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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (54315)1/11/2007 2:47:52 AM
From: tejek  Read Replies (3) | Respond to of 90947
 
However, those lower tax rates are set to expire at the end of 2010, and the Democrats who now control Congress want them repealed. The "pay-as-you-go" rules that the House just passed would make their extension all but impossible. What this means is that if Congress merely fails to act, the tax cuts expire and the economy will be hit with one of the largest tax increases in history in 2010. >>>

Running a successful democracy that employs a capitalistic economic model costs money. Its an unfortunate fact of life. That means we can't afford Mr. Bush's misguided tax cuts that favor the rich. If you don't like that setup, there are countries where you don't have to pay taxes[although bribes are an accepted way of doing business] that I am sure will be willing to accommodate you all.

You see living in this country is a privilege and with most privileged situations there is a cost associated.