Republicans reject tax hike, push cuts in "fiscal cliff" offer

Comments (38)
thoma wrote:

Republicans have no option but to agree to higher rate for the 2%. For that matter they should also agree to higher gasoline tax. I respect their cause of smaller government but the way they are handling the fiscal crisis is going to push the burden on the middle class. They need to forego their far right base on all fronts except smaller government. The consequence of no deal will be a stock market in disarray and higher interest on our debt. We need low interest now only to stimulate further recovery but also to lessen the burden on our 16 trillion debt. With Greek style interest rates our economy will mimic that of Greece. Republicans need to hold their fire to get us past this emergency room. They can continue to fight government spending in 2013 by highlighting waste and graft and punishing the culprits rather than being so general in their specifics.

Dec 03, 2012 10:58am EST  --  Report as abuse
thoma wrote:

Republicans have no option but to agree to higher rate for the 2%. For that matter they should also agree to higher gasoline tax. I respect their cause of smaller government but the way they are handling the fiscal crisis is going to push the burden on the middle class. They need to forego their far right base on all fronts except smaller government. The consequence of no deal will be a stock market in disarray and higher interest on our debt. We need low interest now only to stimulate further recovery but also to lessen the burden on our 16 trillion debt. With Greek style interest rates our economy will mimic that of Greece. Republicans need to hold their fire to get us past this emergency room. They can continue to fight government spending in 2013 by highlighting waste and graft and punishing the culprits rather than being so general in their specifics.

Dec 03, 2012 10:58am EST  --  Report as abuse
Stickystones wrote:

Republicans should hold the line on any revenue increases until the President is ready to bargain. His offer to control the debt limit is an obvious ‘finger in the eye’ to the Speaker and the House of Representatives. Republicans have little to lose by doing nothing unless the President wants to be productive. Let the tax cuts expire, the across the board spending cuts kick in. If Obama still wants to be Emperor then don’t pass any budget, continuing resolutions or debt limit increase – shut the government down. In November 2014 we’ll sort this thing out again, or not.

Dec 03, 2012 11:35am EST  --  Report as abuse
kenezen wrote:

There should be a mandatory Work Session meeting at White House with Locked Doors until fiscal cliff agreement! Pres. VP + Majority & Minority Ldrs of Congress and small staffs.

NO Holiday Christmas or New Year unless a settlement is reached!

300+ American citizens and non citizens would cheer!!

Unions meet with corporations to settle problems!
Corporate leaders meet with boards to solve problems!

Let’s quit the Kabuki theater this is too important!

Dec 03, 2012 12:22pm EST  --  Report as abuse
AlkalineState wrote:

The republicans have already lost on this. If they keep delaying and stalling, the Bush tax cuts expire and the spending cuts happen automatically in January. Like most of America, I hope that happens. There is no cliff. It was a media term to begin with. The reason the republican politicians have zero leverage on this is because they have wasted their time worrying about birth certificates and the ‘horrors of Bengazi’ on AM radio instead of actually doing something.

Dec 03, 2012 1:07pm EST  --  Report as abuse
AlkalineState wrote:

Stickystones writes: “Republicans should hold the line on any revenue increases until the President is ready to bargain.”

Good idea. And when no deal is struck, the revenue increases go into effect anyway in January…. and the GOP gets no concessions at all, except to pound a different color of sand this time.

Good times. Now wonder the republican politicians are becoming irrelevant. They forgot how to negotiate because they started thinking they shouldn’t have to. Their choice.

Dec 03, 2012 1:15pm EST  --  Report as abuse
fromthecenter wrote:

Let the cliff come…

Dec 03, 2012 4:53pm EST  --  Report as abuse
sidevalve56 wrote:

I always got a chuckle from the term “fiscal cliff” when used to refer to the expiring tax cuts…if this relatively small number is a “cliff”, what the hell do you call 16 trillion in debt…fiscal orbit re-entry?

Dec 03, 2012 4:59pm EST  --  Report as abuse
RSaltyDog wrote:

Just not good enough. Jump the cliff. Get rid of the Bush Tax Cuts, everyone pays more, major cuts in the bloated Defense budget ie: CEO’s of defense industries, and tells Norquist/TEAParty they are not relevant in the GOP. The TEA has ruined the GOP. I was a Republican for 35+ years, now an Independent and I will not return to the GOP until they dump Norquist, TEA and religious zealots.

Dec 03, 2012 5:06pm EST  --  Report as abuse
Binary wrote:

And then Stickystones said: ‘…shut the government down.’

I wish I shared your confidence that when you plan to start it up again at some point in the future, it actually will.

Dec 03, 2012 5:15pm EST  --  Report as abuse
Crash866 wrote:

RSaltyDog
Notice you are not a democrat…what have the done to offer a solution

Dec 03, 2012 5:19pm EST  --  Report as abuse
AlkalineState wrote:

Time to stop greasing the books with Bohner-Butter. Let the ‘cliff’ happen.

