Thursday, January 3, 2013

Permanent Tax Cut, Define Permanent

To call the recent tax cut permanent requires that we redefine the term permanent. If we take a rational and non-bias look at how politicians develop both tax tables, and policies, we must concede they are never carved in stone. Regardless of the media spin, you should not believe everything you hear.

While we can blindly cling to the notion they they are permanent it merely means that they do not have an expiration date. In reality they are permanent only till they are changed, if changed they will most likely be moved higher because of the continuing massive deficits. This only gives me temporary comfort.

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