Idea for a tax extension compromise (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
June 11, 2024, 06:51:10 PM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  Idea for a tax extension compromise (search mode)
Pages: [1]
Author Topic: Idea for a tax extension compromise  (Read 1834 times)
perdedor
Sr. Member
****
Posts: 2,638


« on: September 10, 2010, 08:46:27 AM »

Or Obama and congressional Democrats could just grow a pair and oppose renewal of any portion of the Bush tax cuts. It really blows my mind to think that while the Democratic Party controls both houses by large margins and the Presidency, we are still looking for places in which we can compromise with the GOP. Where's LBJ when you need him?
Logged
perdedor
Sr. Member
****
Posts: 2,638


« Reply #1 on: September 10, 2010, 09:40:42 AM »

Or Obama and congressional Democrats could just grow a pair and oppose renewal of any portion of the Bush tax cuts.

They campaigned on extending them for 98% of taxpayers. (Which also helps the richest taxpayers, because they pay some taxes in lower brackets.) It would take more than simply wanting to man up for them to decide to oppose the tax cuts in their entirety, it would mean a death wish for something most of them don't actually believe in.

Let it be known that opposing the Bush tax cuts and opposing tax cuts in general are not the same thing. It was the stimulus that fulfilling Obama's tax promises, the Bush tax cuts are an entirely different monster all together.
Logged
perdedor
Sr. Member
****
Posts: 2,638


« Reply #2 on: September 10, 2010, 01:15:01 PM »

Or Obama and congressional Democrats could just grow a pair and oppose renewal of any portion of the Bush tax cuts.

They campaigned on extending them for 98% of taxpayers. (Which also helps the richest taxpayers, because they pay some taxes in lower brackets.) It would take more than simply wanting to man up for them to decide to oppose the tax cuts in their entirety, it would mean a death wish for something most of them don't actually believe in.

Let it be known that opposing the Bush tax cuts and opposing tax cuts in general are not the same thing. It was the stimulus that fulfilling Obama's tax promises, the Bush tax cuts are an entirely different monster all together.

Obama specifically promised to keep the Bush tax rates for all but the highest tax brackets when he ran for office.

I don't recall Obama ever mentioning support for the Bush tax cuts in particular. If you have a link I would be glad to look it over. I seem to only recall Obama mentioning support for cutting taxes for the lower and middle classes (which he has done). It should also be noted that Obama's budget including letting the Bush tax cuts expire.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.017 seconds with 10 queries.