In the recent fiasco over extending the payroll-tax
cut, the Tea-Party Republicans in the House of Representatives have shown their
true colors – and the Republican House leadership is beholden to them and
complicit in their travesty of a brinksmanship strategy. When in recent history
has it been that the Democratic Party has
put together a deal to extend a tax cut, with no offsetting spending increases
or expansions of federal authority, and a self-proclaimed small-government Tea-Party bloc has thwarted the extension? Well, it has happened now. It shows that the
Tea-Party members of the House care less about actually reducing the scope and
power of the federal government, and much more about opposing whatever the
Democrats claim to support.
While the brinksmanship may seem fun to some in the Tea Party, while they
delude themselves that they are standing on principle, this is no game. An increase of the payroll tax from 4.2% to 6.2%
will cost virtually everyone who makes an income, potentially with devastating
effects for families who struggle to make ends meet in an unprecedentedly harsh
job market in a ruin of an economy brought about by the bailed-out banks and
their political allies. Unlike the regular income tax, which does not apply to
the lowest marginal income range, the payroll tax affects virtually every
paycheck. Programs such as Social Security and Medicare, to which the payroll
tax is dedicated, are means of redistributing wealth from struggling young
workers and their families, toward the most affluent generation of senior citizens
in history. These programs are most culpable in driving the United States
further toward either a debt default or a hyperinflation intended to prevent
such a default. And the Tea-Party Republicans seem to be content in amplifying
this burden by blocking attempts to alleviate it by Barack Obama and 89% of the
Senate. Even those people – mostly
not known for their love of liberty – recognize how devastating an increase in
the payroll tax will be to millions of Americans, who struggle from paycheck to
paycheck because of the depredations of bailed-out financial and political
elites.
It is ironic that the House Tea Party made barely a
squeak about the indefinite-detention provisions aimed at American citizens in
the recently passed National Defense Authorization Act – but is resisting a
tax-cut extension to the point of likely killing it. Is it not the case that
tax cuts, the allowance for productive private citizens to keep more of their
money, are a core element of any reasonable limited-government platform?
The House Tea Party claims that it is simply holding
out for a full year’s extension and that two months are simply not enough.
These are ideologues without prudence; they know not what is good for their own
vision. A two-month extension grants time
– time in which to arrive at a longer extension, time in which to rally
public opinion and negotiate terms. Without that time, the extension will
simply collapse. The Senate leadership has stated that it will not negotiate,
that the House must accept the deal as it was overwhelmingly passed in the
Senate. The Tea Party in the House is hoping that the Senate will budge, but I
have this nagging suspicion that this is highly improbable. And we will be
stuck with the bill for this massive incompetence.
So what will they have? Two months, with a strong
chance of a year – or nothing? Because that is the choice. How they decide will
show whether they really care about increasing the scope of individual liberty,
or whether they are of the same cynical, manipulative, myopic political breed
that they claim to seek to replace. Merry Christmas, everyone. Your gift to
Congress may yet be 2% of your income.
The
Rational Argumentator