Thursday, December 02, 2010

Record Profits to business, Record bonuses on Wall Street, Record Unemployment on main street. Tax Cuts to the rich work? For who?

Record Profits to business, Record bonuses on Wall Street,
Record Unemployment on main street. Tax Cuts to the rich work?
For who?

Sean Lewis
December 2. 2010

Republicans claim tax cuts will trickle down to Working America,

They say we need to keep these tax cuts because Big Business
and wealthy Americans are the engines of job growth.

Well we bailed out wall street, allowed wealthy Americans
to keep their record bonuses, and did not raise their
taxes. The result flat job growth.

However Wall Street does now have even HIGHER Bonuses,
and Corporations now have record profits.

You think that since the rich Americans and corporations
are doing so well they might be able to pay higher taxes
since they are NOT hiring or creating new jobs?

Republicans say no, and we should punish the unemployed by
not extending benefits, and the GOP feels it is unfair to force
the rich to pay higher taxes, because we can't afford not
to give tax cuts even though it will cost more then the
unemployment benefits!

I think it is clear who the GOP supports. It ain't America.

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