Sunday, August 21, 2011

Tax Cuts

Republicans are set to resist extending the payroll tax cut. I struggle to write anything that that statement doesn't already make clear. Republicans are going to fight a tax cut because it helps ordinary people and will stimulate hiring. Is this the end of cynicism? There's no subterfuge or misdirection here, right? This is bald-faced class warfare. Seems the only way to understand the gambit is as a test of how deeply the debt paranoia has penetrated. If the public doesn't react positively to Obama's tax holiday, the Republicans will confirm their triumph. Austerity for the working class will have become the new American value.

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