Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: conservativeforpalin
Plan B included a major tax hike on those earning more than $1 million per year and would have shown GOP to be party of sellouts.

What BS. Now incomes of over $250K will have higher taxes, instead of $1M. The GOP has been shown to be the party of stupidity.

13 posted on 12/21/2012 1:23:03 PM PST by expat2
[ Post Reply | Private Reply | To 1 | View Replies ]


To: expat2

Have you seen any of these Rinos who wanted to vote for Tax increases
on major media saying if the the vote had been held, they would have voted
for Tax increases on the rich? I mean, if they thought this was good policy,
why don’t u think they are out front today instead of hiding in the shadows.

Conservatives had the conviction to state their position last night

Where are all the Rinos today stating they would have voted for this bill.

I think we both know why the Rinos don’t have the conviction to re-state
Their position in public today.


24 posted on 12/21/2012 1:50:10 PM PST by tennmountainman
[ Post Reply | Private Reply | To 13 | View Replies ]

To: expat2
You got it all wrong, the GOP is not the "party of stupidity" due to last night's vote.

It's because of the "sequestration deal" made last spring which put them into an impossible corner, and worse yet took spending and taxes away as a general election issue.

25 posted on 12/21/2012 1:56:55 PM PST by SecondAmendment (Restoring our Republic at 9.8357x10^8 FPS)
[ Post Reply | Private Reply | To 13 | View Replies ]

To: expat2

Precisely!


30 posted on 12/21/2012 2:54:05 PM PST by indianrightwinger
[ Post Reply | Private Reply | To 13 | View Replies ]

To: expat2

What BS. Now incomes of over $250K will have higher taxes, instead of $1M. The GOP has been shown to be the party of stupidity.


The votes for Plan B were there in the morning ... but then, as the details of the deal leaked out, the House switchboard was flooded with phone calls to Republicans threatening to “primary them out” if they voted for Plan B. By evening, Plan B was 25 votes short.

Harry Reid already said that he would not allow the Senate to vote on Plan B, and Obama said he would veto it even if the Senate passed it. Why is it stupid to not vote on it?

Actually, if there is no agreement before 1 January 2013:
* everybody gets a tax increase, including many of the 47% that don’t pay taxes now (i.e., reduced child credit, and the credits will not be sent to the taxpayer if no taxes are due), resulting in immediate increases in withholding.
* the AMT will get applied to about 33 million high end tax payers, especially people in high tax States (California, New York, New Jersey) who pay high taxes and high mortgages, resulting in increased withholding.
* extended Unemployment Insurance will be cut off immediately for several millions of the unemployed.
* The defense industry will give lay off notices to tens of thousands as contracts are cancelled “for the convenience of the Government”.
* the stock market will tank.

Neither the Republicans nor the Democrats have been taking this seriously, having essentially ignored the problem for 8 months. When all of the withholding kicks in, and unemployment insurance and food stamps get cut off, causing the switchboard to be flooded for both Republicans and Democrats, they all will have to get serious.

I believe the advantage will flip to the Republicans when this happens. After all, the House passed a bill to extend all of the tax cuts last May. And it is better to have this fight now, 2 years away from an election, than in an election year.

Personally, I think I would hold out for a total freeze on spending, thus abolishing baseline budgeting; and if there is no agreement by the time the debt ceiling was hit, I would shut down the government until the Senate passed a bill to freeze spending, and Obama signed it. They could go back to regular order to make adjustments. I would have Republicans send out letters to each of their constituants explaining that we simply cannot continue borrowing 46 cents of every dollar spent by the Feds — it steals money from our children, and when the FED finances it, it results in inflation which steals money from everyone’s retirement account.


34 posted on 12/21/2012 3:59:53 PM PST by Mack the knife
[ Post Reply | Private Reply | To 13 | View Replies ]

To: expat2

“What BS. Now incomes of over $250K will have higher taxes, instead of $1M. The GOP has been shown to be the party of stupidity.”

No, actually, ALL taxpayers (and many present-day non-taxpayers) will have higher taxes.

And that is JUST FINE with me. Why. Because that bunch includes the DEMOCRAT base, not just Republicans. So, if Obama keeps holding out for his $250k, he punishes HIS voters.

Sure, Obama would JUST LOVE IT if the Republicans were STUPID enough to just raise taxes on Republican supporters, but somehow (amazingly) that didn’t happen here.


37 posted on 12/21/2012 5:34:51 PM PST by BobL (Agenda 21...Agenda 21...Agenda 21...Agenda 21...Agenda 21... (whatever the hell that is))
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson