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Boehner goes along with Obama Tax Plan

A

Anonymous

Guest
Boehner must be starting to read the polls...The majority of Americans think its time for the Fatcats to pay their share...

House G.O.P. Leader Signals He’s Open to Obama Tax Cut
By DAVID M. HERSZENHORN
Published: September 12, 2010

WASHINGTON — The House Republican leader, John A. Boehner, on Sunday opened the door to a compromise on the contentious issue of the Bush-era tax cuts, saying he would vote to maintain lower rates for families earning less than $250,000 even if President Obama and Democrats insisted on ending the cuts for wealthier Americans.

Americans OK Allowing Tax Cuts for Wealthy to Expire
by Jeffrey M. JonesPRINCETON, NJ --

According to a Gallup poll, a majority of Americans (59 percent) favor letting Bush tax cuts for the wealthy expire.

A majority of Americans favor letting the tax cuts enacted during the Bush administration expire for the wealthy. While 37% support keeping the tax cuts for all Americans, 44% want them extended only for those making less than $250,000 and 15% think they should expire for all taxpayers.


These results are based on an Aug. 27-30 USA Today/Gallup poll. The fate of the 2001 and 2003 federal income tax cuts that were a centerpiece of Bush administration policy could be a significant campaign issue this fall. The tax cuts are set to expire after this year unless Congress votes to extend them. Congress plans to take up the issue next week when it returns to session.

It appears as though Congress, like the American public, broadly agrees that the tax cuts should be extended for American families earning less than $250,000. The debate Congress will have this fall will be over whether to extend the tax cuts for wealthier Americans. Most Republicans and some Democrats in Congress are thought to favor extending them for wealthier Americans. President Obama said Wednesday that he is opposed to any plan that would extend the tax cuts for wealthier Americans.

The president's views on ending the tax cuts for wealthy Americans are in line with the views of the majority of rank-and-file Democrats. Meanwhile, the majority of Republicans want the tax cuts extended for all taxpayers, regardless of their income level. Independents' views fall between those of the two groups, but a majority (56%) would seem to endorse the idea of not extending tax cuts for higher-income Americans, whether or not they want them extended for middle- and lower-income Americans.
 

hypocritexposer

Well-known member
Hopefully the government makes the decision based on more thorough analysis than looking at a poll.

Polls can change drastically in a short period of time or be inaccurate. Which one is yours, OT?

bush-taxcut-chart.jpg
 

Whitewing

Well-known member
Oldtimer said:
Boehner must be starting to read the polls...The majority of Americans think its time for the Fatcats to pay their share...

And I can certainly see their point since the average American family is way overtaxed by the feds.

Nearly half of US households escape fed income tax

About 47 percent will pay no federal income taxes at all for 2009. Either their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability. That's according to projections by the Tax Policy Center, a Washington research organization.

http://finance.yahoo.com/news/Nearly-half-of-US-households-apf-1105567323.html?x=0&.v=1
 

Tam

Well-known member
Oldtimer said:
Boehner must be starting to read the polls...The majority of Americans think its time for the Fatcats to pay their share...

House G.O.P. Leader Signals He’s Open to Obama Tax Cut
By DAVID M. HERSZENHORN
Published: September 12, 2010

WASHINGTON — The House Republican leader, John A. Boehner, on Sunday opened the door to a compromise on the contentious issue of the Bush-era tax cuts, saying he would vote to maintain lower rates for families earning less than $250,000 even if President Obama and Democrats insisted on ending the cuts for wealthier Americans.

Americans OK Allowing Tax Cuts for Wealthy to Expire
by Jeffrey M. JonesPRINCETON, NJ --

According to a Gallup poll, a majority of Americans (59 percent) favor letting Bush tax cuts for the wealthy expire.

A majority of Americans favor letting the tax cuts enacted during the Bush administration expire for the wealthy. While 37% support keeping the tax cuts for all Americans, 44% want them extended only for those making less than $250,000 and 15% think they should expire for all taxpayers.


These results are based on an Aug. 27-30 USA Today/Gallup poll. The fate of the 2001 and 2003 federal income tax cuts that were a centerpiece of Bush administration policy could be a significant campaign issue this fall. The tax cuts are set to expire after this year unless Congress votes to extend them. Congress plans to take up the issue next week when it returns to session.

It appears as though Congress, like the American public, broadly agrees that the tax cuts should be extended for American families earning less than $250,000. The debate Congress will have this fall will be over whether to extend the tax cuts for wealthier Americans. Most Republicans and some Democrats in Congress are thought to favor extending them for wealthier Americans. President Obama said Wednesday that he is opposed to any plan that would extend the tax cuts for wealthier Americans.

The president's views on ending the tax cuts for wealthy Americans are in line with the views of the majority of rank-and-file Democrats. Meanwhile, the majority of Republicans want the tax cuts extended for all taxpayers, regardless of their income level. Independents' views fall between those of the two groups, but a majority (56%) would seem to endorse the idea of not extending tax cuts for higher-income Americans, whether or not they want them extended for middle- and lower-income Americans.

