Exactly right to not negotiate - The house should pass a bill they like, and pitch it ver the fence to the Dems in the senate.
Only the house can originate the bill - the house has the constitutional power, and should not relinquish it.
“Exactly right to not negotiate - The house should pass a bill they like, and pitch it over the fence to the Dems in the senate.”
I agree. No negotiation. Assert their authority and power of the purse, pass a pro-growth bill, adjourn for the holidays. Let the dems sweat.
There are six tax rates, ranging from 10% to 35%, have been in place since 2003, the Bush tax rates:
10%,
15%,
25%,
28%,
33%, and
35%.
Tax rates will revert automatically to the following pre-2003 levels unless new legislation is passed:
15%,
28%,
31%,
36%, and
39.6%
Extending the Bush tax rates is not the way to go, its just the way the Democrats have framed the argument. Nor is the way to go allowing the rates to revert.
Republicans should pass brand new rates:
8%,
12%,
20%,
25%, and
35%
Only the highest rate would remain the same as the current level. All other rates would be reduced below their current levels.
Lets see how eager Obama and the Democrats really are to keep talking about helping the middle class during a slow economic recovery by extending the Bush tax cuts for 98% while demanding that the rich pay their fair share. They’ll be twisting themselves in knots with their phony talking points.