Could New York Democrat’s proposal to extend the Bush tax cuts mark the beginning of the restoration of Americans’ unalienable rights to liberty and the pursuit of happiness?
Two House Democrats in tough reelection races are asking Congress and President Barack Obama to extend the Bush tax cuts:
Reps. Bobby Bright (D-Ala.) and Mike McMahon (D-N.Y., pictured) asked members in a “Dear Colleague” letter Thursday to support extending the tax cuts, which passed in 2001 and 2003 and are set to expire this year, for at least another two years. Specifically, Bright and McMahon are asking lawmakers to sign a letter to Obama asking him to include the tax cuts in his budget plans for 2010.
“Allowing these tax rates to expire during this recession runs the risk of curtailing economic expansion just when it begins to pick up and could lead to a ‘double dip’ recession,” says the letter to Obama.
In the letter to the president, the members say the Bush tax cuts should not be allowed to expire. That would put them in opposition to Obama’s stated plan of letting some of the tax cuts meant for the wealthy to expire while keeping breaks in place for the poor and middle class, consistent with his campaign pledge of not raising taxes for anyone making less than $250,000 a year.
In a related development, former Tennessee Democratic Party Congressman Harold Ford, now residing in the Empire State, tells the Wall Street Journal:
“First we need to cut taxes for businesses in the country, small and large,” he says. “We ought to provide a six-month exemption from the payroll tax for all firms less than five years old. We ought to extend the current capital gains and dividend tax rates through 2012. We ought to make permanent all the research and development tax credits for businesses making those investments. And we ought to lower the corporate tax rate from 35% to 25%.”
I feared that the passing of ObamaCare could be the socialist tipping point from which the America we know might never recover, so I rejoice that it appears to be dead. So sure that the Dem Donkey would exhibit mule-like stubbornness and ram it through despite the lumps Scott Brown’s Plymouth Rock left on the heads of Obama, Pelosi, and Reid, that I proposed MLK-style non-violent civil disobedience to force its repeal.
But we aren’t safe yet, even if they let health reform die, because the damage from a great recession that ObamaDems won’t let We the People end for three more years, would also destroy millions of lives.
Conservatives need to drink tea from deep within Alexander Pope’s Pierian Wells and mount an offensive to seize our right to make a living on our own land, and especially with what lies under it and the seas. Want a booming recovery with good jobs and the side effect of falling energy prices?
Drill. Drill. Drill.
But the federal government bans it. Want to start or expand a business? The federal government punishes it. Want to get a loan from a bank? Why would they lend with no prospects for the profits from which the loan could be re-paid. Obama demonizes anyone that dares make a profit.
The only jobs created by the non-stimulus bill were for federal regulators and lawyers to stop business from doing business lest a rare rock get turned over and harm Mother Earth. The only jobs saved were state and local paper-pushers.
We have the right to earn a living!
Unless Harold Ford’s better idea catches on and more tax-cutting Bushies grow, there is zero chance that this recession will end, and the only way possible to make it happen is going to be up to We the People.
I propose massive MLK civil disobedience. His rights were being denied then. Ours are being denied now.
If I had an oil derrick, I would wheel in onto the Mall in D.C. one night and plan the writing of a letter from a Georgetown Jail (or from Marion Barry’s former cell downtown.
This recession is destroying lives. We can’t wait for two more election cycles to create wealth.
“One man with courage makes a majority.” – Andrew Jackson
Originally published @ Examiner.com, where all verification links may be accessed.