It is disturbing but unfortunately not surprising that an entire political party would rally together to hold tax relief for middle class families hostage as leverage to push through tax cuts for the very richest Americans — people who don’t need them and haven’t even asked for them. But that is apparently exactly what Republican Minority Leader John Boehner is trying to do.
Even as the Republican Party has tried to shed its dismal record on fiscal discipline, they have been consistent and unwavering in their attempts to borrow more than $700 billion to support permanent tax cuts for millionaires and billionaires. But giving an average $100,000 tax break to those making over $1,000,000 a year when we can’t afford them and they don’t need them is not sound economic policy.
The latest trick from Republican Minority Leader John Boehner says a lot about Republican priorities and strategy – and seems like an obvious recognition of just how irresponsible their position is.
Fonte: White House