ONCE AGAIN OBAMA AND LIBERAL DEMOCRATS HURT WE THE PEOPLE! REPUBLICANS ARE RIGHT ILLEGALS SHOULD NOT GET TAX CREDITS…PERIOD!!!!! Immigration politics and Democratic infighting came together to doom the $400 billion deal even before it had made it into print. The brinksmanship threatens to disrupt the lives of millions of taxpayers who rely on the mishmash of expired provisions the plan was trying to revive. The collapse highlights the fragile coalitions in Congress, where even leaders of opposition parties agreeing to a deal can’t bring it home. It also shows the newly found boldness of President Barack Obama in the aftermath of the midterm elections, where the looming takeover by Republicans has him tilting back toward the liberal base. Interviews with the key players showed that the two tax-writing panels in the Senate and House had for weeks been making solid progress toward a final tax package that looked like it would include the breaks for low- and middle-income people sought by the president. But the deal fell apart just as it seemed to be coming together. The immigration executive order soured the GOP on the tax cuts for the working poor and middle class sought by Democrats. Republicans worried undocumented immigrants targeted by the order would begin claiming the credits in droves. They found a friend in Senate Majority Leader Harry Reid, who reluctantly agreed to drop his party’s demands to extend expiring parts of the earned income tax credit (EITC) and its companion, the child tax credit.
Posted on: Sat, 29 Nov 2014 13:00:00 +0000
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