Alexi Giannoulias: 700 Billion Reasons

[cal04]

http://www.dailykos.com/story/2010/9/22/904241/-700-Billion-Reasons
by Alexi Giannoulias

Republicans (and some Democrats) are holding middle class tax cuts hostage unless the top 2% of Americans get a massive new tax break. I strongly oppose any efforts to deprive the middle class of much-needed tax relief, which is why I hope you'll help me lobby Congress today.

I'm launching a new advocacy site today, 700BillionReasons.com, to help voters across the country share their reasons about why we shouldn't dole out a $700 billion tax cut to a sliver of the wealthiest Americans when we could use that revenue to invest instead in the middle class or pay down our debt. (http://700billionreasons.com/)

My new site lets you build your own budget with that $700 billion -- build schools, pay down the debt, invest in job creation tax credits, whatever you'd like -- and then lets you share your budget with your friends and family on Facebook and Twitter. Most importantly, my new site helps you contact your Senators and Representatives TODAY to demand that they reject Republican overtures to hold middle class tax cuts hostage.

WHY WE NEED TO FIGHT TO PROTECT MIDDLE CLASS TAX CUTS
Those clamoring to protect tax cuts for the rich rely on false data and faulty logic. Let there be no mistake -- Republicans voted to have the Bush tax cuts for the top 2% expire this year. They did so knowing full well that giving a permanent tax break to that bracket would be irresponsible and ineffective.

It's no secret that the Bush tax cuts for the rich have been wholly ineffective. Let's summarize the Republican position:

1. The GOP said that giving millionaires and billionaires tax relief for 10 years would create jobs.

2. Millionaires and billionaires didn't create jobs with the extra money in their pocket. According to independent analysts, they saved it.

3. We're seeing record unemployment, and the middle class has been decimated.

4. Now the GOP says let's hold tax relief for the middle class hostage unless millionaires and billionaires get more tax relief because this time around, we promise, they'll create jobs.


Unlike my opponent, Republican Congressman Mark Kirk, I deal in facts, not fiction. And since the GOP theory that giving massive tax breaks to the top 2% will help create jobs has been disproved, it should be off the table.

WHAT IT MEANS TO INVEST IN THE MIDDLE CLASS AGAIN
So where do we invest instead to get our economy moving again? Here are the facts:
more at link

[Rex]

1. Repukes love them some Class Warfare!

Series, why can't the ultra-rich...JUST THIS ONCE...give us working poor stiffs a break and maybe NOT make that extra 66 million from tax evasion laws written by their kids? Oh, right, money. I don't have alot of that stuff so I can only ask. I promise you this, never in my 39 years have I spent so little and made so little stretch so far for so long! That won't ever help the economy and if I am one in millions...well what next then? W gave us rebates, maybe someone should just hold accountable...rich people...and make them pay their fair share. It is not like they actually work for a living!

GOP = fuck the middle class.

[Blue Meany]

2. I think it's time we started calling them the bottom 2%

measured by the virtues of civic and personal responsibility, selflessness, generosity, and humanity. I don't look up to them; I look down on them.