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Nadler: Republicans are ‘a bunch of gangsters’ on taxes

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posted on Dec, 13 2010 @ 04:12 PM
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Nadler: Republicans are ‘a bunch of gangsters’ on taxes
Posted by USAHM News on December 13, 2010 in Politics | 0 Comment

Raw Story

New York Democrat Rep. Jerrold Nadler on Sunday said Republicans are behaving like “a bunch of gangsters” on taxes, accusing them of employing mob-like tactics to extort high-end tax cuts by threatening middle class tax relief.

“The Republican block is saying, like a bunch of gangsters, it’s a nice middle class tax cut – a pity something would happen to it,” Nadler said on CBS’s “Face the Nation.” “Unless you give the millionaires and billionaires a long-term tax cut, we’re not going to permit the middle class to continue its tax cut.”

“But that millionaires’ and billionaires’ tax cut will cost $700 billion added to the deficit over the next ten years, which we can’t afford,” he said.

The fierce rhetoric reflects a deep divide between Democrats and Republicans on whether or not to extend tax cuts, which are scheduled to expire on December 31, for the top 2-3 percent of Americans. Republicans have threatened to block any deal that does to extend them, and House Democrats are determined to end them.

Nadler worried that if President Barack Obama gives in to Republican “blackmail,” GOP leaders would use a similar tactic in two years to make the high-end tax cuts permanent.

usahitman.com...

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posted on Dec, 13 2010 @ 09:23 PM
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Originally posted by SupremeKnowledge
“But that millionaires’ and billionaires’ tax cut will cost $700 billion added to the deficit over the next ten years, which we can’t afford,” he said.


I am really, really about to blow a gasket over those liars claiming these tax cuts "cost" anything and "add to the deficit". They are not losing anything. They haven't had that money for nearly a decade.

The only reason that $700 billion will be added to the deficit will be if Congress continues spending what they don't have.



 
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