Jon Kyl: Extend Bush Tax Cuts For Wealthy Even If They Add To Deficit
Sam Stein
HuffPost
First Posted: 07-12-10
Top Senate Republican Jon Kyl (R-Ariz.) insisted on Sunday that Congress should extend the Bush tax cuts for the wealthiest Americans regardless of their impact on the deficit, even as he and other Republicans are blocking unemployment insurance extensions over deficit concerns.
"[Y]ou should never raise taxes in order to cut taxes," said the Arizona Senator during an appearance on Fox News Sunday. "Surely Congress has the authority, and it would be right to -- if we decide we want to cut taxes to spur the economy, not to have to raise taxes in order to offset those costs. You do need to offset the cost of increased spending, and that's what Republicans object to. But you should never have to offset cost of a deliberate decision to reduce tax rates on Americans."
White House aides immediately seized on the comments. Press Secretary Robert Gibbs wrote on Twitter, "Kyl says wealthy need big Bush tax cuts while middle class families are on their own to fend for themselves as a result of Bush economy."
In private, administration officials say that the framing of the argument couldn't be more advantageous: "It's cutting taxes for the wealthy and letting the unemployed to fend for themselves," said one White House ally.
(More here.)
HuffPost
First Posted: 07-12-10
Top Senate Republican Jon Kyl (R-Ariz.) insisted on Sunday that Congress should extend the Bush tax cuts for the wealthiest Americans regardless of their impact on the deficit, even as he and other Republicans are blocking unemployment insurance extensions over deficit concerns.
"[Y]ou should never raise taxes in order to cut taxes," said the Arizona Senator during an appearance on Fox News Sunday. "Surely Congress has the authority, and it would be right to -- if we decide we want to cut taxes to spur the economy, not to have to raise taxes in order to offset those costs. You do need to offset the cost of increased spending, and that's what Republicans object to. But you should never have to offset cost of a deliberate decision to reduce tax rates on Americans."
White House aides immediately seized on the comments. Press Secretary Robert Gibbs wrote on Twitter, "Kyl says wealthy need big Bush tax cuts while middle class families are on their own to fend for themselves as a result of Bush economy."
In private, administration officials say that the framing of the argument couldn't be more advantageous: "It's cutting taxes for the wealthy and letting the unemployed to fend for themselves," said one White House ally.
(More here.)
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