The "high earners" invest their money and create SUSTAINABLE JOBS for other people.
Government does not create sustainable jobs, because government does not do anything at a profit.
Only companies that earn profit pay taxes and pay wages to employees who pay taxes on their wages.
Without investment, there is no profit, and without profit there are no taxes or jobs.
>> because of the sensitivity of the negotiations.
Hogwash.
Barry knows his way around a Boehner. He’ll get his 250 grand.
He’s getting #%*$ed. He’s giving in on tax hikes for the wealthy to prevent tax hikes on the middle class and defense cuts come January 1. It sucks. It makes Dems feel good but doesn’t help the country one bit.
Wow! Who could have seen this one coming?
The GOP needs to dump Boehner now.
Any refusal to make the move just shows me that the GOP are not Conservative. At All. Period
Anything less than going over the fiscal cliff (only way I see spending cuts happening) should be met with civil war. The problem is those on the right won’t do it. It is always easier to say it than to do it. We will just proceed to give up more of our freedoms and earned wealth. But hey, so many will boast that they will do something this time. Bah!
Actually a surprisingly shrewd move in my view, and I’m not a fan of Boehner at all. But he can toss this out there, and it’s purely for rhetorical/political purposes. The problem is supposedly that Repub’s are holding up everything in order to protect the rich. So Boehner says “OK, but $250K ain’t rich, $1 mil is”.
But anyone making a mil a year can easily shift around their income so as to be completely unaffected by a relatively small change in their tax rate. Nobody’s going to pay a lot more in taxes because of this, and that’s why Obama won’t accept it. But if Obama starts whining that “this will hardly help with the budget at all,” Boehner gets to laugh in his face and say, “neither does raising it on 250K and above”.
But if it ends up being just prelude to caving all the way to 250K, then it’s still a loser though, and knowing Boehner, I have to think that might be a likely scenario.
Boehner is doing “WeekEnd at Bernies”..
The republican party is quite DEAD you know..
The situation the Feds are facing is this: when you haven’t a clue how to manage money, you always need more.