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Tuesday, June 03, 2003
Trickle down shamelessness
Hey poor people. That trickle down that you may or may not feel is just Tom DeLay (R-Should Have Been Aborted) pissing on you from above:
The House majority leader, Representative Tom DeLay, said today that the House would not consider a Democratic measure to provide an increased tax credit to 6.5 million low-income families who did not receive it in the new tax law.
Mr. DeLay, a Texas Republican, said the increased tax credits would be approved only if they were part of a broader tax-cut package, possibly including permanent repeal of the estate tax or making state sales taxes deductible. A package of that size would require 60 votes to pass in the Senate, and Democratic opposition to big new tax cuts would make such passage almost impossible.
In other words, give the rich the turkey and he may throw the poor a bone.
Clearly irked at the mounting criticism of Republicans for the last-minute decision not to give the credit to minimum-wage families, Mr. DeLay said those who favored the increased credit had had their chance in the debate over the bill.
"There are a lot of other things that are more important than that," Mr. DeLay said in a news conference today. "To me, it's a little difficult to give tax relief to people that don't pay income tax."
[snip...]
Chuck Grassley is a real charmer too:
Like Mr. DeLay, many Senate Republicans would prefer to consider the child credits as part of a more expensive bill that would cut other taxes. One such bill, introduced today by the chief Senate tax writer, Charles E. Grassley, Republican of Iowa and chairman of the Finance Committee, would extend the credit to both minimum-wage families and to far wealthier married couples. While the child credit is now phased out for couples making more than $110,000, Mr. Grassley's bill would begin the phase-out at $150,000.
With that extra $400 those $110,000+ families could maybe, I don't know, fill up the Hummer H2 for a week. $400 to those people making $10,500 to $26,625 a year is a windfall and every penny of it would be pumped back into the economy.
Beginning next month, about 25 million mostly middle-class families will begin receiving checks of $400 per child, representing the increase in the child credit to $1,000 from $600 in the new law. Mr. DeLay said that giving such checks to families who do not pay income tax amounts to a spending program. The Senate could easily have won the credits in the negotiations if it had not been so rigid about fitting the program under a $350 billion ceiling, he said.
"Those that are complaining the most about this being taken out in the negotiations are the ones that were against the tax cuts in the first place, and I think it's pretty shameable that they are now crying for it," he said. "Particularly those in the Senate that required that we have a $350 billion box that we had to work with."
It is my sincere hope that the day that Tom DeLay dies, poor people from all over the country will start lining up for an opportunity to piss on his grave.
Just to return the favor.
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