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cockengr
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cockengr said...
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.
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cockengr
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devidee ●
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WRobins
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CMXI
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mpcoan ●
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cockengr
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joetheogre
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cockengr said...
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.
CMXI
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CMXI said...
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.
cockengr
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cockengr said...
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!)
RabbitSC
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RabbitSC said...
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.
This post was edited by cockengr on 12/21/2012 at 12:20 PM
cockengr
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shortcbaseballa
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BamaLivesFootba said...
To be honest, it was really just the forty or so whackjobs who refused to even vote for Boehner's plan B that will probably be the tipping point. They won't raise taxes on anyone or anything ever, so...
To look on the bright side, this might force an easier compromise since most would rather have ~$1.2T in increased tax revenue (Obama plan all along) in addition to $1.2T in spending cuts than $3.6T in increased taxes in addition to trillions in spending cuts.
CMXI
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cockengr said...
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!)
CMXI
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Sir Mix A Lot
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Sir Mix A Lot
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What will you pay due to "fiscal cliff"?