Thursday, December 08, 2005

repugs continue to help the rich, screw the poor

House GOP Pushes Ahead With Tax Cut Agenda
WASHINGTON - House Republicans, finally advancing their tax priority for the year, pushed forward Thursday with plans to keep reduced rates for capital gains and dividends alive for an extra two years.
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Democrats disagreed. Rep. Louise Slaughter, D-N.Y., said Republicans were working for the "super rich." "This bill is for them, the men and woman among us who earn more than $1 million a year," she said.
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Some moderate Republicans have had misgivings about the wisdom of passing a tax cut when the GOP wants, at the same time, to shave federal spending on government programs like Medicare and Medicaid. The government also faces big bills for hurricane cleanup, while trying to manage federal budget deficits.

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Because gawd knows that the ultra-rich needs the money! Too bad that we have to cut programs to help the poor and homeless and people who have been relocated due to the hurricanes, etc etc etc....Not to mention the fact that our deficit is still growing at a record pace. Apparently, repugs either think that money grows on trees, or they're just assuming that a Democrat will be elected in 2008 and then they will blame that person on all of the economic problems that they will inherit!