Quote:
Originally Posted by icenine
You mean the extension of the tax cuts he signed because 1) the House would not let Obama extend the cuts to the middle class and and tax some of the more wealthy at the same time, which would have been more fiscally (tea party ideology right?) responsible thing to do and 2) restoring the pre-Bush cut tax rates would have been just too dampening to the economy at the height of the recession.
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Well, at least there's an admission that increasing taxes dampens economic activity. I suppose that's progress....