Tag Archives: taxes

Comparing the current tax cut compromise with Barack Obama's stimulus plan of 2009, MSNBC's Joe Scarborough labeled the tax cuts a “steaming pile of garbage” on his December 13 show. Complaining that the compromise will add another $900 billion to the deficit, Scarborough compared it to the stimulus plan that cost a similar amount in the name of “stimulating” the economy. “This is a disaster for conservatives,” Scarborough asserted, arguing that adding to the deficit is worse than stimulating the economy with tax cuts that aren't “paid for.” The weekend after the deficit commission proposed a way to cut $4 trillion in the next generation, Republican leaders met with President Obama and produced a compromise extending the Bush tax cuts for all income earners, along with other provisions that would ultimately add $1 trillion to the deficit. “It's another steaming pile of garbage,” co-host Mika Brzezinski spat. Scarborough agreed with her. “Man, I tell you, if I were a Democrat in the House, I'd vote against this in a second,” he remarked.