Posted on 11/13/2010 7:18:11 PM PST by Born Conservative
Despite President Obama’s suggestion that he’s willing to compromise with Republicans to extend all the Bush tax cuts at least temporarily, not all Democrats are willing to follow him down that path.
Amid a liberal backlash against the president, Rep. Paul Kanjorski, D-Pa., told us on ABC’s “Top Line” today that there isn’t “any way in the world” he would agree to extending the tax cuts for upper-income American – even if it’s only done so temporarily.
“I would suspect most Democrats agreed with the president when he campaigned against allowing tax reductions for millionaires and billionaires -- took that very seriously. I certainly did,” Kanjorski said. “As a matter of fact, I can declare today that I can’t think of any way in the world that they would get me convinced to vote for the continuation of the tax cuts, whether it be temporary or permanent.”
Kanjorski lost his seat in last week’s election, after serving nearly 26 years in Congress. He said the setbacks for he and his fellow Democrats should be a message that it’s time for the Democratic Party to “stand firm on real principles.”
(Excerpt) Read more at blogs.abcnews.com ...
What principals?
Yeah, more education. That's the key.
“He said the setbacks for he and his fellow Democrats should be a message that it’s time for the Democratic Party to “stand firm on real principles.””
No Paul. Your a$$ belongs to us now. The investigations are only beginning. You maybe be spending the rest of your days in an 8 x 11 and an orange jumper.
Then maybe we can talk about a tax increase.
Deficits are a spending problem, not a revenue problem.
He’s a real sleaze. That might have had something to do with it.
The principles of higher taxation and bigger government? Kanjorski evidently didn't read the message accurately.
Well, Hauser’s Law graphed from the fifties, shows that taxes collected cannot exceed 19.5% of the GDP, ever, no matter how they are configured. All that can be done with taxes, is to vary the distrubution throughout taxed entities.
Whatever the real GDP is for 2010, taxes will not exceed 19.5% of the GDP.
With tax bases eroding for towns, cities, metropolises, counties, states and the Federal govt., with 2/3rds of US corporations paying no taxes at all, there is not much to be gained by pressing a turnip already pressed.
Outright confiscation in other countries and Kingdoms has been documented when taxes were not adequately forthcoming.
They have to go up because of all the crap jerk Obama shoved through. Stop spending our money you fool and quit
raising our taxes for your commie dreams.
Gee, you think if I use the Democrat’s plan of spending too much I can ask my boss for a raise because my cost of living is too high? This has been the Democrats’ plan all along, spend all the money then claim poverty as the need to raise taxes!
The “middle” class are the only ones who have ever really paid taxes.
With the systematic destruction of the “middle” class, everybody can wish in one hand and sh!+ in the other.
Nope. Spending has to come down.
ok, quick question,, would you rather receive 35% of a million, or 25% of a million and a half? This dillweed need to understand,, growing the economy would provide more money to the government than any tax increase *ever could*.
Amazing,,, whatever he could gain with even a HUGE tax increase would be utterly eclipsed by deregulating drilling, mining, logging, and slashing corporate tax rates to near zero.
Money and business would FLOOD into this country.
No you little twerp, taxes do not have to go up.
You can’t raise taxes on the rich.
Aside from the John Galt option, they can and will emigrate to Switzerland, Monaco, Singapore, or wherever else their wealth is more welcome. In the age of the internet that has become easier and easier to do.
And as for what’s left of the middle class, we are tapped out.
The government must cut spending drastically, and the sooner the better.
There is such a thing as political Darwinism, sounds like he hit it out of the park.
***Well, Hauser’s Law graphed from the fifties, shows that taxes collected cannot exceed 19.5% of the GDP,***
Maybe that is why the kings of Spain only wanted their “Royal Fifth”.
Where do we start?
They want to cut the defense and people scream. They want to cut SS and Medicare and people scream. Cut of unemployment benefits. It goes on.
All they have managed to do is cut the heart out of America.
Stop bailing out things “too big to fail”?
I could go for that.
Cut a couple of million bureaucrat jobs? Yes. But then WTH are those people gonna do?
I was the cabinetmaker/foreman/designer/production manager in a medium sized (for this area) cabinet shop.
Where was our bailout when the housing bubble burst?
Now I ain’t got a pot to pee in.
Too white, too middle aged, under experienced, over qualified. Or over experienced, under qualified.
Been trying to get some help with, yes, grant money, for retraining.
They treat me like a piece of ...
The dems keep using this "millionaires and billionaires" garbage, and yet the vast majority of people who earn more than $250,000 a year are not millionaires, and almost none of them are billionaires.
Beyond the class envy stupidity, there is also the semantic issue, which is not trivial. A millionaire is someone who has a net worth in excess of a million dollars. It is a description of his assets, not his annual earnings. Someone who has earned two hundred thousand a year for several years, may eventually become a millionaire. Someone who inherits a million dollars but only makes $25,000 a year, is, in fact, a millionaire.
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