It is like being a lttle bit pregnant. Once you agree that it is a matter of when not if the marginal tax rates for the "rich" can be increased, we are headed down a slippery slope.
The GOP has been saying that these increased rates will hurt small businesses and cost over 700,000 jobs. Do we really believe that or is it just meaningless rhetoric?
“The GOP has been saying that these increased rates will hurt small businesses and cost over 700,000 jobs. Do we really believe that or is it just meaningless rhetoric?”
You are right, but part of this is to make it to the “next day to fight again” and not let Lucy pull out the football again on Charlie in a stalemate that the other side believes doing nothing is a winning strategy (they get their tax increases and blame the Reps for all bad things).
Actually, I should have made the unemployment rate 6.5% in my proposal, but start the actual negotiation at 6%. Instead of making the tax increase “time-dependent” (expires after so many months) we make it “performance dependent”. i.e. tie it to jobs, after all that is what we are trying to create here. Even Obozo said that when things are bad, we don’t raise taxes. Of course he doesn’t believe what he says, because somebody just writes for him.
BTW there is a good chance that Harry Reid would not even allow it to come up for a vote.
Other advantage, is that it should help stop the perpetuation of the term “Bush tax cuts”.
It moves the focus / link back to jobs and what raising taxes on anyone in a bad economy will do. Average low information person thinks despite Obozo being re-elected, we don’t have jobs.