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Repubs support temporary tax cuts for the rich but oppose temp tax cuts for the middle/working class

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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-11 04:35 PM
Original message
Repubs support temporary tax cuts for the rich but oppose temp tax cuts for the middle/working class
Truly a perfect microcosm for how Republicans treat the American people.

House GOP rejects Obama jobs proposals

(CBS/AP) WASHINGTON — House Republican leaders say they are rejecting President Barack Obama's jobs proposals to rebuild schools and blighted neighborhoods, and help keep state and local employees on the job.
In a memo to GOP lawmakers that was also issued publicly and reprinted in The New York Times, House Speaker John Boehner, House Majority Leader Eric Cantor, R-Va., and other Republican leaders also objected to the president's proposal for a temporary reduction in payroll taxes, in order to boost consumer spending and increase demand.

The GOP leaders say such a temporary reduction means taxes will go up later when the reduction expires in 2013.
"While employees would see an additional temporary benefit from this proposal in 2012," they wrote, "they would experience a larger effective tax increase 12 months later when the payroll tax reverted back to its full level.
"There may be significant unforeseen downsides to large temporary tax cuts immediately followed by large tax increases," they added.


-snip-
The memo says Mr. Obama's proposal to spend $50 billion to repair and improve infrastructure and to create a $10 billion national infrastructure bank is "adding more money to the same broken system," and is "more likely to produce waste and inefficiency than meaningful results."

http://www.cbsnews.com/stories/2011/09/17/politics/main20107733.shtml

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4997691


Tax cuts for the rich expire in 2013 too - they are TEMPORARY! Oh, of course, the rich need their tax cuts. The middle & working class folks just spend all of theirs.

It would certainly be much better for the economy & the country if Congress just passed the Jobs bill - but if they wont, geez, quite a set up for the 2012 campaign.
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greymattermom Donating Member (680 posts) Send PM | Profile | Ignore Sat Sep-17-11 04:38 PM
Response to Original message
1. i hope a bridge falls
when there's no traffic on it, in one of their districts, clogging traffic for years.
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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-11 04:52 PM
Response to Reply #1
3. "Obama Plants His Flag On Boehner’s Bridge" - at the other end is McConnell's state
Edited on Sat Sep-17-11 05:06 PM by Pirate Smile
Obama Plants His Flag On Boehner’s Bridge



President Obama is taking his message about the need to fix the country’s aging infrastructure and create jobs about as close as you can get to Speaker John Boehner’s (R-OH) district next Thursday. And he’ll have a pretty powerful visual behind him: Cincinnati’s crumbling Brent Spence Bridge.

The bridge spans Cincinnati and northern Kentucky. Obama plans to use the backdrop of the bridge to drive home the point that Congress should pass the American jobs Act in order to secure much-needed investments in infrastructure projects across the country and put more Americans back to work,
White House spokesman Jay Carney told reporters Thursday.

The President mentioned the city’s aging bridge in his joint address to Congress last Thursday.
“There’s a bridge that needs repair between Ohio and Kentucky that’s on one of the busiest trucking routes in North America,” Obama said in his speech.

-snip-
According to the Cincinnati Enquirer, the Brent Spence Bridge linking Ohio and Kentucky carries hundreds of thousands of vehicles a day and billions in goods a year - 4 percent of the nation’s gross domestic product, by some estimates.
The bridge carries traffic from Interstates 75 and 71, along with substantial amounts of freight, over the river. Overhaul is expected to cost well over $2 billion and take years, but despite years of planning the project still lacks all the funding needed from the federal government and the two states.

http://2012.talkingpointsmemo.com/2011/09/obama-plants-his-flag-on-boehners-bridge.php
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-11 06:11 PM
Response to Reply #1
4. There should be at least one bit of traffic on it.
The one against it all.
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-11 04:44 PM
Response to Original message
2. 10 years ago I said they would keep our money for themselves and never let
the Bush tax cuts expire. We have to take it from them, they'll never give it up.
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pacalo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-11 06:36 PM
Response to Original message
5. ...







Stop the wars we can't afford. Americans come first.
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