michaels39301 Wrote: Sabrina,
This is the statement that I have heard over and over and over and yes over again from the Repubs about the Bush tax cuts for the wealthy: "Republicans countering that they were safeguarding small businesses and jobs". However, each and every time I hear it, I want to say to Boehner or whoever that only a very puny number of small businesses earn over $1MM/yr., the wealthy are mostly investors (overseas especially) and all they do is count their money. I also always want to ask them if these wealthy need the tax cuts to create businesses and jobs, where are these new businesses and jobs now, and where have they been for the past 4 years? They ARE getting those tax cuts now, so the businesses and jobs should be there now as well. But they are not and have not been for some time, way before these tax cuts are set to expire.
This makes me say that, as you say, bring on the fiscal cliff.....that is my almost sure bet to get the tax cuts for ONLY the bottom 98%.
michaels39301 Wrote: Also, if the tax cuts are removed from the rich, I believe that would amount to ~$800MM/year, or as the pols like to say, ~8 trillion over 10 years. And there is no way you or anyone can say that is insignificant or miniscule.
michaels39301 Wrote: Well if that's the case, find some way to get another Dem. majority in the house and senate both, and that will take care of it. All the Repubs. want is to pad the bank accounts of the rich, thus they are either PROPONENTS of increasing their own pocketbooks or AGAINST anything positive in debt reduction offered by the Dems.