Wednesday, November 17, 2010

Stephanopoulos Asks Michele Bachman the Stupid Question,"Why OK to Extend Tax Cuts?"

Stephanopoulos also asking why the wealthy get tax cuts and no extension of unemployment benefits?

The people earning over $250,000 are not wealthy,some might have employees and paying them out of the $250,000.

Those on unemployment are not employing anybody, they are out looking for a job.

This exchange is reported on Newsbusters . A excerpt of the interview follows:


STEPHANOPOULOS: But, why is it okay for the wealthiest Americans, earning over $250,000 a year?


BACHMANN: Well, remember again what this is. It's a massive tax increase. And it's on the people who are the job creators. And people want to think these are millionaires, sitting in leather chairs, lighting their cigars with $100 bills. That's not what we're talking about. These are people who are carpet layers that maybe employ two or three other guys. Or a plumber, maybe himself and his brother. And it's $250,000 in gross sales for their business. They're the ones that are looking at mass tax increases. So, for instance, in Minnesota, in my district, it would mean 2,000 jobs lost, if we don't extend the current tax policy. That's going to hurt more people than anything, if we can't have job creation. And this is a job-killer, if we raise taxes on the job creators.
STEPHANOPOULOS: Okay. Representative Bachmann, thanks very much for your time. 



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