Replies to post #192674 on Simply Politics and News (GOV)

[RDG013]

Huge LOL!

BTW, Warren Buffet and Bill Gates both said they're in favor of eliminating the tax cuts they've enjoyed for the past 10yrs - THAT is the top 1% most people refer to when discussing tax cuts for the "rich".

Well good for them. Why don't they go ahead and just write the govt a check. Now, for those of us in the real world, if you jack up the taxes at the $250K level, it will put serious pain on the middle class and numerous small to medium sized S Corps and will an adverse effect on our economy.

If you understand that private job creation is what is needed over more govt subsidized jobs, the hurt of increasing these taxes is clear. Even JFK knew this fact! Yes, before you reply that tax levels are lower now than under JFK, the only thing that is important right now is that our economy is hanging by a thread and hurting those with the potential to spend and hire in this bad economy will only make the economy worse.

[Gulfbreeze]

I am all for it but just letting the tax cuts expire will not accomplish that...