I wonder... if the Republican Party really wants to be branded right now as the party of tax cuts and torture? I mean that's what they're selling.
It was absolutely critical to renew the Bush tax cuts. Letting them expire would result in a massive tax increase that would retard economic growth.
Republicans favor tax cuts for the wealthy and corporations, but these had no stimulative effect during the George W. Bush administration, and there is no reason to believe that more of them will have any today. As for the idea that cutting regulations will lead to significant job growth, it's just nonsense. It's just made up.
Even if Bush could be forgiven for taking America, and much of the rest of the world, to war on false pretenses, and for misrepresenting the cost of the venture, there is no excuse for how he chose to finance it. His was the first war in history paid for entirely on credit. As America went into battle, with deficits already soaring from his 2001 tax cut, Bush decided to plunge ahead with yet another round of tax "relief" for the wealthy.
I kid the Republicans, with love. I feel bad for them. They got nobody for next time. Who are they gonna run? Sarah Palin, reading off her hand. Did you see that? You saw this? She wrote "tax cuts" on her hand. A Republican so stupid she has to be reminded of the one thing - Tax cuts! This is like if you saw the coyote's paw and it said "Road Runner".
And then you've got Lieberman, who is for the war. And thinks the tax cuts could really help. He's basically for people who want to vote for Bush but don't think Bush is Jewish enough.
Why would we want to keep a tax cut that's failed? Why would we not want to go back to the Clinton tax code? And why would we not want to help every family more with a health-care plan like mine? Let's help average people. Let's be Democrats.
All Democrats for the last 30 years have tried to stimulate the economy by giving 'tax cuts' to people who don't pay taxes.
Hearing politicians tell us we can't afford a tax cut is like listening to a glutton tell you he can't afford a diet. In no other context do people talk about paying for money they don't have. I can't pay for your refusal to give me money because I need a yacht.
I cannot in good conscience vote in favor of tax cuts, irrespective of their size, or to which segment of the population they are targeted. Nor can I support any spending increases that are not related to improving our nation's defense from the obvious and serious threats facing us today.
There's one big difference between me and the others - I won't take every last dime of the surplus and spend it on tax cuts that mostly benefit the wealthy. I'll use the bulk of the surplus to secure Social Security far into the future to keep our promise to the greatest generation.
The House okayed the gasoline tax cut, which will increase the deficit, line the pockets of the oil companies, and hurt the environment; Dole said that if there was just some way this could interfere with people's sex lives, it would be perfect legislation.
Health care is still the number-one issue out there. Someone who seizes it, I think, will do very well in an election. Let's face it: Clinton's two big issues were the middle class tax cut, which he dropped, wisely, at the time to help reduce the deficit, and health care. That's what he ran on.
If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing.
Many Republicans have what I call a 'tax-cut syndrome' where they have never seen a tax cut they didn't really like and didn't see a tax increase they didn't hate and do everything they could to block.
If you want to really sort of quantify the dereliction of the Republican establishment, those two facts are the most important two facts. One, that they didn`t even understand the base of their own party, white working class voters who you know what, don`t care about tax cuts for the rich, really aren`t interested in the things that the elite part of their party want, including immigration reform. And number two, they spent eight months avoiding finding opposition research to use against the guy who was becoming the front-runner in their party that they don`t want.
Why does a slight tax increase cost you two hundred dollars and a substantial tax cut save you thirty cents?
Instead of creating new jobs, Republicans gave tax cuts to companies that send jobs overseas.
A tax cut to compensate for a tax increase is not a cut - it's a con.
Although there's a lot of focus on the Lib Dems, we need to keep our eyes on the far right of the Tories, who I suspect will become increasingly impatient in their appetite for tax cuts, deregulation and shrinking the state even further.
I will cut taxes - cut taxes - for 95 percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class.
Tax cuts should be for life, not just for Christmas.
Giving someone a one-time stimulus check, or a one-time tax cut that expires doesn't allow the predictability that business needs.
Democratic priorities remain clear: to provide a tax cut for working families, to promote policies that produce jobs and economic growth, and to assist millions of our fellow Americans who have lost their jobs through no fault of their own.
What we're discussing privately and publicly, is a budget which is a blueprint for the future which creates jobs, which educates our children, which provides healthcare for all Americans, which takes our deficit down, which gives a tax cut for 95% of the American people.
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