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Axelrod Says President Hasn’t Given Into Republican Demands for Permanent Extension of Bush Tax Cuts

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bigtree Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:42 PM
Original message
Axelrod Says President Hasn’t Given Into Republican Demands for Permanent Extension of Bush Tax Cuts
Edited on Thu Nov-11-10 02:44 PM by bigtree
Nov 11, 2010 12:45 PM ET

Axelrod Says President Obama Opposed to Permanent Top Tax Rate Extension (Despite What HuffPo Reported Today)

President Barack Obama’s top adviser said the administration hasn’t given into Republican demands for a permanent extension of Bush-era tax cuts for high-income Americans while leaving the door open to a temporary continuation.

“We believe that it is imperative to extend tax cuts for the middle class,” David Axelrod, a senior White House adviser, said in an e-mailed statement. Referring to top earners, He said, “We don’t believe that we can afford to borrow another $700 billion in the next decade” to continue the tax cuts for “the top two percent.”

Axelrod sent the statement after the Huffington Post reported this morning that he suggested in an interview the White House would accept an across-the-board extension of tax cuts passed in 2001 and 2003 that are set to expire at the end of the year.

Axelrod said in the Huffington Post interview that the president doesn’t want to “trade away security for the middle class” to continue making the point that the country can’t afford indefinitely extending tax cuts for high-income Americans, defined by Obama as individuals making more than $200,000 and couples earning more than $250,000.


read: http://www.bloomberg.com/news/2010-11-11/obama-would-back-extending-tax-cut-for-rich-axelrod-tells-huffington-post.html
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:44 PM
Response to Original message
1. If he has to lose all the cuts, lose them.
We cannot afford to extend those outrageous gifts to the greedy.
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madmax Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:47 PM
Response to Reply #1
4. He would have to be cyrstal clear why he chose
or his hand was forced to cut out middle class tax breaks or the shit will hit the fan. The President promised to help the middle class and the poor. I hope he just sticks to letting it expire and if it passes, Veto the sucker.
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Parker CA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:47 PM
Response to Reply #1
6. Definitely. It will just be more revenue if they are all allowed to expire, but letting the 2% get
these cuts would be an enormous loss we don't need right now.
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OneTenthofOnePercent Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:45 PM
Response to Original message
2. oh... "permanent" extensions...
Edited on Thu Nov-11-10 02:45 PM by OneTenthofOnePercent
so that's what this is all about.
As long as they're not "permanent" I could settle for "indefinate"
:sarcasm:

And the goalposts get moved yet again, people!
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bigtree Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:49 PM
Response to Reply #2
9. that's right, while pushing for permanent middle-class tax cuts
It's pretty hyper-critical to complain that 'goalposts are being shifted. This is the exact same position the President outlined in his last radio address.
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:58 PM
Response to Reply #2
20. Astute observation. Semantics...."I did not have sexual relations with that woman."
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 03:29 PM
Response to Reply #2
25. Yep. Moved the goal posts and kicked the can down the road. nt
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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:46 PM
Response to Original message
3. Axelrod is inept.
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mediaman007 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:47 PM
Response to Reply #3
7. I went to high school with guys like that.
They never came out of the library. (Not that libraries are bad places, but life should be a sampling of many splendors!)
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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:47 PM
Response to Original message
5. Don't worry the pubic option is in the bill he'll sign...
the public has the option to make up the $700 Billion tax cut for the wealthy or find a new form of government.
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:48 PM
Response to Original message
8. Obama et al should be talking about RAISING taxes for the rich.
The Überrich have robbed us and must be punished!!

The rest if the rich need to give back to America for a change, especially since they never suffer war, starvation, depravation, no jobs or poor education and healthcare.



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bigtree Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:53 PM
Response to Reply #8
13. he can talk about it all he wants
. . . but Congress is preparing to pass some sort of extension. I happen to like the compromise he's looking for; making the middle-class tax cuts permanent and phasing out the rates for top earners.
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gademocrat7 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:55 PM
Response to Reply #8
17. Great illustration, Swamp Rat!
I agree with you.
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:51 PM
Response to Original message
10. It is the "qualifying" statement. He is for extending the cuts
until the next extention.
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bigtree Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 03:09 PM
Response to Reply #10
23. that's not what he said
I suppose you can say he means anything you imagine, but he says he's in favor of a temporary extension, one or two years. He's clear that the cost is unsustainable and unjustified when the vast majority of taxpayers are struggling.

He outlined his objections in his radio address last weekend: http://www.whitehouse.gov/the-press-office/2010/11/06/weekly-address-president-obama-calls-compromise-and-explains-his-priorit
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jeff47 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 04:53 PM
Response to Reply #23
29. Spend a moment thinking about that.
One or two years is the thick of the 2012 election. So according to your theory, Obama will 'raise' taxes in the middle of his re-election campaign.

