J.E.D
Gold Member
- Jul 28, 2011
- 14,159
- 2,229
- 280
- Banned
- #1
You guessed it: Extend all of the Bush tax cuts. In other words, Republicans aren't serious about compromising. Big surprise.
WASHINGTON -- Sen. Jon Kyl announced Monday what it will really take to extend a payroll tax holiday for the middle class: an extension of tax breaks for the wealthy.
The Arizona Republican, taking to the Senate floor after Democrats proposed a 1.9 percent surtax on income above $1 million to pay for the payroll tax break, argued that the tax cut didn't work. But, he said, he'd still support its extension if the wealthy keep their breaks, too.
Sen. Jon Kyl Raises Tax Hostage Scenario: Extend Bush Cuts For Payroll Tax Break