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Posted: 8:31 a.m. Friday, Oct. 23, 2009
By Neal Boortz
Nancy Pelosi had an interview yesterday with CNBC's Maria Bartiromo, and Maria actually asked a good question! She challenged Nancy Pelosi on the Bush tax cuts, suggesting to Princess Nancy that allowing the Bush tax cuts to expire would be the same thing as a tax increase.
So here's the question: "Does the expiration of the Bush tax cuts mean that there will be tax increases?"
This could have been answered in one word: Yes.
But Nancy couldn't bring herself to admit it. Instead. Here is what she had to say via The Swamp:
"That wasn't a tax increase,'' Pelosi said. "It is.. eliminating a tax decrease that was there... It was controversial to begin with. It is... a boon to those who have had it for now. But I think that you will see that happen.
"That affects, what? The upper two percent of our population. What we're trying to do is lower... taxes for the middle class, relieve burdens... on business. So that we can be competitive in job creation. And I think you'll see some interesting things emerge-- from the conversations we're having now. ''
What about allowing those tax breaks to expire at a fragile time in an economic recovery, the speaker was asked.
"I don't think many people here see, nor do the American people see those tax cuts at the high end as being job-creating,'' she said. "They don't... think that that's part of the reason we're in the fiscal, the budgetary situation that we're in, because those tax cuts cost money. And... they were... a cost to our budget, without any commensurate impact on the economy for job creation. To return money to the treasury. So, nobody sees those as a job-creator.
"Return money to the treasury?" Did you get that? Tanking earned income away from a small businessman --- and make no mistake, the vast majority of people who will suffer these tax increases are small businessmen and women --- so taking their money is "returning money to the treasury!"
If the voters of this country were (a) not government-educated; and (b) not so focused on their Hollywood celebrity news; they would run this barking moonbat out of office.
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