Posted on 12/05/2012 9:32:33 AM PST by Qbert
Taxes on the wealthy are going up, House Speaker John Boehner conceded on Wednesday in challenging President Barack Obama to sit down with him to hammer out a deal for avoiding the fiscal cliff.
The statement to reporters reflected how negotiations on reducing the nation's chronic federal deficits and debt have evolved since Obama's re-election last month.
Republicans once opposed to any new revenue in their quest to shrink government now realize Obama's victory and public support for the president's campaign theme of higher taxes on the wealthy leave them with little negotiating leverage.
Less than four weeks from the automatic tax increases and spending cuts of the fiscal cliff, GOP leaders face a choice: Agree to Obama's demand to hold down tax rates on most Americans while allowing higher rates on the wealthiest 2 percent, or be blamed for everyone's taxes going up in 2013.
The major unresolved question of negotiations involving the White House and congressional leaders is whether eliminating tax deductions and loopholes -- as proposed by House Republicans -- can raise enough revenue without hitting middle class Americans too hard.
(Excerpt) Read more at msnbc.msn.com ...
Bohener “challenges” Obama to come to the table and tell him what to do.
So Zero can blame the GOP when it fails to raise revenue. We are doomed.
The “rich” already DO pay more taxes. A LOT more, in fact.
This rhetorical tool to paint a pretty face on the family mutt is pure, unadulterated bull sh*t straight out of the pages of Das Kapital.
Marxism has always been the favored poison of the American masses, as long as it’s tafted up with phrases like “fair share” and other such Leftist catch phrases.
Meanwhile, congress eats up the public weal like a hog at the trough, and NO ONE, EVER mentions cutting expenses or clearing away the sort of red tape regulation that keeps business from generating income.
It’s a power game, and government holds all the aces.
"As the article states, the Administration has said that the House should go ahead and pass the Senate’s proposal, and then AFTER THAT, they will consider reducing spending. Oh please, please, please tell me that Boehner is not considering that, too. The Dems would get what they wanted in tax hikes on the so-called “rich,” and then go home for Christmas break (with the spending cuts never to be heard about again).
Yep. You can just see where that would go: Obama would urge House Republicans next year to pass their own bill of spending and Medicare cuts, etc.... and then Harry Reid would back out of his side of the deal, and prevent the bill from ever being voted on in the Senate. And then Dems would use the GOP's "austerity" bill to run endless ads against them in the midterms...
,,,,, in other words Mr. Bonerhead ,,, the rich will pass their tax increase along to the middle class as has been the case every time they have had a tax increase . As Leona Helmsley once said “ rich people don’t pay taxes “ .
This is no secret to anyone on congress .
Spineless GOP-E creep.
These negotiations are all boob bait for bubba. The GOPe wants to raise taxes, they buy their votes just like the left does.
Caught Levin a bit last night - he was eviscerating Bonehead.
The rinos have won the republican party let them have it and destroy themselves!
I'm with you, and John Boehner is my Congressman. I'm done with the Republican party. And when I say done, I mean done.
‘Two wings of the same bird of prey...’
IMO, voting to extend the tax cuts for everyone but those over $250K is the worst thing the pubs can do. I say this realizing full well it means I will pay more taxes.
Instead, I’d let the all the tax cuts expire so everyone has skin in the game and I’d hang the SOB out in the breeze on the debt ceiling. Obama will give. He can’t afford to shut off the freebies
The truth is that the repugnant leadership wants higher taxes and bigger government... and I am tired of voting for and supporting progressives in the progressive republican party.
LLS
what is the point to voting ‘present’ rather than ‘aye’?
They will have their @$$es handed to them in 14' none of my time or money for sure....
We cannot allow these a-holes to fool us into believing they're just shmucks being gamed any longer. They are complicit.
More layoffs, less jobs, more welfare recipients for food stamps and free Obamaphones. And they’ll vote Democratic even tho Obama’s policies took away their jobs. Because he gives them free Obamaphones and all the rest so they think he “cares” about them.
Heh-heh. Just wait and see what will constitute “rich” in a couple of years. LOL!
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