[ding_dong_daddy_from_dumas]

The tax increases are automatic. Republicans don't have to help O raise any taxes because of this. Extend the tax cuts to $250K.

The GOP, which keeps losing these budget battles so far, could take a lesson from martial arts: Use the opponent's force against him. This kind of thing happens in politics all the time. One side wins an election, the other side uses that against them.

Of course, in a real martial arts match, the media does not take sides. This is certainly worth a try, although it seems to me that in 2012 voters really ignored the damage O had done to the economy.

While extending them to $500K instead sounds tempting there is a better chance that the economy slows at Obama's demand $250K, and he owns the tax increase over that because that was his major promise.

We may discover that there are also important business owners whose income is greater that $1M, and who would be at a disadvantage even if the bush tax rates were extended for up to that number. Many of them may hold on to their money or move offshore when the rates go up.

But do enough US voters really want a job now? I wonder if it's going to take a serious economic crash to get rid of the Dems now. Obama's tax hike, even the 250K version, might not cause that soon.

[ding_dong_daddy_from_dumas]

[sickoflibs]

RE :”We may discover that there are also important business owners whose income is greater that $1M, and who would be at a disadvantage even if the bush tax rates were extended for up to that number”

Why would that be? You mean those earning $2M? (so they pay higher taxes on half of it?)

Do they file for the $2M after deductions and business deductions?

RE :" But do enough US voters really want a job now? I wonder if it's going to take a serious economic crash to get rid of the Dems now. Obama's tax hike, even the 250K version, might not cause that soon.

Especially if O can mandate what spending the Houses passes to prop up the economy. Right now they demand unlimited debt limit, no filibuster and more stimulus spending, but to votersO says he just wants 'tax increases on the rich. This will be ugly.

I think thiis is what the Rush's, Hannity's and Norquists are terrified of and why they urge Republicans to self destruct over this middle class tax cut/upper tax automatic increases. What if when those rates go up the economy still appears (to voters) to improve as it did in the 1990s? (of course its not the 90s)