Wednesday, December 21, 2011

Tax Crap

Smoke, mirrors, and stupidity.

The SocSec tax-reduction continuation was fiscally dumb (that piper MUST be paid, you know).  But of course,  Obozo's grandstanding is just as stupid; when 15% of the workforce is not working, an extra $20.00/week for those who ARE working isn't going to turn the economy around.  If it were really all that effective, 2011 would have been a lot better than it was.

But there's more:  the AMT "patch" expires at the end of this year.  It's not part of the legislation.  Same-o for the "doc fix" which would increase payments to Medicare providers.  And that AMT patch is particularly important in Wisconsin and a few other high-tax States.  I understand that some Medicare patients like to see their doctors, too.

Altogether, Congress is over-rated at 19%.  So is Obozo at 43% re-elect.

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