Tax-cheat Timmy says it would, especially if we raise taxes on those big bad rich greedy small business owners that need to pony up and pay their fair share to keep big government going............./s
They lie!
No new income taxes, but increase (or add) tariffs on outsourcing and on nations with high tariffs on us. We have to stop being the sugar daddy to other nations.
If this is accurate, then it looks like the rat Usurper has thrown down. Will Boehner have the cojones to back up his words? McConnell?
McConnell meets with the kenyan tonight. It should take about thirty seconds, if he does what he says he will do.
Someone has to come up with that solution. There is general agreement that the next generation will not be as well off as their parents. This is a serious problem.
An economic system which produces an ever increasing lower class is unsustainable in a voting democracy. This isn't Syria where the haves can crush the have-nots with military force. It needs to be addressed now or face the voting consequences.
If taxes need to be selectively raised until this downward spiral is reversed, then that is an alternative. Those that see taxes as fixed in stone should come up with that 'big' help.
Obama is trying to negotiate a mass GOP defeat at the polls in 2012. I hope he fails.
If the GOP agree’s to this, they are over as a major party
The sole purpose for the rats pressing for tax increases is because the rats know that approval of any tax increases by the GOP would mean the death of the GOP. Period, end of discussion. All that’s left is to see if the GOP indeed commits suicide.
If the Rupublicans raise taxes $1 to pay off the bankers’ debts, which is what a tax increase would be, I will NEVER vote for them again under any circumstances.
It they want to go for political suicide, they can.
So the Dems jack up the debt by more than 4 trillion by tacking on several bills at nearly a trillion a pop. The subsequently get destroyed at the polls losing 70 seats in the house and 7 in the senate.
Now as part of the deal to up the debt ceiling that THEY was to increase because of their spending, we have to agree to THEIR tax increases. Seems like a pretty unlikely deal.
Raising taxes won’t raise any more revenue.
If we cut 600 Billion dollars—a sum that is not possible in this Congress and then raised the taxes by 600 Billion we would break even and still spend a trillion dollars more than we take in.
Dos that make sense to anyone here?
Obama farted and is pretending the fart sounded like “a significant deal with Republicans can be reached”.
Democrats are exuberant because they always believe Obama’s farts.
A “significant deal” courtesy of the spineless GOP..... =.=
Why is Chairman Zero meeting with senators when spending bills must originate in the House?
Either he’s an idiot, or the Weepin’ Of Mass Destruction has already caved.
Obama is carrying the same tired line as his operatives on TV.That ‘the wealthy’ are not taxed enough that the pubs favor the rich and that it is all still Bushes fault.
It was just announced that Obama is trying to pull in long term campaign donations because he knows his failure will remain. Yet he thinks the push granny off the cliff pubs and only democrats care for the poor; line of crap will work!
Those who don’t learn from history are condemned to repeat it.
In 1990 the GOP, led by President Bush 41 fell for a deal very similar to this. The Dems were able to sit back and watch Republicans beat the hell out of each other, then were able to send in Clinton to administer the electoral coup de grace.
The GOP leadership NEEDS to stop thinking they are statesmen and start acting like politicians. CONSERVATIVE politicians. They need to understand that, for this purpose, the Dems could care less about the economic impacts of raising taxes - they KNOW that if taxes are raised the GOP will lose a foundational issue and the GOP coalition will shatter. Which is the only way they get to stay in power.
This news would be refreshing for the markets.