Conflicted on Taxes
By Bill Jamieson | November 30th, 2011 | Category: Politics & Public Policy | No Comments »The Republican Party agenda on taxation is conflicted: Republicans are in favor of slashing taxes … unless the tax cut benefits people who are not wealthy, and is proposed by Barack Obama. The President has asked Congress to cut every workers payroll tax bill in half, from 6.2% to 3.1%. His proposal also reduces the employers’ share of the tax by 50% on the first $5 million of a company’s total payroll. Are the Republicans rejoicing? No, they are fighting the initiative because it would [...]
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