Friday, December 03, 2010

Bush Era "Millionaire Subsidies" to Continue?

Once again the Democrats fail to frame the debate and the Republicans will win on the issue of the Bush Era Tax Cuts.  If Democratic Senators would start calling these things what they are, instead of tax cuts they would wini the day.  These are "Millionaire Subsidies", plain and simple.  Yes there are minuscule tax benefits for the middle class, but whopping subsidies for folks who don't need it. 

The myth that these subsidies stimulate business is silly.  It might add a few more dollars to the coffers of Tiffany and Company, but on the whole the money just sits there. 

Meanwhile the GOP is holding hostage the much needed extension of unemployment benefits that actually do stimulate the economy.  Those unemployment checks get spent and that helps move this sluggish recovery forward and keeps the large number of unemployed from going hungry. 

Come on Dems!  Start calling things what they are and stop letting the GOP frame the debate!

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