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?
The rates go up on no one if the house doesnt approve of it. We hold all the power, yet we allow the media and the president to act like the dems hold it.
We deserve to have an Opposition Party, but we don't have one.
I would rather have them go up on the people who pay nothing now.
Wow, for entitlement cuts, let me guess, 10 years from now.
Those taxes go up automatically with the others. But Bohner is offering them to O?
Let me guess: Spend now, Cut our benefits later.
“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.”
They are going up for the 250K crowd too or that is at least how I read it.
When the he!! are the rates going to go up on the freeloading 47% that aren't paying any federal income tax at all?????
Enough of this redistribution BS already. The democRAT base needs to have some skin in the game for a change. They can vote, but they vote on how to spend Other people's money. I'm that "other people".
GOP has lost the debate on rates for the very rich. Line is going to be drawn somewhere. If we go over the cliff with them refusing to budge on upper income rates, we will lose everything else, also. Discretion. Fight another day over that.
I would hope that Boehner would have the good sense to refrain from raising the debt ceiling again, considering how badly we were screwed the last time. Unfortunately, I sense that Boehner has already sold us out. Once Obamacare kicks in, we should expect a US debt of $24 trillion by the time Obama leaves office.
How about defunding the tax payer paid Obomaphones? The free tax payer paid high speed Internet? How about cutting back on the food stamp lobster tails and Delmonico steaks?
Why not encourage the freeloaders to get their own jobs by offering them only what they NEED to survive? A small roof over their head, thrift store clothing on their backs, and canned goods? If they WANT more than that, they can get their own frigging jobs! Does anyone here think a welfare slug is worth $40K-$60K a year for doing.......nothing at all (for anyone - not even themselves?)?
The working class shouldn't have 50% of their wages stolen by some tax or government free before they even get them so some freeloader can live a comfortable, labor free lifestyle.
No man should be used as another mans slave. Cut off the freeloaders. When they get WANTING enough, they'll find some type work to do.
The GOP did not loose the debate ... as usual, they never showed up. Like the Wizard of Oz - “Pay no attention to that man behind the curtain.” Our politicians have sold out, they will rattle their sabers and talk smack but have no heart to do and act in what is best for the people.
As for an ‘Opposition Party’, ain’t gonna happen. Enough of America isn’t mad enough yet. Too many still can’t see for all the ‘smoke and mirrors’. They will not see that their elected official sold them out for the next ‘bene’ they’ll get for caving like they always do.
Why should “millionaires” be forced into subsidizing the ‘RATS’ nanny state? Let the ‘RAT voters do it. If you’re a registered DemocRAT, your tax rate is doubled. If you work in Hollywood and are a celebrity activist, it triples. Problem solved.
They havent lost the debate among freepers, nor with any other conservative that I know. The media wants you to think that the GOP will get slaughtered in midterms if they dont “compromise”. Thats a huge load of crap.. they will get slaughtered if they continue to cave....
Haha - yeah, they should pay their “fair share”.
Throw it right back at the dems.
Actually, there IS no way to avoid it. If nothing happens, tax rates go up automatically. The only way for tax rates to NOT go up is for Obama to sign legislation that keeps rates where they are. That will never happen.
You can scream at Boehner all you want, but rates WILL go up. Nothing the Republicans can do will change that.
And the reason we lose everything else is the Grand Bargain Bonehead
forced on the GOP. You do remember that debt ceiling deal Bonehead
did two years ago don’t you.
If the GOP hates that deal now, why did they pass it two years ago.
You are in some serious denial.
For those that think like you, it’s always live to fight another day mentality.
Never the time to draw the line in the sand.
If u knew enough, u would know this Tax Increase on the rich, will not do
squat to solve the debt issue. But apparently u don’t.
That's why they lost the 2012 presidential elections. Romney talked about those WITHOUT jobs, but offered nothing to those who still have them and pay, pay, pay. That's why very few people bother to vote at all. The tax payers had no one to vote FOR. They know they're going to get even more enslaved no matter who wins. They always do.
A few came out to vote AGAINST Oboma, not not enough. The Social parasites, on the other hand, had visions of everyone elses dollars dancing around in their heads. They couldn't get to the booths fast enough.
And then, they will come for those of us who earn less than $250,000.
Boehner if more afraid of the media than he is the Conservatives.
"Fairness" is keeping your promises.
So the obvious conclusion is that Obama is not willing to negotiate in good faith. He is instead treating this as a contest of wills, instead of considering what is best for the country.
Note that Boehner hasn't done anything more than make a counter-offer. And had it smacked down hard by the other side.
What does it matter to Obama whether the line is at a quarter million or one million? Is this a backhand slap at his union support? Or does he think that the GSA schedule is too generous to upper-echelon executive-branch employees?
The only time Bonehead exerts his raw power is against conservatives.
He never exerts his power at Obama and the democrats.
Much more likely will be a reduction of revenue. Just look at the history and objective evidence of income and capital gains tax rates.
But Obama said he doesn't give a rat's patootie about revenue...he wants "fairness," ie, screw the successful white bastards out of the fruits of their labors.
Timmy, Lassie is calling you over to the DU well.
Or was it you that fell down the well?
Yes, it’s a contest of wills and obama is enjoying every minute of it. He thinks he has a mandate and can do as he pleases. He likes to see the Repuplicans squirm.. he thinks it makes them look weak, and him with power.
Everyone on this forum knew that he would. The only question was when.
If Hussien wants to use the checkbook, then Boehner gives him the checkbook.
Go tell it to someone who believes you.
"Polls" show most people want higher taxes on the rich. The MSM seems to be ignoring the part of the same polls that say just as many (and more in some polls) want the government to cut spending.
Going over the cliff will do both. I think people will accept it. If Boner chooses just the tax cuts, he's going against the will of the people who kept the Republicans in charge of the purse strings. People want BOTH.
Personally, I think only spending cuts should be on the table. Under taxation is not the problem. 50% in mandatory government fees and various taxes is MORE than enough already!
If nothing happens, tax rates go up automatically.
And why do they go up automatically?
Because of the debt ceiling deal Bonehead and the GOP signed off on two years ago.
So because the GOP cut a bad deal two years ago, means they have
to cut a worse deal now?