Obama calls for middle class tax cut extension - Jennifer Epstein - POLITICO.com
“Pass a bill extending the tax cuts for the middle class, I will sign it tomorrow. Pass it next week, I’ll sign it next week,” Obama said. “Right now our priority needs to be giving middle class Americans and small businesses the security they deserve.”
So if Republicans in the house really do care about the working class in this country, as they claim to, they'll pass the extension to them and let Obama sign it. If they instead choose to show the entire country that holding out for cuts for the super-wealthy is more important than guaranteeing cuts for the middle class, they'll practice more Obstructionism in the name of "smaller government."
How do you think non-partisan voters will view them if they go that route?
So, it sounds like you're for cutting taxes for some but you want to raise taxes on wealthier Americans. My question is why raise taxes on anybody?
Do you believe raising taxes on the "rich" will increase revenue to the government? There is much evidence that suggests just the opposite may be true. The UK is experiencing the Laffer curve right now by NOT realizing the revenue promised after raising taxes:
The Laffer Curve Wreaks Havoc in the United Kingdom - Daniel J. Mitchell - Townhall Finance Conservative Columnists and Financial Commentary
But let's say I'm wrong and raising taxes on the "rich" does result in more revenue to the government. Are you going to actually pay down the deficit with that extra money...or just spend more? If it's the former, please provide any evidence that such a thing could happen in Washington DC. If it's the latter, why in the hell should we support even more deficit spending?
Again, the question is WHY do you want to see tax rates increased on anybody, especially after you acknowledge that taxes on the "middle class" should not be increased. A little logic and reason if you please.