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Why does Bill Clinton say to extend the Bush Tax Cuts?

jt 2012/06/06 03:53:40
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  • ruthannhausman 2012/06/13 14:05:22
    Undecided
    ruthannhausman
    If it were anyone other than Clinton, I'd say he says it because it's the fiscally sound thing to do. But we're talking about Bill Clinton, Democrat.

    As an accomplished politician, Bill Clinton knows how to appease both sides. He knows Obama is in big trouble for this upcoming election process and so he intimates extension of tax cuts until after the election. The alluded-to meaning being that we can address raising taxes after Obama gets put back into office for another four years. On the other hand, coming out with a statement that he recommends extension of tax cuts places the anti-tax folks into the false sense of security that he means what he says.

    I personally think Clinton made his comments strictly for the purpose of appearing centrist and falsely assuring conservatives that he's against all the spending and taxing. They didn't name him Slick Willy for nothing, you know.
  • Posha King 2012/06/07 20:12:07
    It's the right thing to do...
    Posha King
    +1
    I'm a small business owner and have seen first hand how the tax cuts have saved us operating capital allowing us to buy more, hire another person and even show a profit one year. These are designed to keep money in consumers' hands so they will buy more, thus increasing demand and thereby increasing production to meet the demand. This causes hiring and the cycle repeats with more workers in the economy and each of them having more cash in their paychecks to spend on food, entertainment, clothes, etc. It works.
  • Quazimoto 2012/06/07 19:41:28
    It's the right thing to do...
    Quazimoto
    +1
    economics 101.
  • bettyboop 2012/06/07 02:27:42
    It's the right thing to do...
    bettyboop
    +1
    We ain't yet recovered from the last butt f-cking!
  • caius madison 2012/06/06 21:27:54
    It's the right thing to do...
    caius madison
    +1
    Raising taxes has never solved our deficit. He is aware of this.
  • Ron in Oregon 2012/06/06 21:21:50
    It's the right thing to do...
    Ron in Oregon
    +1
    He is stabbing Obama in the back of the neck.....partial birth abortion.
  • none 2012/06/06 19:42:32
    It's the right thing to do...
    none
    +1
    Because Bill's smart enough to know that raising taxes will NOT improve the economy.
  • CMackley ~POTL~PWCM~JLA 2012/06/06 19:09:31 (edited)
    It's the right thing to do...
    CMackley ~POTL~PWCM~JLA
    +2
    Because when he isn't smoking a sticky cigar, he has the common sense to know that lower taxes actually raises revenue by promoting increased private spending and hiring.
  • Kiosk Kid 2012/06/06 17:41:25
    It's the right thing to do...
    Kiosk Kid
    +1
    Bill Clinton cut taxes in 1997. It worked for him. Capital and jobs flee taxes.

    One of Obama's problems is he says he wants to cut taxes for small businesses but he says he doesn't want to extend the Bush tax cut. That sends a mix message to small businesses. Does he want to cut or raise taxes on them?
  • Racefish 2012/06/06 17:29:14
    Bill is ignorant...
    Racefish
    +1
    He's just another of those extreme right wing rich greedy pigs not wanting to pay his fair share......................say what?........................OH? He's a Liberal Democrat? Whoda thought!
  • Jaroslav Dantes 2012/06/06 16:10:51
    Undecided
    Jaroslav Dantes
    +1
    Hmm, it will probably advice from Vaclav Havel.
  • Mike 2012/06/06 15:41:10
    Undecided
    Mike
    +1
    He knows Obummer is a buffoon but won't admit it
  • All American 2012/06/06 15:40:08
    It's the right thing to do...
    All American
    +3
    He may be a democrat, but he's practical, unlike the current White House occupant.
  • ~Adrien~ 2012/06/06 12:40:53
    It's the right thing to do...
    ~Adrien~
    +2
    I agree, Bill knows at least that much is still good for this country.
  • Torchmanner ~PWCM~JLA 2012/06/06 11:42:31
    It's the right thing to do...
    Torchmanner ~PWCM~JLA
    +2
    He has a little bit of common sense.
  • stevmackey 2012/06/06 11:03:11
    It's the right thing to do...
    stevmackey
    +5
    Because he is a shrewd politician that can see the writing on the wall for his party.
  • rootbeer29 2012/06/06 06:44:22
    It's the right thing to do...
    rootbeer29
    +1
    Bill is no dummy!
  • Charles R. Anderson 2012/06/06 06:43:16
    It's the right thing to do...
    Charles R. Anderson
    +6
    Because despite being a Democrat, Bill is not a total idiot.
  • JesusIsMyGod 2012/06/06 05:49:53
    Bill is ignorant...
    JesusIsMyGod
    +1
    He has issues. I do not support the Bush tax cuts. Everyone needs to pay there fair share. I support a flat tax.
  • Racefish JesusIs... 2012/06/06 17:31:05
    Racefish
    +1
    So why not have a flat tax where the rich would "ACTUALLY" be paying more instead of hiding behind IRS regs? Do the math.
  • Obama Failed Soda Head Chie... 2012/06/06 04:56:55
    Undecided
    Obama Failed Soda Head Chief Opi
    +2
    It's all double's talk
  • Cyan9 Obama F... 2012/06/06 05:35:53
    Cyan9
    +2
    You're actually correct for once. If you listen to Bill's full statement he says it doesn't really matter if we renew the cuts for a couple of months but we should repeal them when it becomes possible. This is really just cutting his sentence half way off.
  • Kane Fernau 2012/06/06 04:16:26
    It's the right thing to do...
    Kane Fernau
    +3
    Even a broken clock is right twice a day.
  • Schläue~© Kane Fe... 2012/06/06 05:11:26
  • john Kills 2012/06/06 04:02:35
    It's the right thing to do...
    john Kills
    +3
    But that's not why he's saying it. He knows that barry already has enough problems facing him in this election.
  • abubincrazy 2012/06/06 04:00:17 (edited)
    It's the right thing to do...
    abubincrazy
    +6
    Raising taxes will take more money from the people.

    And further depress this Obama-depressed economy.

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