Look, I think now is the time to cut losses, bank the permanent
extension of key tax cuts and the few spending cuts that are
preserved in the budget deal, and then completely revamp strategy
going forward (with two months to get act together). In short, past
this dog’s breakfast of a bill and move on.
But if the House insists on amending the bill as a show of
strength, here’s what it should do: Add a single amendment. Just
one. It should eliminate the medical device tax in ObamaCare. Dare
the Senate to reject that, and dare the President to veto a deal it
has been trumpeting just because it wants to put taxes on
pacemakers and insulin pumps. Politically, this also shifts the
focus of the debate onto ObamaCare, which helps conservatives going
forward.
Dana ellen| 1.1.13 @ 4:41PM
What a brilliant idea on many levels! It not only cuts taxes, saves jobs but also stirs up the pot in the Democrat party because 18 Dems wanted to repeal it. I wish the Republicans would come up with the idea!
Occam's Tool| 1.2.13 @ 12:14AM
Passed. The interesting part is that the hardest tax raise will hit those earning under $113,000/yr.The payroll tax is going up by 50% roughly, so a 2% tax raise on those earning under $113,000 who are employed, or 4% increase on self-employed under $113,000. In short, the punch will hit hardest those coming out of, say, law school who start their own practice, and most state employees. For those in the sweet spot between, say, 300-450K who are married, our taxes go up 2/3 of 1 percent (in my case). For my nurses, their taxes go up 2%. So, in essence, the very poorest workers and the new business creator/ investor class tax rates go up the most.
Makes no sense. But of course, I have the Democratic answer here: http://www.youtube.com/watch?v=sFacWGBJ_cs
Aristocat| 1.2.13 @ 4:46AM
The payroll tax is actually Social Security contributions, which are sorely needed because Soc.Sec. is running a deficit...
The amendment should have been to repeal Obamacare. And that should be the price for extending the debt ceiling again..
Oldefarte| 1.2.13 @ 11:11AM
All Republicans should pull a "DEMOCRAT" by packing their respective bags, leaving DC and returning to their homes. Let the Democrats own what is about to unfold within this country and to thereafter........... ES&D!!!!!!!!!!!!!!!
Oldefarte| 1.2.13 @ 12:43PM
Oh and also, when you and your families are sitting in front of the bube-tube yucking it up over TWO BROKE GIRLS etc [and becoming politically brainwashed by Big Harvey and Little Steven, while they are raking in their $millions], think about the following, okay? :
http://www.newsmax.com/US/Holl...../id/469676