Dec 03, 2012 5:20pm EST  --  Report as abuse
flashrooster wrote:

Boy that’s sad. Bohner and the Repubs want to make cuts to programs that help the poor and Middle Class while protecting tax cuts for the rich at a time when they’re already paying record low amounts in taxes and are the only group whose income continues to increase. These are the same people who have bought out our government from us, the same people who insist on keeping an embarrassingly inefficient absurdly expensive healthcare system that’s breaking average Americans. The same people who keep us spending trillions on defense and keeping our wars alive and well, while they, themselves, avoid service. And we’re suppose to do THEM a favor by keeping their taxes at historic lows? Please. It’s obscene and disgusting. I welcome the fiscal cliff. Enough of this oppressive BS.

Dec 03, 2012 5:31pm EST  --  Report as abuse
oldschool wrote:

As usual, the Republicans will go to the wall to protect the rich. Their “solutions” always involve giving to those who need it least, while taking away from those who need it most.

Dec 03, 2012 5:46pm EST  --  Report as abuse
zachyaz wrote:

The argument that the Democrats keep making is that rich people pay less in taxes (17%) than the middle class who pay 25%. The income tax rate on the rich is already 35%, but if the rich are only paying 17% it is because most of their income is in capital gains and dividends. If we want to make the tax system fair, rich people need to pay a higher rate on capital gains and dividends. Their tax rate is already higher, and increasing it will not help.

Dec 03, 2012 5:58pm EST  --  Report as abuse
AlkalineState wrote:

Today’s Headline:

“Bohner Shows Spunk, Comes up Short.”

Dec 03, 2012 6:13pm EST  --  Report as abuse
flashrooster wrote:

So, are the Republicans thinking that if they don’t make a deal and we go over the fiscal cliff, causing the Bush tax cuts to expire, then Grover won’t be able to blame them for raising taxes? Is that what’s really going on here? Man, what a bunch of unAmerican spineless cowards.

Dec 03, 2012 6:24pm EST  --  Report as abuse
ccharles wrote:

What they are doing is lumping the bush tax cuts with the Sequestration Transparency Act of 2012. They are going to renege on the law and rewrite it so they dont cut much, impliment the affirmative action (fairness askew) on taxes, and lie till medicare and ss is broke and those that have worked for 40 years will have nothing left but a broken system.

Dec 03, 2012 6:31pm EST  --  Report as abuse
AlkalineState wrote:

Zachyaz, the Democratic proposal includes exactly that. Raising the rate on dividends and capital gains to match income tax rates, for those earning greater than 200K.

Dec 03, 2012 6:42pm EST  --  Report as abuse
Fbear0143 wrote:

Paul Krugman was right today about the GOP/ I just hope he was also right about Obama. The repugs have left their rears exposed for all the voters to see where their con game leads. I just hope Obama sticks to his guns and doesn’t cavde on his bi-partisan schtik.

Dec 03, 2012 6:48pm EST  --  Report as abuse
AlkalineState wrote:

Republicans propose to eat for free, have Paul Ryan do fake dishes.

Dec 03, 2012 6:54pm EST  --  Report as abuse
NJ989 wrote:

Reuters holding the leftist line.

Come on guys don’t be so transparent … you’re supposed to be neutral :-)

Dec 03, 2012 7:52pm EST  --  Report as abuse
usagadfly wrote:

The only way the military and wars budget will be cut at all is if we go over the cliff. The only way the rich will see significant tax increases will be if we go over the cliff.

The bottom 90% of the population, properly called the “People” in our founding documents, will see major tax increases together with major benefit cuts whether we go over the cliff or not. So it is a “no brainer” decision. Over the cliff! Over the cliff! After, we can get the Government off the backs of the 90%, minus the coddled international rich and minus an overpaid Imperial military.

There is no reason at all to negotiate.

Dec 03, 2012 7:59pm EST  --  Report as abuse
xyz2055 wrote:

If Obama will stick to his guns, then the Republicans have already lost. If they don’t make a deal..then taxes increase for everyone by around $400B a year. Let’s see how happy their base will be with that. Can you say a major turn over in the next election cycle of Republicans? So the question is, are the Republicans willing to lose their jobs over a handful of rich people getting preferential tax breaks that we can’t afford?

Dec 03, 2012 7:59pm EST  --  Report as abuse
altalks21 wrote:

If we want the gov.t to spend less on entitlements, then let’s get the super rich & their large corporations off of government welfare, take away all their tax breaks & tax loopholes & other entitlements & let our American Capitalist FREE MARKET determine their fate.

Dec 03, 2012 8:59pm EST  --  Report as abuse
jjsedona1 wrote:

Didn’t the election tell the conservatives that the American people want the wealthy to pay their fair share of taxes? I do not understand their thinking. Ever poll tell the same thing.

Dec 03, 2012 9:11pm EST  --  Report as abuse
Mott wrote:

How demeaning to these “conservatives” to bend-back so much to serve the top one-percenters.. and try to put some proud face.

Dec 03, 2012 9:57pm EST  --  Report as abuse
Mott wrote:

@zachyaz – agree.

