In response to:

Surprise: Democrats Threaten "Fiscal Cliff" if GOP Doesn't Cave on Tax Hikes

Parker01 Wrote: Jul 16, 2012 7:32 PM

It would go a long way if the GOP leadership would cease referring to this proposal as a tax cut. Rather, call it what it is, it is a proposal by the President and the DNC to raise taxes on people who earn over Two-hundred and fifty thousand. This is not a tax cut proposal. I am sick and tired of hearing it referred to as a tax cut for the middle class and the lower income earners. It is nothing of the sort. It is a nothing more than a tax increase on the so-called, "wealthy." If the current rates are allowed to expire, it is a tax increase on every one. That's it. That's all. It isn't cutting anyone's taxes.

Join the Debate!

All comments and users are subject to Townhall's new comments policy.

Read Full Story

Surprise: Democrats Threaten "Fiscal Cliff" if GOP Doesn't Cave on Tax Hikes

Cast your mind back to last summer, when virtually every Left-leaning politician and columnist in the country was denouncing House Republicans for "holding the country hostage" to their Tea Party demands, or whatever. Many, including the Vice President, ramped up the rhetoric by comparing the GOP to terrorists. At stake was whether Congress would secure dollar-for-dollar offsets to President Obama latest debt ceiling increase request. Democrats -- who at first insisted on a "clean" debt increase with no strings attached -- eventually demanded a deal that included huge tax increases. Republicans refused. Many painful machinations and meetings later,...