The semi-beauty of this is that Obama doesn’t, like normal, have to lift a little finger (or take some time off his vacations) to do this. All he needs to do for most of it is veto any legislation that extends the Bush tax cuts.
So glad that a sunset clause was put in that law.. Now if only there could have been one for the Department of Education, the EPA, HHS, etc, etc, etc...
He’ll probably grab the 401K’s and allocate a tiny stipend as a replacement (if that).
We’ll probably be seeing the Vacant Room Tax (or whatever it was named) from Matt Bracken’s books, as well as the creation of IRS CART teams. It all depends on how quickly we start to slide into the gutter because of dear leader’s actions.
I don’t like mitt, but at least he won’t allow these taxes to rise. With Obama, we will have a depression, guaranteed.
I don’t like mitt, but at least there is a much better chance the he will not allow these taxes to rise. With Obama, they will go up no question, and we will have a depression, guaranteed.