Income taxes are the start to be followed-up with capital gains and dividends where the real reform is needed to make some meaningful difference.

Dec 03, 2012 10:07pm EST  --  Report as abuse
bates148 wrote:

@Fbear0143 I wouldn’t take Paul Krugman seriously. He has been wrong numerous times – once he predicted China would halt big growth by 2000 and boy was he wrong…

Dec 03, 2012 10:20pm EST  --  Report as abuse
Lowell_Thinks wrote:

Going off the fiscal cliff will be the best thing that ever happened to this country. Obama is cocky, having been elected by grown up anchor babies with their hands out for more give aways. I got my helmet on, let’s go over the cliff, I’m ready.

Dec 03, 2012 10:21pm EST  --  Report as abuse
xyz2055 wrote:

“White House communications director Dan Pfeiffer says the GOP proposal would lower tax rates for the wealthy and stick the middle class with the bill. He says the plan includes nothing new and provides no details on how it would achieve higher revenues.”

Nice job GOP!

Dec 03, 2012 10:24pm EST  --  Report as abuse
Mandingo wrote:

Boner looks like GW’s dumb uncle with a sunbed tan.

Repubs just dont get the fact that hundreds of millions of Americans voted for the guy who said he would raise a small amount of money from the rich. Somehow they think throwing in their lot with the rich will buy them access to the WH? Kind of like Assad trying to keep on being Syrias Dictator – he also doesn’t get it..

Dec 03, 2012 10:32pm EST  --  Report as abuse
BioStudies wrote:

@Mandingo hundreds of millions of Americans voted for Obama huh? Nice math.

Dec 03, 2012 11:26pm EST  --  Report as abuse
flashrooster wrote:

At no time since the Civil War has America seen such a serious attempt to make the Great American Experiment a failure as we’re seeing now on the part of the Republicans. Say what you want about the Democrats, they’re certainly not without their faults, but they’re pretty much as they’ve always been. They haven’t swung out to any extreme. And if you want to argue that, yes, the Dems are like they’ve alway been–bad, then ask yourselves if you think the country is being better governed now or were we governed better in the past. Few, if any, will say we’re being governed better now. The point is this: If the Democrats are pretty much as they’ve always been, with both their pros and their cons, then it mustn’t be the Democrats who are causing our nation to stray so far from our better governed past. It’s the Republicans who have taken the entire country on a dangerous ride to the extremes.

Science can’t be trusted, so substitute science with the religion of hypocritical law makers; Democrats are communists and should be prevented from doing anything; only the rich matter and shouldn’t have to pay anything in taxes; trust everything you hear from Republicans and their media talking heads; global warming is a myth; white male Republicans know what’s best for women and their bodies; spending billions on nation building in other countries is good. Spending billions on nation building here in America is terrible and represents redistribution of wealth; everyone on earth is bad and should be criticized except for America’s conservatives; income inequality is not a topic that should be discussed in public. Only in “quiet rooms”; today’s Republicans have a better plan for America than America’s past leaders; democracy is fine, but when it comes to actual decision making, only Republicans should be given power. There’s just no end to this crazy train.

Our only hope is that Americans wake up and turn on the GOP. There are definite signs that that is beginning to happen, like in the last election. If it wasn’t for gerrymandering the Republicans wouldn’t have zip. Democrats actually received more votes in the House races than Republicans. And even with gerrymandering, the Democrats picked up, I believe it’s 9 seats in the House. And yet the Republicans pretend that they have a mandate. That’s why they can’t be trusted. They are seriously delusional and are clearly willing to bypass the will of the governed to force their agenda on our nation.

Dec 03, 2012 11:28pm EST  --  Report as abuse
DeSwiss wrote:

”….we have this one party that essentially is not dealing in the facts right now…we’re not comfortable saying, ‘Hey, that’s bull!’ We have to pretend to agree that they’re not full of it.” ~Michael Grunwald, Time Senior National Correspondent

Reuters, take note……

Dec 04, 2012 12:22am EST  --  Report as abuse
gregbrew56 wrote:

“Anti-tax activist Grover Norquist has been in the spotlight as he pressures Republicans to stick by a pledge many have signed to oppose any tax increases.”

Why does this moron even get his name mentioned in the media. I don’t recall him being elected to ANYTHING!

I DO remember electing large numbers of representative that pledged to uphold the U.S. Constitution and to represent and serve the interests of their constituencies. Why are they beholden to this nobody who shares a name with a Sesame Street character? Everyone that has pledged an oath of fealty to Norquist does not deserve to serve a tennis ball.

Dec 04, 2012 12:32am EST  --  Report as abuse
xyz2055 wrote:

gregbrew56…because Grover Norquist is EXTREMELY well connected. Jacking with him might impact your campaign funding next election cycle.

Dec 04, 2012 2:45pm EST  --  Report as abuse
AlkalineState wrote:

Republicans now throwing out teabaggers from serious meetings. It’s about time.

Dec 04, 2012 4:13pm EST  --  Report as abuse
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