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Sen Kerry: Taxes Will Be Defining Issue In Coming Months
Wall Street Journal ^ | NOVEMBER 21, 2011 | Siobhan Hughes

Posted on 11/24/2011 6:49:56 PM PST by Son House

Sen. John Kerry (D., Mass.) Monday said a deal to cut the federal deficit fell apart because Republicans refused to raise taxes, and said the issue would be the defining debate for Congress as the country heads toward the 2012 elections.

"America is stuck with the absolute rigidity of people who wanted to protect the wealthiest people in the country instead of providing $1.2 trillion of deficit reduction," Kerry said in impassioned remarks hours after the congressional panel announced it had failed to reach a deal. "That's the fight we have to take out to the country over the course of these next months. That will define this next year I believe in this country."

He tried to salvage a deal by presenting an idea in last-minute talks. But a Republican aide shot down the plan, saying it wasn't clear the informal plan was backed by other Democrats. The plan was a reworked version of an earlier proposal, according to a supercommittee aide.

"This doesn't end here today and tonight," Kerry said. "I want to say that to every American. This fight just begins, because now we're going to hold people accountable and we're going to continue to bring to the floor, continue to bring to the Senate of Congress choices about how we can act responsibly and get our nation back on track."

He also said he was "disappointed." He said "we had an opportunity to be able to show the world that the Congress of the United States knows how to govern, and we had an opportunity to prove at a time that Europe is in a particularly fragile economic situation that we were ready to show the way forward, and even as we did so to make America a safe haven for investing for money."

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections; US: Massachusetts
KEYWORDS: 2012election; defining; issue; johnfinkerry; johnkerry; kerry; massachusetts; nottooswiftboat; partisanmediashills; supercommittee; taxes; taxevasion; yacht
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Democrats wanted him to be President? Tell me he can lead?
Kerry couldn't even persuade a small 12 person team to settle over small cuts, out of a huge budget, over 10 years, that should have been easy, even if you can't stand who you mistakenly call the "wealthiest people in the country" keeping more of their income.

And then belly-ache as if his Democrat illogic...is logic?
tax increases on the "wealthiest people in the country" for deficit reduction are going to be
good for economic growth and recovery?
Never, you might get a one time short-term windfall, but it ain't going to last long-term.

No, Kerry, it's all about about how you have failed to govern over the years and years you've been Senator. And who are you passing off as "wealthiest people in the country"? Wrong! They are actually financially below the "wealthiest people in the country". Get a clue! Also, it is none of your business with how much money anyone makes or what they do with their income.
1 posted on 11/24/2011 6:50:01 PM PST by Son House
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To: Son House

When it comes to parking your yacht, Hanoi Boi is a tax expert.


2 posted on 11/24/2011 6:51:27 PM PST by FlingWingFlyer (Stop BIG Government Greed Now!!!!)
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To: Son House
Sen Kerry: Taxes Will Be Defining Issue In Coming Months

Yep!

3 posted on 11/24/2011 6:52:59 PM PST by doc1019 (Romney will never get my vote)
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To: Son House

Forty years, and this Commie non war hero is still creating problems.

I still want to see the full SF-180. I want to know who wrote the after action reports that gave this a-hole three Purple Hearts, one Bronze Star and One Silver Star in 3.5 months, and not one day in the hospital.

Even Audie Murphy wasn’t that good.


4 posted on 11/24/2011 6:57:03 PM PST by exit82 (Democrats are the enemies of freedom. We have ideas-the Dems only have ideology.)
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To: Son House
John F'N Kerry* has been stalking Obama a lot these past several months.

Waiting just in case Hillary declines the presidency after Obama finds the horse head in his bed and resigns.

*(served in Vietnam)

5 posted on 11/24/2011 6:58:02 PM PST by Happy Rain ( "Many of the most useful idiots of the Left are on the Right.")
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To: Son House

Lurch keeps getting re-elected.

