(VIDEO IN EXTENDED ARTICLE)
On Sunday, CNN’s “State of the Union” host Jake Tapper put Sen. Bernie Sanders (I-VT) in an uncomfortable position, forcing him to acknowledge that the middle-class tax cuts in the GOP bill are a good thing:
TAPPER: Next year, 91% of middle-income Americans will receive a tax cut. Isn’t that a good thing?
SANDERS: Yeah, it is a very good thing, and that’s why we should have made the tax breaks for the middle class permanent. But what the Republicans did is make the tax breaks for corporations permanent, the tax cuts for the middle class temporary, and, according to the Tax Policy Center … at the end of ten years, 83% of the benefits go to the top 1%, 60% of the benefits go to the top one tenth of 1%. Meanwhile, at the end of 10 years, well over 80 million Americans will be paying more in taxes.
What Sanders and most of the media are ignoring, is the GOP intentionally structured the bill this way to put Democrats on the spot down the line about whether to reapprove the middle class tax cuts even they admit is a positive.
(YWN World Headquarters – NYC)
3 Responses
Awesome!!!!
I didn’t hear him complaining when the Iran deal had an expiry date after which point the US all but hands them ready-made nukes to play with.
The comment at the end of the accompanying article is factually incorrect. Due to senate rules, in order to make the individual tax cuts permanent, they would have needed a cloture vote (a vote of 60 to end debate), meaning they would have needed nine Democrats to “defect.” This was NEVER going to happen so they passed the bill as best they could under the circumstances. However the Repubs are now in a position to play the hand the Dems are dealing them, if they’re smart, and challenge them to make those cuts permanent too.