing taxes on higher income people. According to data provided by the NONPARTISAN Congressional Budget Bureau and Government Accounting Office, those tax cuts for the wealthy were the single largest contributor to the increase in the federal deficit. More than the war(s), more than the recession. Mr. Obama proposes that a reset on the taxes will provide enough income to offset the jobs program, which I question.
Now before you label me as a tax-and-spend liberal, be aware that I am somewhat conservative about the budget. We simply cannot keep spending the way we have while simultaneously reducing income. There is no way to balance the budget by reducing income; would you take a pay cut to pay your bills?
But already the hawks are circling. Gov. Cornym of Texas has starting using "tax increase" in his messages, as have others. Many REpublicans agree with a good portion of Obama's proposal, but many others are afraid to be labeled as collusionists with the administration.
but Roush Mustango stayed 1 car length ahead.