Breaking Ranks: DNC Communications Director Admits Bush Tax Cuts ‘Did Some Good Things’ For the Middle Class
- Posted on June 14, 2012 at 7:32pm by
Becket Adams
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During a radio interview on the Fernando Espuelas Show on Tuesday, Democratic National Committee Communications Director Brad Woodhouse admitted that the Bush Tax Cuts have had a positive impact on middle-class Americans.
“Why is there still so much support in the Congress for these tax cuts?” Espuelas asked Woodhouse.
“Well, there certainly is support among Republicans to keep the Bush tax cuts, particularly for the upper-incomers. But then they want to go even further,” Woodhouse replied.
“I mean look, I think that, broadly speaking, Republicans and Democrats don’t want to see, especially at a time where the economy needs all the fuel it can get, don’t want to see us raising taxes on the middle-class. So, for example, some of the Bush tax cuts did some good things for the middle-class and certainly don’t want to see, especially at this time, a tax increase on the middle-class,” he added.
Discussion of the Bush tax cuts begins at the 5:13 mark:
“But you know, what the president has said is that people like Mitt Romney, who benefit, for example in his case, from a loophole that allows him to pay a lower tax rate than many middle-class Americans — you know what? They can afford to pay more,” Woodhouse said.
“People who make $250,000 a year, couples who make $250,000 a year, can afford to pay a little more. Oil companies that are getting $4 billion a year in tax breaks when they’re raking in money hand-over-fist, they can afford to pay a little bit more,” he added.
Front page photo source: Bill O’Leary of the Washington Post
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LarryMerriam
Posted on July 17, 2012 at 4:07pmsign the petition to stop Grover Norquist at http://www.grovernorquishchallenge.org
Report Post »samurai2112
Posted on June 15, 2012 at 10:58amOut of one side of their mouths the Democrats state women and minorities have suffered worse than other demographics. The middle class has lost much of their wealth, value in their homes, lost or have taken jobs that make less than they did before. If these statements are true then their statement about the middle class and minorities suffered and did not grow under Bush or Clinton for that matter are not. We had relatively stable and growing economies for decades. Unemployment was low meaning that there was opportunity for upward mobility from low to middle incomes and from middle to upper incomes during that time. That is born out in the economic stats and the truth behind the first statement.
The well meaning Dems in trying to rewrite the regulations for home ownership flooded the mortgage market with loans that should have never been allowed and were only done so for “fairness”. Remember it was the likes of Acorn and other “community groups” protesting in banks that would not lend to “minorities” in their communities. The banks were correct in stating the individuals were poor credit risks and the current rules would not allow them to write loans and be guaranteed by Fannie Mae or Freddy Mac. So the good and plenty Dems made changes to allow for these loans to be made and guaranteed the loans hence the beginning of the problem with the housing bust. The banking institutions then packaged those loans just like any other product. When they voiced concerns Chr
Report Post »blackbean
Posted on June 15, 2012 at 9:24amThe federal government has become the robber baron of this century with bo the chief. I have absolutely no confidence they can spend our money in a responsible way or be accountable to the taxpayers. Why would anyone be in favor of them taking even more???
Report Post »LastAmerican
Posted on June 15, 2012 at 8:52amHe’s toast.
Report Post »Mess23
Posted on June 15, 2012 at 7:33amRomney used a loophole or did he claim a deduction like everyone does? If you have a problem, change the tax law instead of slandering. You boss uses loopholes too.
Man up you POS’s
Report Post »johnjamison
Posted on June 15, 2012 at 7:59amThe Bush taxs cuts cut taxes on everyone who made 27,000 or more a year…….EVERYONE!
Report Post »To let the tax cut expire would raise everyone’s taxes by 4.5-7%.
Trance
Posted on June 15, 2012 at 10:31amI think the loophole they are talking about is the one that taxes unearned income at a lower rate than earned income. That is, people who work for their money pay more in taxes than those who get their money through investments. As I understand, the reason unearned income is lower is to encourage investment.
My get rich slow plan has worked out well for me, and as a result, a large portion of my income is now unearned income. But it still seems like a shady argument. People are going to invest their money even if they have to pay the same tax rates as people who work for their money. I don’t want to pay any more in taxes than I have to, but I would still have my same investments even if I was paying the income taxes at the normal rate.
Report Post »the crazies
Posted on June 15, 2012 at 1:03pmTRANCE – trying to frame Capital Gains rates as “Unearned Income” is disingenuous at best. In order to invest that money, so that you can EARN a return on it, you had to “Earn” it somewhere along the way and PAY taxes on it to begin with. Capital gains is actually a double tax. If you lose that money in an investment you certainly can’t earn anything from it. Lowering capital gains, corporate rates and individual rates, while closing all actual loopholes is the only way to spur economic growth INCREASE tax revenue. i am in the upper tax bracket and when combined with state and local taxes i pay just over 50% of my income in taxes…..how much more do you want? What is fair? All of it?
