The Democrats are going to let themselves be railroaded into extending all the tax cuts, which will continue to balloon the deficit, and what will the GOP'ers be running against Obama with in 2012?
The deficit. Which they will label OBAMA'S deficit.
However? They won't be there to spend anymore will they?
So, the "plan" is to get the Dems out so that they can't spend any more money. Then the Republicans can sit back and claim that they've done nothing to help the deficit (after all they gave the country a huge tax break) and keep pointing the finger at Obama??! How does that help anyone, rich or poor?
The after tax income of the top 1% of income earners went up 135% after the Bush tax cuts. The Bush tax cuts were (are) unfairly beneficial to the top 20% income brackets. All the Dems are asking for is for the playing field to be a bit more level. All the Republicans are asking for is for the current playing field to remain in play and for the deficit to continue on it's current path. That way they might have a shot at Obama's position in 2012.
The Republicans need to show me how their plan benefits anyone other then the top 20% income brackets. A 135% increase for the top 1% compared to a 17% for the middle class income brackets certainly doesn't sound "fair" to me.