Saturday, October 2, 2010

Democrats Tax Trap Left Empty

The taxes of tyranny are already too high, and they just do not get it.

"Democrats to delay vote on tax cuts" by Ryan J. Donmoyer, Bloomberg News  |  September 27, 2010

WASHINGTON -- Democrats so far haven’t succeeded in forcing Republicans to choose between passing tax cuts that benefit 97 percent of taxpayers and facing political attacks for opposing them, said Henry Aaron, an economist at the Brookings Institution in Washington.

“The Democrats have allowed the debate to be framed as whether it is a good idea to raise taxes on anyone.’’ Aaron said.  

We have had ENOUGH of TAXES to pay for TYRANNY and WARS (with banks looting the rest)!!

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Related: Senate Democrats delay tax cut vote

Tax cuts may face vote in House

Also see: Primary Party: Tax Trap

Looks like some Democrats want to save their skins, too:

"Democrats break ranks, ask for continuation of tax cuts

WASHINGTON — Forty-seven House Democrats — enough to give Republicans a victory on taxes if the issue came to a vote — are breaking ranks with President Obama by calling on party leaders to continue Bush-era tax cuts on investment income....

See how the SAME INTERESTS are ALWAYS BEING SERVED?

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Related:

"Goldman Sachs Group Inc. said in a research note released Sept. 22 that even a temporary failure by Congress to extend the cuts may erase US economic growth in the first half of next year....   

Well, if anyone would know those economy-crashing thieves would.

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Too bad the pubwic ain't buyin' it, huh?

"Middle class tax-cut issue backfiring on Democrats" by Matt Viser, Globe Staff  |  September 30, 2010

WASHINGTON — President Obama’s urgent call for Congress to immediately extend tax breaks for the middle class was supposed to create a defining Democratic issue and cast Republicans as defenders of the rich on the eve of crucial midterm elections. Now, three weeks later, Democrats are further divided and Republicans are using the tax cut issue to their advantage.  

You guys can't do anything right, can you?

The House and Senate adjourned last night, leaving the central pocketbook issue to be decided after the Nov. 2 midterm elections — and just weeks before the tax cuts are set to expire. That indecision injects more uncertainty into whose taxes will go up, and by how much.

Democrats worry that they have been robbed of their most valuable populist talking point: that cuts on income taxes should be extended for the middle class, but not for the wealthy....

The tax cut extension is expected to remain a political issue over the next few weeks, but not in the way Democrats had initially intended. Rather than using it on the campaign trail against Republicans, Democrats could find themselves on the defensive as the GOP yesterday began framing the vote delay as an example of government ineptitude and cowardice.

“The failure to have a vote on the expiration of the tax cuts, knowing that they were coming, with a majority in the House and Senate, makes the president and the Democratic leadership of Congress look even more incompetent,’’ Republican strategist Karl Rove, a former senior adviser to President George W. Bush, said in an interview.  

That's who the Globe is calling up, huh?

A national GOP group has sent out press releases targeting Democrats in key races, including Representative Niki Tsongas of Lowell, contending they put their own interests over those of taxpayers by avoiding a vote that could be perceived as a tax increase on the wealthy.

Now, the tax question awaits action in a lame-duck session in November and December, when it will be among the top issues of a crowded agenda.  

They can't WAIT and do what WE WANT instead? 

Some think that with the election-year posturing removed, a resolution to the issue should be easier to reach; others think the two sides could become even more entrenched.....

Republicans, along with some moderate Democrats facing close elections in conservative districts and states, argue that all the cuts should be extended to bolster a shaky economic recovery. Obama, and most Democrats, argue that the continued tax cut for the rich is not worth the cost of almost $700 billion over 10 years....   

About the same as the TARP you gave to the banks. 

How many trillions the wars costs so far?

Democrats would still hold the majority during a lame-duck session, but their position against tax cuts for the wealthy could become untenable if voters resoundingly repudiate their agenda.  

Their positions have already been repudiated, and will only be formalized in November. 

The debate could be further complicated if Democrats lose their Senate seats in states where the winner may be seated immediately. A Republican win in Illinois, Colorado, Delaware, or West Virginia would make it easier for them to stifle the Democrats’ plan through a filibuster....

Much of the turmoil this election season has been among Republicans and the ascendant Tea Party movement. But at least on Capitol Hill, the party has been united in blocking Democratic objectives. In the Senate, at least three moderates — Ben Nelson of Nebraska; Kent Conrad of North Dakota; and Joseph Lieberman of Connecticut — joined them in saying tax cuts must be extended for everyone.

When asked why his party could not agree on a plan, Senator Chris Dodd, Democrat of Connecticut, said simply, “Because we’re Democrats.’’  

Bye, Chris. 

Related: Senate Sends Along Financial Fraud Bill

That's his crowning achievement?

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And now I hear he is going to become a lobbyist (like his wife)? 

See: On K Street, An Ex-Senate Staffer Is Worth $740,000 A Year 

Oh, just his staff.