Tuesday, July 24, 2012

Republicans "let them eat cake" proposal raises taxes on poorest families

It turn outs that there are some tax increases that Republicans support. Not the modest increases proposed by President Obama on America's richest families whose incomes have exploded over the past two decades creating the greatest income inequality since the roaring Twenties.

No, Senate Republicans are proposing to extend tax cuts for the nation's affluent families scheduled to expire Jan. 1, while at the same time allowing a series of tax cuts for the working poor and the middle class to end.

In all, the Republican plan would extend tax cuts for 2.7 million affluent families while allowing tax breaks to expire for 13 million on the bottom of the income spectrum. Some might call this "class war."

For more detail read the New York Times article that is linked here.

86 comments:

Anonymous said...

Dear President Obama-

Where are the jobs?

Sincerely,

Unemployed

Anonymous said...

Dear Unemployed,

I have no idea where the jobs are. I also have no idea what in the world I am doing besides destroying the American economy. Nothing I do seems to work. Nothing I say seems to inspire. I just keep putting my foot in my mouth. I can not change the polls no matter how hard I try.

I though I was the smartest politician on the planet. Maybe I should have voted on bills when I was in Congress rather than voting Present and abstaining.

I guess this socialist stuff does not work after all - darn Saul Alinsky and your book Rules for Radicals :(

Sorry dear unemployed, I have failed you and millions of others with my false slogan of "Hope and Change" in 2008.

Sincerely,
President Obama

Anonymous said...

Everyone must pay their fair share, even the poor. The Earned Income Credit is a sham anyway....

Michael Rosen said...

The honest answer is that the Republicans killed the jobs because their number one objective was as Mitch McConnell admitted to make Obama a one term President. By refusing to pass bills that would invest in the infrastructure the Republicans killed tens of thousands of skilled trades jobs. By refusing to pass legislation that would provide money to states and local governments, Republicans have killed at least one million jobs. It is fundamentally dishonest to oppose every Obama job creation proposal and then criticize him for not creating jobs.

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What about the ALL of the thousands of "jobs" and the thousands or more related jobs supporting that mining community the Democrats killed in Wisconsin by not approving the Mining bill so Scott Walker did not have a jobs win? You seem to talk out of both sides of your mouth and blame republicans for everything.

What about the Keystone pipeline jobs President Obama killed - that is thousands and thousands of jobs.

So the only jobs plan that can ever work in your mind is a Democrats job plan?

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