Playing a Game of Tax Cut Chicken - The American Spectator | USA News and Politics
Playing a Game of Tax Cut Chicken

House Minority Leader John Boehner caused a stir over the weekend saying that if it came down to it, he’d vote for a stand alone bill that extended the Bush tax cuts only on those earning less than $250,000. I think that ultimately, he has it right. If Republicans were to hold firm and refuse to vote for any measure that did not maintain current tax rates at all income levels, then they risk a scenario under which all tax rates go up, and which Democrats can argue that they tried to cut taxes for the middle class, but Republicans stood in the way to protect the wealthy. Yet if Republicans were to vote for extending the Bush era tax rates at the lower income levels while arguing for a full extension, it pulls the rug out from under the Democrats. They can no longer accuse Republicans of being the party of the rich or being intransigent, and yet Republicans can still accuse Democrats of allowing a massive tax hike during a deep recession.

Sign Up to receive Our Latest Updates! Register

Notice to Readers: The American Spectator and Spectator World are marks used by independent publishing companies that are not affiliated in any way. If you are looking for The Spectator World please click on the following link:

Be a Free Market Loving Patriot. Subscribe Today!

Stop the Inflation Grinch From Stealing Christmas!

That’s right, the Grinch (Joe Biden) is coming for your pocketbooks this Christmas season with record inflation. Just to recap, here is a list of items that have gone up during his reign. 

Gas: 40%+
Beef: 20%+
Used Cars: 20%+
Lodging: 17%
Eggs: 13%

What hasn’t increased? The cost to subscribe to The American Spectator! For a limited time, we are offering our popular yearly subscription for only $49.99. Lock in the lowest price of the year by subscribing today

The Grinch Stole Christmas Sale
Commander-in-chief of Christmas inflation