Pin It
Favorite

Working-Class Tax Cut Stalemate 

Governmental parties still refuse to agree.

Republicans never met a tax cut they didn't like, unless of course it comes at the expense of their corporate masters. To wit, view the most recent partisan showdown in Washington that has Senate leaders wrangling over a no-brainer payroll tax extension. It's an issue that all working Americans ought to be taking an interest in after Senate GOP leaders beat back Democrats' attempt to broaden and extend the popular program that expires on Dec. 31. Government accountants have estimated that failure to act will have the effect of raising taxes on the average family by roughly $1,000 next year. To offset the budget impacts, the Obama Administration is proposing to hike taxes on the wealthiest Americans (roughly two percent of all dollars in excess of $1 million in income.) That's too much for the one percent party to swallow. GOP leaders rejected a compromise offer on Monday from Dems, setting the stage for another partisan showdown. But honestly, who are these folks representing? Does anyone besides the GOP leadership really think that working families should be asked to further pad the pockets of America's gilded class? Wtf.


Comments

Subscribe to this thread:

Add a comment

Latest in WTF

  • Reefer Madness

    Different opinions are made about the criminalization of marijuana in Oregon.
    • May 23, 2012
  • Are we in the f*cking twilight zone?

    Laws related to abortion were passed in Arizona that may seem a little odd to the rest of us.
    • Apr 11, 2012
  • Mt. B's D-Bag Gaffe

    CEO Dave Rathbun curses at a pass holder and later apologizes via email.
    • Feb 22, 2012
  • More »

More by Source Weekly

  • Picks 10/12-10/19

    • Oct 12, 2016
  • DO NOT SPIT ON MY CAR

    We recently visited Bend for the Film Festival and very much enjoyed ourselves, with one small exception. We parked our Ford in the public parking structure, only to find when we returned on Friday night that it had been spat upon, apparently in retribution for our Obama 2012 bumper sticker. I understand that whoever did this was passionate about politics, something I have always shared.
    • Nov 7, 2012
  • THE SOURCE ROCKS, BUT 'ONE DAY AT A TIME' DOESN'T

    After living in Bend for a year and a half, I recently stopped through on business. I love the town, the people, and all the outdoor beauty the area offers. One of my favorite things about Bend is without question, The Source. From the first time I read it, I knew it would be a cover-to-cover great time for me to enjoy all the stories, community news, the updates on all the music and arts, presentations, and great things goings on around town.
    • Nov 7, 2012
  • More »

© 2017 LAY IT OUT INC | 704 NW GEORGIA, BEND, OREGON 97703  |   Privacy Policy

Website powered by Foundation