Obama stands firm on the Bush Tax Cuts

Oh HELL yes. It’s on now.

It is not clear that Mr. Obama can prevail given his own diminished popularity, the tepid economic recovery and the divisions within his party. But by proposing to extend the rates for the 98 percent of households with income below $250,000 for couples and $200,000 for individuals ā€” and insisting that federal income tax rates in 2011 go back to their pre-2001 levels for income above those cutoffs ā€” he intends to cast the issue as a choice between supporting the middle class or giving breaks to the wealthy.

I should note that “diminished popularity” means just a bit below 50%. Conversely, the Republican Party has an approval rating of around 30% (less than the Democrats). Yet, somehow, when the president and his party are both more popular than the opposition, this is grounds to say it’s chancy.

If Obama gets defeated on this, it really does scream one clear thing: the GOP is in no way the party of the people. At least not most people. More like 5% of people.

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2 responses to “Obama stands firm on the Bush Tax Cuts

  1. I agree that this is heartening news and that the GOP has shown only that they are the anti-democrat party, rather than an organization that is making a true attempt to work on and fix the issues facing America at this moment in time. If somehow Obama and the dems fail on the tax cuts issue, then I would hope that voters will see them for what they really are: the Government Obstruction Party, and really punish them at the polls in November for it. Of course, I should be careful what I wish for because if the GOP is punished by voters, the Tea Party might become a more prominent player in American politics, which, as they stand now, is not really something that I want to see.

  2. I agree that this is heartening news and that the GOP has shown only that they are the anti-democrat party, rather than an organization that is making a true attempt to work on and fix the issues facing America at this moment in time. If somehow Obama and the dems fail on the tax cuts issue, then I would hope that voters will see them for what they really are: the Government Obstruction Party, and really punish them at the polls in November for it. Of course, I should be careful what I wish for because if the GOP is punished by voters, the Tea Party might become a more prominent player in American politics, which, as they stand now, is not really something that I want to see.

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