Republicans -- After Dunkirk

Discussion in 'Politics' started by Wehrwolfen, Jan 4, 2013.

  1. Wehrwolfen

    Wehrwolfen Senior Member

    May 22, 2012
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    Republicans -- After Dunkirk ​

    By Pat Buchanan
    Jan 04, 2013

    At the Potsdam conference with Harry Truman and Josef Stalin, Winston Churchill learned that the voters of the nation he had led for five years through World War II had just voted to throw him out of office.

    "It may well be a blessing in disguise," said his wife Clementine.

    "At the moment, it seems quite effectively disguised," replied Churchill.

    Republicans must feel that way today. For they have survived their own Dunkirk. They may have left their helmets, canteens and rifles behind, but they did finally get off the beach.

    That Republicans suffered a rout, as the British did with the fall of France and evacuation at Dunkirk in 1940, is undeniable.

    The party that blocked tax increases since George H.W. Bush agreed to raise Ronald Reagan's top rate of 28 percent to 35 percent, thus repudiating his "no-new-taxes" pledge, just signed on to one of the largest tax increases in history.

    Payroll taxes on working Americans will rise by a third, from 4.2 percent of wages and salaries to 6.2 percent. For couples earning $450,000, the tax rate rises from 15 to 20 percent on dividends and capital gains, and from 35 to 39.6 percent on ordinary income. The death tax will rise from 35 to 40 percent on estates over $5 million.

    Obamacare will push those rates up further. And now we learn the bill was stuffed with tax breaks for windmills, NASCAR owners and Hollywood.

    Why did Republicans go along?

    Had they not, taxes would have risen for everyone. And Obama would have postured as the tax-cutting savior of the middle class by proposing to restore the Bush tax cuts for every couple earning less than $250,000.

    What does this bill do to spur growth and create jobs? Nothing.


    Read more:
    The Republicans -- After Dunkirk - Pat Buchanan - [page]

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