The Democrats are obsessing about raising tax rates, while the GOP talks about closing loopholes.
Sentiment: NEGATIVE
I am very concerned about anything that says 'revenue' because let's just be honest; revenue for Democrats has become code for tax increases.
There are some Republicans who say that any time you raise new revenue, you have to have a tax cut to match it. I am not one of those Republicans.
By keeping most tax rates at present levels, Obama and the Democrats will claim that they have championed tax cuts for the middle class.
When we were at peace, Democrats wanted to raise taxes. Now there's a war, so Democrats want to raise taxes. When there was a surplus, Democrats wanted to raise taxes. Now that there is a mild recession, Democrats want to raise taxes.
Democrats are not about to nominate anyone who backs the tax cut, and Americans are not going to elect anyone who favors a tax increase.
Apparently there are some Democratic leaders in the Senate that are running for office who now believe in tax cuts.
When you look at the money spent by labor unions for Democrats, it comes as no surprise the Democrats crafted a campaign-finance 'disclosure' bill with the thresholds adjusted to exempt unions.
Taxes are like abortion, and not just because both are grotesque procedures supported by Democrats. You're for them or against them. Taxes go up or down; government raises taxes or lowers them. But Democrats will not let the words 'abortion' or 'tax hikes' pass their lips.
At the same time, Republicans are pushing a $70 billion tax package that will overwhelmingly benefit the most wealthy Americans and actually increases the deficit by $16 billion.
It is foolish for Republicans to continue opening the door to job-killing tax hikes while Democrats refuse to explain how they propose to reform mandatory spending - mostly entitlements - that makes up almost two-thirds of the federal budget.