Have a nice day. :(:(:(:(:(


6 posted on 11/24/2011 6:58:09 PM PST by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: Son House

7 posted on 11/24/2011 7:05:07 PM PST by pabianice (")
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To: Son House
"America is stuck with the absolute rigidity of people who wanted to protect the wealthiest people in the country instead of providing $1.2 trillion of deficit reduction,"

Too bad, ketchup boy. We're stuck with you too which is far worse. Live with it.

8 posted on 11/24/2011 7:06:01 PM PST by South40
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To: Son House

there is nothing left to tax, between what is actually called tax and include the ‘ licenses/
permits/registration/fines..ect;..” they have to raise them


9 posted on 11/24/2011 7:09:16 PM PST by SF_Redux (Sarah stands for accountablility and personal responsiblity, democrats can't live with that)
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To: Son House

Increase the debt or increase taxes are one and the same. Think about it. In the end it will come out of the same pocket.


10 posted on 11/24/2011 7:10:38 PM PST by Logical me
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To: Son House

Kerry may have a point. The have not’s already outnumber the have’s. And democrats are doing everything possible to increase the have not’s, more and more dependent on gov’t doles.

It is a dichotomy of extremes when those who pay no taxes can vote to elect people who will increase taxes on those who already are paying all taxes. Talk about conflict of interest! We are screwed!!

The real sad part is that the have not’s will have even less as this cycle continues. But they are too dumb to see that.


11 posted on 11/24/2011 7:11:40 PM PST by federal__reserve (Only Herman Cain could break up the 95% black voting block down to 75-80%.)
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To: FlingWingFlyer
When it comes to parking your yacht, Hanoi Boi is a tax expert.

Did he ever pay those taxes?

12 posted on 11/24/2011 7:12:22 PM PST by Retired Chemist
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To: Son House
booo...


Yooo Hooo... I'm over HERE!!!
13 posted on 11/24/2011 7:15:28 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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Even stupid people should be able to comprehend that cutting spending does not depend upon raising taxes.

STOP WASTING THE TAX MONEY YOU ALREADY RECEIVE.
CUT SPENDING.


14 posted on 11/24/2011 7:18:07 PM PST by sarasmom
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To: Son House

By that what is meant that taxes is what Kerry hopes will become the defining issue in coming months.


15 posted on 11/24/2011 7:18:26 PM PST by YHAOS (you betcha!)
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To: Retired Chemist

I’m not sure. The last I heard, he was working on some kind of a deal.


16 posted on 11/24/2011 7:20:34 PM PST by FlingWingFlyer (Stop BIG Government Greed Now!!!!)
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To: Son House

Kerry . . . . Kerry . . . . . Kerry . . . . . .

YEAH!! I know who he is!! He’s the guy who lied about his service in Vietnam, gave himself some Purple Hearts (based on lies) to get OUT of Vietnam, then came home and lied about the men and women he served with who were STILL in Vietnam!!!

Kerry pull your head OUT of Ter - RAY - Zah’s butt then, because you’re so butt ugly from all the lies you’ve told, stick it back up your own butt!!

Freakin’ LIAR!!!!

(Can you tell I don’t care for him??)


17 posted on 11/24/2011 7:22:10 PM PST by DustyMoment (Congress - Another name for white collar criminals!!)
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To: exit82
I want to know who wrote the after action reports that gave this a-hole three Purple Hearts . .

Sad to sy, he was allowed to write his own PH citations. That's why he was in and out of Vietnam so quickly.

18 posted on 11/24/2011 7:24:06 PM PST by DustyMoment (Congress - Another name for white collar criminals!!)
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To: Son House

I agree with Sen. Kerry. Taxes are a defining issue for me. I therefore give Sen, Kerry permission to pay mine for me.


19 posted on 11/24/2011 7:25:14 PM PST by sono (What Rough Beast ... Slouches Toward Bethlehem To Be Born?)
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To: exit82
How true, however, Audie Murphy was Real, and to borrow a line from the silly Seinfeld show, “they are real and they are spectacular...”.

Dipstick Kerry is a commie traitor FAKE and should be jailed as such. He is such a POS lying person. May God have mercy on his wretched soul.

