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The lame duck Congress may not vote on extending the Bush tax cuts

November 17, 2010

  We have often been told that small businesses are the engine that drive the United States economy, and right now there are no small businesses which are hiring. One of the reasons why small businesses are not hiring if because they are unsure of what the costs of doing business are going to be in the near future–or more specifically, after the first of the year.

  Two of the biggest unknowns that are haunting small businesses are healthcare reform and the Bush tax cuts. Before I get to the main topic of this post I would like to touch upon healthcare reform briefly.

 While the largest companies in America and many of the unions have received hundreds of waivers that exempt these companies from the ill effects of Barack Obama’s healthcare reform legislation, the small businesses–bereft of lobbyists and unable to afford the representation required to gain a waiver–are left with no waivers and will carry the full weight of Barack Obama’s ill conceived healthcare reform legislation on their backs alone.

  These small businesses will incur costs that these large companies will not, and considering that small businesses are supposed to be the engine that drives the American economy, is it any wonder that the American economy is stalled as these small businesses brace for healthcare costs that they cannot afford? As the costs of healthcare goes up, small businesses which may otherwise either hire new employees or at least keep the people they already employ will be forced to either not hire new employees or lay off current employees. 

  Now, moving on to the main topic of this post, the Bush tax cuts:

It seemed as if once the lame duck session of the Congress convened that the first and most important issue that would be debated would be the Bush tax cuts. Would the Congress vote to extend the Bush tax cuts on those making under $250,000 alone, or would the Congress vote to extend the Bush tax cuts on everybody? Or would there be some other compromise on this issue? These are all legitimate questions and they are vital if there is to be any chance of jump starting America’s faltering economy.

  The fate of many small businesses hang in the balance as the Congress gets ready to begin the debate over these tax cuts, but there is one small problem: talks have been delayed and there appears to be the very real chance that nothing will get done on this issue before the Bush tax cuts expire. If the tax cuts are not extended before the end of the year this will affect more than just small businesses and the rich, because contrary to the propaganda the left has been disseminating over the years, every single American got a tax break when the Bush tax cuts went into effect, and if the tax cuts are not extended, every single American will face what will be the largest tax increase in the history of the United States of America.

  Debating the Bush tax cuts should be the first thing on the agenda of the lame duck Congress because this is the one issue facing the Congress that has an absolute deadline, so what has happened to the talks? What is more important than ensuring that small businesses aren’t hit with jobs killing tax increases?

  We learned earlier today that Harry Reid plans on trying to push the DREAM Act through the lame duck session; could it be that the Democrats actually think that granting amnesty for illegal aliens is more important than trying to provide small businesses with a more business friendly environment in which they can operate and maybe even grow the economy? It seems that way to me.

  The number one issue on the minds of Americans is the economy; Americans are worried about their jobs and providing for their family, yet instead of focusing on the one issue that the Congress has control over in regards to the economy–taxes–Harry Reid thinks that the DREAM Act is more important.

  Harry Reid and the Democrats are simply out of touch with America; the Democrats in the Congress have their priorities mixed up because there is no excuse for them to focus on granting amnesty for illegal aliens when there are Americans losing their jobs every day. This last election has taught them nothing; they still plan on pushing through their radical agenda while ignoring the plight of ordinary Americans.

  Democrats are putting their radical agenda ahead of the needs and wants of the American people. The American people spoke loud and clear on November 2nd, but the Democrats in the Congress do not give a damn about the message we sent them because they still feel their agenda isn’t the problem. Remember, they think that we are too stupid and afraid to understand all the good they have done over the last two years, so they plan to move ahead with their agenda regardless of what we, the unwashed masses, told them at the voting booth two weeks ago.

  So while the lame duck Congress looks at passing the DREAM Act, the future of the American people hang in th balance. But hey, at least they have priorities I guess.

10 Comments leave one →
  1. Dominique's avatar
    Dominique permalink
    November 17, 2010 11:00 pm

    If you could see me you would see me banging my head against the wall! Why in the world did Nevadans vote this anti-American back in? Now we ALL get to deal with him. Ugh!

    Like

    • Steve Dennis's avatar
      November 17, 2010 11:27 pm

      I don’t understand how this man was re-elected! I am right there with you banging my head against the wall!

      Like

  2. Matt's avatar
    November 17, 2010 11:18 pm

    I think the Dream Act, for the Democrats, is a great way to say “FU” to the voters. They can’t get much else done, so they’ll punish us with the dream act, and by killing a more jobs.

    Like

    • Steve Dennis's avatar
      November 17, 2010 11:28 pm

      Yeah, it is like they are saying, “take this America, we will teach you to vote against us!”

      Like

  3. rjjrdq's avatar
    November 18, 2010 12:32 am

    The Dems may end up getting what they wanted by doing nothing. Then they’ll have higher taxes and still be able to say they didn’t raise them.

    Like

    • fleeceme's avatar
      November 18, 2010 1:18 am

      I totally agree with your assessment. And the worst part will be, they will say, “We were more than happy to extend them for everyone but the rich, but the GOP wanted to take care of their rich buddies, like they always do. If they were only willing to compromise we could have averted this catastrophe.”

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      • Steve Dennis's avatar
        November 18, 2010 6:54 am

        No matter how this plays out it is going to be spun as being the Republicans’ fault. They are using us as pawns and we are the ones that are going to end up getting screwed.

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    • Steve Dennis's avatar
      November 18, 2010 6:53 am

      A very good point, they will end up blaming the Republicans because the tax cuts had a sunset in them in the first place, even though the sunset clause was the only way to get the Dems to go along with the tax cuts.

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  4. Harrison's avatar
    November 18, 2010 2:31 pm

    If I were a business, learning whether the tax cuts stay or not would be priority #1. Until I knew I would not hire anybody or spend extra money. No wonder unemployment is up again today.

    Like

    • Steve Dennis's avatar
      November 18, 2010 8:45 pm

      Businesses cannot afford to spend money on either material, research, or hiring until they know how much money they have to spend. If taxes are higher they have less money to spend on these things, this further hurts the economy. It seems so simple, why cant the liberals understand this?

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