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Default Taxing the economy away....


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On Thu, 22 Jul 2010 17:23:42 -0700, "nom=de=plume"
wrote:

Bob that is exactly what happens if they do not come up with a new tax
bill between now and December. It is already the law. The tax cuts
simply expire.


So, do you think the Republicans are going to sit on their hands if the
Democrats in control of Congress allowed that to happen? Come on. You know
there's going to be some monkeying around with them.

Again if past is prologue, the republicans will stall, obstruct and
generally be a pain in the ass.
Truth be known they want the tax cuts to expire so they will have a
club to use next year.


Exactly, and the Dems will not let that happen.

You will certainly not see anything happen until after November unless
they simply rubber stamp an extension which is what my crystal ball
says.


Get out the Windex! We'll see. Even an extension would prove my point.

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