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  Topic: Why they want to go over the cliff
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Why they want to go over the cliff
Politico, by Jonathan Allen

Original Article

Posted By:FlyRight, 12/28/2012 8:28:39 AM

Washington’s Democratic and Republican power brokers have sent the message to the nation that going over the fiscal cliff is a worst-case scenario. But they’re not acting that way, not at all. Instead, many of them have calculated that it’s better to go over the cliff — at least temporarily — than swallow a raw deal.For many Republicans, a cliff dive means blaming President Barack Obama for a big tax hike in the short term and then voting to cut taxes for most Americans next month.

      


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Reply 1 - Posted by: shamus, 12/28/2012 8:39:44 AM     (No. 9087175)

Democrats get to raise taxes, gut the military, and blame it all on the GOP. This is what they´d call a huge victory.

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Reply 2 - Posted by: jinx, 12/28/2012 8:39:54 AM     (No. 9087177)

I wish we could just fire the lot of them. Congress is not doing its job. They are a bunch of fat cats looking out for themselves and their own interests. They could care less about the rest of us. I say "They´re fired!" If we didn´t do our jobs, we would be gone.

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Reply 3 - Posted by: Libertygal, 12/28/2012 8:40:57 AM     (No. 9087178)

So he can rid us of the Bush tax cuts, demonize republicans, name it the Obama tax cuts, target the rich, attach the weapons ban, call it a day and be known as the Saviour by Jamie Foxx?



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Reply 4 - Posted by: bubby, 12/28/2012 9:27:38 AM     (No. 9087260)

#3 says it all. My guess is the Republicans will cave and give Obama his higher tax rates on the so called "rich". I wrote my Senators and Congressman not to raise the tax rates on anyone. We have a spending problem not a taxing problem but I doubt that will make much of a difference.

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Reply 5 - Posted by: suziesuburbanite, 12/28/2012 10:25:06 AM     (No. 9087370)

There are only two givens in the cliff:

1. The taxpayer will get screwed

2. Republicans will be blamed for it.

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Reply 6 - Posted by: J F Ackerman, 12/28/2012 10:25:13 AM     (No. 9087371)

The political class, R´s and D´s alike, have TheBenBernank. They do not need We The People. It´s all a game of Power to the political class... not real life.

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Reply 7 - Posted by: Davids918, 12/28/2012 10:38:05 AM     (No. 9087397)

Democrats won´t be able to contain themselves and only retain the taxe on the top 2%.
Watch this figure creep down to top 5% and maybe even dip as low as 7.5%.

I´m okay with "going over the cliff".

It finally forces Democrats to discuss the issues instead of punt.
They will be forced to explain how taxing the top 2% would only provide 8 days worth of revenues.


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