Skip to comments.Boehner Caves: Speaker John Boehner pitches millionaire tax hike
Posted on 12/15/2012 7:53:56 PM PST by Veritas_et_libertas
Speaker John Boehner has proposed allowing tax rates to rise for the wealthiest Americans if President Barack Obama agrees to major entitlement cuts, according to several sources close to the talks.
It is the first time Boehner has offered any boost in marginal tax rates for any income group, and it would represent a major concession for the Ohio Republican. Boehner suggested hiking the Bush-era tax rates for top wage earners, including those with annual incomes of $1 million or more annually, beginning Jan. 1, two sources said.
(Excerpt) Read more at politico.com ...
This will be in exchange for entitlement cuts 15 or 20 years down the road, probably.
How much spending was cut last time around? None. Spending has continued to rise, mostly for completely useless nonsense.
That money is not going to be used to lower the debt... it’s to spend. Why can’t the republicans EXPLAIN! to the public. We are SO unrepresented in Washington! The one thing the founding fathers forgot... was TERM LIMITS. They understimated the power congress has on those there... and the voters for keeping them there.
This was a foregone conclusion from the beginning. The man was never the best choice for the job and has proved it time and again. This and the last Congress has no backbone ... and its too late to find it now. We have Dem and Dem-lite running the country. The lemmings will be following them off the cliff very soon.
That's whats really scary. If they let POTUS use the checkbook, it's GAME OVER
negotiating with himself again
Anybody surprised? No!
If one wants to predict Bonehead’s future deals,
look no further than his past deals.
Tax increases, with far off cuts. That’s his deal
Time for the Tea Party to take the place of the Republican Party, which shall go the way of the Whigs, the Federalists, the Know-Nothings and all that lot.
Heck of a job there Johnny.
Y’all are being silly. He hasn’t caved. Rates go up slightly on incomes over $1M. No extension of unemployment. No change in debt ceiling. Rates are going up on someone. There’s no way to avoid it.
Are the Democrats going to finally build the border fencing they promised Reagan in exchange for his Amnesty back in the ‘80’s? FIRE BOEHNER! The Democrats NEVER make good on their ‘deals’ with RINOs.
If you haven’t figured it out yet, the GOP has become the Democrat lite
party, part of the DC Party.
Timmy - SPEND LESS
And that will be it. There will be no spending cuts - period.
Good Cop/Bad Cop. Who didn't see these two guys planning the whole thing from the very beginning? Did ANYONE think they'd agree to protect the working class? They never do.
The tax slaves, once again, will just have to work longer hours or get a second job to support their own families. The freeloaders got hungry again.
And he’ll do the same with gun control....we’re screwed
>> Theres no way to avoid it.
That’s a lie.
There are many ways to avoid it.
And with Amnesty.
The Republicans can raise taxes AND push granny off a cliff.
What a deal!
Good God in Heaven, will the Republicans PLEASE get rid of this simple assclown Boehner?
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