All I have been hearing the past few days is how the Dems and Obama want to let the Bush Tax Cuts sunset, while also keeping in place the tax cuts for people who make less than 250k. They are trying to paint this as they are making tax cuts. How stupid do they think we are??? We already have the tax cuts. By letting them sunset they are in effect raising taxes. By keeping them in place they are maintaining the status quo. For them to even take the position that they are cutting taxes, they would have to believe that their tax base is fixed and permanent, so any changes must all be reflected back to the standard. What screwed up thinking got them here, to think that tax basis is fixed and can only be changed temporarily?
If I am not mistaken, President Bush tried to make his tax cuts permanent, thus changing the basis, but the Dems fought him on it. They were the ones who placed the sunset limitations in the original bill. They have been trying to repeal the tax cuts ever since they were implemented. Now that they have control of Congress and the Presidency, they could have immediately repealed the tax cuts, but instead they are choosing to let them sunset so they would not have to go on record of raising taxes. But by letting them sunset that is exactly what they are doing.
It also amazes me that people actually think the Obama is only going after the people who make over 250k. The Dems have been trying to repeal the tax cuts across the board for years, so what would make people think they will only change the tax basis for the 250k+ people. As soon as this upcoming election is over, Obama will push to raise everyone's taxes because he needs the money to fund his programs. They only way he can fund them is to raise taxes on all people who make over 38k. The people who make less than that already get most of their money from the government anyway.
When will people realize that Federal Government jobs produce nothing. They do not grow the economy. They are just bureaucratic positions that are meant to shuffle paperwork and watch over and regulate industry. They produce nothing, they just hand out money. All Obama has been doing is growing the Federal Government ranks to appease his Union bosses. Anyone who thinks that Obama is about change needs to read some history and see that all he is doing is bringing the USA back to the years of Woodrow Wilson. It has always been my opinion that it was the social programing of the 1910's and 1920's that led to the depression of the 1930's. That is where we are headed unless fiscally responsible politicians are elected. We need to live with in our means, balance the budget, eliminate the deficit, and eliminate our national debt to other countries. The only way to do that is to slash government jobs, government programs, and stop rewarding people for substandard performance.
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