Bye Bye Hard Earned Money
During his private meeting with congressional Democrats and Republicans on Friday, President Obama ended a philosophical debate over tax policy with the simple declaration that his opinion prevailed because "I won."
The "I won" comment came after Rep. Eric Cantor, R-Va., said Republicans believed cutting income taxed would do more to stimulate economic growth than providing a $500 per person payroll tax refund for individuals earning less than $200,000. The president said, according to those present, that this was an important philosophical divide between Republican and Democrats and that it had already been settled -- and would remain settled -- because he won the election.
The "I won" comment came after Rep. Eric Cantor, R-Va., said Republicans believed cutting income taxed would do more to stimulate economic growth than providing a $500 per person payroll tax refund for individuals earning less than $200,000. The president said, according to those present, that this was an important philosophical divide between Republican and Democrats and that it had already been settled -- and would remain settled -- because he won the election.
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