It Is NOT a Tax Cut - Rich Galen - Townhall Conservative: "The 'Bush Era Tax Cuts' are no longer 'Tax Cuts.'
In 2001 and 2003 the Congress approved a reduction in tax rates to spur the economy. The deal was, they would expire at the end of 2010 unless they were affirmatively extended. Let's go to the calendar: 2001 was nearly 10 years ago. 2003 was almost eight years ago.
The tax rates which are currently in place are the … tax rates which are currently in place.
Republicans have allowed the Left to categorize the argument as 'extending the Bush Era Tax Cuts.' That's flat wrong. What President Obama and most of the remaining Democrats in Congress want to do is to RAISE TAXES."
See original work for more on this and other stories.
No comments:
Post a Comment
Spamming will be removed.
Due to spamming. Comments need to be moderated. Your post will appear after moderated regardless of your views as long as they are not abusive in nature. Consistent abusive posters will not be viewed but deleted.
Note: Only a member of this blog may post a comment.