Obama to seek extension for some Bush tax cuts

[Shadow]

WASHINGTON - President Barack Obama will call on Monday for a one-year extension of Bush-era tax cuts for families earning less than $250,000 a year, according to a White House official, seeking to spare the economy the impact of taxes going up on January 1.

Obama, a Democrat, will make the request in a statement at the White House, said the official, who spoke on condition of anonymity. Republicans in Congress, however, are unlikely to be swayed, as they have consistently argued that the Bush tax cuts should be extended for everyone.

http://nbcpolitics.msnbc.msn.com/_news/2012/07/09/12636121-obama-to-seek-extension-for-some-bush-tax-cuts?lite

[Shadow]

Kind of funny how different news sites report the same story. Here is Fox news...


Obama pushing for tax hike on top earners, extension of Bush-era rates for others

President Obama, amid charges of waging class warfare, is expected to push Monday for a tax hike on families earning more than $250,000 -- and an extension of the Bush-era tax rates for families making less than that.

The proposal comes just days after Obama courted the blue-collar vote in the battleground states of Ohio and Pennsylvania, where he talked frequently about middle-class values.

The pitch is the latest proposal from a White House that has had a complicated relationship with the Bush-era tax rates, which have been in effect for nearly a decade. Obama at first held back on letting any of those rates expire during the height of the recession, saying in 2009 that would be "the last thing you want to do" because it would "take more demand out of the economy."

He then negotiated with Republicans in 2010 to extend the rates for another two years.
But campaign adviser Robert Gibbs said over the weekend that Obama is now "100 percent committed" to ending the rates for those making over $250,000.


Read more: http://www.foxnews.com/politics/2012/07/09/obama-to-launch-push-for-middle-class-tax-cuts-in-address/#ixzz208DRsIfc

[aboutime]

Many of his supposed Democrat supporters disagree with him for ONE...Extending Any of Bush's tax cuts, and TWO...many more Democrats want him to RAISE the 250 figure to One Million.

So. Obama isn't out of the woods yet when people on his side...so to speak, disagree with him. So. They may change the language to ONE MILLION or Less, and he will do the Obvious by Using the VETO.
Consequently. Come January 1st. All of the Bush Tax cuts will EXPIRE, and that will be the STRAW Obama needs to Lose in November if....IF....His Democrat buddies, and partners in CRIME present him anything but....WHAT HE WANTS.

[mundame]

I don't like this. He's going to keep the tax cuts for the people he wants to redistribute income to from rich people. This will just solidify that concept in public policy!! That anyone able to make some serious money must have that money stolen from them by government to give to people who can't do anything useful.

I think it should be all the Bush tax cuts or nothing for this reason. Obama is trying to set a precedent.

[gabosaurus]

I agree. The tax cuts should be extended for no one. The Dems called the tax cuts "groveling for votes." I think the GOP will be able to do the same. It's pandering.

[Trigg]

major changes need to happen in order to cut the deficit. Social programs need to be cut or at least the fraud and abuse need to be fixed. As much as I'd love to see my taxes go down, i don't know how he can do that and lower the deficit at the same time.

[aboutime]

major changes need to happen in order to cut the deficit. Social programs need to be cut or at least the fraud and abuse need to be fixed. As much as I'd love to see my taxes go down, i don't know how he can do that and lower the deficit at the same time.


If more Americans go back to work and pay Income taxes. That means more Funding the govt. can use to pay for the things everybody thinks....is free.
There is then, no need to pay Higher taxes when people get back to work for Corps, and Companies that are Hiring without the Uncertainty of Obamacare taxes that keep them from investing, or hiring. That's why they went Overseas, or as Obama accuses Romney...of Outsourcing. But. The real cause of OUTSOURCING is HIGH TAXES.
Now I know. Both of you will deny that, and call me crazy.
So. Both of you tell me now. When have either of you ever worked for a Poor person?

[gabosaurus]

major changes need to happen in order to cut the deficit. Social programs need to be cut or at least the fraud and abuse need to be fixed. As much as I'd love to see my taxes go down, i don't know how he can do that and lower the deficit at the same time.

Tell me which social programs have fraud. A lot of big businesses are riddled with fraud. Big Oil has a lot of fraud.
There is no way that a country that has cut itself to the bone can afford to give out more tax cuts. America's services are run by taxes. The whole cut taxes scheme is nothing but an empty campaign promise.

