Totally chickening out on taxes:
Democrats abandoned plans to vote before Election Day on extending Bush-era tax cuts for the middle class while eliminating them for better-off Americans, spooked by protests from vulnerable incumbents and bleak prospects for passage.
With time running out to plan for 2011, the delay raises uncertainty for small businesses and individual taxpayers over their future liabilities. It also sets up a titanic battle over taxes after the election…
They are simply afraid to move – afraid to extend all or part, so they just run away from it and hope to salvage enough to be able to so something after November 2nd. This is all the proof anyone needs that the Democrats not only are in deep trouble, but know it.
This is a Ruling Class at its wits end – going to be a fun few weeks coming up, boys and girls.
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