GOP’s Top Tax Guy: Republicans Will Block Permanent Middle-Class Tax Cuts
Republicans to block middle class tax-cuts unless congress extends tax cuts for the rich.
The Republicans’ top tax guy in the House threatened in the clearest possible terms today that he and the rest of the GOP would vote to block any tax cut for the middle class during the lame duck session unless tax cuts for the wealthy are extended for the same period of time.
In a policy speech at the business-friendly Tax Council today, incoming Ways and Means Committee chairman David Camp called the Democratic plan for tax cuts — a permanent tax cut extension for all income up to $200,000, and a temporary extension for income above that level — “a terrible idea and a total nonstarter.”
“We would be foolish to fall for it,” Camp said.