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John Boehner speaks of tax compromise

Chappy

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Finally, something Democrats and Republicans can agree on. :cool:

Excerpted from “John Boehner speaks of tax compromise” By MARIN COGAN, Politico, 9/12/10 8:31 AM EDT
[SIZE="+2"]H[/SIZE]ouse Minority Leader John Boehner said he would be willing to vote for a bill that phased out the Bush tax cuts for the wealthiest Americans provided that it extends tax cuts for the middle class, signaling for the first time a rare opportunity for negotiations between the two parties ahead of a contentious legislative debate. …
 

Chappy

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Of course what Democrats and Republicans appear to be on the verge of agreeing on is to further increase the indebtedness of the next generation.

I support one time, limited stimulative spending, but, I oppose permanent economic irresponsibility. It's time Americans came to terms with their budget deficit and how it will be constrained; one of those solutions will be for those that can, paying more.
 

texmaster

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Too early. Let's wait until the election actually puts him in the driver's seat
 

hazlnut

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Of course what Democrats and Republicans appear to be on the verge of agreeing on is to further increase the indebtedness of the next generation.

I support one time, limited stimulative spending, but, I oppose permanent economic irresponsibility. It's time Americans came to terms with their budget deficit and how it will be constrained; one of those solutions will be for those that can, paying more.
Warning! You're about to be called every name in the far-right playbook.
 

KeeKee

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It's midterms. Play to the 98% voters. Once you get the people in you want then reinstate the tax cut for the top 2% and make it permanent.
Short term play for long term goal.
 

Redress

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Too early. Let's wait until the election actually puts him in the driver's seat
He has to worry about the midterms. If republicans vote against the tax cut extension it will be easy ammunition for liberals. Boehner is setting the ground for the republicans to give on an issue they cannot afford to fight.
 

Objective Voice

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Finally, something Democrats and Republicans can agree on. :cool:
nice to see him getting on board
Finally!!!!!!! A Party of Maybe!!!!!!!
It's midterms. Play to the 98% voters. Once you get the people in you want then reinstate the tax cut for the top 2% and make it permanent. Short term play for long term goal.
It's good to hear Sen. Boehner finally showing some willingness to meet somewhere in the middle on economic policy going forward. Of course, KeeKee makes a good point. There's nothing to stop Boener from projecting an attitude of compromise now and then change his mind after the midterm elections and hold firm to partisan ideology. Still, the mere fact that he's talking compromise has to mean that Boehner acknowledges that the Republicans really don't have an alternate viable solution to the country's economic problem. But we shall see what the new Contract w/America has to offer in the coming days.
 

TurtleDude

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Of course what Democrats and Republicans appear to be on the verge of agreeing on is to further increase the indebtedness of the next generation.

I support one time, limited stimulative spending, but, I oppose permanent economic irresponsibility. It's time Americans came to terms with their budget deficit and how it will be constrained; one of those solutions will be for those that can, paying more.
we need everyone paying more so that everyone realizes that increased government spending is going to cost everyone money

this nonsense of telling the vast majority of voters only the rich need to pay more will never cause the majority to realize that the increased spending has to end
 

Donc

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Kinda look like Boehner had a vision of what the headlines would read, next month, if he said NO once again. “ REPUBLICANS BLOCK MIDDLE CLASS TAX CUTS”. :2wave:
 
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TurtleDude

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Warning! You're about to be called every name in the far-right playbook.
from each according to their ability

where Have I heard that before?
 

Objective Voice

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we need everyone paying more so that everyone realizes that increased government spending is going to cost everyone money

this nonsense of telling the vast majority of voters only the rich need to pay more will never cause the majority to realize that the increased spending has to end
I'm sure the President's position on tax cuts has been viewed that way, but the reality is there has to be a revenue stream within the American tax base somewhere. The nation had a deficit before Obama came into office. If this were just a matter of paying down the debt or getting the deficit under control I'd be right on that bandwagon that says "no tax increases for anyone." But the present economic climate isn't conducive to do that. Instead, we have to generate revenue somewhere while also stimulating job growth while also paying down the deficit.

The only viable way to do that is to allow the greater number of consumers who have the ability to influence productivity in various domestic markets while also imposing taxes on that segment of the consumer base that can afford to pay into the tax system - the wealthy. And let's be honest, even if you tax the wealthy more at this point, they'd very likely earn more through the investments they already have in place over the long term anyway since they are the only economic class who can afford to make investments. Granted, they would have more to invest if they weren't taxed at a higher rate, but considering that most wealthy individuals will seek ways to conveniently invest their pre-tax dollars in a variety of ventures anyway, I doubt their post-tax earnings will be that adverstly affected.
 
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Deuce

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Kinda look like Boehner had a vision of what the headlines would read, next month, if he said NO once again. “ REPUBLICANS BLOCK MIDDLE CLASS TAX CUTS”. :2wave:
Yeah, the GOP is in a tough spot here. Despite their attempts to paint this "coming tax increase" as Obama's liberal cronies raising taxes, the public is well aware that these were Bush's tax cuts set to expire. The GOP has also been shouting the "CUT DEFICIT" line, but you can't really cut taxes and cut the deficit at the same time. Tax cuts when running a huge deficit are also known as "borrow more money." Not something the public wants.

