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 ...
Boehner’s really coming out of the closet, isn’t he.
What a joke.
The joke’s on us...
Folded like a cheap suit. Empty too. as expected.
Boehner and McConnell have been in cahoots all along.
Boehner tou spineless little whimp, just adjourn the House and tell the Media you sent a Budget to Harry Reid already. Force the Senate to act accordingly.
No, the major unresolved questions has nothing to do with taxes. It involves spending cuts!!
Ed Morrissey at Hotair had this item, which indicates a few Republicans are ready to to the only honroable thing: vote only to extend the Bush Tax Rates, and nothng else. It makes the most sense..and forces Obama to have a huge fight with the debt celiing next year:
"Boehner’s really coming out of the closet, isn’t he."
Obama and the leftists must be laughing their tails off at how easy it is to get Boehnhead and his people to capitulate on everything.
I’m very curious as to what comment #2 was...
expecting the market to dump in 5..4..3..2..
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).
“&^% very much, B#ner.”
No. But it's much easier to go along to get along, especially when you don't give a hoot in hell about principle and instead want to hold on to your phoney-baloney job at all costs. This is why political parties die.
Tie an extension of the Bush rates to the AMT patch. If Zero doesn’t sign the patch he will be raising taxes on 28 million Americans this year (2012).
What a joke!!! If Boehner thinks the middle class is so stupid they don’t know their taxes are going up he’s insane. Everybody’s taxes are going up.
If you don’t believe it sit down with your 2011 tax return and take out all your deductions especially your mortgage deduction and your property tax deduction and then see how much more you would have paid.
The GOP would be better off to go over this stupid fake fiscal cliff and let Barry take the heat for it for a few months and then sit down to the bargaining table.
If you don’t like that idea then at least they should press ahead with the doomsday idea of just bringing the middle class tax cut extension up for a vote and let the Dems pass it with all the Pubbies voting present.
But never fear they won’t do any of the above. Look for Boehner to agree to pretty much whatever Obama wants. He’s the guy that thinks if he does what’s asked they will come for him last.
soetoro praises allah
WTF is up with you Rush?!?! Why don't you take the lead of your friend Mark Levin and go for Boner's jugular!
F-ing sad.
Honestly, I can’t think of one good reason why I remain a registered Republican.
They don’t run decent people in my state. They don’t run decent people at the top.
I’d be a lot better off registering in another party, and join with other former Republicans who had done the same thing, to vote against the worst of the worst Democrats.
Perhaps the lot of us could pressure that party to move back toward the center. We sure as hell can’t get our own party to.
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