"Through the artificial debt-ceiling "crisis," through the Moonie-like spectacle in Iowa of candidates (including Mr. Sanity, Jon Huntsman) raising hands to promise never to accept any tax increase, the Republican field has been absolutist and inflexible about not letting any revenue increase, in any form, be part of dealing with debts and deficits.
Except, it now turns out, when the taxes are those that (a) weigh most heavily on the people who are already struggling, and (b) would have the most obvious "job-killing" effect if they went up.When it comes to those taxes -- hell, we're easy! According to the AP andBusiness Insider, Rep. Jeb Hensarling of Texas (at right), the Republican co-chair of the all-powerful budget Super Committee, is dead set against lettingthe Bush-era tax cuts expire for anyone, including millionaires. But he sees no problem in letting the current cut in payroll-tax rates -- you know, the main tax burden for most Americans -- run out".................READ MORE
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