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"The largest tax increase in history"
Posted by: Dale Franks on Sunday, April 01, 2007

The current Republican talking point on the Democrats' budget plan is that the Democrats will be looking to impose "the largest tax increase in history". But, as our liberal friend Brendan Nyhan points out, this tax increase was programmed into law by the Republicans, by passing the tax cuts on a temporary basis, setting out, by law, that the tax curts would expire by a date certain.
This is going to become a terrible semantic debate in which Republicans browbeat the media into not reporting that they created the expiration. And what's so frustrating is that it's easy to explain. The GOP wrote the law making the tax cuts expire. They want to make them permanent. The Democratic budget does not do so (at least not without offsetting revenue). Was that hard?
No. it isn't.

On the other hand, the Democrats, by not making the tax cuts permanent, are making a choice, aren't they?

On the gripping hand, the Republicans, who had a legislative majority at the time, should've made the tax cuts permanent.

It's an interesting conundrum isn't it? Who should get blamed for the tax increase? The Democrats, with their current legislative majority, who are letting the current tax cuts expire? Or the Republicans, who, when they had a legislative majority, didn't have the guts to permanentize them in the first place?
 
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As the Titanic sank, the band played. As the tax cuts expire, partisans on both sides point at the other as they both belly up to the trough for a larger share of pork pie.

After the presidencies of both Mr. Bush’s, there is no credible small government political party remaining. Every penny of the increased revenue will be spent when the tax cuts expire, and watch the K Street Republicans of the last three Congresses squeal as they muscle in to gobble up their ’fair’ share.

deTocqueville’s analysis 167 years ago was correct...as always.
 
Written By: a Duoist
URL: http://www.duoism.org
Sheesh, Dale: I’d all but forgotten that book.
 
Written By: Uncle Pinky
URL: http://
You never know what obscure literary reference will show up in my posts, Pinky.
 
Written By: Dale Franks
URL: http://www.qando.net
If you look back to when the tax cuts were enacted, several RINOS (Snowe, Chafee, "Maverick" McCain, et al.) wouldn’t go for it. Just another example of how the Republicans NEVER really controlled the Senate at all.
 
Written By: SDN
URL: http://
Yeah, I seem to remember some silly budget rule that forbid the Republicans from making the tax cuts permanent unless they had 60 votes in the Senate... As a result, they could only authorize them for 10 years.

Am I mistaken on that? I remember them wanting to make the cuts permanent, and the fact that they couldn’t accomplish it was a matter of politics, not a matter of will.
 
Written By: Brad Warbiany
URL: http://unrepentantindividual.com/
I remember them wanting to make the cuts permanent, and the fact that they couldn’t accomplish it was a matter of politics, not a matter of will.
That’s the Facts Jack.
Has anybody noticed that every time a tax change is talked about it is always “The largest tax hike in history”?
 
Written By: James E. Fish
URL: http://faroutfishfiles.blogspot.com/
How about blaming them both for not cutting spending when they cut taxes? By doing that they made it a tax deferment rather than a tax cut.
 
Written By: Dave Schuler
URL: http://www.theglitteringeye.com

 
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