The past two day shave brought the only excitement to this lame-duck session of congress. Upon action of extending the Bush Tax Cuts, both sides are up in arms. I would venture to say that the Democrats are more vocal about it, but is that not always the case? The Obama-McConnell Tax deal was a compromise with two highlights:
1. 2 year extension of Bush Tax Cuts
2. 13 month extension of unemployment benefits.
The democrats are the largest critic here, crunching numbers and showing that the top 1% will receive an additional 20,000 worth of tax credits annually while the middle class (55,000) household median will only receive about 2,700 in cuts. To me that just seems proportional. You make more, you get taxed more. When tax cuts occur, the more you are usually taxed, the more of a reduction you will receive.
In addition, if this deal does not pass and Jim DeMint and Bernie Sanders filibuster it as they have threatened, the low low class (those making under 20,000 or unemployed) will receive no extension on their unemployment benefits and just wash away. Take a compromise for what it is! Your president is actually trying to reach across the isle and save you.
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