I like this story. I don't believe it, but I like it.
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Personally, I think that it doesn't make sense to extend tax breaks for people making more than $200K. If you make more than $200,000 a year, you should be able to give a tiny bit more back to the country that supported you.
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It's not for welfare or crap - it's for roads, the wars that we insist on fighting, the bailout of Wall Street, schools and medicare.
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Hell, we have a government, it has to be paid for.