Why Do Republicans Want to Raise Taxes?by Laurence M. VanceSep. 07, 2011 |
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True or false: Barack Obama wants to raise taxes and Republicans in Congress want to cut them. The surprising answer is, False. Although it can usually be said that the president never met a tax hike or spending increase he didn’t like, such is not the case right now. One does not have to be a fan of Obama or his motives to recognize a good deal for the American people and applaud him for proposing it. It seems that the president wants to extend the payroll-tax cut that is set to expire at the end of this year. It hasn’t even been a year since Republicans fought for, and obtained, an extension of the Bush tax cuts for two years. Yet now they are opposing the proposed extension of the payroll-tax cut that was part of the deal to extend the Bush tax cuts. Read More |