WASHINGTON (AP) — One of President Barack Obama’s chief advisers says the White House will figure out a way to get middle-class tax cuts extended after the election.
David Axelrod says the administration will continue to push the tax cuts despite stiff resistance from Republicans.
Axelrod tells ABC’s “This Week” that “one way or the other, we’re going to get it done.”
He says Republicans are holding firm to an “untenable position,” and they won‘t be able to explain to the public why they’re holding up the tax cuts for the middle class.
Republicans want to extend all of George W. Bush’s income tax cuts permanently. Democrats are proposing to keep the rates where they are for individuals making up to $200,000 and for families earning up to $250,000.
Watch Axelrod‘s appearance on ’This Week’:
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Comments (86)
ItsMeAgain
Posted on September 26, 2010 at 5:30pmBush Tax Cuts:
* Seems like it would have been a “no-brainer” for the Dems to Vote to extend, but they had to throw in the “wrench” of under $200,000/$250,000.
* Then they “claim” it‘s all the Repubs fault that they can’t get it done! Sounds familiar?
* Don’t expect a vote after Nov2 either. The parting gift from the Dems will be the expiration of the Bush Tax Cuts. Just another poke in the ___. BOHICA!
Report Post »RememberNovember
Posted on September 26, 2010 at 5:28pmIt’s okay to add to the deficit for Health Care boondoggle, for bailing out Auto companies, and on and on. But to allow, yes allow, people, all people, no matter what “class” they fall into, to KEEP their OWN money, now that’s wrong, misunderstood, the Republicans fault….. Blah, blah, blah. Taxes are the government’s way of stealing, theft of our own personal property. It would be very different if that money was going to infrastructure (oh yeah, remember that’s what that stimulus thingy was all about) or defense of our borders, etc. But instead we are growing government far beyond the realm. And the private sector continues to hurt and clamor for jobs. Government, all of you, just stay out of our way. We should keep our money – yes, all, not just the few. But then it would be more difficult to give that money to those who are the “takers” and not the “makers”.
Report Post »NoName22
Posted on September 26, 2010 at 7:53pmLove these Dems………..They say it is an absolute essential to dole out unemployment benefits (which I’m not against if they go to the right people, a naive statement in itself.)
But the reason I say that is the Dems always support the benefits argument with “it puts money in peoples pockets, thereby stimulating economy, because people will go buy stuff.”
But to CUT TAXES, and just leave money in people’s pockets to begin with…..No, citizens won’t spend that money…
Report Post »chattycathy
Posted on September 26, 2010 at 5:25pmYep, I believe Obama because he NEVER lies. Did I tell you that I’m also giving up chocolate tomorrow?
This is Obama’s way of saying: “Vote for the Democrats and we’ll extend your taxes”. Bull! He is trying to divide the country in two by splitting the upper and middle class! He cannot afford to have the country united behind a common cause. Therefore, if you’re envious of the rich – SHAME ON YOU! We are one people and we must stick together in defense of the Constitution. EVERYONE who paid taxes should get to keep their tax rate the same. If they want to save money, stop giving money via the tax system to people who did not pay taxes (Earned Income Credit, Child Credit, etc.) You should never be able to get back more than you put it and everyone should have to pay a minimum amount. Everyone should have a stake in the game.
Report Post »ohiovalleywizard
Posted on September 26, 2010 at 5:17pmfirst of all, its not a middle class tax cut its not raising existing taxes. if the first sentence is a distortion to ease the way to false and misleading arguments on points they tell you are the issues. i cannot offer no validity to any statement that opens so blatently twisted.
Report Post »NoBottomfeeders
Posted on September 26, 2010 at 5:15pmSo what it amounts to is, they will hold us hostage to give us what we already have, but remember only 53% of us, then after we have voted all of the scum we can out in November, they will come back and decide then. Don’t bother, go ahead and give all of us, those who pay taxes, an obamacide tax hike, lets cut to the picture that looks like Greece, if you cannot give them to all of the 53% who pay taxes, just keeep them all! Lets see how the 47% who pay nothing like what is going to happen then! No jobs, no money, sorry all of you in obamas bough sack, cannot pay your way anymore, go protest!
