Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Do you agree with this?
Look down to the "earmarks" and "businesses in American Samoa" or should we say "nancy pelosi' husband'.
----- Original Message -----
From: Bob Meyer
To:
Sent: Saturday, December 11, 2010 10:38 AM
Subject: [Suffolk-County-9-12-Project] Obama and RINOs already flipping bird to Tea Party!
Dear Fellow Conservatives:
Many of you have contacted me about the bipartisan tax deal reached between President Obama and Republican leaders. I've carefully reviewed the legislation and I wanted to explain to you why I cannot support it.
First, I do not want to see anyone's taxes go up and I have been fighting for years to permanently extend all the tax rates. I disagree with the President that we cannot afford to extend these rates for everyone. It's the people's money and we should not raise taxes on hardworking American families.
But this bill does much more than simply extend tax rates.
For starters, it includes approximately $200 billion in new deficit spending and stimulus gimmicks. That's a lot of money that will have to be borrowed from China and repaid by our children and grandchildren. If we're going to increase spending on new programs, we must reduce other spending to pay for it.
The bill also only extends rates for two years. We don't have a temporary economy so we shouldn't have temporary tax rates. Individuals and businesses make decisions looking at the long-term and we're not going to create jobs without giving people certainty as to what their taxes will be in future.
The bill also fails to extend all of the tax rates. It actually increases the death tax from its current rate of zero percent all the way up to 35 percent. One economic study shows that this tax increase alone will kill over 800,000 jobs over the next ten years.
Finally, the bill now includes dozens of earmarks for special interests, including ethanol subsidies, tax breaks for film and television producers, give aways for Puerto Rican rum manufacturers, favors for auto racing track owners, and a hand out for businesses in American Samoa.
The President called Republicans "hostage takers" this week but he should be pointing his figure squarely at himself. We've known for years that these tax rates were going to expire but he did nothing about it until the last minute. Now Americans are being told they have to accept hundreds of billions in new spending and stimulus gimmicks, an increase the death tax, and a bunch of unnecessary earmarks or their taxes will go up.
I'm not going to be bullied into voting for things that will hurt our country because politicians in Washington ignored the problem until it was a crisis.
Many of you fought hard to elect new leaders to the Senate this year with the expectation that they would fight deficit spending, tax hikes, and backroom deals. I take that commitment very seriously and I'm prepared to vote against this bill even if I'm the only one in the Senate to do so.
I appreciate the efforts made by my party's leaders to negotiate this deal but I believe Americans deserve much better. This deal should be rejected and then fixed. We can easily extend these tax rates without increasing spending once the new crop of Republican senators, including Pat Toomey, Marco Rubio, Rand Paul, Mike Lee, and Ron Johnson, are sworn in. The President has already conceded that taxes cannot go up and we'll have more Republicans in Congress in a few weeks to fight for a better deal.
Thank you for supporting the principles of freedom and for your continued encouragement. I will continue to do my very best to be your voice in the United States Senate.
Jim DeMint
--
This message was sent by Rosetta Malvese (rosetta@nassaupatriot.com) from Nassau - Queens County 9-12 Project....A Tea Party Affiliate.
To learn more about Rosetta Malvese, visit his/her member profile
Meetup, PO Box 4668 #37895 New York, New York 10163-4668 | support@meetup.com
5 Answers
- 5 years ago
1) Indo-pak are still the Biggest Rivalry in cricket - Agreed Dwayne Bravo is the Best 'intelligent' All rounder than others (Current players) - Agreed 3) Mohammad Amir is a Better Bowler Than Wayne Parnell - Dis-Agreed 4) South africa is a well balanced side than other teams - Dis-Agreed 5) AB de Villiers is the most Stylish player than other players - Dis-Agreed 6) Brett Lee can no more be a 'effective Bowler' as his age is catching up with him - Dis-Agreed 7) Lasith Malinga Has the best hairstyle - Dis-Agreed 8) Daniel Vettori is the best slow left-arm orthodox spin in terms of flight and guile rather than Big turner or pinpoint accuracy - Agreed 9) Cricket section is Getting better and Better - Agreed 10) Cricket is a very Good entertainment than Movies - Agreed
- random6x7Lv 61 decade ago
Nope. First of all, the "death tax" only affects less than 1/2% of Americans, and those are of course the richest ones. Personally, especially considering that the wealthiest Americans got us into the economic mess we're in now, I think they can help to get us out. Besides, they got rich because of the working class's labor (no one gets rich on their own; every rich person either has rich families or lots of employees).
Secondly, government spending isn't like doing the household budget. The government actually does have to spend its way out of recessions and depressions. The problems right now include not enough jobs (over 10 million more people are looking for work than there are actual openings) and not enough money moving around. If the government spends money putting people to work, it will actually generate more money. For instance, $1 worth of food stamps ends up moving something like $1.76 around the economy. Also, many, many people are government employees or are employed because of government money. Teachers, professors, cops, construction workers, transportation workers, scientists, postal workers, and so on all rely on governmental money for their jobs. Most of those people really don't make much money (professors and many scientists aside). If we cut government spending, we're going to cut those jobs (again), and we'll have even more unemployed people and even fewer jobs available. Americans have been fed a pack of lies by the wealthy robber barons who are only interested in their own financial gain.
Third, we need to raise taxes somewhere. We have two incredibly expensive wars going on, and we just don't have the money for them. I mean, yeah, we do need government spending to help the economy, but most of the war spending is literally going up in smoke, and we're not even paying soldiers enough to keep them off welfare. We have a crumbling infrastructure and economy, and we're blowing up our money instead of spending it on improving lives here at home. It's ridiculous. Halliburton may be making a mint, but I'm worried about finding a job in my field after graduation, and so are many of my friends.
- Anonymous1 decade ago
Could u give more details?
- How do you think about the answers? You can sign in to vote the answer.