Diesel
Banned
- Joined
- Jan 15, 2020
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Dems condemning Trump'''s proposed payroll tax cut after previously supporting Obama'''s | Fox News
I am how do you not know this stuff? ol yea liberals hate facts.
Democrats are lining up to condemn President Trump's proposal to eliminate payroll taxes amid the coronavirus outbreak, even though many of them were lock-step in supporting former President Obama's two-percent payroll tax cut in 2010.
The apparent flip-flop came as stocks rebounded on Tuesday on news of the president's coronavirus initiatives, with the Dow posting its third-biggest point gain in history. Trump has called for a "dramatic" payroll tax cut, and Fox News is told there has been consideration of suspending the payroll tax for three months, through the fall, or even through the end of the year.
House Speaker Nancy Pelosi, D-Calif., is working with Democratic leaders on their own stimulus package, and has suggested that a payroll cut likely won't be included because it amounts to “tax cuts for major corporations.”
However, in a 2011 press release, Pelosi called a brief extension of Obama's payroll tax cut a "victory for all Americans" and said it would put "nearly $40 per paycheck in the pockets of the average family."
"Today is a victory for all Americans - for the security of our middle class, for the health of our seniors, and for economic growth and job creation," Pelosi said at the time. "The American people spoke out clearly and, thanks to President Obama's leadership, 160 million Americans will continue to receive their payroll tax cut - nearly $40 per paycheck in the pockets of the average family. I salute the work of the unified House Democratic caucus on behalf of the American people."
But in 2018, Neal posted an article to his website outlining his support for Obama's payroll tax.
"In economic downturn we all used to agree — Democrat, Republican, Libertarian, Socialists, far right — all agreed on two things, in an economic downturn you increased spending and you cut taxes. We did both," Neal said in the article. "We cut the payroll tax and we embraced Obama's plan for almost a trillion dollars in public spending and that helped get us out of where we were."
Other senior Democrats have also seemingly changed their tune. "House GOP trying to play catch-up on jobs but their stalling of payroll tax cut shows they are still putting politics before recovery," tweeted Senate Minority Leader Chuck Schumer, D-N.Y., in August 2011.
again thanks for letting us all know that democrats are a bunch of dumbasses but i hate to tell you that we already knew that.
lmao. you seriously can't make this stuff up.
When obama was president payroll tax cuts were amazing and great.
because trump proposed it they are bad. ummm me democrat trump proposed something we praised it now bad.
lmao you seriously can't make this stuff up.
Sigh. Obama Obama Obama. The economy right now is not the economy that existed ten years ago. Payroll tax cuts were logical then. They are not logical now. Someone else gave you a fuller academic response. I have dumbed it down as much as I can.