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View Diary: Conservative pundit explains why Republicans are screwed on taxes (137 comments)

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  •  I just do not agree with the apparently popular (0+ / 0-)

    notion around here that Obama has a fistful of aces in this game and he can just roll right over the top of the Republicans. Sure, he is in a strong position. But the Republicans still command a majority in the House. That is far from insignificant. At the end of the day, the deficit must be put on a downward path. To get there, we need increases in revenue and decreases in expenditures. It's important to the President to get Boehner and Co on board a deal. Ideally we want a budget passed with a big majority in favor. It would be suboptimal if we squeaked out a very narrow, bitter resolution. So I would counsel against too much saber-rattling. It's good to be committed to your part; just remember that there are people on the other side just as committed.

    For if there is a sin against life, it consists perhaps not so much in despairing of life as in hoping for another life and in eluding the implacable grandeur of this life. - Albert Camus

    by Anne Elk on Tue Nov 13, 2012 at 08:37:47 AM PST

    •  The GOP is in a box on this one. (0+ / 0-)

      Democrats felt no political pain on running a campaign in which they promised to raise taxes on the wealthy.  They have the leverage of the 12/31 deadline.  Obama has the power to take the issue of the top bracket tax rates out of the equation by simply letting them expire.  The remainder of the bargaining will be on extending the middle income tax cuts and staving off some of the spending cuts in the budget control act.

      The GOP will not sign their name to any bill that raises rates, which ironically means that rates will go up higher on AGI above 250k than if they negotiated with the President.

      Alternative rock with something to say: http://www.myspace.com/globalshakedown

      by khyber900 on Tue Nov 13, 2012 at 09:42:52 AM PST

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      •  Your first paragraph is moot. The election is over (0+ / 0-)

        Your second paragraph asserts something that is somewhat belied by the noises coming from quite a few Republicans. So I am far from agreement with you on that point. The House still has a Republican majority and that is significant. Boehner has a delicate task of trying to get his folks to get beyond the last ditch defense of the rich that's killing them in public opinion. I am clearly much more optimistic than you are that he will get many, if not a majority, of his caucus to follow him up that hill. Never say never.

        For if there is a sin against life, it consists perhaps not so much in despairing of life as in hoping for another life and in eluding the implacable grandeur of this life. - Albert Camus

        by Anne Elk on Tue Nov 13, 2012 at 10:37:06 AM PST

        [ Parent ]

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