In a time when the economy is as horrible as it is now, one of the best ways to stimulate it is to give tax cuts to everyone. When you give rich people tax cuts, then they can hire poor people. When you cut taxes for the middle class, they have more money to go out and spend it to drive economic recovery and growth. If the Bush tax cuts are not extended, we will experience the largest tax increase in American history. This is certainly not the time when the American people can withstand the largest tax increase in American history. If Congress does not extend the Bush tax cuts, then this could result in weakening the economy so severely we may not experience true economic recovery until years from now. This is not the time to engage in class warfare. People need jobs!
People don’t want to have to depend on food stamps and unemployment checks—they need jobs! By extending the Bush tax cuts, Congress can give rich people, you know the people who actually provide the jobs, the ability to do more hiring and the ability to purchase essential things they need for their businesses, which further grows the economy. Congressional democrats are trying to play politics with the Bush tax cuts by saying that they want to first pass the middle class tax cuts, and then discuss the tax cuts for people making $250,000 and above a year. They know that Congressional republicans are not going to vote for a bill that is going to raise taxes on people making $250,000 or more. It sounds nice to be for cutting taxes for the middle class, but really what Congressional democrats are saying is they want to raise taxes on those making $250,000 or more a year. I want Congressional democrats to know that making $250,000 a year in many places in America does not qualify as being rich.
For those of you, and I am speaking to many of my friends too, who love to talk about the Bush tax cuts are mainly for the wealthiest people in America, I want you to know that they also pay the overwhelming majority of the taxes in America. If you cannot bring yourself to even begin to think about supporting a tax cut that would go to a wealthy person, then I want you to think about the last time somebody poor or just barely making it hired you. You should not have to think too long because a poor person or person barely making it never has hired you. Therefore, while it may sound good to say that you are not supporting the Bush tax cuts for millionaires and billionaires, what you are really saying is you are not supporting economic growth and efforts to improve unemployment.
In these tough economic times, be willing to give up being an ideologue for the sake of ameliorating our economy and to help our hurting people to weather this turbulent economic tempest.
Antonio Maurice Daniels
University of Wisconsin-Madison