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Old 07-22-2010, 07:42 PM
 
Location: Chicagoland
41,313 posts, read 42,204,825 times
Reputation: 7112

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Dems may keep Bush tax cuts - TheHill.com

Quote:
Democrats are considering a plan to delay tax hikes on the wealthy for two years because the economic recovery is slow and they fear getting crushed in November’s election.

“I think the recovery is sufficiently fragile that we ought to leave tax rates where they are,” said Rep. Gerry Connolly, a freshman Democrat from Virginia.

“People in the upper tax brackets have a huge impact, a disproportionate impact on consumer spending,” he said.
Even Sen Kent "never met a tax I didn't like" Conrad is for extending the tax cuts.

This is a pickle for the dems, no doubt. Obama promised his Lefty base during the campaign that he would let these tax cuts expire, Pelosi is for letting them expire as well, thereby implementing the largest tax increase ever, in a time of severe economic down turn.

What a pickle.

Review & Outlook: Liberal Tax Revolt - WSJ.com

Quote:
There's nothing like the prospect of an electoral rout to concentrate the incumbent mind, and so all of a sudden rank-and-file Democrats in Congress are saying maybe they shouldn't let the 2003 tax rates expire after all.

Mr. Obama and Nancy Pelosi think they can play their usual class war card to justify raising taxes on the rich, but that's risky political business with unemployment at 9.5%. Who do they think will create new jobs—people making less than $200,000 a year?
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Old 07-22-2010, 07:47 PM
 
20,950 posts, read 17,724,654 times
Reputation: 10270
They know the truth. End the tax cuts and EVERY American gets hit with higher taxes, unlike the dems and MSM talking points.
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Old 07-22-2010, 07:48 PM
 
Location: NC
1,250 posts, read 2,433,591 times
Reputation: 587
Nothing but a hail Mary pass. They are looking for ways to stay in power. IF I were a dem office holder I would start sending out my resume to PAC's and lobby groups asap
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Old 07-22-2010, 07:50 PM
 
Location: it depends
6,073 posts, read 5,810,417 times
Reputation: 5775
But the King's Jester, Tim "Tax Cheat" Geithner, has informed us that the King has already made up its mind to let the tax rates on the rich roll back up. What are these "senators" you speak of?
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Old 07-22-2010, 07:53 PM
 
Location: Texas State Fair
8,563 posts, read 10,432,780 times
Reputation: 4243
Even the Donks can smell November from DC.

I can visual Kristin Wiig as Madame Speaker using that on SNL this fall. Or as Barney Frank.
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Old 07-22-2010, 07:56 PM
 
20,950 posts, read 17,724,654 times
Reputation: 10270
Quote:
Originally Posted by tofurkey View Post
Even the Donks can smell November from DC.

I can visual Kristin Wiig using that on SNL this fall.
Harry "the most boring person on earth next to Al Gore" Reid said that he can smell "We the People" by our smell in the summer.
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Old 07-23-2010, 04:01 AM
 
76,691 posts, read 36,530,484 times
Reputation: 11061
Quote:
Originally Posted by marcopolo View Post
But the King's Jester, Tim "Tax Cheat" Geithner, has informed us that the King has already made up its mind to let the tax rates on the rich roll back up. What are these "senators" you speak of?
LOL...

Hmmmm... The Dem Congress and Obama not on the same page...
White House to Allow Tax Cuts for Wealthy to Expire - WSJ.com
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Old 07-23-2010, 11:27 AM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,894 posts, read 17,189,689 times
Reputation: 6460
Quote:
Originally Posted by sanrene View Post
Dems may keep Bush tax cuts - TheHill.com



Even Sen Kent "never met a tax I didn't like" Conrad is for extending the tax cuts.

This is a pickle for the dems, no doubt. Obama promised his Lefty base during the campaign that he would let these tax cuts expire, Pelosi is for letting them expire as well, thereby implementing the largest tax increase ever, in a time of severe economic down turn.

What a pickle.

Review & Outlook: Liberal Tax Revolt - WSJ.com








Obama and Pelosi play with a lot of Cards, Just not with a FULL DECK.
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Old 07-23-2010, 11:32 AM
 
5,721 posts, read 5,951,272 times
Reputation: 3616
This is a dumb strategy.

As part of the Democratic base, you want those tax hikes to stay in place so you have incentive to vote on election day. As part of the Republican base, you don't want these tax hikes to happen and don't trust the Democrats not to do it, so you have incentive to vote on election day.

If Democrats promise the same thing as Republicans, guess what? Republicans are still voting Republican but Democrats are just staying home on election day.

Proceed with caution Democrats.
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Old 07-23-2010, 11:32 AM
 
Location: Chicagoland
41,313 posts, read 42,204,825 times
Reputation: 7112
Quote:
Originally Posted by InformedConsent View Post
LOL...

Hmmmm... The Dem Congress and Obama not on the same page...
White House to Allow Tax Cuts for Wealthy to Expire - WSJ.com
Should be interesting to watch as obama throws those members of congress that went out on a limb for him (and are paying for it), under the wheels of his bus.
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