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Tax and Unemployment Agreement Leads to Jobs Growth

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FarCenter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 05:22 PM
Original message
Tax and Unemployment Agreement Leads to Jobs Growth
http://www.americanprogress.org/issues/2010/12/tax_agreement.html

Interpretation of their cost estimates:

2-yr cost
For unemployed/low-income
Unemployment extension $ 56 billion
Refundable low-income credits 38



For middle class
Middle class tax cuts 360
Payroll tax cut 120



For business
Business extenders 80
100% depreciation/bonus depreciation 180



For rich
Upper class tax cuts 120
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 05:29 PM
Response to Original message
1. Not true.
Because the treasury is essentially insolvent and we show no will to change that.

Which means this nation will not receive a dime of investment money that would create jobs, not a dime from the greedy, unpatriotic rich who are thriving...for now...on our induced insolvency.

But the supermarkets will keep operating.
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