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1 posted on 12/06/2012 8:54:22 PM PST by Red Steel
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To: Red Steel; Kaslin; nomobs; blueunicorn6; doc11355; SeaHawkFan; henkster; cymbeline; maica; ...
RE :”Kaine sounded an alarm over the Obama administration's claim that it was willing to go over the fiscal cliff — allowing massive tax increases and spending cuts to take effect in January — if congressional Republicans refuse to meet the president's demands, chief among them a tax increase for those earning more than $250,000 a year.
Kaine, who led the Democratic Party under Obama, said even a temporary deal that only delays the threat of the fiscal cliff is preferable to no deal.
Obama could move closer to a compromise by agreeing to raise taxes only on those earning at least $500,000 a year, said Kaine. He offered a nod of approval to a Republican proposal that would raise new revenues by capping income tax deductions rather than raising tax rates. “

The tax increases are automatic. Republicans don't have to help O raise any taxes because of this. Extend the tax cuts to $250K.

While extending them to $500K instead sounds tempting there is a better chance that the economy slows at Obama's demand $250K, and he owns the tax increase over that because that was his major promise.

But first thing is Rs need to stop talking about themselves raising taxes, this is so stupid, They are automatic, Stop shooting yourself. especially YOU Bohner.

2 posted on 12/06/2012 9:03:14 PM PST by sickoflibs (Has Bohner caved yet? And called it historic again?)
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To: Red Steel

Next election cycle, we need to focus on electing only women. At least then we would have some guts on the Republican side of Congress.


3 posted on 12/06/2012 9:11:15 PM PST by Yogafist
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To: Red Steel

Go to Hell Kaine.
Yall own it.


4 posted on 12/06/2012 9:13:59 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: Red Steel
Please, nobody say the Dems are running scared because they're not.
Fact is, it will all be blamed on the Repubs anyway so let the cliff come.
And let the public figure it out if they even care enough to see past Obama's election.

Boehner supports raising taxes no matter what he calls it or how he spins it.

5 posted on 12/06/2012 9:22:30 PM PST by MaxMax
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To: Red Steel

“Half a cliff is better than none, dear Rats.”


6 posted on 12/06/2012 10:20:22 PM PST by HiTech RedNeck (How long before all this "fairness" kills everybody, even the poor it was supposed to help???)
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To: Red Steel
Compromise!!

What is this word that our President has no concept of?

At some point the GOP will recognize that they are negotiating with 0bama who will not now or EVER compromise.

Maybe someone should get Beohner the book “Negotiating with people who can't compromise for DUMMIES”.

I somehow get the feeling that what one would find in such a book is quite similar to what they teach people about negotiating with terrorists.

To be more blunt about this, the GOP is going to the proverbial gun fight with a knife.

14 posted on 12/07/2012 7:10:02 AM PST by R0CK3T
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To: Red Steel

Has ANYONE established what creates the $250,000 number?

GROSS income?

ADJUSTED GROSS income???

TAXABLE income?

These are 3 different numbers on your tax return.

It can be a big difference between GROSS income and TAXABLE income.

Does anyone know????


17 posted on 12/07/2012 8:36:29 AM PST by ridesthemiles
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To: Red Steel

OMG, I thought you said Kayne. Not unlike Rats.


21 posted on 12/07/2012 7:05:31 PM PST by BunnySlippers (I LOVE BULL MARKETS . . .)
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