20 posted on 11/24/2011 7:25:36 PM PST by redshawk (0pansy is a Liar)
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To: Son House

Yeah, run on raising taxes ... thats the ticket. That will get you the White House again ...


21 posted on 11/24/2011 7:34:29 PM PST by dartuser ("If you are ... what you were ... then you're not.")
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To: Son House

Go suck on a ketchup bottle, you gold digger.


22 posted on 11/24/2011 7:41:22 PM PST by Mortrey (Impeach President Soros)
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To: Son House

I wonder if Lurch ever paid the back taxes on his boat?


23 posted on 11/24/2011 7:45:16 PM PST by vigilante2 (Reelect nobody)
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To: Son House
"America is stuck with the absolute rigidity of people who wanted to protect the wealthiest people in the country instead of providing $1.2 trillion of deficit reduction," Kerry said.

What America is stuck with are leftist liars whose water is carried by the MSM Riefenstahl Press (you, Kerry, are sent forth as a member of the second-team roster of players when the particular lie is too big to be carried by the first team).

The justice brothers --- Al Sharpton and Jesse Jackson can't be far behind.

24 posted on 11/24/2011 8:04:43 PM PST by thouworm (.)
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To: Son House

These people don’t seem to understand a very simple concept.

The American people are taxed to the point that it’s borderline slavery. We could take 100% of the income of the wealthy and it wouldn’t make a dent.

We don’t have a revenue problem, we have a spending problem. Don’t these people in places like Greece, Italy, and the U.S. realize that if they don’t learn to be self reliant and stop pushing for more and more entitlements that we are facing a world wide financial collapse? America and Europe will cease to exist and we’ll have nothing and our children and our children’s children will pay the price for our selfish desires for a nanny state.

We either learn to sacrifice a little now or loose EVERYTHING later. What is it about this very simple equation that people don’t understand? Are they really willing to sacrifice all our futures for another year or two of entitlements?


25 posted on 11/24/2011 8:07:05 PM PST by Carbonsteel
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To: exit82
I still want to see the full SF-180. I want to know who wrote the after action reports that gave this a-hole three Purple Hearts, one Bronze Star and One Silver Star in 3.5 months, and not one day in the hospital.

A couple of years ago, I read for the first time, the citation that came with the Bronze Star my step father received for action in the Korean war. It was also the first I learned that he even got a bronze star.

I was astounded by the actions by him, described in that citation, that would certainly be described by me, as heroic and was somewhat surprised that he only received the Bronze Star.

My brothers and sisters and I were going to get him a set of Bronze Star license plates for his b/day. He got wind of it before we did it and promptly vetoed that idea.

Oh, he has a purple heart from that war also but unlike Kerry, he was actually shot to earn his.

26 posted on 11/24/2011 8:07:30 PM PST by Graybeard58 (Of course Obama loves his country but Herman Cain loves mine.)
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To: Son House

Why don’t they just get rid of the automatic increases in the current spending and start cutting from there. There’s no need to raise taxes.


27 posted on 11/24/2011 8:11:51 PM PST by OrioleFan
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To: DustyMoment

From what I have read the fellows he was serving with were happy to see him go.In fact they told him to go or he might suffer a tragic accident.


28 posted on 11/24/2011 8:18:59 PM PST by Venturer
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To: Son House

Kerry won’t tell you that when the Democrats took Congress and the Senate in November, 2006, their dogmatic Keynesian redistributionist policies have worked to destroy the U.S. economy. When the Democrats took over, the national debt was 1.8% of the Gross Domestic Product. Now it is 10% and climbing. Unemployment was 4.7%. Now it is above 9%.

Democrats have encouraged the growing size of government which contributes very little value for the economy and costs a colossal amount to maintain. Democrat spending has contributed to a constantly growing national debt which is over $14 trillion. Their answer is more taxation, which drains the available money out of people’s hands into the government and destroys the incentive to create new wealth. This ignores the fact that when you reduce taxes, businesses create new wealth, more people are employed and tax revenue increases. Increased tax revenue through lower taxes is the answer; not more taxation.

