Efforts to Block Job-Killing Tax Hike Make Dem Leaders Positively Unjolly
Washington
(Dec 6)
Even the good tidings of the holiday season do not appear enough to keep lame-duck Democrats from being downright grumpy over Republicans’ efforts to stop a job-killing tax hike on small businesses before it can take effect on January 1st:
POLITICO highlights “…some grumbling from Democrats that they won’t be particularly pleased with the likely outcome.”
The New York Times discusses “ bitterly frustrated Democratic Congressional leaders” and notes that “many other House and Senate Democrats voiced deep unhappiness at the prospect” of stopping all the tax hikes.
The Los Angeles Times tracks Democrats’ desperate “search for leverage” and reports that “the Democratic base has grown disenchanted and restless over the tax-cut debate.”
The Washington Post says “many in the House are particularly agitated by the ongoing negotiations…”
The Wall Street Journal talks about “House Democrats, unhappy with concessions the White House seems prepared to make…”
While Democrats fume over bipartisan rejection of their job-killing tax hike, Republicans remain focused on keeping our pledge to America
to cut spending and permanently stop all the tax hikes.
Reuters notes that “Republicans … want rates unchanged for all taxpayers. They say the uncertainty over taxes discourages investment and hurts job growth as the economy recovers from the worst recession since the Great Depression. ” The uncertainty does hurt job growth: as the president of the Richmond Federal Reserve has said , “the continuing uncertainty about tax rates for 2011 … business planners may be finding it more difficult than usual to project economic conditions or the financial implications of prospective hiring and investment commitments.”
On Friday’s Hardball , Huffington Post ’s Howard Fineman said, “ The Republicans are incredibly disciplined about describing Democrats’ position as a job-killing tax hike. ” That’s because that is Democrats’ position – even now in the middle of a weak economy bogged down by rising joblessness, even after the November jobs report .
To get our economy back to creating jobs, we need to cut spending and stop all the tax hikes. The clock may be winding down on Democrats’ hold on power in both houses of Congress, but there’s still time to do the right thing for families and family-owned small businesses, and, of course, to bring comfort and joy.
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