Extend all Tax Cuts with Deep Spending Cuts Across the Board

Even the rich are people too. And they're the ones that make the jobs. Not extending all the tax cuts is estimated to cost 710,000 jobs a year, with another 800,000 jobs lost because of the healthcare law, too. The economy would grow almost .7% slower, losing $91 billion in revenue each year after accounting for new revenues from higher tax rates! And this is not what caused a good economy under Clinton! Clinton cut spending, and he was president during the middle of the internet boom! Right now, investors are trying to sell before a 5% tax increase, and the rich are trying to hide they're assets. Beware of the fiscal consequences of overspending and over taxation.