Extortion 101

[Sandy Eggo]

Republicans stated categorically that unless the tax cuts for the wealthy are made permanent, they would block every bit of legislation Democrats want to move forward. On Wednesday, Mitch McConnell (R-KY) said that nothing will be addressed until all the Bush-era tax cuts are extended; including and especially tax cuts for the wealthiest 2% of Americans. Democrats propose and support extending the cuts for every American except for the extremely wealthy.

What that means is that Democrats want to continue tax cuts for 98% of the American people and allow the cuts to expire for the remaining 2%. That 2% includes millionaires and billionaires who will gain an average of $104,000 in cuts at the same time Republicans are blocking extending unemployment benefits for millions of Americans who lost their jobs to Republican sponsored outsourcing and the financial meltdown caused by deregulating financial institutions and banks at the hands of Republicans.

http://www.politicususa.com/en/gop-america-hostage

[Palehorse]

 

[Palehorse]

Democratic procedural votes on extending Bush tax cuts fail in Senate

Washington (CNN) -- Two Senate procedural votes on Democratic measures to extend George W. Bush-era tax cuts for people who are not super wealthy failed on Saturday, preventing the measures from moving forward.. . .

. . ."I am very disappointed that the Senate did not pass legislation that had already passed the House of Representatives to make middle class tax cuts permanent," President Barack Obama said afterward.
"I continue to believe that it makes no sense to hold tax cuts for the middle class hostage to permanent tax cuts for the wealthiest two percent of Americans," he said, "especially when those high income tax cuts would cost an additional $700 billion that we don't have and would add to our deficit.". . .
. . .Both votes were on Democratic amendments and included extensions of other expiring tax programs as well as the extension of benefits for the long-time unemployed.. . .

http://www.cnn.com/2010/POLITICS/12/04/senate.tax.vote/index.html?hpt=T2

These republican party tea bagging jackasses!!!!!   

[Henry Hawk]

That 2% includes millionaires and billionaires who will gain an average of $104,000 in cuts

they will not GAIN anything, it will just stay as it is....twist, spin, twist