The GOP Walked Out Over This??

[DontBeStupid]

Wonkbook: The debt-ceiling deal so far - Ezra Klein - The Washington Post

A bit more information has trickled out over the last few days detailing the exact state of the budget negotiations when they collapsed. Both sides, as they often said, were shooting for about $2.4 trillion in deficit reduction over 10 years. They'd already agreed on around $1 trillion in spending cuts and were making good progress on the rest of it. But Democrats insisted that $400 billion -- so, 17 percent -- of the package be tax increases. And that's when Republicans walked.

Specifically, the Obama administration was looking at a rule that lets businesses value their inventory at less than they bought it for in order to lower their tax burden, a loophole that lets hedge-fund managers count their income as capital gains and pay a 15 percent marginal tax rate, the tax treatment of private jets, oil and gas subsidies, and a limit on itemized deductions for the wealthy.

It's almost not worth going into the details on those particular tax changes because the Republican position has held that the details don't matter: well-designed tax increases won't be looked at any more favorably than poorly designed tax increases. The point, Republicans say, is that there can't be any tax increases, full stop.

Is there any doubt now where the loyalties of the GOP lie?

 

[WillowTree]

Where was Ezra Klein when the demonRats fled across the borders in Wisconsin?

 

[DontBeStupid]

Where was Ezra Klein when the demonRats fled across the borders in Wisconsin?

Seriously? The first reply and already you're trying to deflect and derail the thread?

 

[Antiderivative]

Rw kooks always find their fiscal conservative roots when they are out of power. Then they expand and bloat the government when they are in power.

This is not a new tactic for them. In fact, this facade is getting rather old.

 

[WillowTree]

Where was Ezra Klein when the demonRats fled across the borders in Wisconsin?

Seriously? The first reply and already you're trying to deflect and derail the thread?

You really want to neg rep me minus 2? for real.. 1...2...3...4...5...

 

[DontBeStupid]

Where was Ezra Klein when the demonRats fled across the borders in Wisconsin?

Seriously? The first reply and already you're trying to deflect and derail the thread?

You really want to neg rep me minus 2? for real.. 1...2...3...4...5...

Two posts and still not on topic? You gonna go for three? Or man up and respond to the topic at hand?

 

[WillowTree]

Seriously? The first reply and already you're trying to deflect and derail the thread?

You really want to neg rep me minus 2? for real.. 1...2...3...4...5...

Two posts and still not on topic? You gonna go for three? Or man up and respond to the topic at hand?

I did address the topic. where was Ezra Klein when the demonRats walked,,,errrr,, scurried out of Wisconsin? Do you know?

 

[Avorysuds]

We get it, neither part wants to fix the problem... Dems want to tax more despite it not fixing 1% of the problem and Reps are playing a game until they cave in.

 

[DontBeStupid]

You really want to neg rep me minus 2? for real.. 1...2...3...4...5...

Two posts and still not on topic? You gonna go for three? Or man up and respond to the topic at hand?

I did address the topic. where was Ezra Klein when the demonRats walked,,,errrr,, scurried out of Wisconsin? Do you know?

Fine, be a coward.

 

[driveby]

Wonkbook: The debt-ceiling deal so far - Ezra Klein - The Washington Post

A bit more information has trickled out over the last few days detailing the exact state of the budget negotiations when they collapsed. Both sides, as they often said, were shooting for about $2.4 trillion in deficit reduction over 10 years. They'd already agreed on around $1 trillion in spending cuts and were making good progress on the rest of it. But Democrats insisted that $400 billion -- so, 17 percent -- of the package be tax increases. And that's when Republicans walked.

Specifically, the Obama administration was looking at a rule that lets businesses value their inventory at less than they bought it for in order to lower their tax burden, a loophole that lets hedge-fund managers count their income as capital gains and pay a 15 percent marginal tax rate, the tax treatment of private jets, oil and gas subsidies, and a limit on itemized deductions for the wealthy.

It's almost not worth going into the details on those particular tax changes because the Republican position has held that the details don't matter: well-designed tax increases won't be looked at any more favorably than poorly designed tax increases. The point, Republicans say, is that there can't be any tax increases, full stop.

Is there any doubt now where the loyalties of the GOP lie?

No tax increases, whats the problem?

