
Only in whacked out lefty land are tax-cuts considered “morally troubling”…
(Washington Times) — Vice President Joseph R. Biden Jr. on Sunday defended what he acknowledged as a “morally troubling” decision by President Obamato extend tax rates for all Americans as part of wide-ranging interview on key national and international issues.
Mr. Biden said the president still thinks extending the George W. Bush-era rates for the country’s highest wage-earners, along with everyone else, is “morally troubling.” He said the president broke his 2008 campaign promise on the issue to help only the middle class.
“We couldn’t get it done,” he said in a pre-taped interview that aired Sunday on NBC’s “Meet the Press.” “We had to make a decision.”
Mr. Biden said the president will try over the next two years to have the rates revert to Clinton-era levels. The tax-cut extension was part of a deal with Republicans that also provides tax credits to businesses and extends jobless benefits to millions of Americans.
“This compromise was to help people who were drowning,” he said. “There are people out there who cannot afford a Christmas tree, much less gifts.”
