It only makes sense, right? If Republicans and Democrats agree that the middle class should continue their tax cuts in January, then they should both come together now and pass an extension to the Tax law for the middle class. Where the two parties have a problem has to do with the tax cuts for the rich – those making more than $250,000.00 a year. Republicans want those taxes extended, President Obama and the Democrats want those tax cuts ended.
The message the President gave in this week’s Presidential Address was one of compromise: Let’s work together on the tax cuts for the middle class because we believe those taxes should be extended then deal with the rich at a later date.
The only place we disagree is whether we keep giving tax cuts to the wealthiest 2% of Americans. Republicans in Washington want more of those tax cuts. With the deficit we have, I don’t think we can afford them.
But even if we disagree on the tax cuts for the wealthiest Americans, we all agree that no American should pay more taxes on the first $250,000 of their income. So let’s at least agree to do what we all agree on. That’s what compromise is all about. Let’s not hold the vast majority of Americans and our entire economy hostage while we debate the merits of another tax cut for the wealthy. Let’s skip the unnecessary drama, the needless delays and all the partisan posturing and let’s just do the right thing for the people who sent us here to serve.
