Wednesday, July 28, 2010

Tax Cuts Set to Expire

A blog posted on July 25, 2010 titled Coming Soon: The Biggest Tax Increase Ever is an eye opening post. The article covers the upcoming Tax Increase due to the Bush administration's tax cuts that are getting ready to expire soon. I for one had no idea that tax cuts put into place could have an expiration date. To sum it up, the Democrats are choosing to hide from this issue and are wanting to table the issue until after the November elections. Apparently that may be too little too late, since the tax cuts are due to expire January 1st, 2011. What the article fails to point out is some of the specifics of the tax increase.

The author, only known as John, makes his argument that the Democrats are expecting voters to be ignorant on the issue. However, the author does cite the Rasmussen poll that shows public interest is on the rise where taxes are concerned. The author goes on to quote the New York Times, who point out that this issue on tax increases could play a huge role in the November elections.

I'm glad that this blog, intended for the general American public, has brought to light the issue of the impending tax increase. However, I think this author has made only a subtle attempt at taking a definite position on the issue. I can only assume that he, like any other American, doesn't agree with any tax increase no matter how big or small. I agree with the author in that I would oppose a tax increase of any kind.

After reading this blog, I'm not quite sure if the author is making an argument against a tax increase or if he's trying to bring to light the democrats trying to avoid the issue. Check it out for yourself and decide...

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