- A closer look at fracking for natural gas
- Susan Johnson, copy editor, moves on after 21 years
- Guest Column: Clean Water Act: Supporters of clean water must make their voices heard
- Susan Johnson: Saying goodbye to a career
- Super Bowl XLIX prediction: Seahawks will top Patriots
- Sinnissippi Park improvements announced
- Rockford Park District recognized at Illinois Park and Recreation Association Conference
- Man gets natural life in prison for September 2011 murder
- Meet John Doe: Remember the crew of the space shuttle ‘Challenger’
- Tech-Friendly: Update your Adobe Flash Player today
Tax cuts should be extended
Every time in our nation’s history that an across-the-board tax cut has been implemented, the economy has greatly improved with more jobs for citizens and more money for the federal government, since we now have more people working and paying taxes with less taking tax money.
Newt Gingrich should receive the credit Bill Clinton gets for a healthy economy in the ’90s. Clinton knew he would have a tough time getting re-elected if he didn’t sign Gingrich’s tax cut bill.
President Obama doesn’t seem to understand this principle, and it seems he will increase taxes on the middle class if the Bush cuts are also applied to the rich. He states he will not sign such an extension.
Tax increases on the rich is so negative and pure demagoguery. There are many more votes to increase these taxes (even if it really damages our economy) than votes to, for instance, extend the Bush tax cuts intact. So, it seems another example of Democrats playing politics for more votes.
Michael A. Smith
From the Oct. 31-Nov. 6, 2012, issue