Bush Tax Cuts. Favoring the top 2% big time. Put the country in the debt hole along with two illegal and illogical wars.
Republicans rant and whine that the Poor Rich People will suffer if the Tax Cuts are not renewed. They claim these Tax Cuts have created jobs and led to a healthy economy???
Sane people know the answer - bring back the sanity on Taxes. Cutting taxes to balance a budget is as dumb as trying to make a tray of ice cubes by preheating the oven to 350 degrees and placing the tray into the oven. No logic there - period.
If in fact the President wakes up Wednesday morning and he is looking at the Tin Man in his face - he needs to immediately state very strongly that any bill sent to the White House with either Tax Cuts for Rich People over $250,000 or containing a total repeal of the Estate Tax will be vetoed right away.
In fact - we would be better off by trillions of dollars if the Bush Tax Cuts never existed in the first place. There is no such thing as a free lunch but the Rich people have had on for 10 years.
As far as the middle class goes - if the Republicans refuse to send up two bills and insist the Poor Rich People have to keep their Tax Cuts Too then you blame the Republican House for losing your tax breaks - or even yourselves for failing to show up to Vote.
I have already done the calculations and a total repeal of Bush Tax Cuts would cost me about $50 per month. However - the entertainment value of watching people like Beck, Limbaugh, and Hannity whine like a bunch of stuck pigs because they now have to pay taxes again would be priceless.
However - Obama has caved on just about everything and I have little confidence he will actually have the balls to issue the veto threat.