The national media is all gassed up about what happens if congress is
incapable of reaching a compromise over increasing tax revenues or cutting “Entitlement Programs”. I say do nothing!
The reality is this so called cliff is nothing more than a lot of BS, and hears
why:
First – the Bush-43 tax cuts would automatically expire
because in 1981 republicans established 12-31-2010 as the date for Bush-43 tax
cuts to expire! Obama was foolish to extend them until 12-31-2012!
Second – large defense cuts will automatically kick in, and
defense spending will drop to eight times what our combined enemies spend
annually!
Third – the combination of increased tax revenues and lower
defense spending will finally begin reducing our $16 Trillion National Debt - and that's a good thing!
Fourth – lets be clear, if congress and the president do
nothing, there remains 365 days for congress to pass new legislation, and make
it retroactive to January 1, 2013. All the hype about middle class taxes going
up by $2000 is pure BS! Increasing taxes on the middle class is political suicide
for both parties!
woowoww amaing,,, i like it
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