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GOP May Vote for Tax Increase

November 29, 2011
The Godfather, Godfather Politics

Are Republicans stupid or weak? Maybe it’s a little bit of both. They’re certainly slow learners.

Once Republicans secured a tax reduction, they should never let it go. I realize that the payroll tax holiday is a reduction in Social Security income that’s used to fund the bankrupt program, but instead of giving up this reduction, they should push for spending cuts to make up for the shortfall.

Sen. Chuck Schumer (D-NY) understands how to play the game. He and his fellow Democrats have put forward a plan to extend the payroll tax cut into 2012 to be paid for by a surtax on those with incomes greater than $1 million. Schumer knows how to frame the issue. Republicans do not:

And now… the rest of the story. …..

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