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How do you figure that Obama has "given the rich more money"?
Obama has done no such thing. What has happened is that the current tax rates have not been allowed to rise.
This means, that people (including you) will not have to fork over more of their hard earned money to the government.
The 10% rate was scheduled to go to 15% That is a 50% increase to YOU. YOU would have had your taxes increased. Assuming you are in that bracket. Unless you are paying no taxes at all. In which case you shouldn't be complaining.
You have no right to somebody else's money. Those who earn more will be allowed to keep more of their money than the would have if the current rated were allowed to rise.
Finally THERE WAS NO TAX CUT HERE! No tax cut was on the table. The only thing on the table were TAX INCREASES.
By not increasing taxes does not = giving money away to anyone. It means that we are taking less.
Now if we raise taxes in conjunction with spending cuts that are say $5.00 cut for every dollar raised I would support such a measure. What did our elected reps attempt to do though? A trillion dollar bill laced with billions in pork. Raising taxes without cutting spending by an equal or greater measure is an insult to the tax payer.
The gov gives tax breaks to outsource. What they should do is remove the incentives, and cap the number as a percentage of total workforce.
I don't think the government gives them tax breaks to outsource, it just happens that businesses that outsource get tax breaks for other things.
We need to get rid of all tax breaks, subsidies, and taxes on businesses, corporations, and investment. Just a simple VAT with a sales tax. That way we are taxing consumption. As for individuals, everyone should just pay 10% of what they earn each year.
Obama made the biggest mistake of his presidency and showed his true colors, he's a republican.
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