If all you assholes that believe so much in tax increases, why don't all you clowns get together and give the all knowing gubmnet more of your own money?.......

 

[JimH52]

Who is really shocked. The GOP knows where their dollars come from. Look at Rove's cash that he has pooled to unseat Obama. The Supreme Court has given the fat cats a blank check. This is all a political exercise for the repubs. They are in it to unseat Obama, even if the US economy has to come down with him.

 

[DontBeStupid]

We get it, neither part wants to fix the problem

That's not what I got from reading this. It seems that there is a lot of common ground between the two parties on where cuts can happen. That's actually a good sign. The problem seems to be with the GOP continuing to protect the uber-wealthy, even while screaming about needing to reduce the deficit. If we are to have shared sacrifice, and the social programs being cut mainly affect the poor and middle class, then where is the sacrifice from the wealthy?

 

[uscitizen]

And they pass a new tax break for NASCAR track owners.

 

[driveby]

Who is really shocked. The GOP knows where their dollars come from. Look at Rove's cash that he has pooled to unseat Obama. The Supreme Court has given the fat cats a blank check. This is all a political exercise for the repubs. They are in it to unseat Obama, even if the US economy has to come down with him.

The unions already had a blank check, i thought you moonbats liked things to be fair?......

 

[Jackson]

I am a fiscal conservative who feels that Boehner and the Elders have not stood their ground on demanding real cuts and a balanced budget where the new Republicans take their job more seriously and want to represent their constituency as they voted them in...to make a difference for the country.

That being said, I see problems with not taxing the rich more but allowing them still to hire, enough to cure our unemploymnent problem.

We have to remember when our soldiers come home, there will be more leaving the service and looking for jobs that just won't be there. We can't wear Dem or Rep blinders any longer. We have to look all around us.

Keep watching Greece. Our future lies there if we aren't careful. We have to work together. Let's forget the party labels.

 

[Avorysuds]

We get it, neither part wants to fix the problem

That's not what I got from reading this. It seems that there is a lot of common ground between the two parties on where cuts can happen. That's actually a good sign. The problem seems to be with the GOP continuing to protect the uber-wealthy, even while screaming about needing to reduce the deficit. If we are to have shared sacrifice, and the social programs being cut mainly affect the poor and middle class, then where is the sacrifice from the wealthy?

Obama is the most bought person in the history of the world, stop playing this partisian bullshit if you want to be taken seriously. And again, neither party wants to fix shit, the cuts they have provided amount to nothing so it does not matter if they agree.

 

[driveby]

And they pass a new tax break for NASCAR track owners.

I know, they should be taxed double so they end up shutting down, creating more unemployment that the democrats can blame on obstructionist republicans......

 

[peach174]

We get it, neither part wants to fix the problem... Dems want to tax more despite it not fixing 1% of the problem and Reps are playing a game until they cave in.

No it's the Dems who are playing games. The Senate Dems know that raising taxes will not pass the House. Repubs and some dems will not vote for it.

 

[Steelplate]

Wonkbook: The debt-ceiling deal so far - Ezra Klein - The Washington Post

A bit more information has trickled out over the last few days detailing the exact state of the budget negotiations when they collapsed. Both sides, as they often said, were shooting for about $2.4 trillion in deficit reduction over 10 years. They'd already agreed on around $1 trillion in spending cuts and were making good progress on the rest of it. But Democrats insisted that $400 billion -- so, 17 percent -- of the package be tax increases. And that's when Republicans walked.

Specifically, the Obama administration was looking at a rule that lets businesses value their inventory at less than they bought it for in order to lower their tax burden, a loophole that lets hedge-fund managers count their income as capital gains and pay a 15 percent marginal tax rate, the tax treatment of private jets, oil and gas subsidies, and a limit on itemized deductions for the wealthy.

It's almost not worth going into the details on those particular tax changes because the Republican position has held that the details don't matter: well-designed tax increases won't be looked at any more favorably than poorly designed tax increases. The point, Republicans say, is that there can't be any tax increases, full stop.

Is there any doubt now where the loyalties of the GOP lie?

Never was any doubt.

 

[DontBeStupid]

Obama is the most bought person in the history of the world

Bought by unions, which are, you know, people, is much more preferable than being bought by corporations, which are, you know, NOT people.