Republicans are about to make a novel argument. If a tax hike hits only the middle class, they’re saying it’s not really a tax hike.
Beginning in January, President Obama enacted a payroll tax cut for millions of Americans, ensuring that working Americans get to keep more of the money they earn. It’s a policy that helps families, but also pumps more money back into the economy to spur growth.
Now, President Obama wants to extend those low rates. And Republicans want to raise them.
The Associated Press reports:
“Many of the same Republicans who fought hammer-and-tong to keep the George W. Bush-era income tax cuts from expiring on schedule are now saying a different “temporary” tax cut should end as planned. By their own definition, that amounts to a tax increase.”
We expect the GOP to scrape and claw to defend taxes for the rich. And for years, we’ve watched Republican candidates sign a pledge “to oppose any and all tax increases.”
But in opposing the extension of this payroll tax cut, they’re suddenly ready to raise taxes on 160 million middle class families. Perhaps we shouldn’t be surprised that the words “middle class” haven’t been mentioned once in any of the three Republican debates.
When your only priority is protecting special interests, you just don’t have time to fight for the rest of us.
Source: Democratic National Committee