Thom's blog - Friday December 3rd, 2010
By shawnt56
You need to know this about the tax cuts debate. The House yesterday passed legislation to extend the Bush tax cuts for ALL Americans on their first $250,000 of income per year. In response – Senate Majority Leader Harry Reid is planning on holding two similar votes tomorrow – extending tax cuts for everyone on their first quarter-million in income, but no tax cuts above that. However – all of this – may be for naught. News is emerging from the White House that a deal has been made to extend the Bush tax cuts for millionaires and billionaires in return for an extension of unemployment benefits for the nation’s jobless. So it looks like the Republican’s tactic to hold hostage poor and working class Americans this holiday season in return for their buddies getting billions in tax cuts – just may work. How can they get away with this? Whether it’s a failure of our President – our media – our Senate rules – or all of the above - something must change. Or else Obama will be a one-term president.
Thom's Blog Is On the Move
By webmaster
Hello All
Thom's blog in this space and moving to a new home.
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"If we are going to live in a Democracy, we need to have a healthy middle class. Thom Hartmann shows us how the ‘cons’ have wronged this country, and tells us what needs to be done to reclaim what it is to be American."
From Screwed:
"Thom Hartmann’s book explains in simple language and with concrete research the details of the Neo-con’s war against the American middle class. It proves what many have intuited and serves to remind us that without a healthy, employed, and vital middle class, America is no more than the richest Third World country on the planet."
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TWO YEAR TAX CUT EXTENSIONS - TWO YEAR UNEMPLOYMENT EXTENSIONS!