McConnell: Notion of Raising Taxes Was Settled by Last November’s Election
Click here to view this media Steve Benen summed up this statement from Mitch McConnell yesterday on CNN’s State of the Union — McConnell thinks midterms settled tax debate : The Republican line on taxes isn’t exactly a mystery: shrinking the deficit is important, but not as important as making sure there are no tax increases on anyone at any time by any amount. That tax cuts are the driving factor behind the massive budget shortfalls over the next decade (and beyond) is apparently unimportant. How do GOP leaders defend this? Senate Minority Leader Mitch McConnell (R-Ky.) tried out this line on CNN’s “State of the Union” yesterday. CROWLEY: And I think I can get a yes or no from you on this. No tax increases will you accept at all in either the short, the medium or the long term, and that includes close tax loopholes? MCCONNELL: Well, there aren’t going to be any tax increases. You know, that was settled by last November’s election. The president knows that. I’m trying to think of a dumber line on fiscal policy. Nothing comes to mind. The usual Republican position — tax increases necessarily undercut the economy — is absurd enough. But McConnell didn’t even rely on the old canard, choosing instead to make an electoral/policy argument. Americans elected a Democratic president, a Democratic Senate, and a Republican House. Ergo, any and all tax increases are off the table. Read on… These guys really are a broken record on the tax issue. What’s disgusting is they’re willing to destroy the country’s economy with their rigid ideology, no matter what their constituents think.
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McConnell: Notion of Raising Taxes Was Settled by Last November’s Election
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on May 16, 2011. Filed under