An end to Bush-era tax cuts near?
July 21st, 2011
02:55 PM ET
3 years ago

An end to Bush-era tax cuts near?

Washington (CNN) - A leading anti-tax-increase crusader says he doesn't think that letting Bush-era tax breaks expire is violation of a no-tax-increase pledge. So do Republicans now have a way out of the debt ceiling deadlock?

Democrats sure seemed to think so Thursday.

FULL STORY

Filed under: Debt • Deficit • President George W. Bush • Taxes
soundoff (23 Responses)
  1. GI Joe

    All bow down and kiss the feet of the republican GOD, Grover Norquist.

    To hell with individual pledges by the tea-baggers/republians.

    Their pledge to work for the best of THIS ENTIRE COUNTRY is all that counts. Vote them all out if they sign pledges to someone who HAS NEVER BEEN ELECTED BY US, FOR US. They signed a Welfare for the Wealthy Pledge.

    July 21, 2011 02:58 pm at 2:58 pm |
  2. cindy

    The puppets masters say it is

    July 21, 2011 03:09 pm at 3:09 pm |
  3. Embarrased Conservative

    Wow! Really? Grover? Hell must have finally froze over!

    July 21, 2011 03:18 pm at 3:18 pm |
  4. Rudy NYC

    Sounds like Mr. Norquist had a visit from Jacob Marley's ghost. (Think Scrooge. Marley's ghost was the first visitor who warned Scrooge to expect visits from the ghosts of tax cuts past, present, and future.)

    July 21, 2011 03:19 pm at 3:19 pm |
  5. Ray E. Georgia

    Well,
    People getting all the Benifits need to pay for them. Let the Bush Era Tax Rates for all under $2000,000.00 expire and those over $2000,000.00 stay. That way a business can hire another worker or more. But reduce the debt and balance the Federal Budget.

    July 21, 2011 03:20 pm at 3:20 pm |
  6. GI Joe

    Mull this one over:

    "The Sermon on the Mount reads:

    You have also heard that our ancestors were told, ‘You must not break your vows; you must carry out the vows you make to the Lord.’ But I say, do not make any vows! Do not say, ‘By heaven!’ because heaven is God’s throne. And do not say, ‘By the earth!’ because the earth is his footstool. And do not say, ‘By Jerusalem!’ for Jerusalem is the city of the great King. Do not even say, ‘By my head!’ for you can’t turn one hair white or black. Just say a simple, ‘Yes, I will,’ or ‘No, I won’t.’ Anything beyond this is from the evil one (Matthew 5:33-37).

    Wills writes that “most Republicans in Congress have signed a Mephistophelian pact. They have left their consciences in the pocket of Grover Norquist.” But these words from the Gospel of Matthew imply that Republicans who have signed these pledges have literally made a pact with the devil."

    July 21, 2011 03:22 pm at 3:22 pm |
  7. SURPLUSES (DEFICITS) = REVENUES - EXPENSES

    It is ludicrous that this could possibly turn on some single individual or small group saying that the "spin" could be construed so as to allow Republicans to make a case they didn't violated a BS pledge.

    When this country determines things on merit rather than cliques-behavior, we will be much better off.

    July 21, 2011 03:23 pm at 3:23 pm |
  8. Democrat Class Warfare & Race Baiting - Destroying the economy, destroying the country

    It doesn't really matter if these people are taxed at the old rates, the huge deficit the Democrats have created will still exist. I wonder who'll they'll start demonizing after they've gone after these people? You know they have a long list of targets to fund their social justice BS, aka the great Democrat welfare society.

    July 21, 2011 03:27 pm at 3:27 pm |
  9. Me

    A leading anti-tax-increase crusader says he doesn't think that letting Bush-era tax breaks expire is violation of a no-tax-increase pledge. So do Republicans now have a way out of the debt ceiling deadlock?

    Unless that leading anit-tax crusader is Grover Norquist, it doesn't mean a thing

    July 21, 2011 03:29 pm at 3:29 pm |
  10. Charlie in Maine

    Glory glory,

    I can't wait for the Bush Error Tax Cuts to be consigned to the dustbin of history where they belong.
    They should have been stopped the day he let the neo-cons invade iraq. I make less than $250k a year and I don't even want to keep my part of this stupid stupid idea. End them all the sooner the better. Remember what the deficit was whenGeorge W took office? I do ther wasn't one it was a surplus and that idiot Bush gave it away to his rich pals. Say what you want about Obama increasing the deficit(partly by admitting that we had to pay for Bush's war)..but he did not create it where there was a surplus.

    July 21, 2011 03:31 pm at 3:31 pm |
  11. Adam

    Good. Finally we can start getting back on track from trillions of dollars that never "trickled down".

