Showing posts with label 2012 - The Fiscal Cliff. Show all posts
Showing posts with label 2012 - The Fiscal Cliff. Show all posts

Saturday, December 29, 2012

The paradox of the Bush Tax Cuts is that they didn't help the middle class when they were enacted...

...but going back to the Clinton tax rates is now going to be crippling to the middle class.

So, basically, the Republicans were wrong to enact them, and wrong to let them expire.

New York Post shows how the fiscal cliff will affect you.


Thursday, November 29, 2012

Let's go off the fiscal cliff...

...it's what America wanted - higher taxes.

James Geraghty writes:

Look, America, this year, you knew which candidate was the candidate of bigger government and higher taxes and which candidate was the candidate of smaller government and lower taxes. You voted for the tax-hike guy. Now all of our taxes will go up in January, because Republicans refuse to play along with the charade that our fiscal house can be put in order just by taxing "the rich."
 
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