Our taxes -- the middle class taxes will go up if the Congress do not find the solution for what they call the 'fiscal cliff'. The amount will be over a thousand dollars for each taxpayer.
The provisions to cut social security taxes are set to expire within this month. We should be telling people YOUR TAXES WILL GO UP by thousands of dollars if the legislature do not find the middle ground.
It would be too late to say we should have prevent it from happening after they decide to expire the tax cuts for the middle class. It is as simple as that -- $16.4 trillion debts is not going away unless we pay them back.
The debt will go over the ceiling in February. Should we be borrowing money still, cut taxes or raise taxes?
President Obama has called out to take balanced approach to tackle the problem. The President has promised to voters not to raise middle class taxes but the taxes on the riches.
Looking around the globe, you would know what is coming. Nations in Europe is suffering from the cuts in spending. Both those governments and the citizens are protesting the cuts. There are people commiting suicide for pension cuts. Tens of thousands of people took to streets in Greece. Tens of thousands of students protested in London for tuition hikes. The Japanese parliament collapsed soon after it announced its plan to raise consumption taxes, or sales taxes even when all of the major parties agreed with the hikes there. We need to take measures: cut spending and raise taxes. But which spending? Taxes on whom?
The voters must make the lawmakers keep their campaign promises. The citizens should make the Congress work not for their corruption money but for the voters who voted for them. The middle class taxes should not go up, and the riches should pay their fair share. That was the promise and that is the promise that they should keep.
Let us hope the voices of the taxpayers will reach those lawmakers and that they would realize the next election will tell them what are on our minds -- you do what you are paid to do. Lower tuition and healthcare costs, do not to burden taxpayers. Their job is to negotiate and find not a chance to raise money but a solution to fiscal problems. Let us hope by the end of this year, we will be rest assured that we voted for people that we can trust and our tax money is in sure hands.
The provisions to cut social security taxes are set to expire within this month. We should be telling people YOUR TAXES WILL GO UP by thousands of dollars if the legislature do not find the middle ground.
It would be too late to say we should have prevent it from happening after they decide to expire the tax cuts for the middle class. It is as simple as that -- $16.4 trillion debts is not going away unless we pay them back.
The debt will go over the ceiling in February. Should we be borrowing money still, cut taxes or raise taxes?
President Obama has called out to take balanced approach to tackle the problem. The President has promised to voters not to raise middle class taxes but the taxes on the riches.
Looking around the globe, you would know what is coming. Nations in Europe is suffering from the cuts in spending. Both those governments and the citizens are protesting the cuts. There are people commiting suicide for pension cuts. Tens of thousands of people took to streets in Greece. Tens of thousands of students protested in London for tuition hikes. The Japanese parliament collapsed soon after it announced its plan to raise consumption taxes, or sales taxes even when all of the major parties agreed with the hikes there. We need to take measures: cut spending and raise taxes. But which spending? Taxes on whom?
The voters must make the lawmakers keep their campaign promises. The citizens should make the Congress work not for their corruption money but for the voters who voted for them. The middle class taxes should not go up, and the riches should pay their fair share. That was the promise and that is the promise that they should keep.
Let us hope the voices of the taxpayers will reach those lawmakers and that they would realize the next election will tell them what are on our minds -- you do what you are paid to do. Lower tuition and healthcare costs, do not to burden taxpayers. Their job is to negotiate and find not a chance to raise money but a solution to fiscal problems. Let us hope by the end of this year, we will be rest assured that we voted for people that we can trust and our tax money is in sure hands.