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Steve Benen: How to Capitalize on GOP Tax Policy Obstinacy

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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-17-10 09:10 AM
Original message
Steve Benen: How to Capitalize on GOP Tax Policy Obstinacy
November 17, 2010

HOW TO CAPITALIZE ON GOP TAX POLICY OBSTINACY.... As far as Republican leaders on the Hill are concerned, a permanent tax break for the middle class is simply out of the question unless Dems agree to help millionaires and billionaires.

The Republicans' top tax guy in the House threatened in the clearest possible terms today that he and the rest of the GOP would vote to block any tax cut for the middle class during the lame duck session unless tax cuts for the wealthy are extended for the same period of time.

In a policy speech at the business-friendly Tax Council today, incoming Ways and Means Committee chairman David Camp called the Democratic plan for tax cuts -- a permanent tax cut extension for all income up to $200,000, and a temporary extension for income above that level -- "a terrible idea and a total nonstarter."

In other words, nothing has changed. Dems wanted permanent breaks for the middle class, and Republicans are holding them hostage -- give us breaks for the wealthy, they say, or we'll kill the whole deal.

The more obstinacy from Republicans, the better this should be for Democrats. We're talking about aggressive, unyielding GOP opposition to middle-class tax cuts. If Republicans are intent on killing them, why on earth would Dems try to stop them?

—Steve Benen

more...

http://www.washingtonmonthly.com/archives/individual/2010_11/026674.php
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FormerDittoHead Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-17-10 09:19 AM
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1. It's not this simple. Turnaround is easy.
Bush tax cuts expire. When the Republicans get in power, in 2 hours they pass an even more generous tax cut to the wealthy (including a whopper of a permanent "death tax" repeal.

Then it's up to Obama to sign or veto.

Then, if he doesn't sign it, he loses in 2012. Pure and simple. "Obama talks about giving working people tax cuts, but let middle class taxes go up and then he refused to cut their taxes back to what they were..."

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sadbear Donating Member (799 posts) Send PM | Profile | Ignore Wed Nov-17-10 09:58 AM
Response to Reply #1
2. The Senate is a dysfunctional mess
I'd be surprised if ANY bill gets to the President's desk.
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Hestia Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-17-10 10:02 AM
Response to Reply #1
3. Bull - people see this for what it is - holding the middle class hostage against the rich
Should Obama lose, it won't be for this.
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FormerDittoHead Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-17-10 11:48 PM
Response to Reply #3
4. I wish and hope you're right.
The fact is that my msg was pure conjecture. I personally don't think there's a WAY that Obama will lose in 2012.

But I don't like the thought of it being hard when it really shouldn't be that hard for him to win.
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