When government spends more and borrows more to pay for its deficits, less money is in people’s hands to create economic growth and jobs.

The United States has lost approximately 42,400 factories since 2001. Democrats have allowed other nations to manipulate their currency rates, impose high tariffs, put up artificial barriers to American products and flood our markets with cheap products. Democrats then hurt American industry with over-regulation, over-taxation and allow unlimited civil liability. Such policy has contributed to the exploding U.S. trade deficit, the ongoing devaluation of the U.S. Dollar and the shrinking middle class.

Democrats have turned a blind eye to rampant corruption on Wall Street. They are the major players in Crony Capitalism where politicians give favorable government policy and contracts to those who give campaign contributions. These campaign contributions, many derived from tax dollars, become a slush fund for playing the stock market using insider trader info from their Wall Street connections. This is why they want to grow Government. It to increase their client base, many who throw that money back to them in the form of campaign money. This money is sent to encourage continued grant money, contracts and favorable laws that hurt competitors.

Democrats have failed to stop the increasing derivatives bubble because they benefit from them. The Wall Street reform bill did next to nothing about derivatives. When this bubble finally pops, it will cause an economic catastrophe of Biblical proportions.

Democrats have turned a blind eye to the growing retirement crisis that threatens to bankrupt America. It is ironic that Baby Boomers who have largely kept Democrats in power have ironically set the stage for their own disaster Social Security is soon to collapse and the states are $3.2 trillion short of what they need to meet their pension obligations. And Baby Boomers are the first ones to call for free medical handouts in the form of Obamacare. They will find out the folly in trusting the Democrats.

In fact, when the Democrats rammed Obamacare down our throats it never fixed the health care industry. They made it worse. America will realize this failure as the aging Baby Boomers impact the system.


29 posted on 11/24/2011 8:21:27 PM PST by jonrick46 (2012 can't come soon enough.)
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To: FlingWingFlyer

bravo


30 posted on 11/24/2011 8:34:55 PM PST by silverleaf (common sense is not so common- voltaire)
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To: Son House
Oppose “providing $1.2 trillion of deficit reduction”

Okay... we just got a free peak at the latest moronic mantra we'll be hearing from every one of them for the next six months. How ‘bout coming up with one of our own instead of just letting theirs become accepted truth by dint of constant repetition?

I'll start the contest with, “we're not going to let them spend money we don't have”. Next?

31 posted on 11/24/2011 8:40:13 PM PST by ArmstedFragg (hoaxy dopey changey)
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To: Son House

And speaking of “tracks”, JFKerry couldn’t find one if he was sitting on it.


32 posted on 11/24/2011 8:42:03 PM PST by ArmstedFragg (hoaxy dopey changey)
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To: DustyMoment

That’s what I heard—that he wrote his own after action reports. I’d like to see proof—because he needs to be embarassed so much that he never shows his horseface again in public.


33 posted on 11/24/2011 8:45:00 PM PST by exit82 (Democrats are the enemies of freedom. We have ideas-the Dems only have ideology.)
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To: redshawk

Am agreed with all you said. Kerry is POS poseur—didn’t even throw his own medals over the White House fence, but reveled in the fact that everyone believed his did.


34 posted on 11/24/2011 8:46:24 PM PST by exit82 (Democrats are the enemies of freedom. We have ideas-the Dems only have ideology.)
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To: Graybeard58

Thanks for sharing your story about your Dad, Graybeard58.

He earned his medals the hard way. I wonder if men like him have too many memories of others who didn’t make it—the medals are not that important to men with those memories.

He sounded like he was a brave but modest man. The type of man we are going to need a lot of in the near future to right this ship of state. God bless.


35 posted on 11/24/2011 8:49:36 PM PST by exit82 (Democrats are the enemies of freedom. We have ideas-the Dems only have ideology.)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Taxes HAVE BEEN the governing issue, a-hole!