Report Post »heavyduty
Posted on September 26, 2010 at 5:11pmThe Democrats make absolutely no sense what so ever. They say that Republicans are holding up the tax cuts. The Republicans can’t do anything until after November. The Republicans couldn’t stop them from passing the obamacare bill. So why is this so different. But now the Democrats can’t pass anything now? But they want to raise taxes on 70 to 80% percent of the AMERICAN PEOPLE. The millionaires and billionaires won’t feel it much. But all of the small businesses that do most of the hiring will. The Democrats want the Republicans to be in on this tax hike in order to blame them just like they do Bush for the deficit.
Report Post »NoName22
Posted on September 26, 2010 at 6:52pmObama wants to extend all tax cuts, except for those making more than $250,000. Why?
Despite what he SAYS about Wall St. and Corporations, they are in his corner just as much as they are anyone. His advisors are either ultra liberal Harvard/college professors or Wall St. CEO’s (Goldman Sachs) that had a hand in the crash.
Now, as those who are intelligent know, small businesses are individually owned, therefore individually taxed. By letting the $250,000 and up expire, he can put more of them out of business, thereby doing what his cronies wish him to do, empower corporations and unions.
Report Post »powhatan
Posted on September 26, 2010 at 5:04pmI wish we just had a 10 percent flat tax,…and the govt will just have to deal with that amount…period..
Report Post »Mr.Nick
Posted on September 26, 2010 at 5:54pmIt wont work…
It would lead to epic inflation… The reason is that in the manufacturing industry there is a “chain” of buying parts [component] and there is absolutely ZERO way the government can redundantly tax a “component” down the line. What you will end up with is products that are worth, say $125.00 for example but have been taxed down the line to the tune of $300.00 after the manufacturing process is complete.
I would expand more on the subject, but you’re talking hours to explain the flat-tax flaw(s) in detail.
It would actually work from a retail or income tax perspective, however you just cant tax items more than they are actually worth at retail value, as a matter of fact you cant tax a product anything close to retail.
There is a balance that needs to be kept.
Report Post »Mr.Nick
Posted on September 26, 2010 at 4:40pmOh yeah, I know how that works..
Middle class get a tax-cut and the rich get taxed more, hence limiting their investments, hence killing more jobs…
Of course Obama knows the domino effect of his sadistic ideas…..
Does he really think the American populace is that dumb? his voting base may be but we aren’t.
Its not going to happen anyways because his progressive robots are going bye-bye in November.
This is just another example of progressives attempting to sell an idea that seems good on face-value but in reality its intended purpose is to HURT the people…
Report Post »p51d007
Posted on September 26, 2010 at 4:24pmWe all know what is going to happen. The dems have put off until after the election if they want to extend the Bush tax cuts. Then, when they lose a ton of democrats, they will come back as lame ducks and punish the electorate for electing republicans as a way to punish them. Why not? They are going to be gone in a few weeks, they have set themselves up for life at the expense of taxpayers.
Report Post »mintyfresh
Posted on September 26, 2010 at 6:21pmi’m sorry; i think i misunderstand your logic. please explain to me how extending the current tax rate for 99% of people is “punishing the electorate”?
Report Post »BubbaCoop
Posted on September 26, 2010 at 4:22pm“David Axelrod says the administration will continue to push the tax cuts despite stiff resistance from Republicans.”
Talk about SPIN!
Report Post »doncarr61
Posted on September 26, 2010 at 4:11pmLet me understand this. We are paying taxes at the current rate as established by the Bush program.
Report Post »So by continuing current rates instead of letting the Bush Program expire is considered at tax cut???
Boy this logic seems to flow like water from this administration.
I wish I had a Havrad degree so I couold understand this stuff.
Freelancer
Posted on September 26, 2010 at 4:19pmDon’t forget, that he WANTS the tax structure to expire. That way, he can put them back in place for the middle class and rebrand them as the Obama Tax Cuts for the middle class. This mas is so self absorbed in his thinking that he would risk the entire agenda just to put his name on another piece of legislation. That is good I suppose because the more he tries to put his name on everything, the more he comes across as the arrogant ******* that he is.
