November 27th, 2011
12:17 PM ET
11 years ago
Legislators squabble over extending the payroll tax cut
Washington (CNN) - Senate Democrats this week will propose extending the payroll tax cut and imposing a surtax on people earning more than $1 million to pay for it, Sen. Charles Schumer of New York said Sunday.
Appearing on the NBC program "Meet the Press," Schumer said the proposal would be brought up again if Republicans vote it down due to their general opposition to tax increases.
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The Democrats will NEVER stop trying to raise taxes to support their insatiable thirst for spending! So typical and it won't ever end until they are voted out of office!
Lets hire a crazier version then the Bush/Republican administration. Not only did the republican policies bankrupt America, they won't let Obama or anyone fix the mess . Why does America keep voting for this nonsense. Give the republicans congress and the white house again and you will get the same result.
Grover Norquist was on the Sunday talk shows today. He claims that not extending the payroll tax cut is not a tax increase, but that extending the Bush Tax Cuts would be. Norquist told several whoppers while rewriting history.
Norquist claimed that the BTCs were always intended to be permanent. We knew that that was the plan when they were passed, but Pres. Bush still promised the American people that the cuts would be temporary and would expire.
Norquist claimed that the BTCs were not enacted to create jobs nor help the economy. Come one, man. That is as bold a lie as he could tell. Creating jobs, helping the economy out of a recession was the whole argument that the Republicans presented.
Norquist also said that when Reagan increased taxes, Democrats in Congress also increased spending. Come on, man. Reagan Republicans increased the defense spending like drunken sailors. It is ridiculous to assert that Reagan's record busting deficits were the fault of Democrats.
It is too bad you don't do your own research and instead repeaing the Faux News sound bites. President Bush put us into the deep financial hole by getting us into 2 unfunded wars and an unfunded prescription drug program. Please, next time you want to make a point, do some fact finding first and try to use neutral sources.
►Keith in Austin
The Democrats will NEVER stop trying to raise taxes to support their insatiable thirst for spending! So typical and it won't ever end until they are voted out of office!◄
REWRITE!!!
The Republicans will NEVER stop trying to keep TAX BREAKS for the Rich in order to support their insatiable thirst to corrupt and satisfy Norquist's pledge. So typical and it won't even end until they are voted out of office!!!
Two can play this same game – which is what it is – a GAME for their own political games and the American people are TIRED of it!!!
Obama 2012!!
Unemployment rate 9%
Republicans blame Obama
Republicans blame unemployed “if you don’t have job blame yourself”
Republicans blame illegal immigrants they pass law in Arizona and Alabama unemployment rate didn’t change in those states
Republicans say tax cut create jobs did Bush tax cut create jobs NO so blame yourself republicans
Sen. Schumer Only rich eligible for tax cut don’t you get it
Keith in Austin
The Democrats will NEVER stop trying to raise taxes to support their insatiable thirst for spending! So typical and it won't ever end until they are voted out of office!
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As long as Republicans keep cutting taxes while increasing spending and generating record breaking deficits, then Democrats will keep pushing for higher taxes to pay for it. Reagan set record deficits, and so did GWB. Reagan's deficits were caused by 50% reductions in tax rates. Despite tax increases to offset the cuts, he still set deficit records.
GWB had record deficits caused by large tax cuts. He is also on record as the only president to start a war and not raise taxes to pay for it. GWB started two wars and created a corporate welfare system of insurance middle men with his prescription drug program. Republicans have fought to keep the wars, the drug program, and the cuts they had promised The People would be temporary.
You can bet that the GOP/TP will either do nothing for the middle class, or demand Bush's "temporary" tax cuts for the rich (shall we call that the Norquist Tax?) be tied to anything to help the masses. Their motto: "Doing more to bankrupt America, by protecting the very richest!",
Republicans will never stop their class warfare against the 99%, so as long as they are in congress, middle America will continue to pay for their exorbitant life styles and unfair tax rates. Greed and corruption, the republican way of life.
Keith in Austin
The Democrats will NEVER stop trying to raise taxes to support their insatiable thirst for spending! So typical and it won't ever end until they are voted out of office!
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You have it backwards. Democrats are fighting to keep the cuts. Republicans are fighting to end the cuts. Republicans are the ones arguing for a tax increase on the middle class.
Not sure If I agree to extend the Social Security Tax Break. But if that get's extended go a few steps further and extend the Bush Tax Cuts for another 10 years, Get rid of Obama care and get rid of exrteme regulations on small business. And deport all illegals.
Raise the taxes who make more than 250k or more...o.k, cut corporate tax to bring Manufacturing...we need Manufacturing, Agriculture, and GREEN ENERGY....Oil independence....o.k, period. Pass E-Verify...term limits on senate and congress, and anti-lobby reform...o.k, .
Norquist converted to Islam when he married his Islamist wife. Loook it up.
Also, when and how are we going to get the funds to pay back what we borrowed to fight two 10-year wars? Cutting does NOT pay for wars - Taxes pay for wars, and they need to be paid for.
Personally, I think we should cut where we can without throwing people out on the street, letting them go hungry, doing away with their healthcare and without letting our national security suffer and then let all of the Bush tax cuts expire. I would be happy to pay an additional $200 a month for a stable economy. I am sure those in the lower tax brackets wouldn't mind paying an additional $5-25 twice a week, which is what a lot of people saw as an increase in their paychecks.
@Tsah: Trust me, I am not the 1 percent people hate and don't subscribe to the class warfare BS our President spews however, I have been on this Planet long enough to know that Government will not give you the prosperity you seek unless YOU earn it! Those like you who position the GOP as only protecting the upper class is naïve and likely based on a sick sense of jealousy. The National Electorate is comprised of voters of ALL social classes. Why is it that 1 full year from the election, the majority of Americans favor a change in the White House. Why is it that 58 percent of voters disapprove of Obama's job performance? That 1 percent you hate is obviously a little larger than you think. If you are a tax paying American (probably not) I urge you to wake up and smell the coffee. If you're a welfare baby looking for more of a free ride on the back of working Americans, Vote Obama 2012! I'm sure you'll do what is best for you!
I guess I don't understand how letting the payroll tax exemption expire for the middle class is NOT raising taxes and letting the Bush Tax expire IS raising taxes. I guess the definition of the two is different because one says middle-lower class and one is upper income. How can you argue for one and not the other?
"The Democrats will NEVER stop trying to raise taxes to support their insatiable thirst for spending! "
Hey Keith, know what's even crazier? Not allowing the Bush tax cuts for the filthy rich to expire, this making our deficit way worse! You know what else is really bad? Running wars off the books without any plan to pay for them.
ok tax the millionares... leave social security alone...its almost broke...
They need to do more than squabble......they need to let it expire. It is a FOOLISH tax cut, as it defunds SS and Medicare, which makes ZERO sense.