I find it interesting that the republicans that while they were running screamed about the huge federal deficit are now the ones that seek to extend the Bush tax cuts to the rich. I mean, I realize that no one wants to pay taxes. I get that. I resented the chunk of taxes removed from my pay check every two weeks this summer. I dread dealing with my parents during tax time. Taxes put everyone in a bad mood. But the fact of the matter is that our government has no other way of raising revenue to run itself.
When Bush came into office, we had a surplus. Thus, at that time, some tax cuts made some sort of sense. If the government has more money than needed, why not give American tax payers a little break? Now, in the midst of a recession with unemployment rate at 9.8 percent, now does not seem like the time to give those rich people a tax break. In fact, I would much rather use government money to help resinstall unemployment benefits than to allow some rich person to buy their second jet. Just saying.
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