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End the Bush Tax Giveaways


               
2012 Aug 2, 8:27am   2,710 views  7 comments

by CL   follow (1)  

http://www.bloomberg.com/news/2012-08-02/fiscal-cliff-crisis-rooted-in-senate-ploy-to-pass-bush-tax-cuts.html

In 2011, they helped contribute $1.1 trillion to the debt. In total, since 2001, the CBO calculates that tax cuts have helped add $6.1 trillion to the debt. This is what Washington now calls a crisis: completely predictable arithmetic, compounded over a decade by a consistent refusal to acknowledge reality.

#politics

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5   Honest Abe   @   2012 Aug 3, 11:38pm  

Tax cuts add nothing to the debt unless there is a PRIOR SPENDING ISSUE.

Politicians who spend in excess of the budget should be held personally responsible for its repayment. Do you think those spend-thrift idiots would live within the budget with that type of restraint?

6   Nobody   @   2012 Aug 6, 6:18am  

Why end it? 1% needs to hoard more money to keep the 99% their slaves. While I am at it, I am going to demand the companies that I invest in to make more profit by letting go more workers.

7   CL   @   2012 Aug 6, 9:24am  

Our problem is that our rich aren't rich enough!

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