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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: Steve Dietrich who wrote (149173)12/5/2008 8:57:57 PM
From: geode00  Read Replies (1) of 173976
 
Middle-class tax cut may come soon

money.cnn.com

I don't see why it's so difficult to implement and an across-the-board suspension would make the deficit skyrocket. It also lacks the increase in marginal rates for very high income earners including suspension of the 15% capital gains rate for hedge fund manager income.

Rebalancing is what is needed as there is obviously a ton of money being sat on. That rebalancing drives resources towards those who actually do something useful for the country. That is, those who make things or service things instead of those who gamble with borrowed money.

That would be a nice change.

This kind of thing lifts all boats over the long term although the Reaganomics garbage gravy train will be at an end...thank goodness.
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