Sunday, August 21, 2011

GOP: Tax hikes on the wealthy and corporations: Bad; tax hikes on the poor and middle class: Good

From AP, via, written by Charles Babington -
News flash: Congressional Republicans want to raise your taxes.

Impossible, right? GOP lawmakers are so virulently anti-tax, surely they will fight to prevent a payroll tax increase on virtually every wage-earner starting Jan. 1, right?
Apparently not.comm
Many of the same Republicans who fought hammer-and-tong to keep the George W. Bush-era income tax cuts from expiring on schedule are now saying a different "temporary" tax cut should end as planned. By their own definition, that amounts to a tax increase.
They're not even bothering to pretend that they are working for the interests of the average American, are they?

BTW - I am not necessarily opposed to letting the temporary payroll tax cut expire (as much as it would hurt), but it has to be paired with making the tax burden more fairly distributed by also allowing the Bush-era tax cuts, mostly focused on the wealthy and corporations, expire.

However, look for the GOPers to push for higher taxes on the poor and the middle class while at the same time insisting on lower taxes on the wealthy.

They'll call it their "jobs creation" initiative or some such line of BS.

And unfortunately, look for the Obama administration to surrender to the R extremists yet again.

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