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well...I figured we are about to pay about $5,000-$6,000 more in taxes next year, plus we'll probably take about an $8,000 hit in investments over the next few months. As a middle class family who works hard to save and increase our monthly discretionary income, F.U. democrats and republicans both. Go F yourselves. Sticking it to everyone in the middle of clawing back out of a recession. Thanks.
First thing cut should be all the numbnuts in Congress as well as the President. They should all be re-called and replaced if they cant figure this out.
cliffs? cannot watch on work computer - if interesting will watch later tonight
The majority of our tax money goes to pay for war or organizations that support war.
This post was edited by devidee 16 months ago
Why do we continually elect inept people? Says something about us if we keep letting them make us worse and worse as a nation (IMO):
We elect people that we can "relate" with
Steve Spurrier is a God, and Mark Richt worships him
News flash, folks: these people are responsible if we go over the fiscal cliff.
Speaker John A. Boehner abruptly halted efforts to pass fallback legislation to prevent a fiscal crisis after conservative Republicans refused to allow taxes to rise even on the most affluent.
Way to make it partisan....
as a lifelong conservative, I am disappointed in replublicans big time. Boehner to me did well in a very, very tough position, and he just got his ass thrown under the bus.
However, democrats are to blame also. They are sitting back and doing nothing allowing this to happen for their political gain. Obama ran on working both sides, spending/entitlement reform and revenue, and yet he will not identify any significant plans on entitlement reform. He was so unmoving that Boehner virtually had to do all the work himself, and now he is the one getting crucified when he appears to be the only person actually TRYING to get something done.
But we need to be "safe"
Who cares that we face no real military threat and that the threats can be avoided by smarter security systems.
Are you kidding me? Democrats doing nothing? Have you seen the most recent proposals from the Obama administration?
If Democrats were sitting back and doing nothing, Boehner's "Plan B" would never have been an option. Obama has given up a payroll tax holiday extension, acceded to many of Boehner's revenue demands, agreed to cuts in aid programs (FFS, a Democrat agreed to cut Social Security benefits - do you know how unpopular that is?), and even opened up to the idea of extending the Bush tax cuts for earned income under $1,000,000/year, as opposed to only $250,000/year.
Dan Burton (R-Ind.) has it right. The Republican Party has already won a victory by seeing Obama change his demands at all. If we go over the fiscal cliff, this deal goes out the window and Obama has the entire tide of public opinion on his side. He also has the best bully pulpit in the nation, the State of the Union address, in which to further argue his points. This is the time to make a deal, but the extremist wing of the Republican party won't allow that to happen.
WASHINGTON -- If a fiscal cliff deal isnd accept the $250,000 limit today.
actually we are not too far in disagreement. That is actually what I meant when I said that Obama and them are sitting back and letting it happen for their political gain - - meaning exactly what that article and you are saying, he isn't too interested in compromising right now so he can get in that stronger position next year. hopefully taking that strategy doesn't damage the markets too bad because people freak out. I know eventually they will make the cuts retroactive at whatever level they agree to.
I thought Obama drew the line at $400,000, not $1MM....(like any of those numbers mean jackchit to me!)
He started at $250,000, moved to $400,000 and signaled willingness to move a little bit higher, to $700-800k.
$1M/year is so, so, SO high that it's infuriating. We're not talking about millionaires, we're talking about people who could blow all the money they've ever saved in Vegas and then become millionaires again in 365 days. It's not the wealthiest 1%. It's the wealthiest 0.19%. And we're only going back to the tax rates of the Clinton era!
Republicans control the house and this bill has to start in the house. The biggest problem is that the moderate wing of the Republican party has been almost wiped out. The ultra-conservatives refused to raise rates on the wealthiest 0.19%. And that was the REPUBLICAN plan, not a compromise.
I think as you pointed out, and so did the article, that Obama doesn't have too much motivation to compromise too much prior to end of the year. I am more frustrated with the republican side though, as I said earlier.
$1MM in taxable income annually, agreed, is pretty dang rich....more than most multi-millionaires.
This post was edited by cockengr 16 months ago
One side has made concessions while the other side has not.
Take and educated guess on who is who.
This is why, if Boehner wants to get anything done, he'll get a coalition of 50 or so of the most moderate Republicans together and pass a modified plan that's simply an agreement between the Democrats and the moderate Republicans. If "Plan B" couldn't even get approved, Boehner will never get unanimous support for any plan even remotely within striking distance of a possible agreement.
Of course, this would also be political suicide, so it's never going to happen.
The thing is though, Obama has made multiple concessions to get closer to a deal. This is not a situation where Obama put one offer on the table and then said "take it or leave it."
What we're seeing is a situation similar to the last debt ceiling negotiations. Certain elements of the Republican party have latched onto something that they can hold hostage in return for more concessions. Last time, it was the U.S. credit rating, which Republicans held hostage (despite the damage it would do to the country) in order to force excessive concessions. The same thing is happening here. The extension of tax cuts for the middle class is being held hostage in return for excessive concessions, despite how much this gamesmanship will cost the middle class.
I think the Dems are mistaken. Dou you think R's are worried about tarnishing their brand? Obama's got to cut spending for this to work.
The R's are willing to raise taxes, Obama is unwilling to cut. What hsppened to 3:1 spending cuts, Obamas proposal isnt even 1:1 in real dollars.
Again, there has been no concessions by the Republicans. The Democrats have made concessions.
What's funny is recent polls about who is causing the Fiscal Cliff are showing that the american people believe the Republicans are standing in the way. Huge change from last year.
They can only blame themselves.
I interviewed a highly respected tax lawyer with a work background that gives him plenty of insight about this situation.
He felt that the best strategy would be for Obama to let the fiscal cliff happen because then he would be able to put his plan in place with the least amount of resistance.
The R's ran a campaign platform of not raising taxes. They are now willing to=concession
Correct, which is why Obama will need to come up with spending cuts to meet the R's. I think the R's have gone nearly as far as they are willing. IF he wants something passed, and I personally think he does. He doesn't want to start term 2 with another wall street slide, etc.
None of you guys get it.....eff the Repubs and the Dems....they're all a bunch of crooks anyway. Do away with the two party system because each party caters to the extremists within their own party. Term limits are a must as well. Being in congress shouldn't be a career especially given the ridiculous benefits. You wanna fix health care? Make every member of congress go on Medicaid and we'll see how fast this crappy system get's fixed.
Yep but these Dems don't see it that way. It's class warfare for them. The little guy cant catch a break bc these evil rich guys. Putting the 1% at Clinton's tax rate runs the government for 8-11 days. I would go back to the Clinton days in a second if it ment you cut the spending back to it as well. Problem is we have baseline budgeting and every goverment sector sees a 5-10% increase each year and we are left hearing Dems and Reps argue. They aren't cutting shit they arent even freezing spending they are arguing about how much the increase is going to be.
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