Griper Blade: Can Democrats Blow the Upcoming Payroll Tax Fight?

It's hard to see how Democrats could lose this one -- at least, in a PR sense. As Democrats prepare a push to extend a payroll tax break, Republicans oppose it. All of a sudden, tax breaks add to the deficit. They didn't used to, but they do now. Republicans are consistent only in their disregard for logical consistency. When the tax cuts benefit the very rich, they don't add to the deficit. When they don't... Well, that's a different story. And, of course, there's the fact that President Obama is for extending these particular cuts, which -- by the reactionary reasoning of the party -- means they must be bad.

New York Times:

It is hard to find a tax cut that Congressional Republicans dislike. Unless it is a tax cut pushed by President Obama.

In a turning of the tax policy tables, Democrats are increasingly hammering on Republicans who oppose the president’s proposal to extend for a year a payroll tax cut passed last year with bipartisan support.

That tax cut -- which reduces workers' contributions to Social Security this year to 4.2 percent of wages, from 6.2 percent -- expires in December. The White House would like to extend it for another year. But Republicans in Congress are balking, arguing that such a cut adds needlessly to the nation’s budget deficit, and should be replaced with an overhaul of tax policy instead...[CLICK TO READ FULL POST]