I thought the speech was very good, and I also thought the President demonstrated great passion as well as great exasperation that he has so little support to do the things for this country that MUST be done.
Here are the highlights courtesy of The Monitor:
Nearly $250 billion in tax relief for individuals and businesses through tax credits and a variety of tax cuts.
140 billion to upgrade roads, bridges and schools.
35 billion to help keep teachers, police and firefighters on the job.
Extending and expanding a payroll tax cut that would save the typical American family $1,500 in taxes in 2012.
A payroll tax "holiday" for employers on any new hires or wages. All companies would be eligible for the break, which would apply to up to $50 million in new payroll spending.
Cut the payroll tax in half for businesses with payrolls of less than $5 million.
The President bent over backwards to find programs and tax cuts that the Republicans should NOT be able to vote against. But sadly for the American people that will only work if the Republicans are not actually willing to let this country crumble into disrepair for short term political gain. I have to say that I do not have much confidence that such an obvious act of treason is not exactly what the Republicans have decided to do.
Showing posts with label tax cuts. Show all posts
Showing posts with label tax cuts. Show all posts
