Well, looks like your friends the democrats are back to their tax and spend ways. In a column at townhall.com, Rep. Jim McCrery lays out all of the tax cuts the democrats want to either expire or outright get rid of. Many of those don't affect the rich but rather the middle and lower class.
These include lowering the child tax credit from $1000.00/child back to $500.00/child, reinstating the marriage penalty, the estate tax (55%), and eliminate the 0% capital gains tax for the lowest two tax brackets and raise the lowest tax bracket from 10% to 15%. That's just to name a few. And yet they call themselves the friend of the working class. Why does this smell like a dirty diaper? This is why you want a divided government, if all three parts of the government (president and both houses) are occupied by one party we get screwed. Thank goodness that a republican is still in the White House and that the democrats don't have a super majority in the senate. If we as voters don't start putting pressure on the government we're hosed come 2011. Don't say I didn't warn you.
More on this subject...
http://www.townhall.com/Columnists/Column.aspx?ContentGuid=f3e177ed-ad84-4a93-9953-4f3b3ef90a1e&page=1
http://www.townhall.com/Columnists/Column.aspx?ContentGuid=abc91156-236d-494f-a708-a3818eb6edde
http://www.townhall.com/Columnists/Column.aspx?ContentGuid=8ca429d0-edcb-43cc-8456-83d98483d155
http://www.townhall.com/Columnists/Column.aspx?ContentGuid=ddbdc9ac-b7e4-4f2f-8489-8a1bf719705c
Monday, April 16, 2007
Tax and spend...
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