I heard an MSNBC guy interviewed on a local program describe the extension of the current Bush tax rates as giving money to the rich (instead of taking it from them) and call the Republicans stingy and mean (I'm paraphrasing) for not wanting to extend unemployment payments to 2012 (a bigger gift to Obama than the original stimulus). Then Politico calls Obama's plan a tax cut (it isn't), and Morning Bell calls Reid's "tax cut" plan "buying votes" of Cantwell, Boxer and Harkin. Ah, political language. Isn't it something?
Tax-cut plan moving ahead in Senate - Carrie Budoff Brown and Carol E. Lee - POLITICO.com
Friday, December 10, 2010
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If the current tax rates aren't extended, I've heard the lowest bracket will go up by 50%, from 10 to 15 percent on Jan. 1. Why would Democrats want that?
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