I just signed the petition from the NTU directing Congress to pass legislation continuing the current tax rates (aka The President Bush Tax Cuts), otherwise a THREE TRILLION DOLLAR tax hike will take place next year... and we all know that Washington does NOT need to be spending and wasting even more money. They already get $2.4 TRILLION to spend and can't even spend that responsibly and since Obama has been in office, they have been spending over a TRILLION DOLLARS MORE than the allowed $2.4 TRILLION (meaning deficits of OVER A TRILLION dollars a year under Obama AND $1.4 TRILLION THIS YEAR... which would be comparable to a family making $100,000 a year and spending over $140,000 a year and we all know that won't work!!!!)
Anyhow.. here's the link where you can sign the petition and I strongly encourage you to do so.
https://secure3.convio.net/ntu/site/Advocacy?cmd=display&page=UserAction&id=983&JServSessionIdr004
A Taxpayer Petition in Support of Preventing Tax Hikes
If Congress doesn’t act before the end of the year to prevent it, we’ll see an enormous $3 trillion tax hike take effect on January 1, 2011. Every single American, rich, poor, or in between, will see their income taxes rise, investment taxes skyrocket, and the revival of the currently expired Death Tax. These new burdens will devastate families and businesses across the country as they struggle to shake off the effects of the recession. Congress should act immediately to permanently extend current tax rates.
Recipients:
President Barack Obama
Your Senators
Your Representative
Message
A Taxpayer Petition in Support of Preventing Tax Hikes
Dear [Decision Maker],
Whereas, failing to act before the end of the year would lead to $3 trillion worth of tax hikes taking immediate effect at the beginning of 2011;
Whereas, failing to act before the end of the year would cause every income tax bracket to rise, investment taxes to skyrocket, and the currently expired Death Tax to return with a vengeance;
Whereas, higher taxes will devastate our shaky recovery by reducing incentives for individuals and businesses to work and invest;
Whereas, more than 300 economists from all across the country and the ideological spectrum signed on to a letter supporting extension of lower tax rates;
Whereas, the American people sent a resounding message in the 2010 midterm elections that they support lower taxes and smaller government;
Therefore: I urge the President and the United States Congress to act immediately to prevent huge new tax burdens by permanently extending current tax rates.
Sincerely,
[Your Name]
[Your Address]
[City, State ZIP]
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