texshelters

Posts Tagged ‘Tax cuts extentions Obama Democrats White House Congress Republicans Taxes’

Glory, Glory we have Tax Cuts for those that don’t need it

In Current Events, Economics, Election Politics on November 8, 2010 at 02:16

Glory, Glory we have Tax Cuts for those that don’t need it. And deficits for everyone. Congratulations America, you are one step closer to third world status. Besides, many corporations paid no taxes during the boom, so why should their CEOs and billionaires stock holders have to pay for what their corporations don’t? http://moneycentral.msn.com/content/Taxes/P80242.asp

The Republicans have shown their math skills by pushing for tax cuts for billionaires and saying they want to reduce the deficits. At least they want to reduce military spending, right?

Good thing the Democrats waited for the elections before addressing the changes in the tax rates. Obama and the Democrats really, really must have wanted to end the tax cuts for the top tax bracket and that is why they waited for the elections for the Republicans to take control of the house. Now that we have more Republicans in Congress, it is certain that the taxes will go back to Clinton era rates and we won’t lose the $700 billion dollars to the billionaires that don’t need it. http://www.huffingtonpost.com/2010/11/07/eric-cantor-compromise-tax-cuts-obama_n_780029.html

Again we see that the Democratic strategy to safely wait it out has worked, for the Republicans. Or perhaps we are seeing the true colors of the Democrats who are being paid by the same set of billionaires who elect them.

Forget that corporations pay little of wealth for tax cuts after all their deductions and exceptions. And forget that use our infrastructure for their plants, buildings, shipping, advertising, and functions such as roads, the electrical grid and communications. http://www.thirdworldtraveler.com/Corporate_Welfare/TakeRichOffWelfare.html

But we shouldn’t expect companies and wealthy individuals to pay for what the rest of us have to pay for, should we? Thanks to the Democrats, Obama, and Republicans, they don’t have to.

Peace,
Tex Shelters

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