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A day after Republicans won control of the House of Representatives, President Obama said that he is willing to negotiate to ensure the Bush tax cuts are extended for the middle class by Jan. 1.
"How that negotiation works itself out, I think it's too early to say. But, you know, this is going to be one of my top priorities," Obama said during a press conference Wednesday.
It forever amazes me how the government can spend out of control all they want, and then force "rich" people to pay for the mess.
Government made the mess, why shouldn't government pay for it? And does anyone actually believe the extra taxes generated will go toward the deficit anyway? Really?
Did the stimulus money create a single job? No, it bailed out banks, unions, and auto manufacturers.
It forever amazes me how the government can spend out of control all they want, and then force "rich" people to pay for the mess.
Government made the mess, why shouldn't government pay for it? And does anyone actually believe the extra taxes generated will go toward the deficit anyway? Really?
Did the stimulus money create a single job? No, it bailed out banks, unions, and auto manufacturers.
It forever amazes me how the government can spend out of control all they want, and then force "rich" people to pay for the mess.
Government made the mess, why shouldn't government pay for it? And does anyone actually believe the extra taxes generated will go toward the deficit anyway? Really?
Did the stimulus money create a single job? No, it bailed out banks, unions, and auto manufacturers.
Why do you suppose that the tax cuts weren't made permanent when they were originally passed?It forever amazes me how the government can spend out of control all they want, and then force "rich" people to pay for the mess.
Government made the mess, why shouldn't government pay for it? And does anyone actually believe the extra taxes generated will go toward the deficit anyway?
The article seemed to feel the likely compromise solution would be to pass a temporary extension for everyone and revisit the issue in two years. The thinking being if the economy improves, the Democrats might be able to push for letting the cuts expire in order to help reduce the deficit. And the Republicans would go for it because they want to keep all the brackets tied together as one package, and not have to face arguing solely for tax cuts for top earners without having tax cuts for the middle and working class also at stake.
He's been talking about extending the middle-class tax cuts for ages, I'm not sure how you see this as a deviation from his views.
Strangely enough this specific solution...either making the middle class ones permanent and extending the top tier for 2 years, or just extending all for 2 years...was one that I Sarah Palin gave on fox when the hosts asked her what kind of things could she honestly see as a possability that Republicans and Democrats could potentially realistically compromise on.
Pretty sure it was Palin, but it may've been someone else on the show.
If Obama's position is "Extend middle class" and Republicans is "Extend all" then "Extend middle class and temporarily extend the upper class" seems to be a reasonable and logical compromise point.
It forever amazes me how the government can spend out of control all they want, and then force "rich" people to pay for the mess.
Government made the mess, why shouldn't government pay for it? And does anyone actually believe the extra taxes generated will go toward the deficit anyway? Really?
Did the stimulus money create a single job? No, it bailed out banks, unions, and auto manufacturers.
Why do you suppose that the tax cuts weren't made permanent when they were originally passed?
So in all that time the GOP has never had the votes? It's all the Dems doing?because at the time the dems would have blocked the bill in the senate if they were permanent
So in all that time the GOP has never had the votes? It's all the Dems doing?
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