Posted on 11/29/2012 2:34:58 PM PST by yoe
White House press secretary Jay Carney said Thursday there will be no deficit deal unless Republicans agree to raise tax rates on the wealthiest households.
[snip]The president wants tax rates extended on all households below that threshold, but says rates above it should be phased out.
(Excerpt) Read more at thehill.com ...
More taxes + No cuts = MORE SPENDING INTO OBLIVION!!! CLOWARD & PIVEN; IRREVERSIBLE DEBT LEADING TO COLLAPSE IS THE GOAL.
f*ck him!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
“The wealthiest households” can more easily defer spending and shift income than the Obama administration can stop spending money on food stamps and Obamaphones. They won’t raise any significant amount of money doing this.
Obama, via “Executive Orders,” is well on his way to dictatorship.
Damn it, CALL THE A-HOLE’S BLUFF!!
I’d say sequestration is pretty much a guaranteed thing at this point. Maybe not the best way of handling the mess but it’s the only acceptable point. What the President might not want to admit in public....it was Harry Reid who drafted the whole sequestration text.
To get to the real three points here. First, you have a tax system (70k pages) that is corrupted and needs total reform. Neither party will touch the topic though.
Second...the game of running a government ‘candy-store’ only works if you have a booming or positive economy. We haven’t exactly been in positive numbers for a few years (we don’t manufacture that much anymore in our own country).
Third and final...the media’s attempt to explain everything is like asking a drunk to explain nuclear fusion. You eventually realize that you have to ask a ton of questions to figure out what the facts are, and then ration yourself to a few trusted sources.
In any compromise between good and evil, it is only evil that can profit.
-John Galt-
If and when Boehner caves, like he has for the last four years, thereafter pictures of him should show him wearing lipstick, and maybe a big gold earring.
Mayhaps Obama will be in more of a mind to cut a deal when he comes back in January from his seventeen day holiday vacation in Hawaii.
I’ve long wondered why it’s so dang important to Dems that the rich “pay their fair share,” “fair” being several orders of magnitude more than other classes, when we all know it’d barely dent the debt. Aside from how that’s just the way they talk and they don’t know any better, all I can come up with is that it’s a smokescreen for the fact that the largest class and the class whose votes everyone’s always wooing, the middle class, will inevitably end up paying for whatever we don’t default on.
I don’t mean the feds will raid their retirement funds, though probably they will. I mean most of it will be paid with the secret tax of inflation. So publicly going after Fat Cats makes it all the secreter.
At least sequestration actually cuts things. I can almost guarantee any compromise would be the usual tax hikes now cuts later, maybe.
FUBO
Republicans are so helpless.
Go on interviews everywhere and say whoa, these are the hated “Bush tax cuts” which Obama opposed. Can we now get an admission they are a good thing?
They are actually letting Obama take credit for wanting to extend these tax cuts. Absurd.
The FIRST thing to do {if they want re-election} would seem to be slash the Travel and Junketing budgets of ALL elected Federal Office holders.
ONLY “tourist class flights”; until a budget is in place.
Fine. No Deal
We jump off Obama’s cliff.
If what the politicians want is revenue growth, they need to cut taxes radically across all income levels and tax the people who aren't paying any income taxes.
Likewise, Congress can cut the money being spent on the Executive Office of the President (staff). By cutting the funds Congress could shut down or squeeze departments and agencies like EPA, Education,and even Obamacare itself.
Congress has the power to inflict great pain and embarrassment on a president that will not play ball. They can charge the president with dereliction of duty for not submitting a budget as required by law. The House can bring charges against the president. The Senate would have nothing to say (no vote) on bringing charges.
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