A predictable vote.Byline: The Register-Guard With the election just over a month away, Republicans in Congress have demonstrated that their Democratic rivals can be manipulated with astounding a·stound tr.v. a·stound·ed, a·stound·ing, a·stounds To astonish and bewilder. See Synonyms at surprise. [From Middle English astoned, past participle of astonen, ease. All that's needed is a cleverly timed vote on middle-class tax cuts. Republican leaders correctly predicted that Democrats, including presidential nominee In United States politics and government, the phrase presidential nominee has two distinct meanings. The first is somebody chosen by the primary voters and caucus-goers of this party to be the party's nominee for President of the United States. Sen. John Kerry Unlike Bush's outlandish out·land·ish adj. 1. Conspicuously unconventional; bizarre. See Synonyms at strange. 2. Strikingly unfamiliar. 3. Located far from civilized areas. 4. Archaic Of foreign origin; not native. tax rebates tax rebate n → devolución f de impuestos; reembolso fiscal tax rebate n → ristourne f d'impôt tax rebate to millionaires, there is widespread support for programs that ease the tax burden on the middle class. But the Bush administration and its cronies in Congress have made it clear that they have no intention of approaching even sensible tax relief with responsible fiscal discipline. When they were introduced, the middle-class tax cuts were touted as temporary in order to reduce the cost of the $350 billion tax cut in 2003. But they were cynically crafted to expire during an election year, when it would be political suicide Political suicide is the concept that a politician or political party would lose widespread support and confidence from the voting public by proprosing actions that are seen as unfavourable or that might threaten the status quo. for most members of Congress to oppose an extension. The recent vote to extend the middle-class tax cuts will cost $146 billion. Congress hasn't got the money, and Bush refused to approve any plan designed to finance the cuts by closing corporate tax loopholes or limiting the time period of the extension. The result is that this money, like all the rest of the funding for Bush's irresponsible tax cuts, will have to be borrowed now, piled on top of an already record deficit and ultimately repaid by the children of the people receiving the tax relief. Apart from the president's inability to pay for it, the most maddening aspect of this so-called middle-class tax cut is that even it is skewed skewed curve of a usually unimodal distribution with one tail drawn out more than the other and the median will lie above or below the mean. skewed Epidemiology adjective Referring to an asymmetrical distribution of a population or of data toward the top 20 percent of income earners, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Urban Institute-Brookings Institution Tax Policy Center. The real middle bracket of U.S. incomes - the 20 percent of households in the center - will pocket an average of $169 in tax savings next year. Households in the top 20 percent of incomes will get an average of $1,196, and those with incomes between $200,000 and $500,000 will get back an average of $2,172. The Bush administration and Congress are counting on the fact that the billions and billions in mounting U.S. debt - increasingly held by foreign banks - is too abstract for most people to grasp. But $169, now that's real money. The only problem is the final bill for that $169 isn't going to arrive for another 10 years or so. And when it does, those taxpayers won't be able to hold the responsible parties accountable. |
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