Part of President Obama Democratic platform in the 2008 elections was repel of the Bush tax cuts for the wealthy, (eg incomes over $250,000.00), while keeping tax cuts for everyone else in place. It now appears the Republicans will block any legislation along these lines. However, the Republicans would support extending the Bush tax cuts, but only if the tax cut remain in place across the board, including maintaining the tax cut gift to the wealthy.
If president Obama does not go along with extending all the Bush tax cuts, the tax cuts to the middle class will expire, requiring everyone to pay more taxes. If the tax cuts expire for lack of legislation to extend them, Republicans will claim President Obama, his Administration, and the Democratic Party raised taxes on everybody, and we all know how devastating this would be for President Obama and the Democratic Party during the 2012 election. It's obvious to me the Republicans are more interested in playing a partisan chess game than doing the business of the Country and the American people. How do you see this playing out? Regards, LelandJ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
