Powered By Blogger

Share

Bookmark and Share

Friday, September 24, 2010

The Great Tax Debate...Again

So it has been announced by Harry Reid, that any legislation regarding Bush tax cut extensions will not be handled before the election. He claims intransigence on the part of the Republicans. The Republicans have said the Democrats are not willing to negotiate....but they have, they want to retain current rates for all but 1% of the nation. I guess unless you get 100% of what the Republican party wants, it isn't negotiation. Both parties will tout their points of view...we need tax relief for those who need it the most and ask the wealthiest among us to defer the costs.....or....we cannot tax anyone during a recovery...even the rich who will invest and create jobs, blah blah blah. The point of this is this,...these rates do not expire until the end of the year. This means that never did any decision need to have been made legislatively until after the votes are counted in November. It was all a sham. Neither side cares about the country going in to an election. They care about votes. Any discussion on the matter has been a political distraction and theatre. If and this is a big if, these folks really cared about us, they would have compromised on something to at least ease our anxieties about the future and then both could have claimed victory. But that ain't how it works. Thanks for nothing. Where are you Americans for reason and truth?

No comments:

Post a Comment