POSTED: Wednesday, February 1, 2012 - 7:59pm
UPDATED: Tuesday, February 14, 2012 - 11:20am
tyler — We did this story earlier this week and when I was going over it before I read it, I could not believe what I was reading and I was wondering where the outcry was.
CNS News reports, The amount of money the federal government takes out of the U.S. economy in taxes will increase by more than 30% between 2012 and 2014, according to the Budget and Economic Outlook published today by the CBO.
That's the Congressional Budget Office that we are always reminded of which is so-called non partisan.
The reports also states, at the same time, according to CBO, the economy will remain sluggish, partly because of higher taxes.
There's more..."In particular, between 2012 and 2014, revenues in CBO's baseline shoot up by more than 30 percent," said CBO, "mostly because of the recent or scheduled expirations of tax provisions, such as those that lower income tax rates and limit the reach of the alternative minimum tax (AMT), and the imposition of new taxes, fees, and penalties that are scheduled to go into effect."
Am I the only one having a problem with this?
What are we doing to fix the economy?
Now that it's election season, that's all off.
Now its all hype and promises.
In fact, I heard a great quote last week, "Washington D.C. has two seasons. The season of promises and then the season of alibis."
I just want someone or some people who really gave a damn and would fix things.
That's my point of view, what's yours?
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