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Another Contract ON America...
If you happened to catch Keith Olbermann's Special Report on "small business" last night, you know that small business is more often than not actually a small business, but a tax-lawyer special effect to shield corporate profits from the actual fair taxes some corporate behemoths should be paying.
I even tweeted my thought of the moment.
But I digress.
In an extraordinary coincidence of timing, it seems the GOPers have put out another Contract on America that's cowardly been renamed a pledge, but the idea is the same:
In terms of specific proposals, Republicans propose to permanently extend all the tax cuts due to expire at the end of this year, give small businesses a tax deduction equal to 20% of their income, require Congress to review any new federal regulations that add to the deficit. The plan also calls for federal spending to be rolled back to pre stimulus levels, which the GOP says will save $100 billion in the first year.
So...they want to add $700 BILLION to the deficit, give the Koch brothers more money than they will ever need (again), cripple even more food safety rules, and kill any chance of recovery the economy has at this point.
Sounds like a contract hit to me...
