White House, Dems see tax cut vote after election
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0
TimRussert
John Boehner put it best - - the Democrats have time for comedy, bringing comedian Steven Colbert to "testify" before Congress as some kind of expert on illegal immigration, but they don't have time for tax cuts.
WIRE magazine reports Obama now has a burgeoning mutiny on his hands, as vulnerable Democrats are openly distancing themselves from the party and trying to paint themselves as independents.
Who can blame them...
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smithinjapan
The saddest part about all this is watching and listening to Republicans actually dupe themselves into believing half of what they say. They stall and block the proposal, then actually accusing the Democrats of stalling and not pushing it through. And of course the simple fact that by blocking the extension the Republicans wish to raise taxes for Americans.
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TimRussert
"White House, Dems, see tax cut vote after election"
What cowardice, on the part of the Democrat Party (and their allies in the mainstream lib media). This is shameful. Pols need to do the jobs they were elected to do. This reticence only adds to the already crippling uncertainty in the economy. Why hire when you have no idea what is going to happen after Jan 1 ? I cannot wait for these bums to be thrown out.
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Molenir
Wait, even sadder then the fact that the Dems who currently have nearly complete control of congress, can't be bothered to actually vote on this? You actually think Republicans are to blame for blocking this, when Dems have control? Really? Come on smith, I know you're a kool-aid drinker, and just spinning the party line, but thats just sad.
This is nothing more then cowardice by the Dems. Those who would do the smart thing and not raise taxes in the middle of a recession, and those who are terrified to tell their constituents that they would rather raise taxes and hurt large numbers of Americans and small businesses.
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manfromamerica
Wow, Democrats are so lame. And votes for them are even lamer.
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Alphaape
If they don't want to vote on this until after the election, then I say vote them all out, both Dem and Rep. If they haven't made their position onthis issue clear to their constituents, then they don't deserve to be there. I would rather know how a person stands on an issue, than vote on them for saying one thing and then they turn on you and your're stuck with them until the next election.
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skipbeat
This is a smart move on the part of the Democrats. If they voted on the tax cut now, and the voters don't like the bill they would be voted out in November.
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smithinjapan
Molenir: "Those who would do the smart thing and not raise taxes in the middle of a recession, and those who are terrified to tell their constituents that they would rather raise taxes and hurt large numbers of Americans and small businesses."
Like I said, the denial is pretty amazing, and quite sad.
"Republicans say they want a chance to debate extending the tax cuts beyond the middle class or else they will block the Democratic proposal."
So if 3% of Americans -- earning more than $200,000/yr -- don't get the cut extended, the whiny Republicans will block the tax cut extension. Sorry, Molenir, but that's a tax increase resulting directly from Republican idiocy.
'“They’re going to have to explain to their constituents why they’re holding up tax cuts for the middle class,” Axelrod said. “And I think it’s an untenable position to say, “We’re going to allow your taxes to go up on January 1st unless the president agrees to give tax cuts to millionaires and billionaires.”'
Ah, well... be fair, Axelrod! They won't have to explain it to the likes of Molenir and his ilk; the GOP says "jump" and they say, "from which bridge?" They'll still somehow try and twist it to blame the Dems for them being told to jump.
0
TumbleDry
I guess you didn't see the ColbertNation related to it, know about the "Take Our Jobs" or even listen what he said during in a about 5 min speech.
What is more lame is kindergarten level comments...
Increase the taxes, reduce the debt and spending, repay the money-changers, get rid of the Fed. o_O? I've heard that somewhere already...
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GJDailleult
That assumes the Republicans actually want to win in November. Why would they? They have no solutions to this train crash and they know they don't, so why let the voters know that. If the want the White House in 2012, staying in opposition in Congress is a much better strategy than getting control of Congress now. Keep an eye out for any self-inflicted wounds in the campaign that help that to happen folks. This might actually be one of them.
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MisterCreosote
Obama's lameness grows more and more evident. He has punted again. Like he did on DADT. Like he did on Gitmo.
Does this guy really want to be the president?
0
Badsey
No matter what the fools are saying now -you still have the ObamaCare taxes coming into play to factor in. =3.8% on home sales or rental income + many more taxes.
This "tax break" is not as important as the new taxes that you need to look at.
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smithinjapan
GJDailleult: "That assumes the Republicans actually want to win in November. Why would they?"