What I heard him say was
If the only option I have is to vote for some of those tax reductions, I’ll vote for it,”

If the only option Oldtimer but if there is any other option will he vote for it I doubt it. :wink:
 

hypocritexposer

Well-known member
Senate Minority Leader Mitch McConnell (Ky.) said on the Senate floor today that he is introducing legislation "that ensures that no one in this country will pay higher income taxes next year than they are right now."


Meanwhile, a spokesperson for McConnell said today that every Senate Republican has pledged to oppose any attempt to extend the Bush tax cuts that doesn't include an extension of the tax cuts for the wealthy. McConnell himself has given similar remarks.


"That's the kind of debate that unifies my caucus, from Olympia Snowe to Jim DeMint," McConnell said, the Washington Post reports, referring to the most liberal and most conservative Senate Republicans.

On the Senate floor today, McConnell said, "Only in Washington could someone propose a tax hike as an antidote to a recession."

http://www.cbsnews.com/8301-503544_162-20016227-503544.html




Yet while Mr. Obama digs his heels in, Senate Republicans are also holding firm. Perhaps more critically, five senators who caucus with the Democrats -- Joe Lieberman (I-Conn.), Ben Nelson (D-Neb.), Evan Bayh (D-Ind.), Kent Conrad (D-N.D.) and Jim Webb (D-Va.) -- have voiced support for the Republican proposal to extend all the tax cuts.

Furthermore, Boehner's flexibility on the issue complicates the Democrats' midterm election communications strategy -- which portrays the Republicans as the "party of No" -- while shifting pressure to moderate Democrats.


A number of politically vulnerable moderate Democrats in the House have also come out in favor the Republican position. Four House Democrats are currently collecting signatures for a letter they will send to House Democratic leaders this week, Politico reports, urging them to support a tax extension for all Americans, including the wealthy.


I guess everyone didn't see the poll results.
 

Tam

Well-known member
Bush Tax Cuts For Wealthy Gaining Ground With Worried Democrats
Patricia Murphy
Capitol Hill Bureau Chief
With a bruising election likely ahead of them and the economy proving resistant to any quick fixes, nearly two dozen moderate Democrats are pushing for a proposal on the expiring Bush tax cuts that was all-but-unthinkable to liberals a year ago -- extending all of the tax cuts, even those for the wealthiest Americas, at least for a while.

The number of moderates proposing the idea is far from a majority, but more than enough to scuttle President Obama's campaign promise to allow the Bush-era tax cuts to expire for individuals making more than $200,000 and for families making more than $250,000. If Congress fails to act before the end of the year, tax rates for all Americans will increase as they return to 2001 levels.

At least a dozen House Democrats, several Democratic candidates and four Democratic senators -- Evan Bayh of Indiana, Ben Nelson of Nebraska, Joe Lieberman of Connecticut and Kent Conrad of North Dakota -- have said they won't go along with the president's plan to allow the cuts to expire for the wealthiest Americans.

Nearly all of the Democrats pushing for an extension point to the ongoing recession as the reason not to let taxes increase for anybody this year. Bayh, who is retiring from the Senate at the end of the year, told Politics Daily he'd like to see an extension for at least a year to get the country through the recession.

Also in favor of an across-the-board extension of the cuts: Peter Orszag, Obama's former budget director. Orszag wrote in the New York Times this week he favors keeping cuts in place for two years, then killing them to avoid driving the federal debt even higher than current estimates. A two-year extension of all of the Bush tax cuts would cost about $560 billion.

On Thursday, Nelson said in a statement that he wants to extend the cuts for all taxpayers, but did not specify a time frame for ending the cuts, saying only that they should last "until Nebraska's and the nation's economy is in better shape, and perhaps longer, because raising taxes in a weak economy could impair recovery."

Lieberman used the same reasoning in a recent interview with a Connecticut radio station. "We've got to be really cautious, because we don't want to do anything that would put the economy into a second dip and cause more loss of jobs," he said.

Conrad, who chairs the Senate Budget Committee and voted against the Bush tax cuts in 2001, has said that an extension of all tax cuts is necessary, at least for a while. "As a general rule, you don't want to be cutting spending or raising taxes in the midst of a downturn," he told the Wall Street Journal.

I think he will have other options Oldtimer :wink:
 

hypocritexposer

Well-known member
jingo2 said:
Most of the replies and adlvice on this thread comes from foreign people I notice.......

Would you like to debate the concept of tax cuts stimulating the economy or citizenship of those offering their 2 cents?

Laws of economics are the same in both Countries, so think of it as common ground.
 

Tam

Well-known member
jingo2 said:
Most of the replies and adlvice on this thread comes from foreign people I notice.......

So what is your point? :?

