The scramble is on to avoid being called a tax hiker but still be seen as making the more affluent among us pay "their fair share" in these deficit ridden times.
President Obama wants to extend current rates for people earning under $250K while allowing the so-called Bush era rates to rise for those higher than that.
Anxious to appear to be keeping a little difference from his party's President, Rep. Bill Owens says he wants the threshold at $500K.
That's a difference without a distinction, or whatever the expression is.
Only in an environment where you can print your own money can there even be a debate over restricting revenue without being willing to cut expenses.
The President's ploy is good politics...good class warfare politics.
I am tired of rate schedules that expire, thus forcing debates over the "largest tax hike in history". Mr Owens playing with the level for what is rich adds nothing to the conversation.
Watertown Daily Times | Owens breaks from Obama on tax threshold