Tax cuts for the rich, good; Obama's tax cuts for the poor and working class, bad. Republicans say Obama's tax cuts were meant to be temporary. Maybe they were, but so were the Bush tax cuts. If we can't raise taxes on the rich in a stale economy (the Republican argument until they change their reasoning once the economy improves), then why is it okay to raise taxes on the poor and working class in a stale economy? Oh, that's right, these are Obama tax cuts; so, they must be bad. Republican Senators Face Risks With Tax Cut Plan - NYTimes.com WASHINGTON — Senate Republicans will press this week to extend tax cuts for affluent families scheduled to expire Jan. 1, but the same Republican tax plan would allow a series of tax cuts for the working poor and the middle class to end next year. Republicans say the tax breaks for lower-income families — passed with little notice in the extensive 2009 economic stimulus law — were always supposed to be temporary. But President Obama had made them a priority in 2009 and demanded their extension in 2010 as a price for extending the Bush-era tax cuts for two years, and both the White House and Senate Democrats are determined to extend them again. That sets up a potentially tricky issue for Republicans. They have said they do not want taxes to go up on anyone while the economy struggles to gain altitude, but under their plan, written by Senator Orrin G. Hatch of Utah, the senior Republican on the Finance Committee, about 13 million families would see their tax refunds reduced, and some would see their taxes increase. “Senator Hatch’s amendment would extend tax breaks for the top 2 percent of Americans,” Senator Harry Reid of Nevada, who leads the Senate’s Democratic majority, said this month. “But it fails to extend a number of tax cuts that help middle-class families get by in a tough economy.”
Cutting taxes on the wealthy and raising taxes on the middle class? Why would you expect anything different from the modern Republican party?
Per your link, Obama wants to go back to the Clinton tax rate for those filthy rich people you envy. But Bush extracted a cool trillion more from the rich than Clinton, thanks to his tax policies. Why would dumbass Liberals want to go back to Clinton's tax rate on the rich?
Right, Obama wants the people who can afford it, and who have seen their income increase steadily over the last 30 yrs, to contribute more; Republicans want to ask the people who can't afford it, and who have seen their income decrease steadily over the last 30 yrs, to contribute more. You were saying?
wait a minute...I thought we were told he was FORCED to extend these? now all of sudden we find out he Demanded they be extended this the game they play
