An
online article at NATIONAL JOURNAL dated Saturday told us, “Week five of the fiscal-cliff negotiations
came and went without any resolution”.
Today
is December 17th. The month
of December is more than half over.
There are only two weeks left in the year. And the
idiots in Washington have not done a damned thing to avoid the serious problems
that will result from the expired and expiring tax laws and the other issues
involved with the so-called “fiscal cliff”!
I
have nothing but the utmost contempt for the idiots in Congress. There
is no legitimate excuse for their incompetence, inaction, and total disregard
for the American public. These
arseholes take our money, in the form of inflated paychecks and extensive
entitlements, and bitch and moan and bicker and blame and basically do
absolutely nothing but play with their private parts.
The
lyrics from the musical 1776 echo in my ears – “Piddle, twiddle, and resolve.
Not one damned thing do we {they}
solve!”
Both
the Democrats and the Republicans, and their leaders (pictured above), are
equally incompetent and equally to blame.
We
had the opportunity to throw many of the bums out this past November, but we
(not me; my actions in the election booth, or rather in my case on the election
table, reflected the concept of GRIP – Get Rid of Incumbent Politicians)
re-elected most of them. I suppose the
thinking was the devil (incompetent idiot) we know is better than the devil
(incompetent idiot) we don’t know.
We
have all along assumed that these fools would eventually at least temporarily extend most of the already expired
“extenders”, most important of which is the AMT patch, and the expiring “Bush”
and other tax cuts for at least all but perhaps the “richest” taxpayers. Well eventually
is here!
What
will happen if nothing is done? The tax
filing season will not be able to start for most filers until March of 2013,
seriously delaying refunds. The
withholding tables for 2013 will either be too little or too much, resulting in
either underwithholding or seriously reduced pay checks. The federal income tax liability of just
about every American taxpayer will increase by potentially thousands of dollars
(for the average middle class taxpayer too, and not just the “wealthy”). And that is only the beginning. Even if the problem is temporarily fixed
retroactively in 2013 there will be delays, possible withholding FUs, and other
consequences.
In
short, it will definitely not be a happy New Year!
What
more can I say?
TTFN
1 comment:
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