Obama Tax's

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Q: Your mission is to write a blog about these tax cuts.  What do these cuts mean for you?  What do they mean for the wealthy?  For the poor?  For businesses?  Are you in favor of these cuts?  Why or why not?  What are the potential consequences of these cuts?  What is the downside of less taxes?  What is the upside?  Are you happy about these tax cut extensions?  Were you surprised that Obama decided to keep the Bush era cuts in place?

A: I agree with all Bush era tax cuts being continued, and they help everyone across the board, if the rich want to pay they can just donate!  The consequence of Obama's pact is extending jobless benefits, thats why they expect the deficit to continue to increase.  I'm not a fan of the child tax, it's money down the drain, but I favor the estate tax, it only lasts for two years.  After think and reveiwing the Obama "deal" it does'nt surprise me that he moved in favor of extending the tax cuts, because at the same time he's "back dooring" jobless benefits and the possible ethanol credit.  I'm surprised he has'nt shoved in "Don't ask don't tell."