Wednesday, September 1, 2010

What’s Left?

New York's Legislature and Governor saddled New Yorkers with 243 new taxes and tax increases. It's time to stop this tax insanity. And, come the first of the year, we will be getting the tail-end of the tax double-whammy when the Bush Tax Cuts expire.

You may not be aware of what is happening with the Bush Tax Cuts, but they are set to expire as of the first of the year; all of them. Many in the media have tried to paint anything and everything that former President Bush did as bad. Was paying no taxes or less taxes bad? You’d think so by their accounts. In a nutshell, if the Bush Tax Cuts expire, everyone’s taxes will be increased by approximately 10%. It’s not going to matter that much for the wealthy. However, people who currently are in the lowest tax bracket, and/or pay no taxes, will now be paying at least 10% in taxes. This includes students, part-time workers and lower-skilled workers.

President Obama, House Speaker Nancy Pelosi, and Senate Majority Leader Harry Reid say they want to renew the Bush tax cuts, but only partially. Some leading economists say their plan is a sham and may cause a serious recession or even a depression. Three leading Senate Democrats are breaking from Obama's plan and have called for a full and complete renewal of the Bush tax cuts. Finally, some legislators have stopped drinking the KoolAid. Pelosi and Reid plan a congressional vote as early as September on the Bush tax cuts. I’m not holding my breath for them to do the right thing based on what I’ve seen from them so far.

The Bush tax cuts can be renewed, but millions of Americans must have their voices heard by the major media and most importantly, Congress. Let your voice be heard. Let’s preserve the Bush Tax Cuts.


Thomas Bock is the endorsed candidate of the Republican and Conservative parties for the 92nd Assembly District seat. He can be reached at info@Bock2010. Visit his website at www.Bock2010.com or his blog at www.electtombock.blogspot.com. You can contribute to his campaign through his website and Pay Pal 
or by sending a check or money order to 
Elect Tom Bock, PO Box 1098, 405 Tarrytown Road, White Plains, NY 10607.

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