The talks between President Obama and congressional Republicans to avoid looming tax hikes and steep spending cuts regressed Monday to the same old sticking point — raising taxes on wealthier Americans. Although both sides had expressed optimism before Thanksgiving that they would reach a deal to prevent a serious blow to the economy in January, the post-holiday pronouncements from the White House showed a re-emphasis on the president’s position that tax rates must rise for families earning more than $250,000 per year. And some top Republican lawmakers again insisted they won’t raise tax rates on anyone
Republicans need to get the message out clearly that the reason that they don´t want to raise taxes is that they don´t believe that the new taxes will go to reducing the deficit. Americans accept this rationale for not raising taxes by 20 percentage points. I study and follow this stuff very carefully and I have yet to hear a single Republican explain WHY they are against raising taxes other than that they are just against raising taxes. Americans don´t buy that rationale as long as they are not the ones whose taxes are going to be raised. "We are against raising taxes unless there is an iron clad promise to use the taxes to reduce the deficit."
Don´t forget the "revenge" factor. Those with no savings voted to stick it to those with. Class warfare won. That they don´t know anything about economics is painfully obvious. The problem is that even the savers are getting squeezed. The ebbing tide lowers all boats.
Reply 8 - Posted by:
Country Boy, 11/27/2012 1:35:02 AM (No. 9035285)
The Dems have never cut anything!!
It´s the spending stupid. Just do nothing, let the Fiscal Cliff come. At least we will finally get some spending cuts. Everybody will be fine. Life will go on (yes, probably a recession which is long overdue). Even cuts to the military, do it ... bloated, bloated, bloated.
The cliff is coming (dimocrats want it) and the media is already primed with the talking points for how to lay all the blame on the republicans. This is why so many republicans have ben on tv saying they are willing to raise taxes -- its a pre-emptive counter strike.
Reply 11 - Posted by:
Country Boy, 11/27/2012 2:01:57 AM (No. 9035307)
"This is why so many republicans have ben on tv saying they are willing to raise taxes"
#10 Yes good point, but the DEMS probably are already assuming that obama will kill any deal at the last minute, same as last time. Dems probably figure we are getting the automatic cuts no matter what. And that´s why McConnell calls obama the worst negotiator ever.
Everybody in Washington is just doing their photo-ops.
Obama promised there wouldn´t be any increase in taxes for those under $250 thousand I thought. Today on the news they were talking about big increases for people making as low as $20 thousand. You gotta be kidding me!
The idiocy continues -we are already over the cliff and wallowing in the mud of the abyss. Let the Dems have their way and and may all the feckless that voted for the impostor in chief come to the realization the hard way that their lord and master is nothing but a paper tiger.
The main driver of the economy is consumer confidence which means people can project affordibility downthe road.Ifyou have a secure government job,,your consumer confidence is way higher than someone who´s working for a private company but is always hearing rumors about their busines closing down or moving.
You can get a 50% consumer confidence rating of 50% based on people who live off the government alone.Other,more sober people can see a trainwreck coming and are more tightfisted...It´s costing an enormous amount of money to keep liberalism propped up in this country. They could easily blow another 2 trillion a year if you gave it to them and the economic impact wouldn´t be that great.
The liberals see the $800 billion in blown stimulus as getting even with Bush´s war spending.They couldn´t care less if it produced no significant jobs outside of government.The liberals live in lala land where the money spigot is never turned off.
You could show them absolute proof that raising taxes won´t do any real good but they´re brainwashed into thinking rich people and corporations can pay for all their candy.
Now they´re pushing to get rid of the filibuster rule so they can flood the courts with left wingers on a simple majority vote in the senate.
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