-By Warner Todd Huston
Americans for Tax Reform has a must read piece on some of the provisions in the tax deal that Obama is trying to work out with Republicans. Many on the left are saying that the business extenders in the deal are pork, or are an earmark, or are even “costing the government.” Ryan Ellis explains why these claims are incorrect re the business extenders.
The first thing he mentions is that business extenders aren’t new to this tax deal and that they’ve been around for a long time. For the left and the Old Media to be focusing on them as if they are new policy is simply wrong.
In any case, whatever else is wrong with this idea — such as the pork that is being added every other hour at this point — the business extenders are not a detraction here.
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ATR: Why Business Extenders in the Tax Deal Aren’t Earmarks, TARP, Pork, Etc.”