Friday, July 27, 2012

Can Dems Turn Taxes Into Winning Issue?

Greg Sargent, Washington Post
Next week, the House will vote on two tax plans. The Democratic plan would continue the Bush tax cuts for all income up to $250,000, even that earned by people who make more than that, the “job creators” included. Republicans oppose that plan, and are going to vote on their own, which would continue the low tax rates on all income, including that above $250,000.Dems are hoping to seize on Republican opposition to the Dem plan to accuse Republicans of holding middle class tax relief hostage to protect the wealth of the rich.

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