Mark any Republican who votes to raise taxes as a target for a primary challenge.
No revolt. No coup. Just a whimper.
The White House makes no concessions. They patiently wait for Mr Bonner to do all the bending.
Yes, I know how to spell his name correctly.
Not a single word on a budget surplus that matches, year by year, any tax increases. It’s like Obama’s Jedi mind trick finally worked and the RINO GOP leadership had the word ‘cut’ removed from their brains.
If you want to protect ALL the taxpayers, then stop devaluing the currency by printing up new money to fund government. If you want to save America, then don't raise the debt ceiling.
So, the TEA Party class of 2010 has been neutered?
I have not paid one dime to this administration, nor will I.
(TO GOP) YOU STUPID F*****G IDIOTS... YOUR PLAN B IS OBAMA’s PLAN A.
I am likely staying home in 2014. There is not point to even participating in this charade.
They passed a bill two years ago, and it seemed to meet the criteria of the anti-tax pledge. That bill sets the tax rates, and on January 1st, in accordance to that bill, the tax rates will return to the Clinton-Era tax rates, for all taxpayers.
Any bill passed that takes affect after January 1st, and that sets any tax rates lower than what they will otherwise be on January 1st, is a tax cut.
I don’t think it is good policy to make the tax rates MORE progressive, but it isn’t a tax increase.
If we pass a bill on January 1st that lowers the tax rate for all earning up to 1 million dollars, that will be a tax cut for EVERY TAXPAYER. Because even those who earn more than 1 million will have their first million taxed at a lower rate.
The fault is those who in 2001 passed a tax bill which expired in 2011, and those in 2010 who passed a tax bill which expires in 2013.
I have a feeling those who earn more than a million dollars would prefer the “Plan B” bill to NOT passing anything.
Tax increases are automatic per 2003 budget reconcilation (less than 60 votes in senate.
Then those expired 2 years ago 2010 and were extended for two years till now.
So claiming that automatic tax increases are being passed by the R house when they are not is only going to help Obama.
(Bohner helped shoot himself by using this same false terminology)
They are not going to revolt for extending tax cuts.
Repeal and replace the Reepublican Party!
“Republicans should argue that theyre working hard “
Yeh, working hard to help Obama destroy our country.
What is it about the conundrum that Bush and subsequent Congresses have left the House GOP in that escapes freepers? On January 1 everyone’s taxes goes up because the Bush cuts were temporary and they expire. We automatically go back to the Clinton increases. It requires no vote by either House in Congress. As far as I am concerned everyone’s damn taxes can go up on Jan 1.
But, people may not realize how much middle class taxes will go up. Reports are average family of four an increase of around $2,000.
Boehner is proposing something he can get the majority of his delegation to go for. That is keeping the rates and law the same unless one’s income is over $1 million. Most likely this law will be rejected by the Dems in the Senate or vetoed by 0bama if it passes.
If the Dems reject it, then the big middle class tax increase can be blamed on the Dems. The GOP can say that the Dems were so intent on taxing people earning more than $250,000 that they were at peace with taxing you poor middle class people too.
But it is unfair to call this voting for a tax increase. The tax rate will be 39.6% on people making more than $250,000 in 2013 if no one does anything. Also, everyone who pays tax will pay more in 2013 if Congress does nothing. So Boehner is proposing a tax cut.
It takes both houses of Congress and the President to stop any portion of the tax increases that comes as a matter of current law on 1 Jan 2013.
In some ways, I do hope everyone’s taxes goes up. Serves them right for re-electing a Dem Senate and a Dem President. Elections have consequences.
It’s time to physically throw boner out of the republican party and warn him that if he butts in he will be tarred and feathered. This SOB is a gutless worm and represents neither freedom nor individual rights of patriots.
There is only one real issue and that is spending.
The economy produces about 14 trillion a year.
The government spends about 3.8 trillion a year.
They borrow about 1.4 trillion (10% of GDP), so they only bring in about 2.4 trillion a year. IOW, we’re borrowing a bit more than a third of what we spend each year.
Our already accumulated debt is about 15 trillion or slightly more than the GDP.
Let’s say you knew a guy whose business grossed 140,000 a year. He had current debt of 140,000. He paid himself 24,000 a year and he borrowed 14,000 a year to increase his pay, so his total personal spending is 38,000 a year. The remaining 102,000 is used to keep the business running and pay interest on his debt.
It isn’t growing. He’s grossed 140,000 a year or slightly less for 4 straight years. How long can he keep borrowing 14,000 a year if he’s only paying 3% on his borrowed money? How long can he keep his business open?