Are the Dems worried and going to go against Obama and keep the Bush Tax cuts or are they going to drink the Obama Koolaid Pelosi is serving and vote to let them expire?
 

hypocritexposer

Well-known member
Tam said:
jingo2 said:
Most of the replies and adlvice on this thread comes from foreign people I notice.......

So what is your point? :?

Are the Dems worried and going to go against Obama and keep the Bush Tax cuts or are they going to drink the Obama Koolaid Pelosi is serving and vote to let them expire?

I think she is still mad to find out that Canadians that offered their advice on Health Care were correct and her "chosen one" lied to her. She's starting to doubt obama's decisions and would rather deflect from any discussion that would allow others to say "We told you so" :lol:
 

Tam

Well-known member
hypocritexposer said:
Tam said:
jingo2 said:
Most of the replies and adlvice on this thread comes from foreign people I notice.......

So what is your point? :?

Are the Dems worried and going to go against Obama and keep the Bush Tax cuts or are they going to drink the Obama Koolaid Pelosi is serving and vote to let them expire?

I think she is still mad to find out that Canadians that offered their advice on Health Care were correct and her "chosen one" lied to her. She's starting to doubt obama's decisions and would rather deflect from any discussion that would allow others to say "We told you so" :lol:

You think :wink: :lol:
 

Tam

Well-known member
jingo2 said:
My point is....MIND YOUR OWN BUSINESS....

I guess you are not smart enough to have noticed when the US economic is on the skids it takes the rest of the World for an unwanted ride :roll:

thelma.jpg


In other words we are in the trunk and we should have some say if the gas or the blake is being stomped on.
 

hopalong

Well-known member
Tam said:
jingo2 said:
My point is....MIND YOUR OWN BUSINESS....

I guess you are not smart enough to have noticed when the US economic is on the skids it takes the rest of the World for an unwanted ride :roll:

You have to remember Tam who you are talking to when you speak to Kojingo :wink:
 

Tam

Well-known member
hopalong said:
Tam said:
jingo2 said:
My point is....MIND YOUR OWN BUSINESS....

I guess you are not smart enough to have noticed when the US economic is on the skids it takes the rest of the World for an unwanted ride :roll:

You have to remember Tam who you are talking to when you speak to Kojingo :wink:

Maybe a picture will help her see what she doesn't seem to understand :wink:
 

hypocritexposer

Well-known member
Oldtimer said:
Boehner must be starting to read the polls...The majority of Americans think its time for the Fatcats to pay their share...

House G.O.P. Leader Signals He’s Open to Obama Tax Cut
By DAVID M. HERSZENHORN
Published: September 12, 2010

WASHINGTON — The House Republican leader, John A. Boehner, on Sunday opened the door to a compromise on the contentious issue of the Bush-era tax cuts, saying he would vote to maintain lower rates for families earning less than $250,000 even if President Obama and Democrats insisted on ending the cuts for wealthier Americans.

Americans OK Allowing Tax Cuts for Wealthy to Expire
by Jeffrey M. JonesPRINCETON, NJ --

According to a Gallup poll, a majority of Americans (59 percent) favor letting Bush tax cuts for the wealthy expire.

A majority of Americans favor letting the tax cuts enacted during the Bush administration expire for the wealthy. While 37% support keeping the tax cuts for all Americans, 44% want them extended only for those making less than $250,000 and 15% think they should expire for all taxpayers.


These results are based on an Aug. 27-30 USA Today/Gallup poll. The fate of the 2001 and 2003 federal income tax cuts that were a centerpiece of Bush administration policy could be a significant campaign issue this fall. The tax cuts are set to expire after this year unless Congress votes to extend them. Congress plans to take up the issue next week when it returns to session.

It appears as though Congress, like the American public, broadly agrees that the tax cuts should be extended for American families earning less than $250,000. The debate Congress will have this fall will be over whether to extend the tax cuts for wealthier Americans. Most Republicans and some Democrats in Congress are thought to favor extending them for wealthier Americans. President Obama said Wednesday that he is opposed to any plan that would extend the tax cuts for wealthier Americans.

The president's views on ending the tax cuts for wealthy Americans are in line with the views of the majority of rank-and-file Democrats. Meanwhile, the majority of Republicans want the tax cuts extended for all taxpayers, regardless of their income level. Independents' views fall between those of the two groups, but a majority (56%) would seem to endorse the idea of not extending tax cuts for higher-income Americans, whether or not they want them extended for middle- and lower-income Americans.


Here's a newer poll for you OT.


According to the nation's most accurate polling service, Rasmussen, 51% of Americans are in favor of extending President Bush's tax cuts for the wealthy.

http://www.rasmussenreports.com/public_content/business/taxes/september_2010/51_favor_extending_bush_tax_cuts_for_the_wealthy

and there are some other tidbits you'll be interested in to:

Sixty-eight percent (68%) of voters now prefer a smaller government with fewer services and lower taxes to a more active one that offers more services and higher taxes. That's the second highest finding in Rasmussen Reports surveying on the question since November 2006, exceeded only by a 70% finding in August of last year.
 
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