I have a few intense questions to put to the Center on Budget and Policy Priorities about its report:
Republican leaders in the House and Senate have called for extending an estate-tax cut enacted in 2010 that provides a large tax break to the estates of the wealthiest 0.3 percent of Americans who die each year — about 7,000 people — while ending a provision of the same 2010 tax legislation that makes improvements in the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) that benefit 13 million moderate-income working families.
If made permanent, the estate-tax break ... would increase the deficit by $141 billion [over the next 10 years].
Now for those questions.
What color tie should Obama wear tonight, red or blue? Should he smile at any time? Or would smiling conclusively demonstrate a chilling indifference to the jobless and disadvantaged? Should he remain seated on his stool? Or should he walk around? Should he look at Mitt Romney? Should he wear a neck-brace, just to preempt action on any urge to ever look down? Should he leave his watch in the green room? Should he go "big" with his flag lapel pin? Should Michelle wave? Should Barack wave back?
It's downright offensive that some outfits, like CBPP, incorporate in their name terms such as "Policy Priorities," when clearly they haven't any idea what counts as a real priority in today's national politics.
I'm slow today. I had to read your post twice before I concluded you had not had a nervous breakdown. When you spread the sarcasm over too many paragraphs and save the acid for the last line it begins to resemble what other people think is true. Ya got me.
Posted by: Peter G | October 16, 2012 at 01:36 PM
I with you all the time, but think you missed the point and over reacted to this report. CBPP does great work -- honest analysis of budget proposals, and nonpartisian. I didn't read the whole report, but CBPP is evaluating Republican proposed legislation, not Administration policy. CBPP says the R's proposed change to estate taxes is "Terrible" (benifit the very rich) and that changing the EITC woulod be terrible for 13 million low income families (reduce their benefits). Just honest analysis, not advocating polocy.
Posted by: Chris E. | October 16, 2012 at 05:52 PM