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  Topic: Leaders on Hill ready
to bargain on taxes
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Leaders on Hill ready
to bargain on taxes

Washington Times, by Stephen Dinan and Dave Boyer

Original Article

Posted By:Dreadnought, 11/15/2012 11:38:26 PM

Top congressional leaders of both parties, eager to avoid the “fiscal cliff,” are beginning to show signs of willingness to compromise on the thorny issue of raising taxes on the wealthiest Americans as they prepare to meet President Obama on Friday at the White House. Republican leaders on Capitol Hill this week said they are willing to talk about increased government revenue from closing down tax deductions and loopholes, while Democrats including Mr. Obama and House Minority Leader Nancy Pelosi have signaled willingness to concede on raising the top income tax rate back to 39.6 percent. “We are open

      


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Reply 1 - Posted by: kanphil, 11/15/2012 11:43:59 PM     (No. 9017496)

There they go again. Don´t raise taxes. CUT SPENDING!

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Reply 2 - Posted by: reddfroge, 11/15/2012 11:47:19 PM     (No. 9017503)

ONLY the Dems are goings to profit from this...we are doomed as ´republicants/conservates´

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R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: King of all trolls, 11/15/2012 11:56:33 PM     (No. 9017512)

Dear Leader has his mandate, better to begrudgingly let him have his way on taxes, and in-so doing take ownership of the economy than to be obstinate, be labeled obstructionist, and yet preside over significant tax increases already set in place that will take effect automatically if no agreement is reached. To maximize political benefit, the GOP should not agree with the president, but rather stage a walk out in protest when the bill comes up.

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Reply 4 - Posted by: oh-heck, 11/15/2012 11:56:57 PM     (No. 9017514)

The political cost to the Democrats of going back to ALL the Clinton tax rates AND reducing the expenditure on entitlements is far higher than the political cost to the GOP. Plus the cast of Democrats has proven that they will lie to the people with the full backing of the press. Make them own this. They put time limits on the tax extensions and proposed sequestration. The economy will tank and not recover and the people who voted for Obama will want to know how he will fix this.

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Reply 5 - Posted by: King of all trolls, 11/16/2012 12:08:38 AM     (No. 9017522)

#4, even better. I like it.

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Reply 6 - Posted by: mackrand, 11/16/2012 12:24:55 AM     (No. 9017535)

What #3 and #4 said. Agree 100%. Better than voting present. Just walk out.

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Reply 7 - Posted by: sunsong, 11/16/2012 12:39:29 AM     (No. 9017545)

I also agree with #4. The country and the GOP is better off if ALL the Bush tax cuts expire. Let everyone pay more and then actually start paying down the debt!

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Reply 8 - Posted by: Mr. Hanky, 11/16/2012 1:54:41 AM     (No. 9017592)

Read our lips: Cut spending you morons.

It is seriously torches and pitchforks time.

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Reply 9 - Posted by: Muggins, 11/16/2012 2:30:02 AM     (No. 9017602)

Deja Vu...the Dems will haggle the Repubs, milking every last economy killing drop of blood they can possible squeeze out of them, come to an agreement, and then Pelosi will whisper in Obama´s ear, and the Dems will demand yet higher taxes and less cuts. This will stab John Boehner in the ol´ kazoo, once again, the deal will fall through. MSM will blame the Republicans for pulling out of the negotiations. It´s a win-win for the Dems. The military will be gutted, and even though entitlements will be gutted, too, it´s just a process. The Dems can promise more entitlements, as is they´re normal modus operandi, to get re-elected.

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Reply 10 - Posted by: Trigger2, 11/16/2012 2:54:06 AM     (No. 9017618)

Guess what? Schumer and demonrats already have a plan to spend any additional revenue coming in on taxing the so-called rich of $200,000/single and $250,000/family. Their eyes foresee another stimulous, keeping the payroll tax low (thus ensuring SS´s collapse sooner rather than later), and job training (probably to prepare workers for the perpetual forthcoming part-time job market). This additional revenue will NOT go to paying down the debt. So far, no cuts on any spending whatsoever. Why am I not surprised? Republican politicans fall for this BS each and every time.

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Reply 11 - Posted by: Spidey, 11/16/2012 4:33:46 AM     (No. 9017653)

This is about breaking the republicans back on one of their party´s main selling points.The dems will actually use attack ads on GOPers who caved on raising taxes. they can´t be trusted to keep their word.

This tax increase is roughly double Obama´s stimulus,spread over 10 years. If that $800 billion did no good,then how is a measly $160 billion a year do any good. The government is already spending $1.5 trillion a more than it´s taking in but that´s not enough to satisfy the left.

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Reply 12 - Posted by: ROLFnader, 11/16/2012 7:27:33 AM     (No. 9017802)

I wish the ´leadership´ of the GOP would just quit waterboarding those of us who put them in office . Hurry up and cave, already.

We know and you know that we know.

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B-G1


 
Reply 13 - Posted by: MOBeef4u, 11/16/2012 8:12:40 AM     (No. 9017891)

Taxes go up, spending cuts never happen. When will they ever learn?
No tax increases until real spending cuts, not just reductions in increases, actually occur, and maybe not even then because they won´t be needed because spending is reduced. No I´m not smoking anything, but i can dream, can´t I?

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