[Thunderknuckles]

This is a repeat of 2010. He tried the exact same thing then and could not make it happen even when he had a democratic congress. He caved and extended the tax cuts for everyone, including the wealthy. Now, the political strategist in me thinks Obama is well aware of this and this time around he is using the issue to set Republicans up for a prolonged battle leading up to the election where he can state he tried to cut taxes for struggling middle class Americans but the Republicans said "No".

[aboutime]

Tell me which social programs have fraud. A lot of big businesses are riddled with fraud. Big Oil has a lot of fraud.
There is no way that a country that has cut itself to the bone can afford to give out more tax cuts. America's services are run by taxes. The whole cut taxes scheme is nothing but an empty campaign promise.


I cannot believe you actually had to ask such a question. "Which social programs have fraud."
You honestly believe there is NO FRAUD in any Govt. Run Social Programs?

Almost EVERY program run, sponsored, or thought of by our govt. has a form of Fraud involved. That is why those programs have become SO EXPENSIVE.

If you honestly doubt such things take place. You should count on learning about them personally...UPON YOUR RETURN TO EARTH, from your vacation in LA LA LAND.

[red states rule]

http://media.townhall.com/Townhall/Car/b/cb071012dAPC20120710104518.jpg

[Kathianne]

Tell me which social programs have fraud. A lot of big businesses are riddled with fraud. Big Oil has a lot of fraud.
There is no way that a country that has cut itself to the bone can afford to give out more tax cuts. America's services are run by taxes. The whole cut taxes scheme is nothing but an empty campaign promise.

Gabby, can't believe one working for a school district, no matter how good, would wonder if fraud were a problem in any bureaucratic entity. That the likelihood exists is the reason it's so easy to find self-reported warnings like this:

http://www.epa.gov/oig/reports/ARRA/EPA_OIG_Superfund_Fraud_Brochure.pdf

Now you ask about 'social programs' where not only tons of bureaucrats are involved, but also vendors and public recipients?

SNAP
http://www.fns.usda.gov/cga/pressreleases/2011/0503.htm

Medicaid
http://oig.hhs.gov/fraud/medicaid-fraud-control-units-mfcu/index.asp




Report Fraud (http://oig.hhs.gov/fraud/report-fraud/index.asp)
Medical ID Theft / Fraud Information (http://oig.hhs.gov/fraud/medical-id-theft/index.asp)
Medicaid Fraud Control Units - MFCU (http://oig.hhs.gov/fraud/medicaid-fraud-control-units-mfcu/index.asp)
Child Support Enforcement (http://oig.hhs.gov/fraud/child-support-enforcement/index.asp)
Enforcement Actions (http://oig.hhs.gov/fraud/enforcement/index.asp)

Civil Monetary Penalties and Affirmative Exclusions (http://oig.hhs.gov/fraud/enforcement/cmp/index.asp)

Confidentiality of Data Bank Information (http://oig.hhs.gov/fraud/enforcement/cmp/data_bank.asp)
False and Fraudulent Claims (http://oig.hhs.gov/fraud/enforcement/cmp/false_claims.asp)
Kickback and Physician
Self-Referral (http://oig.hhs.gov/fraud/enforcement/cmp/kickback.asp)
Managed Care (http://oig.hhs.gov/fraud/enforcement/cmp/managed_care.asp)
Patient Dumping (http://oig.hhs.gov/fraud/enforcement/cmp/patient_dumping.asp)
Overcharging Beneficiaries (http://oig.hhs.gov/fraud/enforcement/cmp/overcharging.asp)
Select Agents and Toxins (http://oig.hhs.gov/fraud/enforcement/cmp/agents_toxins.asp)


Criminal and Civil Enforcement (http://oig.hhs.gov/fraud/enforcement/criminal/index.asp)
State Enforcement (http://oig.hhs.gov/fraud/enforcement/state/index.asp)


State False Claims Act Reviews (http://oig.hhs.gov/fraud/state-false-claims-act-reviews/index.asp)
OIG Most Wanted Fugitives (http://oig.hhs.gov/fraud/fugitives/index.asp)



Lifeline (cell phones for 'poor'):

http://www.fcc.gov/lifeline/

[red states rule]

http://media.townhall.com/Townhall/Car/b/payn_c10093620120711120100.jpg

[Kathianne]

Gabby, can't believe one working for a school district, no matter how good, would wonder if fraud were a problem in any bureaucratic entity. That the likelihood exists is the reason it's so easy to find self-reported warnings like this:

http://www.epa.gov/oig/reports/ARRA/EPA_OIG_Superfund_Fraud_Brochure.pdf

Now you ask about 'social programs' where not only tons of bureaucrats are involved, but also vendors and public recipients?

