Tuesday, September 28, 2010

Bush era tax cuts

Nothing annoys me more than when Democrats keep repeating the "Republicans are for the rich" line. Do they not realize the taxation on those making over 200K results in over 750,000 small businesses in the United States? So in a economic decline, the question remains why they would want to raise the taxes on these individuals. Do they not think the uncertainty of what their tax rates would be might scare these small business owners into keeping a tight grip on extra cash, instead of hiring and expanding?

There are now 47 House Democrats who want the Bush era tax cuts for ALL incomes to be continued. In addition, such Democrat Senators as Kent Conrad, Joe Lieberman, and Ben Nelson also agree these need to be kept. Nonetheless, the Obama White House will still spill out the failed and pathetic line of blaming the GOP.