"CARRY ON, MY COUNTRY"

2012 TED CRUZ INTERVIEW

2012 TED CRUZ INTERVIEW
Interviewer:
“What is your understanding of how one becomes a natural born Citizen?”
Ted Cruz:
“Two citizen parents and born on the soil.”

Wednesday, November 28, 2012

5 Dirty Little Secrets About the Bush Tax Cuts

Investor's Businss Daily
...not to say that the Bush tax cuts weren't flawed. They were phased in over time — limiting their effectiveness — and they came with an expiration date.

As a result, taxes will automatically go up unless Congress votes to extend the Bush tax rates.

That alone is the reason for the fierce political debates today over which parts to extend and which to let expire.

Reagan's tax cuts, in contrast, were permanent, so the only way Congress could increase taxes on anyone was to actually vote for a tax hike.

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