Watching my favorite show, TDS from Thursday night. I totally floved that $700 billion bit. Its been said that if Obama and The Dems got their way and eliminated the tax cuts on those that make over $250,000 a year, it would raise $700 billion dollars. The Republicans/Faux News keep saying that the amount wouldn't do anything to solve our debt crises and in fact take need money away from the so-called "job creators" that only seem to be able to create jobs in third world countries.
However, the Republicans are all fine with increasing taxes on the poor and middle class. As Jon Stewart pointed out, the bottom 50% of the country has a combined wealth of $1.4 Trillion, about the same amount as the combined wealth of the top 2%. If one takes half of that amount, its, oh lookie, $700 billion.
The republicants that are all 'no raising taxes' and can't let the Bush tax cuts expire on millionaires because its a 'tax increase' but have absolutely no problem with refusing the extend the payroll tax holiday on the poor and middle classes (who are the only ones that pay it all in full) because "its fair to make them pay" and the country needs their money to reduce its debt.
It just amazes me that the faux news people can say with a straight face that $700 billion from millionaires is "eh, too little to consider", but when its from the poor and middle class, suddenly its a game changer and a save to the country.
And yet, those morons in the "heartland" continue to vote for these hypocrits and liars because of the social issues and the lie the republicans keep telling them that Obama wants to raise their taxes. I bet there isn't more than 20 people per "heartland" state that make more than $500,000, yet their all afraid that the bad black man will raise their taxes. Its such bullshit.
Come on Dems show them who is really lying out there. Quit bending over and kowtowing to these liars and hypocrits. Most of the media would probably like to be on your side, if you'd give them something to hold on to.
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