So, with all the talk of screwing the ordinary guy on the social safety net through Barack Obama's Pete Peterson sponsored catfood commission, Timothy "Eddie Haskell" Geithner still has the time to
promise people who never worked a day for their money that they will pay less in taxes than the guy at McDonalds:
Obama administration will keep tax rates at levels that benefit job-creating businesses and limit taxes on capital gains and dividends, U.S. Treasury Secretary Timothy Geithner said on Wednesday.
Interviewed on CNBC's "The Kudlow Report", Geithner said the intent is to extend and keep in place tax cuts that should benefit 95 percent of businesses.
"We're going to make sure that we keep at 20 percent the existing rates on dividends and capital gains," Geithner said. "We think that's good policy."
Call me a commie, but I think that people who work for their money should pay
less, not
more in taxes than the trust fund babies who haven't lifted a finger for their lifestyle.
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