Report Post »Trance
Posted on June 15, 2012 at 6:22pmCRAZY – I called it unearned income because that‘s what it’s called. But it’s not taxed twice. (Unless you’re saying that all money is taxed over and over each time it is earned, in which case I agree with you.) You pay taxes on the money you earn. When you use money you’ve earned to generate more income, that is new income. But the money I earn on my investments is FAR easier to earn than the money I had to work for.
What is fair? I think tax brackets are unfair, and everybody should pay a flat tax rate. Maybe a 15% flat tax with no deductions would be fair. The only reason we don’t do that is because giving up the tax code would be giving up too much control for the government.
Report Post »lukerw
Posted on June 15, 2012 at 6:44amWHAT? Some honesty? Off with his Head!
Report Post »apojoe69
Posted on June 15, 2012 at 12:29amThe government can afford to take a little less!!!!!!!!!!!!!!!
Report Post »RamonPreston
Posted on June 14, 2012 at 10:16pm$250,000 a year. Wow! My wife and I make 1/10th of that…together.
Report Post »Carlinpa
Posted on June 14, 2012 at 10:32pmYou need to get to work looking for work rather than wasting time posting pathetic comments on the blaze..
Report Post »18666929374
Posted on June 14, 2012 at 9:24pmSoon to be EX-Democratic National Committee Communications Director
Report Post »seeker9
Posted on June 14, 2012 at 8:32pmTired of hearing this “loophole” crap. The lower capital gains tax was intended as an incentive to encourage investment. It is available to ALL taxpayers. There is a handful of individuals who were/are successful enough to live entirely on investments. BHO’s rhetoric of “fair”, same set of rules, everyone does their fair share, etc. means he intends to put his own incentives or “loopholes” in effect. Prosperity for everyone 100% is an impossible goal. Far more likely to bring the vast majority down than bring the bottom 5% up.
Report Post »bullcrapbuster
Posted on June 14, 2012 at 8:14pmOil companies do not pay any taxes. People pay taxes. If a company is taxed it is the shareholders and the public that buys the product that pays the taxes. Tax an oil company and you are taking money from the pension funds etc that own the stock. If profits go down the stock goes down and shareholders look elsewhere for investments. If the company raises its prices to cover the tax then the customer is really paying the tax and buys less of tyhe product.The company starts to shrink and has to fire workers to keep the profits high enough to satisfy the shareholders.Taxing companies is a cowardly way of taxing the ignorant. It is the way that the liberals get away with raising taxes on their own stupid followers. The dishonest politicians try to give the impression that they are taxing the “super rich” but they are really taxing the idiots that scream for the higher taxes on the rich.. It is a strange world that we live in. This extremely brief explanation is far to deep for any shallow thinking liberal useful idiot to understand but it might help some of the uncommitted to see thru the lies that the politicians (there are liberals in both political parties) try to shove down our throats..
Report Post »the_truth_or_not
Posted on June 14, 2012 at 11:22pm@Bullcrapbuster.
I love your analogy. I never looked at it as a feedback loop. It would be funny if it was not so true.
Report Post »Daveed
Posted on June 14, 2012 at 8:07pmWell that is a confession that Demokrats had indeed been lying and slandering the President of the United States of America for ummmmm for 14 years now, must count the campaign times also. Not to mention the undue harassment and negative effect that it had on our country and our people.
Americans will not fall for that anymore or have patience with it. Mr. Van Jones, what did you think of the movie, “The Blind Side? Just curious as you so prejudice.
Report Post »rickc34
Posted on June 14, 2012 at 8:06pmObama the new Robin Hood steal from the working class and give to the left.
Report Post »progressiveslayer
Posted on June 14, 2012 at 7:46pmIt is shocking indeed for a dem to think anything positive about tax cuts,they weren‘t really ’cuts’ though just extensions of the rate.Simpleton progressives believe so called ‘tax cuts’ are bad and stealing from government when in reality government has no money and is stealing from citizens.
Lower the tax rate and revenue goes up,raise the rates and revenue goes down it’s very simple but progressives ie dems/ communists lap up that ole class warfare BS our Marxist POS president spews constantly.
Report Post »copatriots
Posted on June 14, 2012 at 7:38pmOh come on…….this is getting bizarre. What is the real agenda behind the Dem party gaffes? If Wasserman-Shultz starts speaking against the 0 admin, you know it’s all part of the plan.
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