PA Pundits - International

caruba_alan20080111By Alan Caruba ~Cartoon - Govt Spends Powerball

I doubt that President Obama will compromise with the House Republicans on anything that might be done to avoid the January 2nd “fiscal cliff” that kicks in with higher taxes for everyone.

Obama has made it clear that increasing the tax rates on “millionaires” is his goal and he made that clear throughout the campaign. The income that would be generated from the increased rates would generate enough money to run the nation for about a week or so at most. In politics perception often trumps reality. And those “millionaires” are mostly middle class folks earning $250,000 or more.

As Chris Cox and Bill Archer, two veterans of the House, chairman of key committees, now in the private sector, wrote in a November 26 Wall Street Journal commentary, “The actual liabilities of the federal government—including Social Security, Medicare, and federal employees’ future retirement benefits—already…

View original post 959 more words

Advertisements

About Dean Garrison

Dean Garrison is a father of five, who faithfully pursues the American Dream. In the greatest country on earth there are hypocrites and liars abound, and he tries to expose them one at a time. It's time to get rid of the servant leaders who treat us as slaves.
This entry was posted in Uncategorized. Bookmark the permalink.

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