Home > Fande = Fact & Evidence, Music--The Universal Language, The Economy > Call or Email your Senators & Congressional Representatives to stop the Bush Tax Cuts for individuals making over $250k per year

Call or Email your Senators & Congressional Representatives to stop the Bush Tax Cuts for individuals making over $250k per year

Find your Congressional Representative…http://www.house.gov/htbin/zipfind

Find your Senators…http://www.senate.gov/

The Bush Tax Cuts = less revenue for roads, bridges, schools, hospitals, national parks, Medicare, Social Security, and on and on…

____________________________________________________________________________________________


sources:

http://finance.yahoo.com/news/Bush-tax-cut-deal-and-cnnm-2062204463.html?x=0&sec=topStories&pos=8&asset&ccode

“The compromise on the Bush tax cuts announced Monday night between President Obama and Republicans could cost between $700 billion and $800 billion if ultimately signed into law as is — no sure thing given opposition from many Democrats….

The cost of extending all the tax cuts over 10 years would have been $3.7 trillion.”

http://www.nytimes.com/2010/12/06/opinion/06krugman.html?_r=1&partner=rssnyt&emc=rss

EXCERPT:

“We’re talking about almost $4 trillion in lost revenue just over the next decade; over the next 75 years, the revenue loss would be more than three times the entire projected Social Security shortfall. So giving in to Republican demands would mean risking a major fiscal crisis — a crisis that could be resolved only by making savage cuts in federal spending.

And we’re not talking about government programs nobody cares about: the only way to cut spending enough to pay for the Bush tax cuts in the long run would be to dismantle large parts of Social Security and Medicare.”


Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: