Saturday, February 21, 2009

Didn't Republicans say they were for tax breaks?

By GottaLaff

What's the beef again?

Roughly 97% of American households could see tax savings as a result of the American Recovery and Reinvestment Act, according to a new analysis by a nonpartisan research group. [...]

"Never before in our history has a tax cut taken effect faster or gone to so many hardworking Americans," Obama said in his weekly video and radio address.

In addition, the economic recovery plan contains a host of tax breaks for small businesses.

(click on image to enlarge)

As I've previously posted, Republicans have boxed themselves in:
The economic stimulus package to be signed today by President Obama includes one of the largest tax cuts in American history -- $282 billion in tax cuts over two years.

Steven Waldman made this point last week, but few others have picked up on it.

Marc Ambinder: "It's hard imagine we won't hear about this four years from now. And if that's not boxing a future Republican candidate in ahead of time, I don't know what is. Think about how many potential Republican arguments are going to be pre-empted by that nice little fact?"

A bonus for Democrats: Nearly every Republican in Congress voted against it.
They've successfully tied themselves into a big, contradictory, obstructionist knot.

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