On July 25, on ABC's "This Week", Treasury Secretary Tim Geithner said he believes that George W. Bush's tax cuts for the wealthiest 1 or 2 percent of Americans should be allowed to expire as scheduled at the end of this year.
I agree.
The Republicans surely will not agree. And that is kind of ironic, in a way.
You see, the Republicans scream about the deficit. But those Bush tax cuts, along with the ongoing unnecessary wars in Iraq and Afghanistan, are the biggest reasons for the deficit. Where was their outrage when Bush was president?
Will the Dems in Congress -- and maybe a handful of responsible Republicans -- find the strength to end those handouts to the billionaires so we can start rebalancing the budget without having to cut more social services for the real taxpayers?
I hope so, but I shall not hold my breath.
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