Something the Dog Said wrote: At the end of the day we lost seats in the House, we lost seats in the Senate, we couldn’t win the presidency, and the response is to purge conservatives,” Rep. Tim Huelskamp (R-KS) said Tuesday during a briefing at the conservative Heritage Foundation think tank in Washington.
“This is establishment thinking, circling the wagons around yes-men and punishing anyone that dares to take a stand for good public policy,” FreedomWorks president Matt Kibbe (whose group has its own internal issues this week) said in a statement.
The GOP does seem bent on keeping the old guard in power regardless of the consequences.
I expect a bill to pass this week that makes the tax cuts permanent for income under $250K. Then they'll duke it out over the rest. They should do it now, so people and businesses can plan holiday spending/revenue
Wily Fox aka Angela wrote: I expect a bill to pass this week that makes the tax cuts permanent for income under $250K. Then they'll duke it out over the rest. They should do it now, so people and businesses can plan holiday spending/revenue
And hopefully remove some of the uncertainty around tax-refunds that would be expected in February-April... A LOT of people do their Christmas shopping expecting to offset it with their refunds. If they don't think they're going to get them, that could have a huge impact on the economy during the shopping season...
PRESIDENT JOHN F. KENNEDY:"This can be the most important step we could take to prevent another recession. This is the right time to make tax cuts both for your family budget and the national budget. Resulting from a permanent basic reform and reduction in our rate structure, a creative tax cut creating more jobs and income and eventually more revenue.
It will include an across the board top to bottom cut in both corporate and personal income taxes.
The billions of dollars this bill will place in the hands of the consumer, and our businessmen, will have both immediate and permanent benefits to our economy. Every dollar released from taxation that is spent or invested will help create a new job and a new salary, and these new jobs and new salaries can create other jobs and other salaries."
Obama appears to want the fiscal cliff- everything he's doing points to that fact. In fact, all of these tax deductions expiring at the same time and tax hikes along with more regulations were not an accident, it was planned this way by the democrats before 2010. This is what they want. They also want to blame the Republicans when this happens- but in fact they have been planning this since 2008.
I'm also of the opinion that they keep pounding the tax hikes for our best producers knowing that the right will oppose them. Kennedy knew this when he said "Every dollar released from taxation that is spent or invested will help create a new job and a new salary, and these new jobs and new salaries can create other jobs and other salaries" - that includes dollars that rich people make.
Notice that the democrats are violently opposed to cutting government spending- at all costs! They want the government to keep growing while Americans keep getting poorer- this is also what they want. Money MUST be cut from spending if we are to make any progress at all that will help Americans. It's the single most important part of the equation.
It's the single most important part of the equation! The left refuses to do anything that will cut government spending.
I say let it happen they way the democrats have planned this to happen- I want to see what happens when everyone has to pay more in taxes. I predict a long term backlash against big government in the end, even if Obama manages to put the blame on Republicans in the short term. I think the public knows better- they know who the real taxers are- and in the end we will all be better off when America revolts against big government.
I'll have to pay many more thousands in taxes personally- but it'll be worth the final results. Of course I'll cut back on my spending - just as every other American will, and this will be reflected in less economic activity- just as Kennedy said.
Republicans should just do nothing- and let this tax wave sweep over the economy- and it'll be Obama and the left who pay in the end.
I think Obama is negotiating from a posistion of strength. America isn't willing to swallow their medicine and cut goverment spending. So it only makes sense for him to offer only cosmetic cuts.
Thomas Sowell: There are no solutions, just trade-offs.
I'm certainly hoping for it... Let the GOTP have their fingerprints all over it. They'll get ALL the blame, and the Dems will get what they wanted in the first place--permanent tax-breaks for the 98% making under $250K, and higher rates for the 2% making over that. And probably some much-needed reductions in the bloated defense budget. All the polls already say that the GOTP is going to get the blame for it.
Heisenberg wrote: I think the idea of Republicans just voting present (kinda like Obama did so often as Senator) is a great idea.
Here are the facts: According to reports by both The New York Times and the Associated Press, Obama voted "present" 129 times as a state senator. The AP reported that Obama said the votes represented a small portion — a little more than 3 percent — of the "roughly 4,000" votes he cast as a member of the state Senate.
The Illinois state Legislature allows members to vote "present" rather than "yes" or "no." The Times reported in December that "present" votes provide a way for lawmakers to voice opposition to an issue. Such votes can also help them avoid the political fall-out of voting "no".
The Associated Press (Sept. 4): It's true that Obama voted "present" dozens of times, among the thousands of votes he cast in an eight-year span in Springfield. Illinois lawmakers commonly vote that way on a variety of issues for technical, legal or strategic reasons. …Voting this way also can be a way to duck a difficult issue, although that's difficult to prove.
Yeah, but it's so much fun to toss off the snark over and over again...Kind of like the one about having a veto-proof majority for the first two years of his administration, when it was actually just a few weeks...
And hopefully remove some of the uncertainty around tax-refunds that would be expected in February-April... A LOT of people do their Christmas shopping expecting to offset it with their refunds. If they don't think they're going to get them, that could have a huge impact on the economy during the shopping season...
What does any of the current tax/fiscal cliff negotiations have to do with 2012 taxes or refunds in Feb-April 2013? Those are already determined by 2012 policy and income earned in 2012.
The amount of misinformation and misunderstanding of taxes and economics on these forums is staggering sometimes. Usually from the progressives who are "so much smarter" too.
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