Report Post »Zcat
Posted on September 26, 2010 at 4:21pmI know…LOL
Report Post »mintyfresh
Posted on September 26, 2010 at 6:17pmIs it not obvious that you can keep the tax rate low for the highest income bracket with no source of funding and decrease the deficit?
Report Post »mintyfresh
Posted on September 26, 2010 at 6:22pm*can’t
Report Post »NoName22
Posted on September 26, 2010 at 4:09pmAxelrod plain out sucks at speaking. “uhh…uhhh…uhhhh…”
He’s awful to listen to.
Report Post »Okpulot Taha
Posted on September 26, 2010 at 3:54pmA complete written transcript of this interview is found here:
http://abcnews.go.com/ThisWeek/week-transcript-axelrod-mcconnell-queen-rania/story?id=11729101
Lot of Axelrod lies are found!
Insults me Obama and his administration assume us to be gullible blithering idiots.
Okpulot Taha
Report Post »Choctaw Nation
NoName22
Posted on September 26, 2010 at 4:07pmWe voted theminto office…….I think it’s a fair assumption.
Some of us even still believe Obama is the ambassador of the change the people want……even though he’s got the same Goldman Sachs Wall St. cronies working for him, that under Bush, were allowed to do whatever they wanted…..
Report Post »Okpulot Taha
Posted on September 26, 2010 at 3:51pmBoy howdy, Axelrod is quite the stupid liar!
On this Pledge To America,
Axelrod states, “…It would borrow $700 billion to cut taxes for the very wealthy….”
Black lie! Continuing those Bush tax rates is not a “cut” in taxes. This is maintaining status quo. There is no “borrowing” this is not “new tax” revenue coming in for Obama to spend.
Axelrod states, “We [Republicans] want to borrow another $700 billion….”
Axelrod tells his black lie a second time!
Axelrod states, “This is exactly how we got into the jam we were in before.”
He is claiming giving tax cuts to the wealthy is what caused our economic recession. This is another black lie by Axelrod. Hello! Wall Street had nothing to do with our economic mess, nor overspending by our federal government. Uh huh, Axelrod assumes us all to be gullible gits.
Dang, what a lying ignorant boy is this Axelrod, and he thinks Americans are so stupid as to believe his black lies!
Jerk.
Okpulot Taha
Report Post »Choctaw Nation
powhatan
Posted on September 26, 2010 at 5:07pmif that is what he thinks…so what….so dont spend that much…….I am so tired of DC
Report Post »RESTORATION1787
Posted on September 26, 2010 at 3:49pmSame old,Same old.
Report Post »broker0101
Posted on September 26, 2010 at 3:47pmHow does Axelrod think the Democrat’s “middle class” constituents are going to feel when, no matter what Congress does, their taxes are NOT, in fact, “cut” on January 1? No one is getting a “tax cut” and their constant use of the term will blow up in their faces. I can’t wait to see it.
Report Post »broker0101
Posted on September 26, 2010 at 3:53pmI just re-read that post and I feel a little foolish. We all know exactly what Axelrod (if he’s still around) and the Democrats will do when the middle class notices that it didn’t get a tax cut on January 1. They will blame the Republics for continuing to “holding them hostage”. Sorry for my foolishness.
Report Post »TenStrings
Posted on September 26, 2010 at 7:08pmAnd, let’s not forget those middle-class earners who were hired after Bush’s tax cuts that may find themselves out of work due to lack of the profits that got them their job in the first place. With this economy, some of them have already joined us here in the poverty ranks. There goes my chance at gainfull employment until after 2012.
Report Post »Zcat
Posted on September 26, 2010 at 3:43pmRemember Obama says, Malik Shabazz is not really the Malik Shabazz of the new black panthers, its just someone with same name! Just like Bill Ayers, George Soros, etc these are just people with the same name as those people yjay visit the White House! This is how stupid, not ignorant, just sheer stupidy the Obama sheep are!
