-Is he putting words into their mouths, or is this true?...
He pushed backed against criticism of the deal from some on the right, admitting “there are parts of this bill I do not like.”
“But the worst thing we can do is hit the economy with an across the board tax increase in January,” he said. “If we don’t pass this then we will have damage.”
Paul Ryan and the rest of the Republicans still don’t have a clue.
This whole bill stinks to high heaven. The Republicans, it looks like, haven’t learned a thing in the last election. They ar about to pass a bill that is nothing more than give away the treasury for the next 50 years. The spending attached would demand that taxes go up just to pay for it. I would be more than pleased if the bill were defeated or dropped and they started over again next year.
Fine, scuttle it. Give the country a taste of higher taxes and expired unemployment benefits for 3 weeks, then start over on Jan 21st when they’ll be clamoring for even MORE tax cuts - and deep spending cuts to go with it!
No Deal!
By the time this cold front makes its way from the Ohio river valley to Foggy Bottom, the Democrats might have to stick their hands in their own pockets.
(**baddaboom**)
The estate tax is disgusting. You work hard your whole life to leave something for your kids and the greedy politicians want to take it from them!!
I hope it fails. The GOP can do better next year without running up the deficit. This has become TARP2
It’s just damn confounding to me as to how a political party could be so dedicated/addicted to sticking it to people by using taxes.
They would have no problem at all giving unemployment checks to someone indefinitely, but feel that the government should step in and CONFISCATE what’s left of someone’s life’s work when they die and leave it to their children. It’s truly sick!
I can’t even begin to put myself in their place.
Let’s face it. Through their actions, it’s obvious that the democrats and liberals HATE anyone that succeeds and becomes wealthy. They punish the successful with their policies. Where they are shortsighted is they NEED wealthy people for taxes to fund their programs. Eventually they are going to keep this shit up until they kill their golden goose. Capital flight is going to be a bitch for them.
If there is gridlock on the death tax, the Feds will get 18% of the first dollar of inheritance graduated up to 55% at five million. There are a lot of progressives that want just this. This will be higher once the states get their mitts on your folkes hard earned and already taxed money. From each according to their ability, to each according to their need.
In 1776, this was called "double taxation". Today, we call it "business as usual".
How times have changed!