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Introducing the Obama Tax Cut Bill

Posted: December 6, 2010, 8:13PM

►White House, GOP Lawmakers Near Broad Deal on Tax Cuts


EXCERPT:

Mr. Obama has long advocated letting tax rates expire for single people earning $200,000 or more and married couples earning $250,000 or more.

In a Monday press conference, he said that is still his preference. But faced with opposition from Republicans, he said he was forced to go along with extending cuts to wealthier taxpayers in order to ensure the middle-class cuts stay in place.

"The American people didn't send us here to fight symbolic battles, or win symbolic victories," Mr. Obama said.


If President Obama was a true leader who believed his rhetoric that the rich, or the "millionaires and billionaires" as they are called this month, should not get a tax cut because that would be good for the economy and good for America, then he would have not given in to the Republicans for this "symbolic victory."

But this isn't about what's good for the American people. This is about replacing Bush's name on the tax bill with Obama's. By tweaking it a bit to include a couple original tax cuts of his own, it now becomes Obama's Tax Cut bill.

If this was so urgent then why did Obama wait until the final hour to get it done? Obama has had two years with a solid Democrat majority in the House and Senate to get this done. He could have proposed these new tax cuts and extended the Bush tax cuts at any time in his first two years in office.

He didn't have to wait until they were ready to expire for this fire drill. It should have been his number one priority a day after his inauguration. The economy certainly was his number one priority in his campaign when he was able to pull off the "I'm a centrist" act.

Instead, he chose to fly to the Middle East immediately after his inauguration for the first stop of his international AAT. (America Apology Tour. Read about the second AAT stop to the Middle East here: Not a Christian, but Plays One on TV)

Obama is not about tax cuts. Obama is not about pro-business, free-market legislation that he and his Democrat majority should have proposed and passed into law that would have prevented 10% unemployment - a number that they are trying to infuse into our culture as "the new norm."

Obama says, "The American people didn't send us here to fight symbolic battles, or win symbolic victories."

No, Mr. President, we didn't. We sent people to Washington last month to stop you.

Chuck


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