(Community Matters) It was wrong to cut taxes during two wars and it’s wrong to extend the tax cuts. I agree w/ Nobel Prize-winning economist, Paul Krugman and with a majority of Americans that we should let the GW Bush tax cuts for the wealthiest Americans expire. The President should not be blackmailed by 233 House members, though I hope he’s able to find a compromise that doesn’t involve their extension.
Arguments that allowing rates to return to Clinton-era levels will decimate job creation have been debunked.