Warning that “the clock is ticking,” House Democratic Leader Nancy Pelosi on Sunday threatened to bring about a House vote on a bill that would extend the Bush-era tax cuts for families making $250,000, but would allow the tax breaks to expire for those above the threshold. The Democratic-controlled Senate already passed its version of… Continue reading Nancy Pelosi Warns Republicans – Protect The Middle Class Or Democrats Will
Category: tax cuts
Mitt Romney Cannot Explain How He Will Pay for $5 Trillion More in Tax Cuts for Rich People
Rich people were rich before George Bush decided to give them trillions in two massive tax cut. The idea back then was that giving rich people more money would automatically result in the middle class and the poor getting more jobs. The idea was not a new concept, it was also tried over 30 years… Continue reading Mitt Romney Cannot Explain How He Will Pay for $5 Trillion More in Tax Cuts for Rich People
President Obama To Offer Tax Breaks To Companies Bringing Jobs Back Home
Report from the The Wall Street Journal President Barack Obama said he will propose new tax incentives to encourage businesses to “bring jobs home,” a move that could sharpen differences with Republicans in an election year. Mr. Obama also said Wednesday he would suggest eliminating “tax breaks for companies that move jobs overseas.” Administration officials… Continue reading President Obama To Offer Tax Breaks To Companies Bringing Jobs Back Home
Billionaire Says Rich People Are Not “Job Creators”
He is a billionaire. He is responsible for starting, or contributing to getting many corporations off the ground. If anyone knows about job creation and who creates them, it’s him. His name is Nick Hanauer, and it is his belief that tax cuts to the rich does not create jobs. And I agree with him 1000%!… Continue reading Billionaire Says Rich People Are Not “Job Creators”
A Rich Man Ask President Obama – Would You Please Raise My Taxes?
In a LinkedIn Q & A, President Obama was asked a question by someone the Republicans have been trying their hardest to protect – a rich guy. The man asking the question told the President that he was unemployed, not because he forced to, but because he chose to be. He then asked; “Would you… Continue reading A Rich Man Ask President Obama – Would You Please Raise My Taxes?
Alan Grayson Slams Fox News and The Right Winged Propaganda Machine
Alan Grayson points finger and calls names in this presentation in the House of Representatives, showing why some on the right insist on continuing the tax cuts for the rich. Grayson stated the obvious, that the truth of the matter is, Congressional Republicans are all going to benefit from those tax cuts. Alan came prepared… Continue reading Alan Grayson Slams Fox News and The Right Winged Propaganda Machine