I find myself with oddly divided feelings about this whole tax deal making its way through congress. On the one hand, while extending the tax cuts which we’re already experiencing seems prudent, especially in a recession, piling additional tax cuts on top of those (especially the across the board 2% reduction in social security withholding) seems seriously unwise when our deficit is already the size that it is.
On the other hand, I could certainly use the extra $150+ per month in take-home income. As I look at moving bills and such, I keep thinking, “Well, if this passes my paychecks will go up soon.”
We routinely scorn politicians for being easily bought, but I’m feeling rather hungry for my pot of lentils myself about now.