Larry Fry's Blog Entries

“I, the undersigned, an American citizen, taxpayer, and voter -

Whereas the U.S. is facing one of the worst recessions since the Great Depression;

Whereas consumer spending and economic activity has contracted causing the downturn and high unemployment;

Whereas the Bush tax cuts, enacted in 2001 and 2003, will fully and automatically expire as of Dec. 31, 2010;

Whereas the expiration of these cuts will cause a massive tax rate increase for almost all working Americans, including those in the:

35% bracket which will increase to 39.6%,

33% bracket which will increase to 36%,

28% bracket which will increase to 31%,

25% bracket which will increase to 28%,

10% and 15% will condense to 15%;

Whereas the capital gains tax will increase from 15% to 20%;

Whereas the tax on dividends will increase from 15% to 39.6%;

We demand that our representatives in Congress fully and completely renew the Bush tax cuts; and do so without delay to ensure public confidence in the markets and economy.”

Make sense?  Then please click on the link below and sign the online petition.  Thanks!

http://leagueofamericanvoters.com/petition.aspx?s=al&promo_code=A746-1&key=7007EX