dirty
EOG Master
MORE TAX CUTSPerhaps there is still hope for the Republican congress. The House passed three tax cuts yesterday and are looking to put through a fourth today. Yes...you read that right...tax cuts. This is fabulous news. The Senate will probably kill it, but hey, we can enjoy the possibility, right? The cuts would amount to $94.5 billion over 5 years.
The tax cuts are for the hurricane-affected areas, investors, U.S.
troops, and taxpayers who pay the ridiculous alternative minimum tax. So what's not to like? Well, as usual, Democrats, the media and some weak-kneed "Republicans" are wringing their hands over how to "pay for"
these tax cuts. They say it will run up the deficit. You see, to them, their philosophy is that all of your money belongs to them, and it is only through their generosity do you get to keep any of it. Never mind cutting spending, either. It's all about increasing revenues. Government spending has almost doubled since Bush was elected in 2000 ... and the can't afford to get rid of the Alternative Minimum Tax? This is an outrage. These politicians are always so willing to take more money from you, but just suggest that we take some money away from their grandiose vote-buying spending bills and they act like you're killing babies!
Time for a plug. All of this nonsense would go away if the FairTax proposal were adopted. Everyone would be treated the same, and the only tax cut to worry about would be lowering the actual rate. Imagine that!
The tax cuts are for the hurricane-affected areas, investors, U.S.
troops, and taxpayers who pay the ridiculous alternative minimum tax. So what's not to like? Well, as usual, Democrats, the media and some weak-kneed "Republicans" are wringing their hands over how to "pay for"
these tax cuts. They say it will run up the deficit. You see, to them, their philosophy is that all of your money belongs to them, and it is only through their generosity do you get to keep any of it. Never mind cutting spending, either. It's all about increasing revenues. Government spending has almost doubled since Bush was elected in 2000 ... and the can't afford to get rid of the Alternative Minimum Tax? This is an outrage. These politicians are always so willing to take more money from you, but just suggest that we take some money away from their grandiose vote-buying spending bills and they act like you're killing babies!
Time for a plug. All of this nonsense would go away if the FairTax proposal were adopted. Everyone would be treated the same, and the only tax cut to worry about would be lowering the actual rate. Imagine that!