Friday, December 5, 2014

Democratic vs. Republican Plans for the Economy

There is a huge difference between the two major political parties on how they plan to improve the economy. Republicans think that corporations and 1% people pay too high taxes and middle income and poor pay too little. Democrats, on the other hand, are supporting earned income tax credits and child tax credits. Republicans want to allow those to expire while making tax cuts to businesses permanent. http://nymag.com/daily/intelligencer/2014/12/republicans-back-to-raising-taxes-on-the-poor.html

Democrats are seeking an economy that works for everyone, not just big businesses. So while Democrats are trying to get legislation passed to help everyone, Republicans are again working for the 1%. President Obama threatened to veto a deal that some Democrats had agreed to in the Senate that would have extended tax cuts for businesses.

Let's support our president and his efforts to help all Americans. The Whitehouse.gov site has the President's plan laid out in clear language and amazing graphics.  I encourage you to take a look:  http://www.whitehouse.gov/share/economic-update-where-we-are-and-where-were-going

Then let your representatives in Congress know how you feel about the two party's plans for boosting the economy.  Contact them at Senate.gov and House.gov




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