johnrocks
Silver Member
Let's remember that these tax cuts were rammed through a republican controlled congress by RECONCILATION. The very process the republicans tried to convince americans would lead to our damnation if used during the health care debate. The sunset clause is there for a reason -- to let the dumb stupid tax increases expire especially for the top 1%. I understand that the rest of the tax cuts wil probably be extended. good. but let's quit providing welfare to the rich.
How is allowing someone; weather they make $30000 or $30000000 a year; to keep more of what they earned, welfare?
IT IS WELFARE because the tax cuts ARE NOT PAID FOR. THEY WILL BE PAID OUT THE TAXES OTHERS PAY. Now does that really make sense to you. Someone making 300k or more a year will go from 35% to 39% bracket - 4%, I don't think that will send them to the bread line.
It's the spending that isn't paid for and should be, why not cut that out, all we would have to do is cut spending to the level it was 10 years ago and the personal income tax could be done away with.