Senator Mary Landrieu (D-LA) went on a tangent yesterday after Barack Obama announced he would extend the current tax rates. The true democrat told reporters that the agreement between Obama and Republican leaders to keep the current tax rates was “almost morally corrupt.”
Landreiu believes it is “almost morally corrupt” for wealthy Americans to keep their money.
The Huffington Post reported:
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“It’s what I’m calling the Obama-McConnell plan. We’re going to borrow $46 billion from the poor, from the middle class, from businesses of all sizes basically to give a tax cut to families in America today, that despite the recession, are making over a million dollars. I mean, this is unprecedented. Unprecedented. I want to repeat that,” she said. Landrieu added, however, that she had yet to make a decision on the final package.
Her argument doesn’t even make sense. How does extending a tax cut “borrow” money from the poor and middle class?… And if a tax rate is already in place, how is it “unprecedented” to allow it to continue?
More… Reboot Congress added:
Don Boudreaux of Cafe Hayek takes Sen. Mary Landrieu (D-LA) to the woodshed: “how difficult can it be to cut $46 billion in spending from a $3.8 trillion budget? Is it really so difficult, so cruel, so illiberal to reduce federal-government spending by 1.2 percent?”