Bush Era Tax Cuts
Posted in the Business News Forum
#1 Nov 27, 2012
This is a misnomer - Tax cuts were set up by Trent Lott and Tom DeLay. They should all be ended and paid back retroactive for the last ten years. This is not an increase, merely restoring back to the right levels before the rich gangsters got a free-for-all. No business should be allowed to pass the buck and no business should make more than 1/3 profit. Excess profits should be taken away!
Furthermore, constitutonality of retroactive tax could be challenged to US Supreme Court but by that time Court balance-of-power may be changed.
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