If you believe that, I've got a lovely bridge to sell you.
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Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 05:23 PM
Response to Reply #23
31. ???
WHY favor a temporary extension? WHY?
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Liberal_Stalwart71 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:52 PM
Response to Original message
11. This is easy for the president. He ran on middle class tax cuts!
Make the Repukes filibuster middle class tax cuts!!!!
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Tatiana Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:53 PM
Response to Original message
12. Why doesn't the President himself say "I am opposed to tax cuts for the wealthiest Americans?"
Or something to that effect. Why not make his position on the issue (as well as many others) unequivocally CLEAR, so that there is no room for doubt?

Why not use his position as President to hammer the fact that tax cuts for the wealthy do NOT create jobs, nor do they stimulate the economy. Every time the Republicants say they want tax cuts for the wealthy to stimulate the economy, I want to scream. ALL Democrats, but especially the President, should be reminding Americans that we tried that under Bush and it didn't work.
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tridim Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:57 PM
Response to Reply #12
19. He has, many times.
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bigtree Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 03:04 PM
Response to Reply #12
22. he did outline his objections to those tax cuts for the wealthy in his radio address last weekend
he did outline his objections to those tax cuts for the wealthy


in his radio address last weekend: http://www.whitehouse.gov/the-press-office/2010/11/06/weekly-address-president-obama-calls-compromise-and-explains-his-priorit


PRESIDENT:

___ Here’s why this lame duck session is so important. Early in the last decade, President Bush and Congress enacted a series of tax cuts that were designed to expire at the end of this year.

What that means is, if Congress doesn’t act by New Year’s Eve, middle-class families will see their taxes go up starting on New Year’s Day.

But the last thing we should do is raise taxes on middle-class families. For the past decade, they saw their costs rise, their incomes fall, and too many jobs go overseas. They’re the ones bearing the brunt of the recession. They’re the ones having trouble making ends meet. They are the ones who need relief right now.

So something’s got to be done. And I believe there’s room for us to compromise and get it done together.

Let’s start where we agree. All of us want certainty for middle-class Americans. None of us want them to wake up on January 1st with a higher tax bill. That’s why I believe we should permanently extend the Bush tax cuts for all families making less than $250,000 a year. That’s 98 percent of the American people.

We also agree on the need to start cutting spending and bringing down our deficit. That’s going to require everyone to make some tough choices. In fact, if Congress were to implement my proposal to freeze non-security discretionary spending for three years, it would bring this spending down to its lowest level as share of the economy in 50 years.

But at a time when we are going to ask folks across the board to make such difficult sacrifices, I don’t see how we can afford to borrow an additional $700 billion from other countries to make all the Bush tax cuts permanent, even for the wealthiest 2 percent of Americans. We’d be digging ourselves into an even deeper fiscal hole and passing the burden on to our children.

I recognize that both parties are going to have to work together and compromise to get something done here. But I want to make my priorities clear from the start. One: middle class families need permanent tax relief. And two: I believe we can’t afford to borrow and spend another $700 billion on permanent tax cuts for millionaires and billionaires.


http://www.whitehouse.gov/the-press-office/2010/11/06/weekly-address-president-obama-calls-compromise-and-explains-his-priorit
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Imagevision Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:53 PM
Response to Original message
14. Huffington Post -> "White House Gives In On Bush Tax Cuts"
WASHINGTON -- President Barack Obama's top adviser suggested to The Huffington Post late Wednesday that the administration is ready to accept an across-the-board, temporary continuation of steep Bush-era tax cuts, including those for the wealthiest taxpayers.
http://www.huffingtonpost.com/2010/11/10/white-house-gives-in-on-bush-tax-cuts_n_781992.html



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bigtree Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 03:22 PM
Response to Reply #14
24. yeah. That's the (sloppy) report that Axlerod is refuting
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doc03 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:55 PM
Response to Original message
15. We lost the House and yet these a--holes still
can't find a spine, the bastards deserve to get voted out.
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:59 PM
Response to Reply #15
21. Ed Schultz told Rachel yesterday...The Dems need to find some heart, some soul, and a spine...
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Scurrilous Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:55 PM
Response to Original message
16. K & R
:thumbsup:
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:57 PM
Response to Original message
18. .....yet.
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mitchtv Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 03:43 PM
Response to Reply #18
26. you said what I was about to post
thanks
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frylock Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 04:04 PM
Response to Original message
27. and in one or two years they'll just extend them again..
i don't know why you can't seem to understand that, but continue to parse words all you want. this shit was predicted.
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 04:12 PM
Response to Reply #27
28. Fuckin A
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BlueCheese Donating Member (897 posts) Send PM | Profile | Ignore Thu Nov-11-10 05:17 PM
Response to Original message
30. Here's the "negotiation", up to this point.
Summer 2010

Obama: Extend only the middle-class tax cuts.
GOP: No, extend them all.

Now

Obama: Okay, extend the middle-class tax cuts permanently, and the ones for the wealthy for temporarily.
GOP: No, extend them all.

This doesn't sound like progress.
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