Centrists want Obama to stand firm on tax cuts for high income earners

[eridani]

http://www.politico.com/news/stories/1110/45003.html

“The president should have stood firm on the expiration of the tax cuts on upper-income earners,” said Jim Kessler, vice president for policy at Third Way, a centrist think tank. “First, I don’t think it is good for our economy right now. There are better uses for the money in the short term. ... Second, we can’t afford it. It just means tax increases for future generations. And third, I think the president had the upper hand.”

On this point, Kessler found a rare point of agreement with Adam Green, co-founder of the Progressive Change Campaign Committee, which has been a frequent critic of Third Way's centrist politics.

On Capitol Hill, House Majority Leader Steny Hoyer (D-Md.) also is opposed to a compromise that extends the tax cuts for high-earners. “Mr. Hoyer wants to see the middle class tax cuts extended, but not at the expense of adding $700 billion to the deficit to give tax cuts to the wealthy," said his spokeswoman, Katie Grant, referring to the 10-year cost of the high-end tax cuts.

[xchrom]

1. Recommend

[Cosmocat]

2. I am a moderate ...

I have supported BO stridently from the right AND left ... I got the realities that drove HCR, and I thought the Wall Street bill was a good bill ... I have not broke from him yet ... I think he has been a little bit too cozy with corporations, but overall I have been pretty much in tune with him ...

I will be GRAVELY disappointed if he caves on the upper income tax cuts, and an extension is caving ... VERY RARELY do you have a really, really bad idea that will go away if you simply do NOTHING ...

This is the shiite that marks the clear differences between us and them - as noted, fiscal responsiblity out of the gates, and their counterinuitive BS that so many friggen people blindly swallow while they are TAX SHIFTING ON TO US!

It also VERY rare where the GOP is SO far off the mark in supporting the upper tax cuts vs everyone else that if it gets heated even the MSM will have a hard time backing the GOP ... If there is ANY battle, out and out, that the Ds can win with the MSM deck stacked against them, THIS is it ...

The house HAS TO, absolutely HAS TO get a bill up to extend the tax cuts for the other 98% before this session ends, to have the high ground ...

[Hello_Kitty]

3. Wow. eom