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Republicans ... argued that the payroll tax reduction, unlike other tax cuts, wouldn't pay for itself by spurring the economy and thus should be paid for with spending cuts. Others said it was a bad time to allow any tax to rise. And a few Republicans didn't want to vote for a bill that would represent a political win for Obama.
Republican image on taxes takes a hit ~~~ Shifting Heavily Against the Republicans
Seeded on Fri Feb 17, 2012 4:45 PM EST
Article Source: The L.A. Times
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Norquist believes Republicans will retain their dominant position on taxes once Congress begins debating the George W. Bush-era tax cuts due to expire at the end of December. Obama wants to do away with the breaks for households earning more than $250,000 a year and individuals earning more than $200,000.
"At the end of the day, Obama's asking for about a $1 trillion in new taxes," Norquist said. "And that means he's coming for you, which will be an easy case to make."
Yet even on the Bush-era tax breaks, GOP deficit hawks are having second thoughts.
I think the Republicans should put their spending-taxing King back in the closet. Norquist has way too much powerand he's not even elected.
- 2 votes
#1 - Fri Feb 17, 2012 4:49 PM ESTNorquist has way too much powerand he's not even elected.
What I don't get is he is a stand-up comedian why take him seriously?
- 1 vote
It is a good thing! The fact that I will use my one little vote against Obama doesn't mean that I won't give credit when it is due! WTG!
#2 - Fri Feb 17, 2012 8:05 PM ESTYou're in Easy Mode. If you prefer, you can use XHTML Mode instead. |
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