Tuesday, December 7, 2010

Obama's What??

Obama's tax cuts?

What tax cuts?

This "compromise" keeps income tax rates the same. Leave it to the leftist media to try and give the impression that Obama has made the GOP agree to give the middle class a tax cut. Something the GOP was not opposed to at all.

The GOP threw in the towel on "paygo" and allowed the return of the death tax.
They will also let Obama throw money into the unemployment benefits system without paying for it in spending cuts.

There is also something about a payroll tax cut, but I'm not sure whether they simply push up the amount the employer has to pay to "offset" it.

All in all its a stupid deal, but the dissension among the left is funny and almost worth it.

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