Quote:
Originally Posted by scottw
just heard Gibbs on the news state that Obama was "opposed to the government borrowing 700 billion" to pay for the extension of the Bush tax cuts for upper wage earners....
|
See, right away he thinks the answer is borrowing more to get out of a jam rather then finding ways to cut and save the money to pay for it.
By rescinding the tax cuts we are getting a tax increase, which will show
up as an increased payroll holding deduction in Jan when we can least afford it as
Christmas gift bills are due.
With the economy teetering on the abyss, this is no time to raise
any one's taxes rather then re-introduce the class warfare card.
I don't think the politicians still got the message from the election
where the American people voted for smaller gov, reducing the deficit,
and less taxes.