On 12/05/2012 01:55 PM, Nicholas Geti wrote:
It is better to let everyone's tax rate go up Jan. 1 than to hide
everything in a new budget plan that no one knows what's in it. When
people see how directly where the tax money is coming from they will
pay attention. Congress is great at hiding expenditures so that the
common people don't suspect. They will think the other guy is the one
taking the hit. All taxes come only from the people; any other
organization or business simply passes them on as higher prices borne
by the same people. The difference being that people are not aware
that the taxes are being passed through.
No matter what happens on Jan. 1 the bills will have to be paid.
Better to do it now than a year from now. The fiscal cliff is no more
than a scare tactic by the Obama crew to scare the American people
into granting more taxes to the govt. so they can spend more.
The Republicans will not commit suicide. It is a long time to the next
election. People will forget.
Congress is very good at keeping a record of each congressman's voting
record. That's always the first place any political opponent would look
for ammunition to unseat an incumbent. In this way the people would
definitely be reminded of an incumbent's vote against lowering taxes on
ordinary Americans, no matter how long until the next election.
Regards,
LelandJ
Nicholas Geti
----- Original Message ----- From: "lelandj" <[email protected]>
To: "ProFox Email List" <[email protected]>
Sent: Wednesday, December 05, 2012 12:52 PM
Subject: Re: [OT] Looks like Boehner is going to cave
In accordance with the Budget Control Act of 2011, taxes rates will
go up for everybody on January 1, 2013, back to the tax rates in
effect during President Clinton's years in office.
If the Tea Party, and other Republicans, drive the country off the
fiscal cliff, January 1, 2013 a bill would be introduced by Democrats
in congress to lower taxes back to the Bush era rates for all
Americans who make $250,000.00 or less. The tax rates for Americans
making more than $250,000.00 would remain at the rates in effect
during President Clinton's years.
This would put Tea Party Republicans, and other Republicans, who have
made a deal with the Devil, (eg Grover Norquist), in a very awkward
position; because, voting against reinstatement of the Bush era tax
cut for ordinary Americans would be political suicide. LOL
Regards,
LelandJ
[excessive quoting removed by server]
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