Dems Taxing Dillema
Democrat's priorities require spending more money. When the tax cuts go into effect they would have to raise taxes to fund their projects. It should be noted that the Dems also have the problem of having argued that the tax cuts raise the deficit, would have to explain how their expenditures do not.
"Most Democratic presidential candidates had hoped to finance their ambitious campaign proposals -- especially expanded health insurance coverage -- by blocking those future cuts, arguing that stopping tax reductions before they happen cannot be considered a tax hike. But if those reductions go in force this year, tax hikes appear to be an inevitable part of the Democratic agenda."
..."Already, Democrats are refining their messages to reflect the new reality. Kerry told reporters in Iowa on Friday: 'Let's have the debate about America's choices: Health care or tax cuts for the wealthiest Americans. If it requires us to go backwards, we're going backwards on that tax cut -- but not for average Americans.'" Note how Kerry does not explain how tax cuts increase the deficit and spending does not. apparently his message is not that refined.
Democrat's priorities require spending more money. When the tax cuts go into effect they would have to raise taxes to fund their projects. It should be noted that the Dems also have the problem of having argued that the tax cuts raise the deficit, would have to explain how their expenditures do not.
"Most Democratic presidential candidates had hoped to finance their ambitious campaign proposals -- especially expanded health insurance coverage -- by blocking those future cuts, arguing that stopping tax reductions before they happen cannot be considered a tax hike. But if those reductions go in force this year, tax hikes appear to be an inevitable part of the Democratic agenda."
..."Already, Democrats are refining their messages to reflect the new reality. Kerry told reporters in Iowa on Friday: 'Let's have the debate about America's choices: Health care or tax cuts for the wealthiest Americans. If it requires us to go backwards, we're going backwards on that tax cut -- but not for average Americans.'" Note how Kerry does not explain how tax cuts increase the deficit and spending does not. apparently his message is not that refined.
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