Why would they want to win? Hunger for power and money, which explains why they want to extend the tax cuts to the wealthiest part of the nation. Why WOULD they win? Because Republican voters in particular are extremely fickle, and not very bright. A lot of other Americans as well will simply cast their vote towards the opposition because they are disgruntled with those in power. Many of us said before Obama was elected that bush actually did such an amazing job literally destroying the country in 8 short years that it would be impossible for the Dems who won to keep their seats; you just can't repair damage of that scale in such a short time.
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MisterCreosote
Fun to read that Obama's biggest fans are so heartbroken, so bereft of hopey for the changey that they are, in advance of the slaughter, making excuses for his failures, knocking down straw men, and taking even more inaccurate broadsides at a party in a system they don't even understand. Why won't Obama man up? He has a huge majority in the House. If this was so crucial why wasn't it dealt with back when he had the leverage? Why trust your money and the economy to a guy who has, bar none, blown the most political capital any president in US history entered office with? ?
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Alphaape
>
An old Bible verse said it best: "There is a time and a place for everything under the sun." Colbert is a comedian I have no problems with that. But when you go to Congress, time to put jokes aside and be serious. If he can't distinguish between the two, and just because his own show is trying to spin it off to make it look like he was "sticking it to the man" it is still wrong. Bring legitmate discussions to the table and state your facts. Don't jerk the chains of the Congress (they can do that by themselves).
smithinjapan, not sure if you are an American, but I it goes a lot more than just that 3%. Take a look at how the tax code will be. As I mentioned, the marriage deduction will go from $100, to $500, that's across the board. Also, the child deduction will go down too. So those tax credits, that many poor and people in the middle class have been getting will be reduced.
What will happen, is those who are really on the lower end, and ahve those deductions help them get more money back in a tax return (even though they may actually pay no tax), will have smaller amounts given back to them. When that happens, no way Obama and the Dems make it in 2012.
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smithinjapan
Alphaape: "smithinjapan, not sure if you are an American, but I it goes a lot more than just that 3%."
Maybe so, but if they Republicans have their way it will be 100% that have their taxes increased. Is that better?
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Molenir
lol, so you're blaming Republicans for not going along. They are onboard for continuing the tax cuts for everyone. Oddly though, Dems insist on pushing a raise taxes platform, and that they're not onboard with. So, if Dems have their way, one group will be singled out to have their taxes raised, and if they can't have their way, they'll raise taxes on everyone. Thats what they're saying. Lets keep this in perspective, Dems have the votes to pass this, whatever the Republicans do. Thats where blaming the Republicans fails, and why this failure to pass this, or even schedule a vote, reflects badly on Dems.
0
Sarge
I wonder how much bigger the national debt will get before the Democrats are booted out of power.
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hworta269
Actually there were enough democrats in the senate to vote for extending the tax cuts but Harry wouldn't let the bill come to the floor.
The dems wont for for any tax cuts because they are mad at the voters cuz their polls tell them that they are going to get shalacked. All though after the elections I bet there would be enough democrat defectors to push a tax cut bill over a veto. All this is democrats telling Americans screw you for not liking our destructive agenda.
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hworta269
Most Americans that make 250k and more a year are small business owners and yeah taxing the crap out of them who employ over two thirds of Americans wont help the economy at all. Like it or not people with lots of money make and invest in businesses. Who are the dems gonna tax when they put every other business out of business?
0
tigermoth
Someone earning $250K a year is a millionaire? By who's math?
Bright enough to know that 250K isn't a million, which apparently trumps some. What makes you so ruddy brilliant, and why does your party so arrogantly think that they are the intelligentsia while the rest are knuckle-dragging simpletons?
Liberals tend to fail to see the whole picture because their self-perceived 'intelligence' and self-righteous 'mine is the party of the down-trodden' don't allow them to see beyond their hatred of the other side. Perhaps it's because so many of you quite obviously do have a secret desire for a more socialist form of government that you're so quick to scurry away from. In our capitalist democracy, making money is the name of the game. Tax breaks for the wealthy, rather than being the evil tool of the conservatives that you so desperately wish to vilify is merely a tool for allowing the so-called wealthy to pump more of their money back into the economy to strengthen it. It's not rocket science. If people have more money, they will spend more money which makes infinitely more sense than giant spending bills that just increase problems rather than providing long-term growth and stability. Yes, it certainly can lead to abuse in some cases, but generally it's a sound principle. The knee-jerk liberal reaction is towards the mega corporations that they see as exploitative in nature. What tends to be forgotten that many of the so-called 'rich' are small business owners who employee a good number of our citizenry, but require these breaks to do so.
I tire of the 'punish the rich' mentality anyway. Because someone has the stones and determination to make money doesn't make them inherently evil. Isn't that what our free-enterprise system is all about?
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