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Reply #8: Like most other Democrats Coons is only in favor of extending the middle class tax cuts [View All]

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EarlG ADMIN Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-17-10 12:39 PM
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8. Like most other Democrats Coons is only in favor of extending the middle class tax cuts
Not the cuts for the top 2%.

But the issues he brings up next to this fiscal conservatism aren't precisely the kinds that you see among some national figures. He has spoken out in favor of cutting outdated military weapons systems and bloated Big Ag subsidies. He opposes the idea of cutting entitlement benefits in programs like Social Security, saying that raising the retirement age or cutting benefits "are not choices I'm inclined to make." And unlike some deficit peacocks, he's perfectly consistent. For example, on the Bush tax cuts, he supports the "extension of middle-class tax relief," but not for the people at the top 2%. And the savings for letting those expire need to go into more stimulus:

"I think you can take the $700 billion dollars we were going to give to rich people, and use it for targeted job creation. I believe in a double-down manufacturing tax credit to team with the R&D tax credit, so that you get twice the tax break if you manufacture the good you created here in America. But we have to lessen the burden on our middle-class families."

http://news.firedoglake.com/2010/09/22/chris-coons-talks-on-trade-taxes-manufacturing-stimulus

Just thought I should point that out.
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