Report Post »parmajohn
Posted on September 26, 2010 at 3:43pmExcuse but haven:t Dems had control since 2006 Lets not forget the Facts Guys
Report Post »EAGLEMOM
Posted on September 26, 2010 at 5:58pmParmesean……cute name….made me laugh..
Report Post »wleeblake
Posted on September 26, 2010 at 3:43pmI understand the republicans dont want to raise taxws on anybody, and the dims want to redistribrute some peoples money.
Report Post »Zcat
Posted on September 26, 2010 at 3:41pmTwo things:
1) It is not a “tax cut.” No one is seeking to cut taxes come January 1.
It is a question whether the taxes rise to their pre-existing level due to the legislated expiration of the so called Bush tax cuts of 2001 and 2003. It is actually a tax increase that could / will happen. There is also the debate as to whom (by income levels) the changes should or should not apply to.
2) The Democrats, since they are in the majority, have the power (and should) put the matter up for vote in Congress before election. Then we will know who and how, Dems and/or Repubs, have voted.
Report Post »AMERICANCITIZEN
Posted on September 26, 2010 at 3:40pmSame games, same spin, same old Washington. NOTHING HAS CHANGED.
Report Post »Obama is no different than any other Washington insider. The elite that know better than you.
Freelancer
Posted on September 26, 2010 at 3:40pmClass warfare at it’s finest…. Problem: I am in that “middle class” and I can see what they are trying to do. Keep the tax cuts for EVERY class and STOP spending that which we do not have. Problem solved.
Report Post »wingedwolf
Posted on September 26, 2010 at 4:58pmThank you, well said. I am the middle class also and I have 3 friends in the process of closing 3 small businesses which until Obama took office supported my friends plus 16 employees and their families. It took less than 2 years for him to put my 3 evil rich friends out of business.
Report Post »Zcat
Posted on September 26, 2010 at 3:39pmThis morning, on ABC, David Axelrod said this about the Republican “Pledge for America”
“I believe, when these Republican members return to their districts, they‘re going to have to explain to their constituents why they’re holding up tax cuts for the middle class.”
Two things:
1/ It is not a “tax cut.” No one is seeking to cut taxes come January 1.
It is a question whether the taxes rise to their pre-existing level due to the legislated expiration of the so called Bush tax cuts of 2001 and 2003. It is actually a tax increase that could / will happen. There is also the debate as to whom (by income levels) the changes should or should not apply to.
2/ The Democrats, since they are in the majority, have the power (and should) put the matter up for vote in Congress before election. Then we will know who and how, Dems and/or Repubs, have voted. Greta V
Report Post »Contrarianthinker
Posted on September 26, 2010 at 4:31pmThank you for reminding us that it isn’t a tax cut and that The DP controls both Houses. They refuse to bring it up for a vote. Of course the MSM refers it to a tax cut.
Report Post »powhatan
Posted on September 26, 2010 at 5:05pmExactly
Report Post »H.Simpson
Posted on September 26, 2010 at 5:27pmZCAT you understand the progressives. Tax increases are on the way, because the progressives will lose nothing after November by allowing the increases. Also, I suspect the conservatives will be far to few to override a veto, should a vote against the increase pass congress.
Report Post »AmericanPatriot01
Posted on September 26, 2010 at 9:59pmThis whole putting off the vote is a stalling tactic by the democratic party.
If they don’t vote now they can “Claim” to be on the side of the very people that fund their campains then go back after the elections and vote any way they can justify, (not extend them for all), and that would most likely be “For the good of the country” and the same old “we know better” routine they have been pulling off for the past 2 years.
They think that by putting it off it will buy them time to use it as a variable rather than a point of defending an unpopular vote. talk about holding something hostage…
Report Post »TruthLover
Posted on September 26, 2010 at 3:36pmThose nasty Republicans. Looking out for ALL the people.
Report Post »sportyk
Posted on September 26, 2010 at 6:24pmPfft….
Report Post »broker0101
Posted on September 26, 2010 at 3:32pm“He says Republicans…won‘t be able to explain to the public why they’re holding up the tax cuts for the middle class.” This one sentence encapsulates the entire mindset of the left. You, The American Public, are idiots who are simply incapable of understanding complicated things like Federal Tax Policy.
