Clinton Echoes Call to Repeal Tax Cuts Now

Apparently, my op-ed in the San Francisco Chronicle was timely - today former President Bill Clinton publicly said Bush's tax cuts should be repealed. Granted, he is not a high-profile ELECTED Democrat, but he's pretty high-profile nonetheless. Let's hope the Democratic leadership in Congress starts to echo this and make it a central theme in the next weeks and months. Remember, as I noted in my piece, with record deficits and all the bills from Iraq and the Katrina rebuilding piling up, the Bush administration's tax cuts would give $336 billion to the wealthiest 1 percent of Americans over the next 5 years. That's money we are literally going to give away to those handful of Americans who make an average of $1 million a year or more. We can't afford it - and it's time for the Democratic Party as a whole make that truth part of its core message moving forward.

COMMENTS: Go to Sirota's Working Assets site to comment on this entry