Rendell Goes on TV to Give Vague Support of Obama Tax Cut Plan
Two years ago, former Bush officials celebrated the then-apparent victory of extending the former president’s tax cuts for the wealthy. “We knew that, politically, once you get it into law, it becomes almost impossible to remove it,” former Bush communications director told the Daily Beast. “That’s not a bad legacy. The fact that we were able to lay the trap does feel pretty good.”
And today, the trap is still serving its purpose, despite President Barack Obama running his 2008 campaign on getting out of it. Those tax cuts are still in place. Although, today the president is at it again: He introduced an idea today which would extend the cuts for those making less than $250 thousand, which of course negates the entire Republican point of the cuts in the first place (that those getting the cuts at the top would be more likely to become ‘job creators,’ or something.)
With that in mind, former Governor Ed Rendell was brought in to discuss the political implications of Obama’s move on CBS, where he called certain things “good politics.”
“If you’re making $251 thousand and you have three kids in college, that hardly qualifies you as rich these days,” he said, noting numbers-wise, destroying all the cuts would probably be the best move.
He went on, when asked about some east/west coast Democrats who want the extension cutoff at those making $1 million: “It’s always difficult to draw the line, but a million has a great sound to it.”
Maybe you’ve heard this: Rendell is now known as some sort of political strategy wiz. And in true Rendell form, he gave Republicans the soundbite they needed, especially when talking about attacks on Romney’s overall wealth. (Attacks of which have hardly come from the official Obama campaign.)
“I think people remember that FDR and JFK, they were wealthy people and did a lot to help working people,” he said before reiterating his support of the president. Watch it here: