Debt ceiling debate turns to yacht class

Politico ^ | 6 Jul 2011 | SCOTT WONG

[Buckeye McFrog]

The last time we slapped a tax on yachts it just sent the wealthy shopping overseas to buy them, and sent the skilled American craftsmen who made yachts on to the unemployment line.

[Terry Mross]

Here is an opportunity for the republicans to say “Americans don’t like millionaires LIKE NANCY PELOSI AND HARRY REID!”

[Terry Mross]

Every repblican should vote with the dems on this. It’ll never pass the house who why worry?

[Jim Scott]

The canard about the Democrats being for the ‘little guy’ - now transformed into ‘the middle class’ - and Republicans being the party of ‘the rich’ is ancient but, sadly, still resonates with many Americans. That’s why the Democrats keep playing class warfare. It’s stupid and ultimately counter-productive but sadly, the average American buys into it every time. I don’t see this being an exception. The House Republicans will cave. Taxes will rise along with the debt ceiling. Oh, and we’ll get a few measly spending cuts that won’t mean squat. The D.C. game of screw the taxpayer continues, unabated.

[nascarnation]

I can totally understand why the MSM doesn’t use the phrase “Recovery for Wall $treet but not Main Street” during the Obama Era.

What I can’t understand is why Republicans aren’t using it.

[Nick Danger]

Harry Reid announced a vote on a resolution written as a lose-lose for Republicans... calling on millionaires to pay more taxes, a maneuver that will let Democrats tell voters to look whose side Republicans are on

What's difficult about this vote? Everybody vote 'yes'. I can guarantee this measure will not come up in the House. End of Reid's little stunt.

[silverleaf]

Gee, most of obama cronies from the weather underground (like Ayers and Dohrn) would have had to work for a living if their revolutionary lifestyle wasn't supported by trust money.

Ever heard of the radical publisher/pundit Katrina Vanden Heuvel? Classic trust fund revolutionary, excoriating capitalism from a nest of privilege feathered by her capitalist grandfather. These true parasites living off tax-sheltered money earned by their forbears permeate the obama administration and progressive liberal think tanks.

I think a fair number of our ambitious Congresscritters (John Kerry comes to mind, also Pelosi) married spouses from families whose inherited sheltered wealth helps support their hobby of ruling the little people on a “tax the rich” platform.

[silverleaf]

“President Barack Obama has been the driving force, repeatedly laying out the case that corporations and wealthy Americans should contribute more as part of a debt ceiling agreement”.

Contribute more? Like the $76,000 per couple dinner fee to mingle with Barry last week?

[familyop]

Robbery by way of tax hikes isn’t the answer, and the consequence will be a further righteous strangling of revenues.

[tlb]

>>> I wonder where "Vietnam John" will stash his yacht now?

(Crocodile Dundee voice): That's not a yacht, now this is a yacht.