NEVER FORGET - Bush corporate tax-cuts did NOT Expire

[FreakinDJ]

As we enter into another round of The Budget Standoff where RATpubliCONs will blame single mothers on welfare for the woes of our country - We never did rescind the Bush Corporate Tax Cuts which cost the US several $Trillion annually

Bush quietly signs corporate tax-cut bill

With no fanfare, President Bush Friday signed the most sweeping rewrite of corporate tax law in nearly two decades, showering $136 billion in new tax breaks on businesses, farmers and other groups.

Intended to end a bitter trade war with Europe, the election-year measure was described by supporters as critically necessary to aid beleaguered manufacturers who have suffered 2.7 million lost jobs over the past four years.

But opponents charged that the tax package had grown into a massive giveaway that will add to the complexity of the tax system and end up rewarding multinational companies that move jobs overseas.

There was no ceremony for the bill-signing. White House press secretary Scott McClellan announced it on Air Force One as Bush flew to a campaign appearance in Pennsylvania. Bush mentioned the new tax law at the beginning of a health care event in Canton, Ohio.


http://www.nbcnews.com/id/6307293/ns/business-stocks_and_economy/t/bush-quietly-signs-corporate-tax-cut-bill/

[Javaman]

1. Shush you...

it's now become permanent due to congress's slight of hand ability to distract the public with nonsensical shiny objects.