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Apparently, the Republicans and Democrats are close to a deal for extending Tax Cuts and Unemployment Benefits. A few months ago the debate was strictly about tax cuts so how did we get to this point? And who was involved in this deal? Or was the Obama Administration working backroom deals again?

Republicans don’t want the Bush-era tax cuts to end for all citizens. They especially don’t want them to end for small business owners who would be penalized by higher taxes. If the tax cuts expire, they will increase to higher levels. Republicans feel with higher taxes, business owners would not hire people or create new jobs. But what constitutes as a small business?? Some small businesses have multi-billion dollar revenues. They only classify themselves as small businesses in order to enjoy great tax benefits.

The Democrats want tax cuts permanently extend for all but the highest earners. If they don’t extend, the middle class will have to deal with a tax hike. And the middle class is already dwindling as we speak. Democrats want tax reductions that would benefit everyone making less than $250,000. Most people I know are scratching their heads trying to figure out when did $250,000 become a middle class salary? If $250,000 is a middle class salary, then I should be on welfare and living in the projects.

So what does unemployment benefits have to do with any of this? Apparently at the end of the year, they are set to end as well. And the Republicans were not going to sign off on them. They felt that the benefits were another thing that would increases the deficit. Probably, but aren’t tax cuts going to increase the deficit? So the two issues were somehow combined into one measure and that is how we got to this point.

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Citizen Ojo is a northern born and southern bred social commentator that blogs about society at large. He blogs regularly at http://thedesultorylifeandtimes.blogspot.com/.