Monday, September 13, 2010

Rebuplicans Blocking a Tax Cut?

They claim they are stopping a tax hike for the rich.
In the process, they are preventing a tax break for the middle class.

Both of the above links take you to the same place, because both of these statements are true. Just as both of these statements are false. Obama is not trying to raise taxes, he is simply considering not renewing temporary tax cuts made by President Bush. The Republicans are not blocking a tax for the middle class, they are saying that is it all or nothing.

I would be curious to see the Democrats concede that the tax increase for individuals earning over $200,000 or for couples earning over $250,000 will not be raised. Instead, the tax cut will expire only if you earn over a million dollars a year. Five million? How about a billion? Will Republicans be willing to have voters going to the polls in November knowing that their tax cuts expired because the Senate Republicans were looking out for a true minority: billionaires.

If Democrats are trying to shape the message, this might be a strong way to go about it. Give even the upper middle class a (longer) break, but let those with a ten digit salary (or worth) pay their fair share.

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