The Need To Extend Portions of Bush’s Tax Cuts

July 8, 2010

President George W. Bush’s tax cuts are set to expire on December 31st. While Democrats labeled these temporary tax cuts as “only for the rich,” these expiring cuts will drastically impact the middle and lower classes in America. The U.S. Congress should pass an extension of these tax cuts at least for those in the tax brackets below $100,000. The reality of the situation is that 85% of Americans earn less than $100,000 per year, and only 5.5% of Americans earn more than $150,000.

I have put together a chart of the current tax rates to compare them with what they were before the Bush tax cuts, and it’s below. As a college student, my tax rate is at the current 15% rate, and would increase over 60% to 25% if these tax cuts are allowed to sunset.  

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South Carolina Democrats Ensure Jim DeMint’s Reelection?

June 16, 2010

Have you heard of Alvin Greene? He is the current Democratic challenger to incumbent U.S. Senator Jim DeMint. What’s shocking is that Alvin Greene got 59% of the vote in a primary where he had no signs and no advertisements. He raised very little money. Greene defeated Vic Rawl, a former state lawmaker who was virtually assured to challenge DeMint.

That was, until Monday.  Democratic leaders are considering appealing to the state Supreme Court to claim that electronic machines could be to blame. Even the top U.S. Congressman from South Carolina (Democrat Jim Clyburn) is calling on state and federal investigators to learn how he raised the $10,440 to file to run. Clyburn and others claim that someone put up the money to put Greene as a Democrat to embarrass the party. Read the rest of this entry »

Obama’s Healthcare Reform Review: Republican’s Prospective

June 10, 2010

I often defend and smack around President Obama’s health care reform bill during the same breath. Was there the potential for bipartisan reform? Yes. Did Obama muscle it through, silencing the minority? Yes. President Obama should see how the Missouri Senate Republicans handled the tough issues of session, in which they which could have used the “nuclear option” on several issues. Instead, they compromised with the Democrats.

There are great things in the health insurance bill such as the elimination of lifetime caps on benefits, insurance eligibility for dependents, preexisting conditions. All of these things should be met with open arms. While the health insurance industry hates these provisions, they protect you and I, and are appropriate regulations.

Conceptually, I have no problem with requiring individuals to maintain some sort of health insurance coverage. Do I think it’s the federal government’s job to require this? No. This bill should have required states to pass a law requiring people to obtain some sort of health insurance option and tie Medicaid money to it. This carrot/stick mentality has been done with regards to auto insurance and seat belt requirements, the money being tied to transportation roads.

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