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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