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NO $700 Billion Tax Cut For The Rich!

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babsbunny Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-12-10 06:10 PM
Original message
NO $700 Billion Tax Cut For The Rich!
http://www.democrats.com/no-700-billion-tax-cut-for-the-rich

Bob Fertik November 10, 2010

25,085 of 30,000
people have signed – see totals by state and Congressional District.
Background

In his weekly address on November 6, President Obama said:

...at a time when we are going to ask folks across the board to make such difficult sacrifices, I don’t see how we can afford to borrow an additional $700 billion from other countries to make all the Bush tax cuts permanent, even for the wealthiest 2 percent of Americans. We’d be digging ourselves into an even deeper fiscal hole and passing the burden on to our children.

I recognize that both parties are going to have to work together and compromise to get something done here. But I want to make my priorities clear from the start. One: middle class families need permanent tax relief. And two: I believe we can’t afford to borrow and spend another $700 billion on permanent tax cuts for millionaires and billionaires.

President Obama is right. Sign the petition to tell your Representatives you oppose another $700 billion tax cut for the rich.
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