LOL, I can visualize that! More on Reid's shennanigans.
Reid changing debt ceiling plans to woo Republicans
This article talks about some of the changes Reid is proposing, and further explains some of the possible tax traps that Amanda Carey explained in the previous link I posted. Here's their take:
.............."the Reid plan has a big and unpleasant surprise for Republicans on taxes. Reid’s figures rely on current law — and current law has all of the Bush-era tax rates expiring and rising to their previous levels. It also assumes that Congress won’t provide a “patch” for the AMT:"..................
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Total tax hike over 10 years, according to the GOP analysis? $3.8 trillion. And those would not just be tax hikes on the “wealthy,” either. Those tax hikes would hit the middle class like a freight train, both on basic rates and the AMT creep that Congress has parried for years. If this analysis is correct, Reid either wants to hit the US with the biggest tax hike in its history, or he’s offering bogus deficit reduction that will never occur."....................