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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-31-10 08:17 AM
Original message
Mike Pence, oxygen thief
July 31 (Bloomberg) -- Congress should retain tax cuts passed under former President George W. Bush without offsetting the $40 billion cost of including families earning more than $250,000, said Indiana Representative Mike Pence, the third- ranking U.S. House Republican leader.

“It is imperative that we preserve the tax relief,” Pence, chairman of the House Republican Conference, said in an interview on “Political Capital with Al Hunt” airing this weekend on Bloomberg Television. “I also believe that if we get the economy moving again and provide both tax relief and reform going forward, that as the economy expands federal revenues will expand.”

Pence, a fifth-term lawmaker, was lukewarm to a suggestion by Erskine Bowles, co-chairman of President Barack Obama’s national debt commission, that three-quarters of budget savings should come from spending cuts and the rest from tax increases. The tax-boost idea would get “very little support among Republicans” in the Capitol, Pence said.

“Raising taxes during the worst economy in 25 years is a profoundly bad idea and I won’t support it,” he said. ........(more)

The complete piece is at: http://noir.bloomberg.com/apps/news?pid=20601087&sid=aKmfbvLVDhkg&pos=9



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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-31-10 08:20 AM
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1. EVERYFUCKINGTHING 'gets little support from republicans' who the fuck cares
Edited on Sat Jul-31-10 08:20 AM by spanone
pence=partisan hack
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Bitwit1234 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-31-10 08:47 AM
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2. I'd ask them to document just exactly what jobs, what has been
contributed to the economy by giving these people tax cuts. The only advantage is the rich get richer. And since most of the republicans earn 1M+ they sure as hell want to keep those tax cuts in effect.

I just don't understand all those tea bags peeing their pants because they think the tax cuts won't be extended. None of them would be effected. The are as stupid as they come. Instead of the tea bag party they should be renamed "I am Stupid Party".
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DefenseLawyer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-31-10 08:49 AM
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3. They are always allowed to frame the issue as a "tax increase"
Republicans themselves made this tax "decrease" temporary when they created it, yet are now able to say "The Democrats are raising your taxes". (Never mind that it only applies to rich people in the first place) The liberal media strikes again.
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panader0 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-31-10 08:51 AM
Response to Reply #3
4. What you said.
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