Why the Tax Bill is a HUGE WIN for the GOP

12/7/2010

[GLDNGUN]

PR campaign: Bush’s tax cuts become Obama’s tax cuts now that he has “stopped the GOP from raising taxes on middle class.”
What? LOL How are Bush's tax cuts going to become Obama's tax cuts WHEN HE'S GOING TO GO OUT AND CAMPAIGN AGAINST THEM IN 2 YEARS?! Geez, think it through at least a tad bit, please.

[crz]

Hey..ask the guy who replied to you about the budget..”WHAT BUDGET?” They havent even bothered to pass a budget for this year the last I knew.

[Graybeard58]

No. You think like the RomneyBOT you are.

Off hand, I can't think of a more serious, (or is it series) accusation. Any truth to it?

[GLDNGUN]

The tax cuts don't. It's what they traded in exchange for the tax cuts that I understand does.

And just what did they "trade", or are you going to keep us in the dark with these vague responses. Or, maybe, just maybe, that was made up by someone and you are repeating it?

[screaminsunshine]

I was wondering about that. Maybe he is a Spy.

[GeronL]

Headline: Obama’s Tax Cuts, What do they mean?

http://finance.yahoo.com/taxes/article/111520/obama-tax-cuts-what-they-mean?mod=taxes-advice_strategy

[crz]

Since there is no budget and the Senate is now passing spending bills-like Obamacare. Then they shouldnt have had no problem passing the extension of the Bush tax rates along with expenditure cuts also, no?

[Paleo Conservative]

Bringing back the death tax, abandoning the idea of Paygo and mounting more debt spending for unemployment benefits and allowing Bush’s tax cuts to become Obama’s tax cuts.

Yeah.... that is some win.

We can revisit these issues the next time the tax cuts come up for renewall. GLDNGUN is right, by just extending the tax cuts by three years, the DemocRATS will have to go through this pain again before 2013.

[screaminsunshine]

I dunno. I just feel like a passenger in economy class on the Titanic.

[randita]

The GOP got Obama to go on record as saying tax cuts stimulate the economy after Obama claimed for two years that the Bush tax cuts destroyed the economy.

In addition to being incompetent, the man is a duplicitous fool.

[campaignPete R-CT]

"... we have managed to put Obama on the record for supporting the extension ..."

And Obama shares credit and the American public might agree with you that they like this combination of DEM-POTUS and GOP-Congress, which will help the Obambi re-election campaign.

Sounds to the public like the GOP agrees with Obambi on the tax issue. Obambi must be pretty reasonable if the GOP signed on so quick. And which of the "tax cuts" was made permanent? None of them. They all still carry an expiration date.

Our new GOP slogan: "Bringing you expiring tax cuts since 2001."

[Revolting cat!]

If it's passed by House, Doctor, it'll be Hugh Series!

[crz]

Well...I feel like I am in steerage. Hell..I am the poor sucker who gets to try and bail the GD thing out!..thats a better way to put it.

[GeronL]

The fact that these cuts are not permanent is also a GOP failure. So you are saying they won’t be made permanent next year either?

[GLDNGUN]

So, is Obama going to campaign against “his” tax cuts in 2012? Yes or no?

[Paleo Conservative]

Bringing back the death tax, abandoning the idea of Paygo and mounting more debt spending for unemployment benefits and allowing Bush’s tax cuts to become Obama’s tax cuts.

Yeah.... that is some win.

We can revisit these issues the next time the tax cuts come up for renewall. GLDNGUN is right, by just extending the tax cuts by two years, the DemocRATS will have to go through this pain again before 2013.

[Hostage]

“So, you agree with liberals that getting rid of Bush’s tax rates won’t hurt the economy, right?”

What part of your butt did you pull that out from?

I am a FairTax advocate. I believe the federal government has no business in my income or investments. I believe we need to get the federal government out of our paychecks and focused on cutting their spending.

Bush’s tax cuts were window dressing. They should have surpassed Ronald Reagan’s tax cuts but they were intended only to say to conservatives “Look I gave you tax cuts”.

Not only that but I and millions of others worked ourselves to exhaustion to get Bush a second term and a GOP controlled House and Senate. We did that so that he would have the opportunity to pass real lasting historical tax reform and he blew it, he squandered the opportunity.

Instead he backslapped the Swift Boat veterans and tried to give us Harriet Myers for Supreme Court Justice and so many other poor choices such as pushing comprehensive immigration reform and advocating for the Marxist inspired New World Order Law of the Sea Treaty.

George W. Bush and his father were both poor presidents with the only distinction that they smelled less worse than the Clintons, Gore and Kerry.

[Paleo Conservative]

The fact that these cuts are not permanent is also a GOP failure. So you are saying they won’t be made permanent next year either?

It's not a failure. We currently only have 42 Republicans in the Senate. If you want permanent tax rate cuts or a roll back to the Reagan tax cuts, we'll have to have a Republican majority in both the House and Senate and have a Republcian president. The extention of tax cuts past 2012 will be the biggest issue in the 2012 presidential election.

[muleskinner]

we've been told by conservatives and economists that if Bush's tax cuts are allowed to expire that it would be absolutely devastating to the economy.

I've heard this also. I think it was from Kudlow, or someone from Hoover Inst. on Bachelor. The "Filthy Rich" /s/ (and not so filthy rich who pay attention to their portfolio's), are all set to dump most of their stocks on the 12/15 if the tax rates revert to the pre-Bush numbers, resulting in a hugh crash.

If that scenario played out, Obama could blame the Republicans for the crash-(because he has the Bully Pulpit and the MSM would endlessly parrot his screed) and letting 2 million Americans suffer in the Christmas season with no unemployment dough.

A nice start to the year for the new Congress. /s/

[AGreatPer]

Nothing is in stone yet.