Posted: Jul 17, 2011 4:04 am
UtilityMonster wrote:He is most certainly not deferring to Republican positions on taxation, so I have no idea why you cited the fact that 70% of Americans prefer to raise taxes on the wealthy as if his position disagrees with that.
He started these negotiations by proposing a 3:1 ratio favoring spending cuts over tax increases. He has renegged on his promise to repeal the Bush tax cuts. 42% of the stimulus package eventually passed consisted of new tax cuts. Taxes under Obama are even lower than they were under Bush. Maybe that's why he is accused of deferring to a Republican position on taxation.