{"id":11645,"date":"2012-07-26T07:17:52","date_gmt":"2012-07-26T12:17:52","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=11645"},"modified":"2012-07-26T07:17:52","modified_gmt":"2012-07-26T12:17:52","slug":"senate-passes-tax-cuts-for-the-first-250000-of-income-for-all","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2012\/07\/26\/senate-passes-tax-cuts-for-the-first-250000-of-income-for-all\/","title":{"rendered":"Senate Passes Tax Cuts For The First $250,000 Of Income For All"},"content":{"rendered":"

ABC News has the article Senate Passes Cuts for All but Richest Americans<\/a><\/strong>. As one comment posted on the article says, a better headline would be the one I chose.<\/p>\n

“With the Senate’s vote, the House Republicans are now the only people left in Washington holding hostage the middle-class tax cuts for 98 percent of Americans and nearly every small business owner,” Obama said in a written statement.<\/p><\/blockquote>\n

On the Republican side, we have the statement:<\/p>\n

Republicans say raising taxes on higher earners saps money from business owners who would otherwise create jobs. Democrats say that’s overblown.<\/p><\/blockquote>\n

To say that the Republican point of view is overblown, is putting it rather mildly. I prefer Harry Reid’s comments:<\/p>\n

“Here we go again,” Reid muttered. Some of McConnell’s remarks, he added, were “poppycock.”<\/p><\/blockquote>\n

It does not make any difference how low you make the taxes, a business owner would be a fool to create more jobs when there aren’t enough customers to keep the existing employees busy.\u00a0 As self-proclaimed experts on capitalism, how could the Republicans be so dumb as to pretend not to understand this?\u00a0 In fact, I bet that most Republicans are not that dumb.\u00a0 They just think the electorate is that dumb.\u00a0 So far the facts seem to be proving them out on this judgment.<\/p>\n","protected":false},"excerpt":{"rendered":"

ABC News has the article Senate Passes Cuts for All but Richest Americans. As one comment posted on the article says, a better headline would be the one I chose. “With the Senate’s vote, the House Republicans are now the only people left in Washington holding hostage the middle-class tax cuts for 98 percent of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-11645","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/11645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=11645"}],"version-history":[{"count":1,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/11645\/revisions"}],"predecessor-version":[{"id":11646,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/11645\/revisions\/11646"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=11645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=11645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=11645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}