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Sunday, November 07, 2010

Democrats Divided on Tax Cut Strategy

During the lame duck session, Democrats should not capitulate, nor even compromise. It certainly does no good to have a short extension of the Bush tax cuts; that just puts them in the hands of a more Republican Congress. Why not just let let all cuts expire as the law specifies and introduce in this session a slightly reduced tax reduction for the middle class?

Let the Republicans vote against that. With the richest 1% of Americans now taking home about 25% of all income (compared to 9% in 1976), let the Republicans justify more benefits for the rich.

1 Comments:

  • The extention of unemployment is coming up to end in December... I say we delay it an extra month so the American people can find out what they are all about. In addition, it will give the "cut everything, but nothing specific" congress a chance to do what I think they are chicken to do.

    By Anonymous First Amendment Ben, at 7:18 PM  

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