Does Anyone feel like Bailing

Originally Posted by TheMercenary

Promises are made to be broken...

http://www.youtube.com/watch?v=6QoG5u_6kjI

John Stossel......one of those "objective, independent" sources?


Pardon me for borrowing one of your laughs.

How convenient for him to start with a "broken promise" on middle class tax cuts yet ignore the $288 billion in tax cuts in the stimulus bill (about 1/3 of the entire bill) that will benefit, to some extent, most American taxpayers

Including:

$116 billion in new payroll tax credit of $400 per worker and $800 per couple in 2009 and 2010.

$70 billion for a one year increase in AMT floor to $70,950 for joint filers for 2009

$15 billion for expansion of child tax credit: A $1,000 credit to more families

$14 billion for expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010

and tax cuts for small businesses:
$15 billion to companies to use current losses to offset profits made in the previous five years, instead of two, making them eligible for tax refunds.

How could Stossel miss this and instead focus on legislation (cap and trade, health care) in which he asserts there were middle class tax increases (wrong) when those final bills didnt even exist.

Caution: Fox fair and balanced at play!

What makes this so funny is the fact that most of the tea baggers and other extremists probably dont even know that many of them got or are getting these tax cuts