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Senate Democrats promise to push Obama tax agenda

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  • Locke Rexburg, ID
    Jan. 25, 2012 3:18 p.m.

    The push by democrats to raise taxes on business owners and employers ("the rich") shows how upside-down their understanding of economics really is. They propose the exact opposite of what is needed to stimulate the economy -- that's why their efforts of the past 3 years have been a miserable failure that have prolonged the recession, kept unemployment high, stifled business growth, and increased the federal deficit.

  • Pagan Salt Lake City, UT
    Jan. 25, 2012 4:16 p.m.

    'They (Democrats) propose the exact opposite of what is needed to stimulate the economy -- that's why their efforts of the past 3 years have been a miserable failure that have prolonged the recession...' - Locke | 3:18 p.m. Jan. 25, 2012

    Really?

    And yet, we have been PAYING, to give the wealthy tax breaks...

    since 2001.

    **'Hatch, Republicans challenge tax cut expiration' - By Becky Bruce - Deseret News - 12/01/10

    "WASHINGTON, D.C. Republicans in the U.S. Senate are drawing a line in the virtual sand, vowing to keep all legislation off the Senate floor unless Congress extends the Bush-era tax cuts..."

    So, to claim that 'the Democrats' have been holding the economy back...

    after we have been doing a REPUBLICAN tax break for the wealthy...

    for the last x10 YEARS, is foolish.

    Result?

    **'Study: Rich get a lot richer, outpace middle class' - By Andrew Taylor - AP - 10/26/11

    "It finds that after-tax income for the top 1 percent of U.S. households almost tripled, up 275 percent, from 1979 to 2007."

    Last x3 years?

    Try the last x10 years...have been a misrable failure.