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Did you think the GOP would let a tax cut expire?
Did you think that would violate the sacred Norquist tax pledge that virtually every Republican has signed in blood?
Surprise!
Even though Saint Norquist says that closing loopholes or letting Bush tax cuts expire is a no-no, guess what tax cut is the exception to the GOP mantra?
It's the payroll tax cut, set to expire next January. The GOP wants it to expire.
There's not even any attempt to hide the hypocrisy.
Did you think that would violate the sacred Norquist tax pledge that virtually every Republican has signed in blood?
Surprise!
Even though Saint Norquist says that closing loopholes or letting Bush tax cuts expire is a no-no, guess what tax cut is the exception to the GOP mantra?
It's the payroll tax cut, set to expire next January. The GOP wants it to expire.
The very same Republicans who have fought tooth-and-nail to keep George W. Bush's tax cuts for the wealthy from expiring are now in favor of doing away with a tax cut that will primarily hit wage-earners -- people who actually have to work for a living, people who are struggling to pay their mortgages and wincing every time they fill up their gas tank.
There's not even any attempt to hide the hypocrisy.
"It's always a net positive to let taxpayers keep more of what they earn," says Rep. Jeb Hensarling (R-TX), "but not all tax relief is created equal for the purposes of helping to get the economy moving again." The Texas lawmaker is on the House GOP leadership team.