Friday, March 1, 2013

House Speaker attempts to tie capital gains tax cut with Medicaid expansion

Posted By on Fri, Mar 1, 2013 at 1:11 PM

Speaker Davy Carter: hunting for a deal?
  • Speaker Davy Carter: hunting for a deal?

House Speaker Davy Carter has been sending signals that he is likely to support Medicaid expansion under the new "private option" deal. But any time he talks expansion, he's sure to bring up his proposed capital gains tax cut.

Here's Carter to reporters earlier this week, interrupting himself talking about health care:

We're continuing to have dialogues about the capital gains tax measure in conjunction with [Medicaid expansion], and I think we'll start discussing that in more detail and more broadly as the days for forward. At the end of the day the job creators and the business men and women of this state are going to have to pay the tab for all of this, and we're going to talk about capital gains reductions in conjunction with what we do on health care.

This is the line we've heard from Carter all week. He asserts without evidence that the healthcare law will add to the national debt (I've joked that a sneaky reason for Republicans to support the new Arkansas "private option" is that it costs more, driving up the overall cost of Obamacare...campaign 2016!). And since "job creators" will be left holding the bill, we need to give them a break in the form of a capital gains tax cut.

"That's just part of the discussions," Carter said. "We start negotiating deals, negotiating these measures — there's a pretty clear parallel between the two. Job creators are going to have to pay the tab at the end of this deal. It's only appropriate to have that discussion."

The connection here is not, in fact, clear. Carter's thesis is basically that if the state expands a program that helps poor people, it's only fair to offer a tax cut to rich people. But however tenuous, he insists on the connection, which makes me zero in on that "negotiating deals" bit. I'll bet Carter would love to get Gov. Mike Beebe's support for his capital gains tax cut. Obviously Beebe is after Carter's support for Medicaid expansion. Is Carter proposing a trade?

Tags: , , , , ,

Favorite

Speaking of...

Comments (14)

Showing 1-14 of 14

Add a comment

 
Subscribe to this thread:
Showing 1-14 of 14

Add a comment

More by David Ramsey

Readers also liked…

  • The shame of Robert E. Lee/MLK Day in Arkansas

    This morning, I was a student ambassador for Philander Smith College and the Social Justice Institute at a House Committee that discussed Rep. Nate Bell’s proposal to divide a Robert E. Lee and Martin Luther King, Jr. holiday.
    • Feb 11, 2015
  • The Duggar clan provides big boost, unintentionally, for gay kids

    Still more good news for Lucie's Place, the small Little Rock nonprofit that works to help homeless LGBT youths. It's added a $10,000 grant to $30,000 raised in a symbolic response to the Duggar family's support for discrimination against gay people in Fayetteville.
    • Dec 18, 2014
  • If Jason Rapert didn't exist, we'd have to invent him

    Sen. Jason "Dr. Strangelove" Rapert defends his nuclear option for dealing with Middle East terrorism. Any criticism of him is only due to liberal misrepresentation, he says, not his own plain language.
    • Feb 16, 2015

Most Shared

  • Best of Arkansas 2016

    Readers elect their favorites.
  • These Hogs won't be thin

    This may be the strongest returning receiving corps that the Razorbacks have fielded in the post-Petrino days.
  • Trump-Putin 2016

    Among the thousand bizarre aspects of the presidential campaign has been the Donald Trump-Vladimir Putin axis.
  • Hillary hit jobs

    It's always been my conviction that if Hillary Clinton could be appointed president, she'd do a bang-up job. Getting elected, however, might prove more difficult.

Most Viewed

Most Recent Comments

Blogroll

 

© 2016 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation