If they go “over the Cliff” then up to 60 million taxpayers will be subject to the AMT. Do you think the republicans will let that happen?
AMT is brutal.
You think Obama and the dems want to let that happen?
Boehner should do nothing and wand just wait. Around Dec 30 Obama will come to him with his hat in his hand. He’ll fold just like he did in Dec 2010 and like he was about to do in the Debt Ceiling in 2011(as Woodward’s book recounted Obama was ready to completely fold his cards in August of 2011) before the GOP caved first for some unknown reason.
Obama needs this way more than Boehner does. The cliff could end Obama’s 2nd term before it even starts. The GOP needs to hold out and demand a very high price. They’ll get pretty much whatever they want in the end.
He should be like Michael in Godfther II “You can have my offer now if you’d like, Mr President. My offer is this, nothing.”