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GOP retreat on taxes likely if Obama wins [higher taxes to save Pentagon from cuts]
Washington Post ^ | Sep 20 2012 | Lori Montgomery and Paul Kane

Posted on 09/21/2012 8:37:54 PM PDT by WilliamIII

Senior Republicans say they will be forced to retreat on taxes if President Obama wins a second term in November, clearing the biggest obstacle to a deal with Democrats to defuse a year-end budget bomb that threatens to rock the U.S. economy.

... in the Senate, ... even some ardent conservatives say Republicans may have no choice but to throw in the towel on taxes if they want to persuade Democrats to spare the Pentagon budget.

“We’re not going to save our defense unless we go along with the president’s wishes to raise taxes on small business,” said Sen. Jim DeMint (R-S.C.), a leader of the tea party movement. “It’s not a good choice. I would never support it. . . . [But] there are enough Republicans, I think, who are so afraid of defense cuts that they would probably give in.”

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Extended News; Politics/Elections
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1 posted on 09/21/2012 8:38:00 PM PDT by WilliamIII
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To: WilliamIII

surely some will fight for lower taxes..if we get senate


2 posted on 09/21/2012 8:40:26 PM PDT by dalebert
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To: WilliamIII

Not. Going. To. Happen.


3 posted on 09/21/2012 8:42:24 PM PDT by BreezyDog (PLAN A: A Peaceful Restoration of the Republic.....PLAN B: A Restoration of the Republic)
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To: WilliamIII

” - - - Senior Republicans say they will be forced to retreat on - - -” ________________________________________________________, and __________________________________________.

Since that is what RINOs do, what will have changed in the RINO herd around the Capitol?


4 posted on 09/21/2012 8:50:23 PM PDT by Graewoulf ((Traitor John Roberts' Obama"care" violates Sherman Anti-Trust Law, AND the U.S. Constitution.))
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To: dalebert

or better yet, less government. Raising taxes is probably more dangerous than the military cuts IMHO. We need policies that create real economic growth, not stop gap tax increases that get us to the next debt level increase debate. AFAIC, I’m Taxed Enough Already. Make the spending cuts.


5 posted on 09/21/2012 8:51:47 PM PDT by RC one
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To: RC one

Why bother with taxes anyway? The government can simply print more money.


6 posted on 09/21/2012 8:58:31 PM PDT by satan (Plumbing new depths of worthlessness on a daily basis.)
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To: WilliamIII

Shut down all of the federal government for a couple of months and the military budget is saved without more taxes!!!


7 posted on 09/21/2012 9:03:53 PM PDT by dalereed
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To: dalebert

If Obama wins again, it would be because that is where the American people are, unfortunately. The result would be that many Republicans would go soft, because the only thing that would come out of fighting for Republican values is to be turned out on their rear from the American voter.

Having said that, I think most Americans are more Republican than Democrat and, hopefully, the vote in November reflects that.


8 posted on 09/21/2012 9:04:48 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
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To: WilliamIII
It appears the French have overrun and captured the GOP.
9 posted on 09/21/2012 9:12:20 PM PDT by Major Matt Mason ("Journalism is dead. All news is suspect." - Noamie)
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To: WilliamIII; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; Gilbo_3; NFHale; Impy; ...

The taxes automatically all go up as with the spending cuts.

I have thought this for a long time. Unlike 2 years earlier late 2010, Obama will be able to afford higher taxes because he is not up for election again. He will be able to take a hard stand on which taxes are re-cut then claim he cut the Bush deficit he inherited. It will be tough to listen to.

Well, the R party House passed those cuts last year. No one in white hats here.


10 posted on 09/21/2012 9:15:04 PM PDT by sickoflibs (Romney is still a liberal. Just watch him. (Obama-ney Care ))
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To: RC one

If we tax to raise more revenue, much of the money will go to welfare and entitlement programs. We are already having the historical battle that takes place during the decline of great powers—guns vs butter and butter wins every time because it has more constituents. The US can’t afford both. We already borrow 42 cents of every federal dollar spent.


11 posted on 09/21/2012 9:21:12 PM PDT by kabar
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To: satan

If they print much more, the banks will start charging you interest for keeping your money in their vault. It’s about come to that already actually.


12 posted on 09/21/2012 9:22:20 PM PDT by RC one
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To: WilliamIII

They were INTENDING to point out how Obama’s re-election means HIGHER TAXES.

But the liberal news outlet and RINO yammering makes it sound like a retreat. Well, both are likely true.

Obama wins, and the RINOs will sell out. Even a nominal majority will not be enough. This is proof enough that the excuse that “oh, GOP will stop Obama so we dont need Romney” is completely wrong.

Also, I am aghast that we will let more defense spending overriding the need for fiscal responsibility and stopping the raping of the American taxpayer. This is bizarre and dumb.


13 posted on 09/21/2012 9:26:19 PM PDT by WOSG (REPEAL AND REPLACE OBAMA. He stole America’s promise!)
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To: RC one

Raising taxes is probably more dangerous than the military cuts IMHO. “

Not probably, definitely. It will definitely hurt our economy and will definitely feed Obama’s leviathan government while stopping real reform by cutting spending.

If these RINO clowns cant cut a $700b DOD at a time when our engagements are winding DOWN, then how can we expect them to close a $1 trillion deficit?

“AFAIC, I’m Taxed Enough Already. Make the spending cuts.”

Agreed.


14 posted on 09/21/2012 9:31:43 PM PDT by WOSG (REPEAL AND REPLACE OBAMA. He stole America’s promise!)
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To: WilliamIII

It takes a very simple minded person to not be able to see that obama is intentionally trying to destroy this nation. I guess all those elected republicans are simple minded. Of course, they all love their perks and won’t do one thing that may jeopardize them.


15 posted on 09/21/2012 9:37:16 PM PDT by Terry Mross (The Clintons seem to be very afraid of obama. Do they owe him their souls?)
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To: kabar

I know a few wealthy people that are probably starting to wish they had listened to us right about now. It will be interesting. Luckily I’m hedged six ways to Sunday so bring it on.


16 posted on 09/21/2012 9:40:45 PM PDT by RC one
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To: xzins; cripplecreek

GOP-E already planning the great sell out...


17 posted on 09/21/2012 9:41:01 PM PDT by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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To: Terry Mross
The Boehner's in congress could care less who the President is. They love their elite power "club", regardless who is in charge.

The best Executive Order would be for immediate term limits for these career hacks...since they'll never vote for that themselves.

18 posted on 09/21/2012 9:43:11 PM PDT by Jane Long (Soli Deo Gloria!)
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To: sickoflibs
wait a minute, i couldve sworn that *somebody* in the leadership insisted that the only reason [he] they voted *for* those defense cuts, was to gain leverage to force the dims to negotiate a tradeoff in welfare cuts...

you mean to tell me that the dims are now unwilling to cut their own pork and vote buying dollars ???

man im sure glad these leaders are there to navigate these smokey backroom deals for us, or we mightve gotten screwed...

19 posted on 09/21/2012 9:47:23 PM PDT by Gilbo_3 (Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
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To: WOSG

I think you hit the nail on the head right there. If they can’t cut the DOD budget when we’re drawing down two wars, it’s got nothing to do with national security needs, our government as a whole is just plain committed to excessive spending.


20 posted on 09/21/2012 9:51:40 PM PDT by RC one
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