Yesterday during the President’s Q&A session with House Republicans Mike Pence asked President Obama why he won’t support across the board tax cuts like Reagan wanted. This has been a key issue for Republicans for decades and I am wondering why they never did it when they had total control of the government.
Think about it for a minute. During the Bush years, when Republicans controlled the House and Senate, Republicans never enacted such a widespread tax cut. Instead they only focused on the wealthy. They even went as far as securing these tax cuts through reconciliation, so they didn’t have to face a filibuster.
As matter of fact, under Obama we had had more widespread tax cuts than we ever did under Bush. 95% of working families saw tax cuts last year.
I think it’s just really interesting that Republicans only seem to want these tax cuts when Democrats are in control. Sounds like they are afraid that the cuts could lead to big fiscal problems and the Republicans don’t want to be the ones steering the ship when they occur.