Posted on 07/16/2012 2:04:18 AM PDT by sunmars
Democrats are making increasingly explicit threats about their willingness to let nearly $600 billion worth of tax hikes and spending cuts take effect in January unless Republicans drop their opposition to higher taxes for the nation’s wealthiest households.
Emboldened by signs that GOP resistance to new taxes may be weakening, senior Democrats say they are prepared to weather a fiscal event that could plunge the nation back into recession if the new year arrives without an acceptable compromise.
In a speech Monday, Sen. Patty Murray (Wash.), the Senate’s No. 4 Democrat and the leader of the caucus’s campaign arm, plans to make the clearest case yet for going over what some have called the “fiscal cliff.”
“If we can’t get a good deal, a balanced deal that calls on the wealthy to pay their fair share, then I will absolutely continue this debate into 2013,” Murray plans to say, according to excerpts of the speech provided to The Washington Post.
If the tax cuts from the George W. Bush era expire and taxes go up for everyone, the debate will be reset, Murray is expected to say. “Every proposal will be a tax-cut proposal,” according to the excerpts, and Republicans would no longer be “boxed in” by their pledge not to raise taxes.
“If middle-class families start seeing more money coming out of their paychecks next year, are Republicans really going to stand up and fight for new tax cuts for the rich? Are they going to continue opposing the Democrats’ middle-class tax cut once the slate has been wiped clean? I think they know this would be an untenable political position.”
Murray’s address, set to be delivered at the Brookings Institution, is meant to influence both the Nov. 6 election and the lame-duck legislative session in November and December
(Excerpt) Read more at washingtonpost.com ...
Guess what, part of the regulations you’re talking about driving up the cost is that every state is not a right to work state.
Everything from the raw material to end product is done by union labor, and the regulations will not allow you to change that.
Wrong. The Dem goal is communism.
They started with liberalism, they are presently on socialism, but the goal is communism.
The conductor knew the bridge was out, and polled the passengers about putting on the brakes. The passengers let him know that if he put on the brakes, it would make them uncomfortable, and they would vote him out of his conductor job,
so he is just letting it go.
I guess it is time to pick on the 47 percent that pay no income taxes.
Strike a deal, everyone pays, then maybe we can consider the issue of fair share. NOT! Fair as a conversation piece went out for most of us when we were sixteen years old.
LOL! Lot of truth to that.
That’s the problem with conservatives - we’re stuck having to prove a negative.
The left had a long-range plan to get us to this point - all the while playing to the baser instincts - envy, covetousness, sloth, etc.
We need a similar plan than plays to virtue - and rewards it.
(I know we already have one, but we need to “advertise” it more, and counter the claims of our adversaries)
Am I misunderstanding something or, are they threatening to raise taxes if the pubs don’t raise taxes?
Approximately 117 percent.
It's gonna to happen whoever's in charge...
It's gonna to happen whoever's in charge...
Exactly, CALL THEIR BLUFF !!
“Well, I’ve got nothing better to do. Lets go see him together.”
If the ‘Pubbies sign on to this, they had the Democrats a pallet of ammo. Close down the government first.
They had their opportunity in 2010 when they still controlled the House and Senate and the rates were set to expire. Sorry, missy, but these are the Bush-Obama tax rates.
Their @#&% demagogic plan will do NOTHING to get people working again.
Getting people back to work will increase revenues far better than raising rates on some arbitrary 'class' of tax payer.
What's the matter with these damnable people?
Wacky Patty couldn't find a thought if her life depended on it...
Eliminate those U.S.Departments of the Federal Government not explicitly described as powers granted to the Feds in the U.S.Constitution
bump, nudge, shove. Wouldn’t necessarily help the unemployment figures, but sure would cut some spending.
In a sane country, people like this would be in insane asylums.
It’s a WaPo Concern Troll by one of their 3rd-stringers (Lori Montgomery).
Sounds like a win-win proposition to me. To them, the fiscal cliff is to NOT raise taxes.
No, the correct answer is:
The top 2% are already paying over 50% of all federal individual income taxes. How much more is their "fair share"?
An AGI of 200K single/250K married puts you right at the 98th percentile, or the top 2%. They actually paid 50.92% in 2009. It was as high as 53.75% in 2007.
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