Hoyer: Permanent middle class tax cuts too costly

AP ^ | June 22, 2010 | Stephen Ohlemacher

[C19fan]

House Majority Leader Steny Hoyer said Tuesday that tax increases will eventually be necessary to address the nation's mounting debt, raising a difficult election-year issue as Democrats fight retain control of Congress. In the shorter term, Hoyer raised the possibility that Congress will only temporarily extend middle-class tax cuts set to expire at the end of the year. He pointedly suggested that making them permanent would be too costly.

[airborne]

And by “costly” he means it will cut hand outs, which will “cost” Democrats votes.

[EQAndyBuzz]

Bush’s Fault!

[SumProVita]

We KNEW this was coming....

[FreePaul]

...tax increases will eventually be necessary to address the nation's mounting debt...

I hope that the Democrats campaign on this for the next three years. If the Dems don't will any Republicans try to tie the Dems to their promise of tax increases?

[Errant]

As in afraid of loosing any perks...

Pelosi's New District Office Costs $18,736 a Month

[Rational Thought]

There is nothing “moderate” about this guy. He is, like almost all Democrats, Liberal. Liberal means tax increases are always the answer.

[mewzilla]

Wish I could buy a copy of this for every voter in the nation....

The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen

[Linda Frances]

STOP PENDING! My 3 year old grandson will tell you that.
These people are fools. Will this senator tell HIS kids to go deeper in debt when they are in trouble with money?

[sickoflibs]

RE :”In the shorter term, Hoyer raised the possibility that Congress will only temporarily extend middle-class tax cuts set to expire at the end of the year. He pointedly suggested that making them permanent would be too costly. “

Didnt Obama himself recently cynically claim that Tea Party protesters should be happy for him by ‘cutting’ their taxes? Didnt Obama promise over and over NOT to raise our taxes?

[A_perfect_lady]

At my previous job, one of my supervisors was a hardcore Obama fan. Hardcore. I told him that our taxes would go up under Obama, as they always do under Dem rule. He claimed "only the rich" would be taxed at a higher rate. I bet him $100, and we shook on it.

He later claimed to have no memory of this bet.

[dr_who]

A permanent congressional seat by Steny is too costly.

[sauropod]

Having Spendy Horror being in CONgress is “too costly.”

[poobear]

Costly for whom Steny!???!!!

[sauropod]

More fun and games from another Murland politician!

[Rutles4Ever]

A tax increase will be countered by increased spending, so the net gain will end up a negative anyway. There is no good reason to tax people more except for the motive of stealing from the citizenry that make the economy (what’s left of it) actually run.

[equalitybeforethelaw]

Now thats a winning campaign slogan. Way to go Steny.

[truthandlife]

Big campaign commercial against the Dems on this one. The middle class needs to vote all of the bums out.

[rabscuttle385]

FU Steny Hoyer!

[Alberta's Child]

Here's my dumb question of the day: If it's fiscally sensible to extend these tax cuts, then why did the Bush administration include the 2011 "sunset" provision when it proposed these tax cuts in the first place?