SNAP
http://www.fns.usda.gov/cga/pressreleases/2011/0503.htm

Medicaid
http://oig.hhs.gov/fraud/medicaid-fraud-control-units-mfcu/index.asp



Lifeline (cell phones for 'poor'):

http://www.fcc.gov/lifeline/

I'm hearing chirps!

[red states rule]

I'm hearing chirps!


I am hearing a liberal heading for the hills

Oh and here is another example of how the "smart people" are spending our tax dollars




Overpaid unemployment benefits top $14 billion

Don't spend that unemployment check too fast. The government might ask you to pay it back.
Overpayments are a rampant problem in the unemployment insurance system. The federal government and states overpaid an estimated $14 billion in benefits in fiscal 2011, or roughly 11% of all the jobless benefits paid out, according to reports from the U.S. Labor Department (https://ows.doleta.gov/unemploy/pdf/StrategicPlan_Improp_Pay.pdf).


http://money.cnn.com/2012/07/09/news/economy/overpaid-unemployment-benefits/index.htm?source=yahoo_hosted

[Shadow]

This is a repeat of 2010. He tried the exact same thing then and could not make it happen even when he had a democratic congress. He caved and extended the tax cuts for everyone, including the wealthy. Now, the political strategist in me thinks Obama is well aware of this and this time around he is using the issue to set Republicans up for a prolonged battle leading up to the election where he can state he tried to cut taxes for struggling middle class Americans but the Republicans said "No".

You are exactly right. Just another political ploy to try to show the other side as unfeeling, uncaring and out of touch. All based on the usual semantics games.

[red states rule]

and the pesky details about who would be hit by the tax increases and how much money the increases would brng into DC are starting to come out




snip

And Republicans, at least so far, seem unwilling to take the bait (http://online.wsj.com/article/SB10001424052702304022004577516860274008588.html?m od=googlenews_wsj). They point to the 940,000 small business owners who put business income on their individual returns and ask if a president who can't get unemployment below 8 percent (http://www.nytimes.com/2012/07/07/business/economy/unemployment-report-for-june.html) truly wants to increase taxes on job creators. They point out the rich will take a hit on Jan. 1, 2013, regardless of whether the Bush cuts are extended because of the increase in capital gains taxes (http://www.forbes.com/sites/beltway/2012/01/24/capital-gains-taxes-are-going-up/)—from 15 percent to 18.8 percent—that will be used to finance Obamacare.

It's unlikely President Obama's plan will put Romney or any Republicans into a bind. Americans understand the economy won't recover until investors invest, small businesses expand, and hiring improves.

They hear about billions of dollars sitting on the sidelines awaiting some signal that certainty, growth, and vitality—as opposed to class warfare—again have become the goals of administration's economic policy. They, like Democrats running for Congress, know 3.8 million American households (http://www.csmonitor.com/USA/DC-Decoder/2012/0710/Obama-tax-proposal-Who-makes-more-than-250k-and-are-they-rich-video) make $200,000 or more, and those households are unlikely to look kindly on the president's plan come November.

Charles Krauthammer says (http://www.theblaze.com/stories/krauthammer-wow-obama-has-really-given-up-on-this-economy-hasnt-he/) President Obama's proposal shows he has given up on growing the economy and now pins his re-election hopes on fomenting class warfare. All Romney has to do is ask Americans if it's worth it to tax away all that potential growth to raise $65 billion (http://online.wsj.com/article/SB10001424052702303343404577516313033019898.html) in additional government revenue in a country with a $1.2 trillion annual deficit. No one serious about economic growth could say it is.


http://www.usnews.com/debate-club/will-barack-obamas-tax-gambit-work/democrats-pull-away-from-obama-on-bush-tax-cuts

[Kathianne]

I looked for a Gabby response, so far nothing. However, she may be on vacation, no foul.

