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.
To 20 - Excellent pt.
All arguments for increasing tax rates on “the rich” can be refuted with empirical proofs.
These include “fairness” and “paying their fair share” and “deficit/revenue” reasons.
The only thing left, the only reason the left really wants to raise rates on “the rich” is in order to punish them for their success.
“The names you mentioned didnt suck because they were legislators.”
Can you name me a CIC, who was a former legislator, that was a better than average President (didn’t suck in your words)?
No? I rest my case.
George Washington, John Adams, Thomas Jefferson, James Madison, James Monroe all served in colonial legislatures.
Calvin Coolidge served in the Mass. state legislature.
Then there was that Lincoln guy, though there is debate as to whether or not he sucked.
It’s the character of the person that matters, not their previous job.
The Founders you mentioned all had careers other than as legislators, as businessmen, lawyers, Military commanders, plantation owners/farmers, skilled craftsmen, etc (Washington was a commander in chief before he became CIC....lololol)....Their view was a short stint in elective office then a return to “real life.” Try taking about the 20th/21st century......
As for the rest ....you forgot Richard M Nixon, a former US Representative and US Senator.......he was considered in his time as a Conservative with solid anti-communist credentials in a cold war world..... (History paints him as a moderate, right of center Republican with good foreign diplomacy skills and, under the constant pressure of lefty attacks, a highly flawed personality.)
The point I was making is that todays legislators are, for the most part, Career Politicians instead of the the citizen/representatives of yore, and have little or no experience beyond government......
No matter what an individual’s initial character, life in the Congress is a corrupting influence, and I’d prefer not to have people with that as a large part of their resume running for President.......No matter what their reputation as “conservative,” they seem always to disapoint in the role of “Executive”....
Give me a proven chief executive every time ......CEO, Governor, etc.....guess thats just me.....
But you go ahead, mine those legislative fields....maybe you’ll find a “nugget” worth his/her weight, one that’s not “fools gold”.....I’m just not gonna hold my breath while you swish the water in those pans around......