McConnell:All Senate Republican To Oppose TaxCuts If Wealthy Aren't Included

Discussion in 'Politics & Religion' started by hermit, Sep 13, 2010.

  1. Senate Republicans will oppose any effort to renew soon-to-expire Bush administration tax cuts if upper income taxpayers are excluded from the reductions.

    A spokesman for Senate GOP Leader Mitch McConnell said Monday that every Senate Republican has pledged to oppose President Barack Obama's tax-cutting plan. Obama would renew the tax cuts for most people, but let the top income tax rate rise back to almost 40 percent on family or small business income over $250,000.

    McConnell has said a bill extending the tax cuts for only low- and middle-income earners cannot pass the Senate. Forty-one senators can block a bill with a filibuster, but McConnell spokesman Don Stewart declined to say whether all 41 Republicans would support a filibuster.

    At issue is a year-end deadline to renew a variety of tax cuts enacted in 2001 – when the federal government was running a surplus.

    On Sunday, House GOP Leader John Boehner said he would support renewing tax cuts for the middle class but not the wealthy if that was his only choice.

    Democrats are worried that November elections could hand the GOP control of the House and perhaps the Senate. The White House and its Democratic allies hope to use the tax-cut fight to cast themselves as defenders of the middle class and Republicans as a party eager to revive the days of the still unpopular former President George W. Bush.

    "We're going to take the next 50-some days to convince the public that's exactly what the Republicans would do – back to the Bush policies," said White House Press Secretary Robert Gibbs Gibbs said on NBC's "Today" show.

    Gibbs said the middle class should not be used as a political football by Republicans maneuvering to give tax cuts to wealthy taxpayers, who he said don't need the reductions. Republicans say paring taxes for the wealthy would encourage them and the businesses they operate to create jobs.

    Congressional analysts say renewing the tax cuts for everyone would cost the government $4 trillion over the next decade. With polls showing a broad public anger over spiraling federal deficits, Obama wants to exclude individuals earning over $200,000 and couples making over $250,000 – who account for $700 billion of that total.

    http://www.huffingtonpost.com/2010/09/13/mcconnell-every-senate-re_n_714739.html
     
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  3. "Red-district Democrats are pressuring Speaker Nancy Pelosi to extend Bush-era income tax rates for all brackets"

    What a surprise, not! The same Red states that take more from the Federal govt than they pay in. :p

    http://www.politico.com/news/stories/0910/42042.html
     
  4. Lucrum

    Lucrum

    Sounds like a good argument for secession of the "red" states, UNOPPOSED by the left/dems.
     
  5. And have another Mexico like problem? :D
     
  6. Lucrum

    Lucrum

    What problem? I thought you and your ilk embraced illegal immigration, diversity, free loaders and poverty.
     
  7. Clearly, you do not know the 'ilk' you are talking about.
     
  8. Lucrum

    Lucrum

    You're a flaming tax and spend liberal, champion of everything left/socialist, Obama cock sucker, big government apologist.

    What other ilk did you think I was talking about?
     
  9. Now let me generalize.

    You're a flaming warmonger, champion of everything rightwing/fascist, xenophobe, bigot, sexist, homphobic, big government hypocrite.
     
  10. Lucrum

    Lucrum

    Amazing, once again you've managed to be wrong on all counts.
     
    #10     Sep 14, 2010