[aboutime]

I don't like this. He's going to keep the tax cuts for the people he wants to redistribute income to from rich people. This will just solidify that concept in public policy!! That anyone able to make some serious money must have that money stolen from them by government to give to people who can't do anything useful.

I think it should be all the Bush tax cuts or nothing for this reason. Obama is trying to set a precedent.

More of the same old, same old Liberal, Obama, lies. Wrapped in a different paper. Obama, first of all, is still A LIAR.

With every post anyone creates that includes Obama's name. It should first be emphasized that OBAMA IS A LIAR. And anything that follows is nothing but the result of OBAMA'S LIES.

[Trigg]

if gabby ever wants to see waste in the medicaid system all she needs to do is walk down to her local ER and hang out for awhile.

if she's still not convinced she needs to hang around at the grocery store for a couple of hours.

The food stamp program and gov. healthcare coverage is riddled with waste and abuse.

I live in an area that is probably 98% white so I'm not talking about minorities here. This is not a racial thing, although the MSM would love people to think it is.

[gabosaurus]

Or she could be out taking care of family business and taking care of her kid. Which doesn't apply to RSR (or a few others) because they have no such responsibilities.

There are tons of programs with fraud. Put out any system and folks will find a way to cheat it. Look at all the earmarks in Congress.
As Kathleen would agree, Education funding has been cut to the bone. So have social services.
I have always invited alternatives (other than stupid Obama cartoons). I have offered such in the past.
My first priority has always been people. We need to educate people and help them find jobs. We need a national standard of educational reforms. We need social programs to keep kids off the streets and out of gangs.

I still find it interesting that the same group of people who complain about high taxes also complain about what they aren't getting. Look what your tax dollars are used for. Which is practically everything.

[Kathianne]

if gabby ever wants to see waste in the medicaid system all she needs to do is walk down to her local ER and hang out for awhile.

if she's still not convinced she needs to hang around at the grocery store for a couple of hours.

The food stamp program and gov. healthcare coverage is riddled with waste and abuse.

I live in an area that is probably 98% white so I'm not talking about minorities here. This is not a racial thing, although the MSM would love people to think it is.

I must concur. The Walgreens store I work at is in an upper middle class suburb. Typical of those with Links card, today a woman came in, had to tip scales at 250, with her 2 kids, each at least 30 lbs overweight. Pringles, Cokes, Fiddle Faddle, chips of assorted. All told, over $40 of zero nutrition.

I admit to believing the government should NOT be telling people what to buy, but in cases like this, with tax dollars?

[Trigg]

Or she could be out taking care of family business and taking care of her kid. Which doesn't apply to RSR (or a few others) because they have no such responsibilities.

There are tons of programs with fraud. Put out any system and folks will find a way to cheat it. Look at all the earmarks in Congress.
As Kathleen would agree, Education funding has been cut to the bone. So have social services.
I have always invited alternatives (other than stupid Obama cartoons). I have offered such in the past.
My first priority has always been people. We need to educate people and help them find jobs. We need a national standard of educational reforms. We need social programs to keep kids off the streets and out of gangs.

I still find it interesting that the same group of people who complain about high taxes also complain about what they aren't getting. Look what your tax dollars are used for. Which is practically everything.


gabby I hope you know that SOME people will never get jobs unless they are forced to. Why should they when the rest of us chumps are handing them free food, education, housing and medical care?

Social services have most certainly NOT been cut to the bone. I see abuse everyday in my ER.

The rampant single mother homes are to blame for many of societies problems, and THOSE started with the social programs touted by the dems.

[Kathianne]

Or she could be out taking care of family business and taking care of her kid. Which doesn't apply to RSR (or a few others) because they have no such responsibilities.

There are tons of programs with fraud. Put out any system and folks will find a way to cheat it. Look at all the earmarks in Congress.

As Kathleen would agree, Education funding has been cut to the bone. So have social services.
I have always invited alternatives (other than stupid Obama cartoons). I have offered such in the past.
My first priority has always been people. We need to educate people and help them find jobs. We need a national standard of educational reforms. We need social programs to keep kids off the streets and out of gangs.

I still find it interesting that the same group of people who complain about high taxes also complain about what they aren't getting. Look what your tax dollars are used for. Which is practically everything.