Report Post »Topcat
Posted on September 26, 2010 at 4:11pmAnd they dont even believe their own , what is it 26 Democrats believe they should pass the tax cuts for all . It is obvious the left feels that after the election , the 26 Dems will come back into the fold . It was only because of the elections , that they wanted to pass cuts for all , not because it was the right thing to do.. They obviously going to attempt to pass this in the lame duck session , against all the Republicans , 26 or more Democrats and the People. The lame duck session voting should be banned , that vote does not give all the elected candidates a chance to vote , therefor it must be unconstitutional.
Report Post »BubbaCoop
Posted on September 26, 2010 at 4:23pmThe problem, Broker, is that the people who WRITE the tax code can’t understand it.
Report Post »tepartyblog.info
Posted on September 26, 2010 at 4:43pmThey will do whatever they want after nov2 all bets are off. Before the next session of congress they will trough as many road blocks as possible for real progress. They will continue to bet on the American public being too stupid to know who is doing what.
Report Post »Awakened One
Posted on September 26, 2010 at 5:23pmYes indeed Broker. The progressives believe Americans are mostly a bunch of Homer Simpsons. Too dumb to see how they manipulate and nudge the nation to go willingly into Marxist global governance. The sad part is that for many it’s all too true. They did get Obama elected. A lot of that is thanks to a progressive-compliant media helping to hide Obama’s roots. On a brighter note some are waking up. Hopefully more on the way. Spread the word. Vote for freedom over socialist entrapping handouts.
Report Post »John 1776
Posted on September 26, 2010 at 5:41pmAlways have to laugh at that line, as they have a super majority in both houses! Almost as good as the line about Bush trashing the economy, while ignoring that congress, which has the purse strings, has been D for four years now! Yea, Bush put it in a ditch, but Thelma Pelosie, and Louise Obama are driving it off the cliff !
Report Post »poverty.sucks
Posted on September 26, 2010 at 8:16pm3,500 page tax proposal that no one will understand. Nicely packaged for encouragement to pass it, to find out what’s in it.
Report Post »tepartyblog.info
Posted on September 26, 2010 at 9:30pm@Awakened One
Report Post »Its not Marxism that nudges, sunstien calls it libertarian paternalism
LadybugsTX
Posted on September 26, 2010 at 11:44pmYeah, well Sunstein can kiss my red rosy. I don’t need a Daddy.
Report Post »79USMC83
Posted on September 27, 2010 at 7:50amLets see the same old Hope versus Fear and lets just put some CHANGE in there also. The Constitution says WE THE PEOPLE and NOT an OLIGARCHY are to run this country as a REPUBLIC. Which is supposed to be a “Government Stupid” run on LAW’S. This “Government Stupid” refuses to enforce those laws,it refuses to follow the PROCEDURE set down in the Constitution. This “Government Stupid” is giving WE THE PEOPLE’S tax money to the very SPECIAL INTEREST groups it said it was going to CHANGE about the “Government Stupid” it replaced. The “Speech Giver” has down right LIED about the CHANGE he campaigned for. The only PROMISE he has kept is the one about TRANSFORMING America. Even Homer Simpson know‘s when it is election time TAX’S are used by BOTH PARTIES for votes,But the CRAP those TAX”S are spent on is the REAL ISSUE!!!!! like $800,000 to teach African men how to wash their balls!! Or how about $50 million to but some stoves to be GIVEN to a certain group of wood burners!!!!!!! I could use a stove for when I go camping!!! That is right campfires and fire pits like the one HILLARY’S rich friends have at their weekend lake houses are going to be OUTLAWED next!!! I wonder if Al gore has one of those fire pits??
Definition of OLIGARCHY
1: government by the few
2: a government in which a small group exercises control especially for corrupt and selfish purposes; also : a group exercising such control
3: an organization under oligarchic control
TERM LIMITS NOW !!
FAIR TAX NOW !!
DEATH TO TRAITORS !!
trai·tor noun \ˈtrā-tər\
Report Post »Definition of TRAITOR
1: one who betrays another’s trust or is false to an obligation or duty
2: one who commits treason