Yep, Republicans are holding the tax rates of 98% of us hostage as leverage to stop an increase for the 2%. The Republicans could extend the tax cuts for the 98% right now if they wanted, there's plenty Democratic support for that.
fixed GOP should do this. Raising top rate will kill small business, but if GOP doesn't go along they will get blamed for the inevitable recession. There will never be spending cuts, ever, absent a constitutional amendment. They'll announce an agreement that cuts spending blah blah blah amount over 10 years (CBO scored!), and it will all be in out years and be entirely nonbinding (i.e. meaningless)
They should get blamed. They've sold away their governing power to Grover Norquist and they should be held accountable.
Not fixed. Republicans were decidedly against extending the payroll tax cuts unless that revenue was made up elsewhere. That simply hasn't been their stance with tax cuts for the wealthy. http://www.nytimes.com/2012/02/07/opinion/the-payroll-tax-fight.html http://firstread.nbcnews.com/_news/...es-gop-of-hypocrisy-in-payroll-tax-fight?lite
No, it really won't. No small business is going to stop growing because they have to pay an extra $0.03 per dollar of net profit over $250,000.
Actually, the sad spectacle of well-off morons decreasing their own income because of their inabilty to understand the concept of "margnal" is rearing its head again.
Well, the hysteria over the "fiscal cliff" causing a recession, is A complete contradiction with the constant claims that one of the greatest evils is government spending during the current big recession. Not even conservatives, except on Fox or in their own minds can square this contradiction. Now the GOP'ers like Senate Leader McConnell who made defeating Obama their main goal for four years could legitimately say we wanted to reduce governent spending even if for teachers and firemen because we wanted high uneployment in November 2012.
When it comes to government spending, your concern is the deficit but when it comes to taxes your concern is the economy. Why is that? There actually is a correlation between government spending and the economy whereas I'm sure you're aware of the report debunking the correlation between taxes and the economy which your buddies have worked overtime to quelch. It's things like this that undescore the Republican Party's dwindling credibility.
disagree <iframe width="560" height="315" src="http://www.youtube.com/embed/MgPggTlnoxM#t=1m05s" frameborder="0" allowfullscreen></iframe>
Weird. So you believe, if the US Government purchases a jet or contracts to build a road, that has zero effect on the US economy? Those things magically appear without creating any jobs?
It's interesting how Commodore has been sold that this is a "moral" issue when it's purely practical. The wealthy have convinced the wannabes that this is a "moral" issue because they know that, if the wannabes looked at this in practical terms, they'd understand that it's bad for them.
I think Commodore, if not a libertarian (hard to keep them ultraconsrvatives apart) accepts the silly libertarian meme of "taxation as theft" and theft is immoral doncha know?
Opportunity cost, what you are not producing/hiring by spending that money on a jet plane, which has zero economic utility. Growth only comes when you use resources (time/material/labor) to produce something of greater value. By your logic, I can smash a window and it's good for the economy because it creates a job for a glass maker. Or I can pay someone to dig a ditch. This is just shuffling money around, inefficiently. Nothing of greater value has been created. depends on level of taxation and what it's used for
How about the typical stuff that drives conservatives wild. You know government aid for the serious mentally ill and disabled; taxes for public school i.e "government schools" as you call them.
Except the money used to buy the jet or build the road is being borrowed from mostly international investors. If that money was not used by us, it would create jobs elsewhere in the world. The broken window theory doesn't work here.
The GOP won't budge on anything, because their Billionaire bosses won't let them. http://www.clickorlando.com/news/po...13308/-/format/rss_2.0/-/aigsr7z/-/index.html The only way to deal with Republicans is to vote them out of office, all of them, everywhere.
<object height="340" width="545" data="http://l3cdn.iqmediacorp.com.c.footprint.net/SWFs/iqmedia_player_resize_cdn_v1.1.swf" type="application/x-shockwave-flash" name="HYETA" id="HUY"><param value="http://l3cdn.iqmediacorp.com.c.footprint.net/SWFs/iqmedia_player_resize_cdn_v1.1.swf" name="movie"><param value="true" name="allowfullscreen"><param value="always" name="allowscriptaccess"><param value="high" name="quality"><param value="transparent" name="wmode"><param value="embedId=9285e641-e9aa-4174-ae5b-3321784383ac&autoPlayback=TRUE" name="flashvars"></object> GOP should pass separate bills, one extending tax rates for highest bracket, another extending tax rates for all the rest. Dems would love to go over the fiscal cliff, get their tax hikes and defense cuts and blame the GOP in the process for the inevitable recession. It will probably work.