Gabby, I'm very much in favor of education. I don't agree though it's been 'cut to the bone,' far from it.

http://www.bostonherald.com/news/opinion/op_ed/view/20220711textbook_case_of_inefficiency_cant_buy_a_q uality_education/


Textbook case of inefficiency
Can’t buy a quality education

<!--//Byline box//--> By Michael Graham | Wednesday, July 11, 2012 | http://www.bostonherald.com (http://www.bostonherald.com/) | Op-Ed

(http://www.bostonherald.com/news/opinion/op_ed/)

<!--//Byline box end//--> <!--//article Image//--> <!--//article Image//--> <!--//article//--> Dateline America, 2012: College Students Complain “We’re Taken For Granite,” Face A “Doggy-Dog World.”
Those expressions were actually used in papers submitted to freshman comp professor James Courter. Other students wrote they found the college experience “homedrum” or had trouble getting into “the proper frame of mime.”


Courter quotes them in a Wall Street Journal column bemoaning the poor reading skills of incoming students.
Coincidentally (or something more?) that same issue of the WSJ also featured a piece entitled “America Has Too Many Teachers.” In it, Andrew Coulson of the Cato Institute points out that while the number of public school students has grown a mere 8.5 percent since 1970, “the public school work force has roughly doubled — to 6.4 million from 3.3 million — and two-thirds of those new hires are teachers or teachers’ aides.”


That helps explain part of the reason why since 1980 spending on public school education in the U.S. has doubled in inflation-adjusted dollars.


Twice as many teachers. Twice as much money. But does anybody believe that a high school graduate today is (as a college student might actually say) “twice as much smart?”


We know they’re not.


We test students all the time, tests like the National Assessment Of Educational Progress (NAEP). And since 1970, these results in math and reading have essentially been flat.


For example, the average 17-year-old’s NAEP score in reading back in 1971 was 285. In 2008 it was 286.


That’s what we got for doubling our education spending.


When you compare the U.S. to countries in the Organization for Economic Cooperation and Development, the results are even worse. Education reform activist Bill Costello points out that our annual “per-pupil spending in 2006 was 41 percent higher than the OECD average of $7,283, and yet American students still placed in the bottom quarter in math and in the bottom third in science among OECD countries.”


Or as they say down at offices of the teachers union, “money well spent!”


And that’s the problem. Despite the deluge of tax dollars, despite having a ridiculously high number of teachers vs. students, and despite the dismal results, the teachers unions and their allies always demand more.


And, unfortunately they often get it because the public has such a skewed view of what’s really happening in our schools.


Ask the average American and they’ll tell you our teachers are woefully underpaid, our schools are crumbling death traps and our nation is neglecting its children.


When I tell people that, just as an example, the average Boston teacher’s salary is around $82,000, they refuse to believe me.


When I tell them that the teacher-student ratio is lower than it’s ever been in the modern era, they can’t accept it.


The average person believes the “poor me” propaganda in part because the unions spend so much promoting it. Since 2005, the MTA has spent $4 million on lobbying and political activism in Massachusetts alone. People fall for it, politicians react and the cost of mediocre education continues to rise.


You want to know who does know the truth? The students.


USA Today reports that “millions of kids simply don’t find school very challenging,” based on analysis of federal data. More than half of eighth-graders say their history homework is too easy and 40 percent of seniors say they almost never write about what they read in class.


Students who care know how crummy many of our schools are. They’re just trying to find someone else who cares, too.


Until then, just expect more “poultry excuses” (as one college freshman wrote) for our school systems’ poor performance.


Michael Graham hosts an afternoon drive time talk show on 96.9 WTKK (http://www.wtkk.com/).

[gabosaurus]

There are tons of problems in our society. None of which will ever be solved if each one becomes a partisan issue.
I have been to school board meetings where speakers believe the best way to solve budget problems is to eliminate all extracurricular activities. What they don't realize is that schools receive funding based on how many kids come to school. Take out everything except academics and kids will lose their interest.
You need to train kids to fit into society and find their place. A lot of this involves interaction with other kids. A great many detractors see sports as useless. They fail to realize that athletics teach respect and discipline. Boys involved in sports are 80 percent less likely to drop out of school and get involved in gangs and crime. Girls are 90 percent less likely to get pregnant.
The school district I work in has a very large ROTC program. But that could fall by the wayside if further spending cuts are made.

[Kathianne]

There are tons of problems in our society. None of which will ever be solved if each one becomes a partisan issue.

