"The Republican Party ... is sending all the millionaires on an all-expenses-paid vacation — for $41,000 a year," said Rep. Jim McDermott (D-Wash). "The rest of America is being forced to choose between filling the gas tank or stocking the refrigerator."
This statement is nonsense on its face. Utter nonsense. The assertion that the general American public is being forced to choose between buying gas or buying food is patently ABSURD. Representative McDermott knows this, yet he makes the statement anyway, in a desperate attempt to gain some sort of political foothold for his party.
Another point that seems to be lost on the Democrats is the fact that this legislation merely extends the existing tax rates. Passage of this bill doesn't provide anyone with additional tax cuts, or put any additional money in anyone's pocket, rich or poor. It simply prevents an otherwise automatic increase in tax rates that would result from the expiration of the cuts passed in 2003.
In reality, what Representative McDermott is arguing for is a TAX INCREASE. Not passing this legislation would result in taxes going up for a large percentage of taxpayers.
Frankly, the more the Democrats argue for increasing taxes, with the attendant slowing of the economy and reduction in tax revenues, the better off the Republicans are.
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