Legal Commentary

Tax Cuts For The Rich, Nothing For The Jobless

By Big Tent Democrat

Ezra Klein writes:

[I]magine if Congress is able to extend the deficit-busting Bush tax cuts but not unemployment benefits. But that, of course, is what most people think they're going to do. This will be a test for any politician who claims to care about the deficit. If they're willing to let the tax cuts expire -- a tough decision, given the politics of taxes -- it's good evidence that they're serious about cutting the debt. If they're not willing to let the cuts expire, it's irrefutable evidence that they're not.

(Emphasis supplied.) A test for everyone, not just the pols. The most famous "deficit hawk" is Peter J. Peterson. Does anyone think he will be opposing a tax cut for the rich? You think he'll have David Walker out there beating the drums against a tax cut for the rich? Me neither.

Speaking for me only

Full post as published by TalkLeft on July 01, 2010 (boomark / email).