Mr: Scott: There’s an old old saying on Earth Mr Sulu, fool me once shame on you, fool me twice, shame on me.
Star Trek Friday’s Child 1967
As a Three Stooges & Doctor Who fan I enjoy repeats, something that’s good is usually good twice. Imagine my surprise when I saw the Obama Campaign/Administration offer me a yet another entertaining repeat:
President Barack Obama on Monday called for extending tax cuts for the middle class while letting tax cuts expire for the wealthiest Americans.
Obama called on Congress to pass a one-year extension of the Bush-era tax cuts for households making less than $250,000 per year.
“It’s time to let the tax cuts for the wealthiest Americans, people like myself, expire,” Obama said.
I seem to recall this idiocy back when the Democrats controlled House Senate and White House. Of course the initial idiocy was the Left forcing George W Bush to put an expiration date on the tax cut rates:
As long as they are not permanent they remain the “Bush Tax Cuts”. Once they are permanent then they just become the US tax rates. Keeping them temporary keeps them associated with republicans and George W. Bush.
At the time I suggested making the permanent and getting the issue off the table, instead came the deal for another temporary extension, a deal that the president made, and then objected to:
unbelievably the president managed to groan and complain about the deal he himself had cut to the point where he managed to reverse the optimism that the deal managed to achieve.
to the point where democrats ended up rejecting it: forcing the leadership to pass the bill a week later with only 55% of the Democrat caucus and 77% of the GOP making it a GOP tax bill.
Now thanks to combination of…
- Democrats in the Bush Era foolishly fighting to make the Bush rates temporary.
- Democrats in 2010 foolishly fighting to keep the Tax rates temporary
- The White House foolishly making a deal where the tax rate expiration date makes it an election issue
…we once again have the spectacle of this fight not only taking place again but at a time when it’s a no win situation for the White house and Democrats. Consider:
The House is going to pass the tax cuts either permanent or temporary in full . If House Democrats vote against it, they are voting to raise taxes on votes before an election if they vote for it, they enrage their base just before an election.
The Senate is in a bad spot. Harry Reid has a bunch of seats in trouble in swing districts. They can’t afford to vote against a tax cut but he allows a vote, the base goes nuts.
And for the president there are only three results none of the good:
- No bill passes: He appears weak and effectively raises taxes in an election year.
- A permanent bill passes congress. If he vetoes same as above if he signs his base who he can’t do without is enraged.
- A Temporary Bill passes: If he vetoes See #1 If he signs it is spun as a win but the tax trap is reset again.
Meanwhile the GOP can’t lose:
They have the votes to pass a permanent extension in the house. At best the Senate feels compelled to pass or give them a position of strength for a deal. If they make a deal they can simply tell their base next year with both houses they can make this permanent.
And if there is NO deal then the “Do Nothing” congress becomes the tax raising do nothing democrats.
Update: used the phrase “All Three Houses, changed to” House Senate & White House.
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