This was an ill-considered article. The Democrats have already decided to raise taxes, by letting the Bush tax cuts lapse—after the election.
So if the election is a Republican sweep, the big question is “Will the Republican congress vote to restore the tax cuts?”
The follow up question is, “If the Republicans do this, will Obama veto the restored tax cuts?”
If he does, it’s highly unlikely that the new congress will override his veto, because it will be over another year before they have to face the voters again.
This means that the last question, is “Who will the taxpayers blame for higher taxes?”
“This was an ill-considered article. The Democrats have already decided to raise taxes, by letting the Bush tax cuts lapse—after the election.”
Actually, much more than that. The so-called Deficit Reduction Task Force is due to report, just after the election and they WILL force through new things like a VAT, end of Social Security Earnings Cap, probably a mileage (i.e., driving) tax, and just about anything else they can think of to make us a World-Class Country.
The Dems will vote for the whole package, since it will be all or nothing and they will want to leave the country with a going-away present.
This was an ill-considered article. The Democrats have already decided to raise taxes, by letting the Bush tax cuts lapse—after the election.”
What has been truly evil has been the campaign of lies the Democrats and willing media accomplices have engaged in to distort what is really going on in taxes.
It’s been a failure of the Republicans to not pound on these 3 issues - jobs, taxes and fiscal responsibility. The Democrats have struck out on all 3.
Few Democrats have a taste for the total wipeout that will ensue in 2012 if they don't.
Actually, the wipeout may occur in 2011!
The primary people the Bush tax cuts expiring will affect are higher income earners. They will know exactly who to blame.
Because there will NOT be enough votes to override a veto.