I understand the position of those who oppose President Obama's tax deal regarding the expiring tax cuts and personally agree that we should allow them only for families making under $250,0000. However, I'm surprised that some think that if Obama held out, he would achieve his goal of extending tax cuts only for families making less than $250,000. The risk of a GOP filibuster was too great.
So I truly do not know if Obama actually had the option that some feel that he had. I think he took the only path available.
Is this really what the GOP thought it was elected for? Republicans are giving away the house by maintaining the tax relief for the wealthy and prohibiting the nation from getting the necessary dollars needed to help climb out of this hole we are in.
Do they really think the wealthy can't afford to pay a few more tax dollars to the government? The middle-class needs the break. Now they want to deprive those on Social Security a one-time $250 payment. That's not going to break the bank.
Lionel T. Bauman
According to the nonpartisan Tax Foundation, Americans last year paid a historically low level of personal taxes. President Obama strove to keep current tax cuts in place for all families making less than $250,000 - that is, for a full 98 percent of Americans.
So fixated were congressional Republicans on opposing increased taxes for the nation's wealthiest 2 percent that they were perfectly willing to let the tax cuts lapse for all of us in January rather than accept Obama's plan. This underlines in bold relief where the Republicans' interests really lie.
Craig W. Norris