>>>As up to date as you are on the news, I thought you might have heard of the $800 billion giveaway to the rich that passed this week. Which is not expected to even goose the economy. Something about the estate tax in there also, I heard. Must be liberal media spin.
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>>>Mike, you are completely off base. It is NOT a giveaway....it is all about people being permitted to keep what they earned. The rich and successful have just as much right to the fruits of their labor and intelligence and capabilities as anyone else. Simple as that.
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>>Of course it is not as simple as that. People have never been permitted to keep everything they earn in any civilized society. This specific action extends the Bush tax cuts to the top bracket for another two years, at a huge cost and at a huge increase in the deficit and debt. Obama's original proposal was to extend the tax cuts for all but the very top earners. The Republicans said no, showing once again who their true constituency is.
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>>It's funny (not) that there was such a huge caterwaul about the 2008 bailout, which will wind up costing little or nothing, and so little about this much larger addition to the debt and into the pockets of the rich. You're being duped, KG, played for a fool, and you don't even realize it.
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>Well, when you can't get a job because the companies aren't hiring due to increased costs and fewer sales (due to inflation and the economy) and taxes (if the tax cuts didn't get continued), you can thank the party. Oh, that's right, there isn't going to be a tax increase after all so now you don't have to worry about it. But feel free to tell your new boss that his company should be paying more taxes... :o)

Please don't use me as your straw man. This discussion is not about corporate taxes, it's about taxes on the very top earning individuals. If you think moving $700 billion from our side of the ledger (you, me, 49% of taxpayers) to their side of the ledger in tough times is a good idea, we simply disagree.

PS -- inflation? ;-) I can't believe you said that.