David Kirkpatrick

September 13, 2010

In advance of favorable midterm elections …

Filed under: Business, Politics — Tags: , , , , , — David Kirkpatrick @ 5:21 pm

… the “party of ‘no'” says, “maybe.”

Good news on the tax front. This at least hints the GOP isn’t willing to blow up tax cuts for a very huge majority of taxpayers just to side with the top two percent (or thereabouts) of households.

From the link:

The top Republican in the House of Representatives offered a hint of compromise on the divisive issue of taxes on Sunday, saying he would support extending tax cuts for the middle class even if cuts for the wealthy are allowed to expire.

Representative John Boehner said President Barack Obama’s proposal to renew lower tax rates for families making less than $250,000 but let the lower rates for wealthier Americans expire was “bad policy” — but he will support it if he must.

“If the only option I have is to vote for some of those tax reductions, I’ll vote for it,” Boehner said on CBS’s “Face the Nation” program.

“If the only option I have is to vote for those at 250 and below, of course I’m going to do that,” he said. “But I’m going to do everything I can to fight to make sure that we extend the current tax rates for all Americans.”