Keeping all of the tax cuts further increases the deficit problem, but letting all of them expire takes money out of the pockets of Americans at a time when we need them to spend spend spend to get the economy going. I think, for now, this is the best compromise. Keeps more money in the hands of the vast majority of Americans so that they'll spend more and keep things running. Hopefully.

People often forget that while the wealthy "create jobs," it's the masses that actually create the demand for those jobs. There's no reason to hire 10 more waiting staff at a restaurant if nobody is coming in to eat there.
 

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People often forget that while the wealthy "create jobs," it's the masses that actually create the demand for those jobs. There's no reason to hire 10 more waiting staff at a restaurant if nobody is coming in to eat there.
This has been the argument many of us have been making for quite some time. I'm glad Boehner has finally begun to listen to the logic of it. Once things settle down, the unemployment numbers come back down to something more reasonable and a good portion of the deficit is paid down, I can see proposing to bring taxes more inline with where the economy needs them to be for everyone. Until then, I think its prudent to allow tax cut for that portion of the nation that can create demand for goods and services. As Republicans are fond of saying, "let the market determine the demand". The market = consumers. The consumer = People.
 

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You can't make a deal with a snake, and I want to see Conservatives become the Party of Hell NO when it comes to dealing with the Amateur in Chief causing more destruction to the economy.
 
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TurtleDude

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I'm sure the President's position on tax cuts has been viewed that way, but the reality is there has to be a revenue stream within the American tax base somewhere. The nation had a deficit before Obama came into office. If this were just a matter of paying down the debt or getting the deficit under control I'd be right on that bandwagon that says "no tax increases for anyone." But the present economic climate isn't conducive to do that. Instead, we have to generate revenue somewhere while also stimulating job growth while also paying down the deficit.

The only viable way to do that is to allow the greater number of consumers who have the ability to influence productivity in various domestic markets while also imposing taxes on that segment of the consumer base that can afford to pay into the tax system - the wealthy. And let's be honest, even if you tax the wealthy more at this point, they'd very likely earn more through the investments they already have in place over the long term anyway since they are the only economic class who can afford to make investments. Granted, they would have more to invest if they weren't taxed at a higher rate, but considering that most wealthy individuals will seek ways to conveniently invest their pre-tax dollars in a variety of ventures anyway, I doubt their post-tax earnings will be that adverstly affected.
that scheme is guaranteed to lead to more deficit spending. as long as a majority of voters demand more government without paying for it and those who pander to them only seek to raise the taxes of the rich, the majority will never feel a need to reign in governmental out of control spending

it really isn't about the rich even though the rich clearly pay far more than they should to a government that is far bigger than it should be--its about the fact that far too many people have representation without taxation
 

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Problem is small business fall in this category. Tax increases will not help the economy. Show how increasing taxes will create jobs.

Since this was said I expect Obama and democrats to move the goal posts.
 

TurtleDude

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Sean Hannity says that all the time when he's trying to misinform his viewers...
that is another hall of fame of the stupid comments. Someone just said those who can pay more (I believe everyone can pay more btw-poor people don't need computers etc if they clamor for more government services) should pay more which is clearly a From each according to their ability

deny it if you want

how is Hannity misinforming his viewers --that makes no sense
 

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we need everyone paying more so that everyone realizes that increased government spending is going to cost everyone money

this nonsense of telling the vast majority of voters only the rich need to pay more will never cause the majority to realize that the increased spending has to end
Bush borrowed $500 billion from China so he could give a tax cut to the wealthy.
 

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that is another hall of fame of the stupid comments. Someone just said those who can pay more (I believe everyone can pay more btw-poor people don't need computers etc if they clamor for more government services) should pay more which is clearly a From each according to their ability

deny it if you want
You asked where have we heard that before -- I answered, Hannity says it all the time...

Do you deny that Hannity says it all the time when trying to reinforce false beliefs about Dem policy and socialism?

how is Hannity misinforming his viewers --that makes no sense
Since you asked:

1) Straw Man fallacy (climate, Dem policy)
2) Cherry-picking (health care reform, stimulus bill, partisan attacks on Dems)
3) Red Herring (Obama's middle name, faith)
4) False Dilemma (GOP vs Dems)
5) Guilt by association (Dems)

It's 1 hour of GOP propaganda every night, or, as Fox likes to call them, News-based opinion shows.
 

TurtleDude

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Bush borrowed $500 billion from China so he could give a tax cut to the wealthy.
can you prove the cause and effect?

I think you are making that up and I think your envy of the rich is pathetic
 

TurtleDude

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You asked where have we heard that before -- I answered, Hannity says it all the time...

Do you deny that Hannity says it all the time when trying to reinforce false beliefs about Dem policy and socialism?



Since you asked:

1) Straw Man fallacy (climate, Dem policy)
2) Cherry-picking (health care reform, stimulus bill, partisan attacks on Dems)
3) Red Herring (Obama's middle name, faith)
4) False Dilemma (GOP vs Dems)
5) Guilt by association (Dems)

It's 1 hour of GOP propaganda every night, or, as Fox likes to call them, News-based opinion shows.
I don't listen to Hannity but I know that what I said was accurate

Speaking of propaganda have you apologized for lying about claiming that dropouts (I guess that hits hard) vote more for dems?
 
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