AAAintheBeltway
Registered: Oct 2001
Posts: 14532 |
08-13-12 09:10 PM
Quote from Free Thinker:
do you mean the tax cuts for the rich that when passed by republicans and were supposed to end 2 years ago?
They were ALL supposed to end. Democrats agreed to extend them ALL.
They also agreed to extend the AMT fix. Otherwise a lot of people would get socked by an unexpected alternative minimum tax bill, which can be substantial, not tha tObama cares.
Reelect Obama and I see no way to avoid the fiscal cliff. Maybe it will be a good thing, as at least we'll begin to get the budget under control. Personally, I am not at all worried about the defense cuts. They waste that much per week probably. Do we really need more manned planes or more WW II type ships?
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