Tax cut deal

December 5, 2010

(Reuters) – Senior lawmakers said on Sunday they were optimistic about striking a deal to extend Bush-era tax cuts for all taxpayers and continue emergency jobless aid for millions of long-term unemployed Americans.

If the deal includes revising and review after the next presidential election, we know where that will get us. The cuts will become permanent. The pressure will continue to be to keep the cash in the ahnds of the wealth and push new taxes, like a15 cent gasoline tax, on ordinary earners. So with Medicaid and Social Security.

The alternative is a really strong leadership for the growth of a new kind of economy where the US can lead us away from a monopolistic oil burning oligopoly.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: