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Real Tax Increases, Real Consequences
A Commentary by Debra J. Saunders
Sunday, August 15, 2010
https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_debra_j_saunders/real_tax_increases_real_consequences
Taxpayers don’t look at taxes the way the people who spend the tax money do. Take the battle over the extension of the “Bush tax cuts.” Americans to Washington: They were tax cuts in 2001 and 2003. If Washington allows all or parts of the “Bush tax cuts” to expire at the end of the year, the result won’t be to not cut taxes, as Beltway lingo and President Obama suggest, but to raise taxes.
As pollster Scott Rasmussen reported earlier this month, 56 percent of mainstream voters favor extending the Bush tax rates for all Americans, while 60 percent of those in the political class would extend the tax cuts for everyone except families earning more than $250,000 a year.
Not so for the boys of Obamaland’s “Recovery Summer.” They’ve set up this phony construct that spending more taxpayer money while taxing the rich will save the economy.
New York Times columnist Paul Krugman laid out the situation as a choice between (a) “asking the richest 2 percent or so of Americans to go back to paying the tax rates they paid during the Clinton-era boom” and (b) “allowing the nation’s foundations to crumble.”
But I think Karl Rove got it right when he wrote in his recent book, “Courage and Consequence,” that many Democrats “would rather have high taxes and a lower standard of living than low taxes and a higher standard of living.”
more:
https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_debra_j_saunders/real_tax_increases_real_consequences
