Skip to comments.Congressman Mike Pence, Sen. Jim DeMint Introduce Legislation To Make Bush-Era Tax Cuts Permanent
Posted on 11/18/2010 3:52:10 PM PST by FTJM
Rep. Mike Pence, R-Ind., left little room for compromise on the issue of extending the expiring income tax cuts, suggesting that if they are not made permanent by the end of the year, Republicans should redouble their efforts to do so in the new Congress.
Pence said on Thursday that he was backing up that pledge with legislation co-sponsored by Sen. Jim DeMint, R-S.C., to permanently extend the cuts for both the middle class and wealthy Americans.
I really believe that the last thing we should do in the worst economy in 25 years is allow a tax increase on any American, Pence told ABCs Jonathan Karl and Rick Klein on Top Line. And we shouldn't do it in 6 weeks, we should do it in 24 months or 36 months, we ought to start the road to recovery by saying to the American people all the current tax rates are the tax rates going forward, permanently. And then we can go to work on putting our fiscal house in order and pursuing the kind of pro-growth policy that'll really create growth.
There are already several pieces of legislation pending to extend the tax cuts that are set to expire at the end of the year, and other members of Congress, like the incoming chairman of the House Ways and Means Committee Rep. Dave Camp, R-Mich., have said they will proceed with similar measures.
Congress is expected to consider the tax cut issue when they return from the Thanksgiving recess.
(Excerpt) Read more at blogs.abcnews.com ...
Good. It would be a long shot, but the sentiment is nice.
2 real conservatives. Nice to see.
Let the Dems own this. "The rich" argument isn't going to work anymore.
Entrepeneurs will not rebuild their businesses without at least a 5 year plan in mind...
Yup. Real conservatives actually doing something.
It doesn’t need to be permanent permanent. We really should abolish the current tax code and start over.
These guys are great. Keep it up. Make sure to correct the state run media when they use the term âCUTS FOR THE MIDDLE CLASSâ - NO ONE is talking about âCUTSâ only to keep the existing tax rates that are in effect now.
“Entrepeneurs will not rebuild their businesses without at least a 5 year plan in mind...”
Things aren’t made as good as they used to because everyone has short term thinking. They can’t plan ahead because they don’t know what to expect from tax legislation and they don’t know what the dollar will be worth even a few months from now.
Either way is fine by me.
No more appeasement of leftists. We conservatives should realize better than any that appeasement never works. It only empowers and enriches instead of weaken the culprit.
Let the minority leftists attack the mainstream Americans; damn the torpedoes, full speed ahead restoring sanity to our country!
Should be called “Americas tax breaks”.
And the next day fire another volley via a new bill for new tax cuts. Never let up.
spending money never costs anything. it’s only when you want to let people keep more of what is theirs in the first place, that “costs” money. if you ask a Lib/Dem
Would someone please remind me exactly why we are going to settle with Boner for Speaker of the House?
I like this. Make the Dems defend their position to NOT extend the tax cuts.
Pence et al. should reframe the issue. Allowing the rate cuts to expire is a tax increase plain and simple.
“Either way is fine by me.”
No more former legislators in Executive positions.....
I’ve had it with the Obamas, McCains, Doles, LBJs, and JFKs of the world........
The names you mentioned didn’t suck because they were legislators.
They suck because they are liberals.
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