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Re: The GOP's Payroll Tax Fiasco  

By: oldCADuser in FFFT | Recommend this post (2)
Wed, 21 Dec 11 9:06 PM | 49 view(s)
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Msg. 37273 of 65535
(This msg. is a reply to 37259 by clo)

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"...although he's spent most of his Presidency promoting tax increases...

This is a bunch of WSJ editorial crap. Obama has lowered taxes for 95% of working Americans since he took office, but of course you'd never know this reading Rupert Murdoch's WSJ editorial page or when listening to Faux News. Granted, there has been talk of returning the tax rates for the highest paid Americans to the pre-Bush levels, but then the Bush tax cuts were supposed to have been temporary anyway, so if Obama had NOT agreed to their current 2 year extension they would have ALREADY been raised to those previous levels. So how can the WSJ somehow imply that Obama has been spending his presidency beating the drum for higher taxes when the just the opposite has actually happened and it was his efforts and compromising which has brought this about?




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The above is a reply to the following message:
The GOP's Payroll Tax Fiasco
By: clo
in FFFT
Wed, 21 Dec 11 3:04 PM
Msg. 37259 of 65535

This is from the WSJ!

The GOP's Payroll Tax Fiasco

How did Republicans manage to lose the tax issue to Obama?.

GOP Senate leader Mitch McConnell famously said a year ago that his main task in the 112th Congress was to make sure that President Obama would not be re-elected. Given how he and House Speaker John Boehner have handled the payroll tax debate, we wonder if they might end up re-electing the President before the 2012 campaign even begins in earnest. 

The GOP leaders have somehow managed the remarkable feat of being blamed for opposing a one-year extension of a tax holiday that they are surely going to pass. This is no easy double play.

Republicans have also achieved the small miracle of letting Mr. Obama position himself as an election-year tax cutter, although he's spent most of his Presidency promoting tax increases and he would hit the economy with one of the largest tax increases ever in 2013. This should be impossible.

much more:
http://online.wsj.com/article/SB10001424052970204791104577110573867064702.html?mod=WSJ_Opinion_LEADTop


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