“Taxed Enough Already” — Heard of it? F-head!

Thanks Son House.


36 posted on 11/24/2011 8:59:26 PM PST by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: Son House

Total crook insider trader Kerry is also a master at avoiding his taxes.

But he certainly wants to raise yours.

FUJK


37 posted on 11/24/2011 9:08:38 PM PST by FormerACLUmember
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To: Chode

That would make an excellent target!


38 posted on 11/24/2011 9:16:08 PM PST by CowboyConservative
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To: vigilante2

No he didn’t. He purchased his yacht overseas and it is not moored in MS to avoid guess what!


39 posted on 11/24/2011 9:20:25 PM PST by CowboyConservative
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To: Son House
The single biggest threat this county has hands down is the democratic party. They have and are the worst infection this country has or will ever see!
The damage from a nuclear attract from Iran would be overshadowed by the damage democrats have been allow to inflict on our lives.
40 posted on 11/24/2011 9:34:25 PM PST by CowboyConservative
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To: Son House
Run on a platform of RAISING TAXES. See how far it gets you.


41 posted on 11/24/2011 9:36:24 PM PST by RasterMaster ("To sin by silence when they should protest makes cowards of men." - Abraham Lincoln)
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To: Son House; All

Kerry knows that “the rich” will never have to pay the higher tax rates he proposes in spite of any “loopholes” closed - both Democrats and Republicans (including him) will provide plenty of other “loopholes” (deductions, credits and other mechanisms) for “the rich” to keep their tax bill as low or lower than it is now.

Democrats (including him) will then blame this on Republicans when tax revenue fails to materialize.

Kerry’s wife - and their combined net worth and income (which is mostly hers) - need to constantly be in the news and on the internet as much as conservatives can put it there. (Sane and smart) creativity is needed to get the word out. Only if this is constantly flashed in the minds of “the poor” who also happen to vote Democrat will they perhaps start actually seeing through the scam a little teeny bit.


42 posted on 11/24/2011 9:48:23 PM PST by PieterCasparzen (We have to fix things ourselves.)
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To: Son House
the wealthiest people in the country

FUJK - the "wealthiest people in the country" are all enthroned on Capitol Hill!


43 posted on 11/24/2011 10:01:12 PM PST by rabscuttle385 (Live Free or Die)
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To: Son House

From a man who said reducing the size of a planned Budget Increase is a Cut when he was running for President in 2004. Nobody called him on that back then.

Just last week on Meet The Depressed he admitted that there were no Budget Cuts in play, just a slower rate of planned increases.

Why do none of our Candidates, with the exception of Ron Paul, bring up the fraud of Baseline Budgeting?


44 posted on 11/24/2011 10:02:55 PM PST by Kickass Conservative (Liberals, Useful Idiots Voting for Useless Idiots...)
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To: CowboyConservative
yes it would...
45 posted on 11/25/2011 5:37:40 AM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Son House
Lurch talking about 'holding people accountable'.. pfffttt. He's a complete joke.
46 posted on 11/25/2011 6:24:03 AM PST by Track9
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To: Son House

Kerry is too big to fail: people in MA simply adore him and always will. He will be the heir to the EMK mystique.


47 posted on 11/25/2011 7:48:17 AM PST by Theodore R. (Forget the others: It's Santorum's turn, articulate, passionate, less baggage.)
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To: Track9

Complete jokes are idolized in MA.


48 posted on 11/25/2011 7:48:52 AM PST by Theodore R. (Forget the others: It's Santorum's turn, articulate, passionate, less baggage.)
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To: Kickass Conservative

Because they know “baseline budgeting” is above the IQ of the American people, who remain a confused lot


49 posted on 11/25/2011 7:50:31 AM PST by Theodore R. (Forget the others: It's Santorum's turn, articulate, passionate, less baggage.)
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To: Son House

Did Lovie get the yacht moved to a different location Thurston? So it doesn’t get taxed.


50 posted on 11/25/2011 8:31:51 AM PST by crosshairs (Liberalism is to truth, what east is to west.)
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