Every sane economist said extending the tax cuts at all was a risky venture, let alone extending those above $250k, which I saw referred to this morning as 'beyond stupid'.
This isn't based on actual analysis... just political BS to satisfy the TP whackjobs, and that set that believe cancer could be cured by tax cuts.
If you saw someone in your family, who was haemorraging money.. obviously the first thing people in this position would be suggesting is cutting their income? right?
- the smarter option would have been for Obama to offer to make the below $250k tax cuts expire in... 2020 or something like that (or even permanent) - and not extend the $250k+ bracket ... which most people, according to polls, agree with.
Hmm . . . every sane economist? I hear that every True Scotsman is of the same opinion. Unfortunately, there seems to be an epidemic of insanity among economists, as economists
favor extending them for all taxpayers by 54-33%. Although I'd love to hear what your "actual analysis" is.
If I had a member of my family who was going bankrupt because he or she was spending all of his or her money on useless sh*t, I'd tell him or her to stop spending money on useless sh*t. If said member of my family derived his or her entire income from stealing money from people, I would advise him or her to cut down on that habit, although perhaps a more reasoned analysis would suggest that he or she should steal more, while stealing a greater percentage from wealthy people.
