Taxes and Tradeoffs
Extending the Bush tax cuts on people earning more than $250,000 annually would cost us $60 billion, Dave Leonhardt points out. And he has a list of what that money could do for us otherwise. Some of the possibilities:
•Twice as much money for clean-energy research as suggested by a recent bipartisan plan.
•Free college, including room and board, for about half of all full-time students, at both four- and two-year colleges.
•A $500 tax cut for all households.
Those are just a few of the things an additional $60 billion could fund. But congressional Republicans want it to keep on going to give a tiny percentage of the wealthiest people an average of $25,000 each year.
Priorities, people.
Tags: clean energy, Education, taxes
WHAT about helping the 99ers?!!!!!!!!!!!!
I am a 99er in CO and am stunned by Obamas willingness to leave the 99ers to fend for themselves. Thank you Ed, Ketih and Rachel for all of your great work! I want to also give Rachel a special thank you for putting Austan Goolsbee o…n the spot in her interview on Thursday night when she asked “What about the 99ers”. It was amazing! Watch Goolsbee squirm in this short 1-minute video clip – and then send Rachel a huge thank you!
http://www.examiner.com/unemployment-in-denver/maddow-boldly-moves-the-99er-issue-to-the-forefront-join-the-99ers-new-effort
Also, if I may be so bold, please read my ‘open letter’ to my congressional Representatives, Senate Majority Leader Harry Reid and Speaker Pelosi on the tax cut ‘compromise’ – and then, PLEASE get involved!
http://www.examiner.com/unemployment-in-denver/open-letter-to-my-congressional-representatives-senator-reid-and-speaker-pelosi
Kelly, Denver Unemployment Examiner
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