As Suzi pointed out over the weekend, the Republicans have finally found tax cuts they don't like. They're currently fighting to raise payroll taxes on working Americans, a move that would go into effect in a matter of months. What's behind the Republicans' logic? That Obama's plan to extend (and deepen) the payroll tax cut is temporary. It's better to raise taxes on American families now, the Republicans argue, than to raise them in the future, when these cuts would most likely expire.
When Bush Jr. sold us on his two rounds of enormously irresponsible tax cuts, no Republican minded that those were temporary. Nobody was worried about what would happen 10 years out when these tax cuts would eventually expire. They promised that these cuts would bolster the economy and magically generate more revenue, thus paying for themselves. Likewise, last December, when Obama agreed to extend the Bush tax cuts for another two years, Republicans were more than happy to have these extended, if only for a short time.
The Republican party's reasoning is laughable. They argue that Obama's payroll tax cuts should be avoided because they would mean larger increases in the future. Can you imagine Dick Cheney or Denny Hastert back in 2003 saying that we should avoid further tax cuts because that would result in a larger tax increase in 2010 when they expired? Of course not.
The GOP's impending tax increase will take over $1000 from the typical American family, and hand it right to Washington's huge coffers. If Republicans were serious about helping the economy, they'd let the American people keep more of their earnings and let THEM decide how to spend it.