OK, here’s a little tax quiz. How does the US government raise ~$500 Billion over 5 years without raising taxes? The answer, by doing absolutely NOTHING. Man, this is just sweet for the Liberals in Congress. They get all this extra money to spend and they don’t have to take ANY political hits by passing tax increases. This is just plain beautiful, isn’t it? How’d they do it? Just let the Bush tax cuts from ’02, ’03, & ’04 expire. Those tax cuts have completely removed millions from the tax rolls, and saved families with children an average of ~$1500. Those tax cuts doubled the deductions for dependant children, reduced the lower tax bracket from 15% to 10%, eliminated the “marriage penalty”, reduced taxes on capital gains, etc. If the Dems remain in control in Congress and especially if they take the White House in ’08, then the taxes roll back to where they were at the end of Clinton’s reign. Sure they’ll throw some of those tax cuts back to the “people”, but they will keep far more of your money than they will give back. Let’s see, what was that old Karl Marx quote, “From each according to his ability, to each according to his need”.
Dave
