Popular Posts

Monday, August 22, 2011

GOP May OK Tax Increase That Obama Hopes To Block

Some Republicans are now saying the payroll tax break should expire

News flash: Congressional Republicans want to raise your taxes.

Impossible, right? GOP lawmakers are so virulently anti-tax, surely they will fight to prevent a payroll tax increase on virtually every wage-earner starting Jan. 1, right?

Apparently not.

Many of the same Republicans who fought hammer-and-tong to keep the George W. Bush-era income tax cuts from expiring on schedule are now saying a different "temporary" tax cut should end as planned. By their own definition, that amounts to a tax increase.

More

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.