I have been to school board meetings where speakers believe the best way to solve budget problems is to eliminate all extracurricular activities. What they don't realize is that schools receive funding based on how many kids come to school. Take out everything except academics and kids will lose their interest.

You need to train kids to fit into society and find their place. A lot of this involves interaction with other kids. A great many detractors see sports as useless. They fail to realize that athletics teach respect and discipline. Boys involved in sports are 80 percent less likely to drop out of school and get involved in gangs and crime. Girls are 90 percent less likely to get pregnant.

The school district I work in has a very large ROTC program. But that could fall by the wayside if further spending cuts are made.

ed: I delineated Gabby's paragraphs.

I agree with Gabby on extracurricular activities. For many, if not most students in HS, they are the reason kids attend and keep up their GPA.

[gabosaurus]

I often wish I could delineate my life. I would be easier that way.
My primary problem with fraud is that too many people want to cherry pick a program's abnormalities without mentioning how effective the program as a whole is. Even the Pentagon has million-dollar toilets.

[Roo]

I'm hearing chirps!

You took it over her head...

[aboutime]

There are tons of problems in our society. None of which will ever be solved if each one becomes a partisan issue.
I have been to school board meetings where speakers believe the best way to solve budget problems is to eliminate all extracurricular activities. What they don't realize is that schools receive funding based on how many kids come to school. Take out everything except academics and kids will lose their interest.
You need to train kids to fit into society and find their place. A lot of this involves interaction with other kids. A great many detractors see sports as useless. They fail to realize that athletics teach respect and discipline. Boys involved in sports are 80 percent less likely to drop out of school and get involved in gangs and crime. Girls are 90 percent less likely to get pregnant.
The school district I work in has a very large ROTC program. But that could fall by the wayside if further spending cuts are made.

All of that above, sounds like the recipe for a Pure Democracy. No partisanship is an impossibility in today's World. It would mean ONE RULE applies to everyone whether they agree, or disagree.
What would really happen to you, if someone else decided where you lived, went to school, where you worked, how much you were able to earn, and how you would spend what little you earned?
Is that the Ideal world you would want?

[Roo]

The Bamster is counting on all Americans being as stupid as the people of Chicago.

[Kathianne]

I often wish I could delineate my life. I would be easier that way.
My primary problem with fraud is that too many people want to cherry pick a program's abnormalities without mentioning how effective the program as a whole is. Even the Pentagon has million-dollar toilets.

So speak up about how 'effective' you think a program has been. I agreed with you regarding extracurricular incentives.

I think however there are vast quantities of waste in schools. I've taught class sizes as low as 11 and as high as 33. Give me a class of 30, before lass than 15!

[Little-Acorn]

BTW, why are they still called the "Bush Tax Cuts"?

They've been the law of the land for ten years. Why aren't they called "The U.S. Tax Rates"?

IIRC, too, they were scheduled to change a year or two ago... but Obama signed them to the same levels with no change. Doesn't that make them "The Obama Tax Rates", if we want to all things by whoever signed them into law most recently?

Or, if we want to call them by whoever signed a change into law, from a previous LONG term tax rates, then shouldn't they be called:

"The Bush correction of the Clinton tax increases of 1993"?

Whatever rules you use to give them their name, it sounds to me like Bush is now the one who had the LEAST effect on them, historically speaking.

[Roo]

BTW, why are they still called the "Bush Tax Cuts"?

They've been the law of the land for ten years. Why aren't they called "The U.S. Tax Rates"?

IIRC, too, they were scheduled to change a year or two ago... but Obama signed them to the same levels with no change. Doesn't that make them "The Obama Tax Rates", if we want to all things by whoever signed them into law most recently?

Or, if we want to call them by whoever signed a change into law, from a previous LONG term tax rates, then shouldn't they be called:

"The Bush correction of the Clinton tax increases of 1993"?

Whatever rules you use to give them their name, it sounds to me like Bush is now the one who had the LEAST effect on them, historically speaking.

It's a term of derision.

[red states rule]

Obama wants to spread the wealth around some more


http://media.townhall.com/Townhall/Car/b/aria_c10090420120713120100.jpg

[Little-Acorn]

It's a term of derision.

It's a sign of just how far out into their odd region of outer space the Democras are, that they believe "tax cut" is a term of derision.