Thread, I've changed my mind on the Payroll Tax Cut extension. I'm in favor of it, as long as it is passed as the Democrats want it passed, with an increase in taxes for the wealthy. This one is cut and dried to me. I'm NOT in favor of anything that increases the deficit, but this one does not, as long as the tax increase on the wealthy goes through.
This bill is a litmus test for the GOP. But again, we all know the GOP is always for the wealthy.
Michael Tomasky: GOP Is Set to Self-Destruct Over Payroll Tax
thedailybeast.com
Nov 29, 2011 4:45 AM EST
In rejecting an extension of the payroll-tax cut, Senate Republicans show beyond a doubt that their party favors the wealthy over ordinary Americans, says Michael Tomasky. Every blessed once in a great while, all artifice is stripped away, rhetoric collapses under the weight of its own absurdity, and we get to see things as they really are. Such will be the case later this week when the Senate tries to vote on extending the payroll-tax holiday. The Republicans will oppose it—that is to say, the Republicans will support a tax increase on working Americans. And why? Because the Democrats want to pay for it with a small surtax on the very top earners. So the choice couldn’t be more direct: which is more important, giving the middle class a tax cut or protecting those who make more than $1 million a year? Republicans are making it clear. This vote alone should destroy them. |
