Make no mistake. They are no longer the “Bush tax cuts.” They were tax cuts when they were enacted in 2001 and 2003. They have been the going tax rate for the past 9 years. They are the Bush tax rates. Any move to increase the current tax rates amounts to a TAX INCREASE. The Bill passed in the Senate today was NOT A TAX CUT BILL. It would simply maintain CURRENT TAX RATES for those making 250K or less.
And for some reason known but to God, Harry Reid thinks that if you make $250,000 (many small businesses fall into this category) that you’re magically a millionaire! (Liberals were never very good at math, were they?).
Not only that, they think that taking resources from those who have the ability to create jobs during this economy will somehow help the economy.
Moronic thinking such as this deserves no quarter. These clowns MUST GO.