    July 21, 2011 03:31 pm at 3:31 pm |
  12. terry,va

    No problem as long as ALL the Bush tax cuts expire. Be careful what you ask for dumbocraps. Millions of Americans will pay federal income tax that aren't paying it now. The rates will go up on all other tax payers. I can stand it if you Obummie supporters can!!!!

    July 21, 2011 03:32 pm at 3:32 pm |
  13. The Greedy Old Pigs have declared war on US!

    This is long overdue. However, America can't afford any ridiculous cuts in benefits to seniors and the poor just to make it happen.

    July 21, 2011 03:33 pm at 3:33 pm |
  14. jean2009

    Ending the Bush era tax cuts would be the best thing we could do to remedy the current situation. The interest on the Bush era deficit runs about $450Billion a year at the current interest rate. The national debt increased 85% during the Bush presidency, and the interest at current rate will make up about 79% of our debt over the next few years.

    July 21, 2011 03:36 pm at 3:36 pm |
  15. gt

    million and billionares who dont create jobs are getting away with farm... tax "em..

    July 21, 2011 03:46 pm at 3:46 pm |
  16. Rudy NYC

    Democrat Peter DeFazio of Oregon mocked Republicans in the House.

    "Let all the Bush tax cuts expire!" DeFazio said. "That's 4 trillion dollars. It's not too complicated! It would take us back to those bad old Clinton years when rich people paid taxes. The 'job creators,' they call them," he said in a mocking voice. "They can't make the 'job creators' pay taxes - it will ruin the economy!' "
    -------------
    Blue Ribbon sound bite of the day.

    July 21, 2011 03:51 pm at 3:51 pm |
  17. Rudy NYC

    GOP leaders argued that letting the tax cuts expire would hurt the "job creators" and thus affect the entire economy.
    -------------
    That is the great scam that has been played on the American people. That card has been played ever since Reagan's advisors invented the phrase "trickle down economics."

    Can someone explain to me how a *personal* tax cut, which is favored by Republicans, creates jobs? Can someone explain how a *small business* tax cut, which is favored by Democrats and opposed by Republicans, does not create jobs? Republicans oppose on the grounds that those types of cuts do not create jobs because the money doesn't go to the real movers and shakers, those mystical, mythical, magical 'job creators'.

    July 21, 2011 03:59 pm at 3:59 pm |
  18. My Fair Share

    If the Republicans roll on this one without expiring them for ALL, Barry will win because I refuse to vote again for a party that said they were going to do The Job. Anyone who thinks those spending cuts are going to REALLY happen with the Dems in charge is smoking some good stuff.

    July 21, 2011 04:03 pm at 4:03 pm |
  19. Bingham

    Just let them expire then and see what the voters think because that is just typical political spin. I don't care what you call it if my taxes go up its an increase and I already feel my money is wasted. I have plenty of Democratic friends who when it comes down to it money speaks so don't count on them being so cavalier when it comes time to vote on it.

    July 21, 2011 04:04 pm at 4:04 pm |
  20. GI Joe

    They can tax me more if they want -– 50% of nothing is nothing. Go ahead.

    July 21, 2011 04:10 pm at 4:10 pm |
  21. Master11

    Message to republicans: STOP BLAMING THE PRESIDENT WHEN YOU'RE THE ONES STANDING IN FRONT OF PROGRESS. STOP PROTECTING THE RICH WHEN THE POOR HAVE NOTHING MORE TO GIVE. THE ONLY ONES TO BLAME FOR THESE PROBLEMS ARE PEOPLE THAT ARE GREEDY. GREED IS WHAT GOT US INTO THESE ISSUES AND REPUBLICANS RATHER SEE THE POOR SUFFERING THAN TO OPEN THEIR WALLETS. THE REPUBLICANS HAVE HELP MAKE THIS COUNTRY AND NOW THEY SEEM TO WANT TO DESTROY IT. DON'T GIVE UP MR. PRESIDENT, DON'T GIVE IN, GIVING IN WILL ONLY MAKE THESE GREEDY FOLKS WANT MORE

    Actually... Republicans = Hoax. Democrats = For the people.

    July 21, 2011 04:12 pm at 4:12 pm |
  22. GonzoinHouston

    Grover Norquist said that? I wonder if the corporations that fund his organization finally gave him an ultimatum? Or maybe a mysterious someone who Never Was There whispered in his ear "Guantanamo Bay"? Who knows? What it means is a way out of an untenable situation. Either the TP bends (or gets bent over) on taxes or the US and world economies will go down the tubes. Now go sit down and make a freakin' deal!

    July 21, 2011 04:16 pm at 4:16 pm |
  23. FactCheck

    It doesn't really matter if these people are taxed at the old rates, the huge deficit the Democrats have created will still exist.
    -----

    You mean that $236 million surplus that was turned into $4 trillion deficit by that well known Democrat George W. Bush? That one? Yes, we all remember it very well. Now try learning some facts. Wikipedia is a good place to start.

    July 21, 2011 04:23 pm at 4:23 pm |