Dems to Extend Bush's Middle Class Tax Cuts

Time Magazine ^ | July 21, 2010 | Jay Newton-Small

[2ndDivisionVet]

Just when you thought Congress was spent -- literally -- and done for the year they'll turn around and surprise you. No money left to do anything? United Republican opposition? Democrats are planning to take on the great white whale of spending: extending President Bush's middle class tax cuts. The cost is estimated from $1.6 trillion to extend them to as much as $2.7 trillion to make them permanent. According to Senate Democratic sources, the latter is what they're going to go for -- and they're planning to do it before the midterm elections.

[mojitojoe]

[savedbygrace]

This is so devious.

[Candor7]

They will extend them but we need them permanant.And for those who think this will buy them out of the jobless recovery we are having, think again.

You can't pay taxes on what you do not earn.

And the Dems know that tax revenue will be down anyway for 5 yeras, the cuts are a sop which is happening anyway by virtue of the recession.In short the Dems are giving nothing away, there is no revenue to give in extending the cuts.Its the feel good ,hopey changey manipulation at work again

[Mind-numbed Robot]

... extending President Bush's middle class tax cuts. The cost is estimated from $1.6 trillion to extend them to as much as $2.7 trillion to make them permanent.

The only way you can interpret letting the people keep their money as spending is if you consider the money to be yours, the governments, instead of the peoples'.

[funfan]

Oh I was just responding to the text that was written
on the post did you not write it?

[italianquaker]

I have been paying attention, words are words they will never keep these tax cuts, Dont believe the spin

[listenhillary]

Remember the offshore drilling that the Democrats relented on in 2008? After that they pulled a Lucy and picked up the football in 2009 taking it away again?

[OrangeHoof]

Oh, goody! I could use another muffler. < /sarc >

Seriously, after demonizing the Bush tax cuts for a decade, I hope the Dims catch hell for this even though it is the right thing to do.

[RightOnTheLeftCoast]

"I begining to think they know too. They seriously can’t be that dumb."

They know. It just sticks in their craw. They can't kill the golden goose of capitalism quite yet, though that's their goal. The sound you hear is the DemocRats saying, "Well, the elections are gonna be a bloodbath as things stand, so let's yank this one bludgeon away from the GOP for the next couple months. We can always hike right after the first week of November, after we've convinced all those short-memoried schmoes that we aren't communists bent on crushing capitalism. So hold your nose and go along with it; it's temporary."

[alancarp]

"...6 months in 2011"

Yeah, I expect some sort of escape clause.

[Loud Mime]

Since the exipration of the tax cuts was caused by Senator Robert Byrd, I call them the Klan Tax Hikes.

[Alamo-Girl]

Bump!

[Safrguns]

>>> Oh I was just responding to the text that was written
on the post did you not write it?

I was being sarcastic... both posts...

Check the difference in the font sizes I used in my original post where you actually noticed the fine print... Then you’ll understand my original point.

hehe... you may have been the only person that actually read the fine print, so thanks for noticing... were it not for people like you we would not know what is in all this crap the dems are shoving down our throat.

[rfp1234]

Too late. The donkeys already passed ObamaKare, and Obambi is trying to defend the mandate as a ‘tax’.

[Safrguns]

oops... thats 2 that read the fine print. They onto me now.

[LadyPilgrim]

This isn’t April 1st is it? :-\

Good if they do. But is it their definition of who is “middle class” they’re talking about?

[Oldeconomybuyer]

Somehow this is RACIST!

[Sequoyah101]

Perfect, class envy, divide and conquer.

F’em all.

[Mariner]

All Independents and Libertarians and Republicans...even SOME Democrats know that if you raise taxes on small business, you kill jobs.

That's the ONLY things the GOP has to say...and keep saying, mantra like, for the next 3 months.

The dims wants to tax every small business in America.

[Maelstorm]

The Democrats are going to piss off their base more than they know. Really they are damned if they do damned if they don’t.
This however is clear betrayal of their most loyal troops.