I agree. I was not looking forward to loosing the Bush tax cuts. I can’t afford it either. What amazes me is the freepers here that keep bashing the House. The House submitted a bill, do you really think the dems were ever going to pass anything in the Senate that the House passed. Get real. Obama is in control of the Senate.
I expect the freepers who wanted us to go over the cliff are either independently wealthy or already living off the government. If they are working for a living I’d like them to explain how they were willing to have more of their money taken from them had the cuts been ended.
Exactly. Spot on correct. At the very least this makes Bush tax cuts permanent for most. Win 2014 and 2016 and we can do it for all. I make a good salary but a tax hike will cause me to reign in my discretionary spending. If I do that there are probably millions that will do the same and that kills our investments in the market. I’m freaking tired of market collapses.
The Left plans and is willing to make their moves over the course of time, gradually wedding us to socialism. Our side can’t get 100% of what it wants and we pout, lambaste and fail to recognize incrementalism.