So, today I read this about the extension of the Bush tax cuts:
"What's at stake for the deficit?
Treasury estimates the costs of making the tax cuts permanent for everyone is $3.7 trillion over 10 years.
Of that, $3 trillion accounts for the cost of extending them for the vast majority of Americans, as the president has proposed. The remaining $700 billion is the cost of extending them permanently for the high-income earners."
So, over 10 years, when we have deficits of trillions, the consequences of not "making the rich pay their fair share" is $700 billion? The rest of the evil Bush tax cuts went to ordinary people? Is this right? That is not what has been portrayed in the main stream media lately. It has all been "we are in trouble because we cut taxes for the rich".
(This is from a CNN site - not known for being republican-friendly).