Monday, August 2, 2010

US Tax Cuts, Expiration Dates And Fareed Zakaria

The US is up shit's creek - thanks to eight oppressive years under the BUSH regime and its policy we're in the worst off financially than we've been in for nearly half a century.

Republicans are bitching about lowering the deficit yet they are against allowing Bush tax cuts for America's wealthy to expire (just to let you know nearly HALF of Americans do not pay income tax). Allowing these tax cuts to expire across the board would lessen the deficit by 30% (yes, that's 3-0 percent) and take us back to a similar taxing system as the Clinton Admin (which saw the budget balanced for the first time in 40 years as well as a economic surplus - think Prada, Gucci and Chanel for daaaaysss).

Watch CNN's Fareed Zakaria's take on what America should be doing (following in the steps of Great Britain)-

Please watch this and spread the word. Inform and empower yourself because it's taking a toll on ALL OF US.

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