Terrific! Boehner holds the line…
(So far)
** Call John Boehner and tell him – No Obama tax hikes! – (202) 225-0600
Speaker John Boehner told reporters today there would be no tax cuts for the middle class without tax cuts for the top two percent.
The Washington Post reported:
As you know, GOP Rep. Tom Cole made waves today by urging Republicans to give in to the Dem demand that they extend the Bush tax cuts for everyone under $250,000. Cole argued this would remove the leverage Dems have and give the GOP more leverage to fight to extend the high-end tax cuts later, since Dems want the fiscal cliff averted and also want a debt ceiling hike.
Today John Boehner rejected Cole’s suggestion. But in the process, he said something pretty revealing:
“I told Tom earlier in our conference meeting that I disagreed with him,” Boehner told reporters after a closed-door meeting of the House Republican Conference. “He’s a wonderful friend of mine and a great supporter of mine. But raising taxes on the so-called top 2 percent — half of those people are small-business owners that pay their taxes through their personal income tax filing every year. The goal here is to grow the economy and to cut spending.
“We’re not going to grow the economy if we raise tax rates on the top two rates,” the Speaker added. “It’ll hurt small businesses. It’ll hurt our economy. That’s why it’s not the right approach. We’ll willing to put revenue on the table as long as we’re not raising rates.”
More from Instapundit: ED DRISCOLL: And Now a Word from Bill Clinton on the Dangers of Raising Taxes. “The ads not only write themselves if the 2012 GOP folds as badly as Bush #41 — they’ve already been written.”
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Patty commented:
“We’re not going to grow the economy if we raise tax rates on the top two rates
AND RAISE THEM ON THE MIDDLE CLASS AND WATCH WHAT HAPPENS TO OUR ECONOMY.
Meltdown of our economy? There won’t be an economy.
bobbi commented:
Rush made some good points. http://www.rushlimbaugh.com/daily/2012/11/28/it_s_j_r_ewing_vs_gilligan_obama_will_win_the_fiscal_cliff_standoff_and_end_the_traditional_american_path_to_wealth
Raiding income tax rates is not the same as taxing the wealthy.
bg commented:
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it’s all, as some appropriately state, “kabuki theater”..
i pray people wake up and recognize the play patterns they use over &
over & over again, yet they never never never do what “we the people”
want.. we live a faux existence via the MSM.. and i fear more and more
via the blog-sphere as well, as way too many have, again as they say,
jumped the proverbial shark..
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Patty commented:
OT
Bumper Sticker
http://i.imgur.com/woCvP.jpg
Exile1981 commented:
Anyone running there small business through there personal taxes is going to get hurt and likely have to toss an employee or two to pay the taxes. The best way for those people would be to allow them to incorporate and file the corps taxes seperate so then they are under 250k but there are cons to that way too.
serfer62 commented:
Boehner caves in 5…4…3…
Patty commented:
OT
LOL!
GQ Names Michelle Obama One Of 20 Least Influential People
http://patdollard.com/2012/11/gq-names-michelle-obama-one-of-20-least-influential-people/
Patty commented:
Two-thirds of millionaires left Britain to avoid 50p tax rate
Almost two-thirds of the country’s million-pound earners disappeared from Britain after the introduction of the 50p top rate of tax, figures have disclosed.
George Osborne, the Chancellor, announced in the Budget earlier this year that the 50p top rate will be reduced to 45p from next April.
http://www.telegraph.co.uk/news/politics/9707029/Two-thirds-of-millionaires-left-Britain-to-avoid-50p-tax-rate.html
Wow, when taxes are raised on the rich, where will they take their money. No where to hide.
Carbon Pootprint commented:
End the Tax Income for the parasite class
bg commented:
++
Paying income tax in America is Voluntary
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donh commented:
Kabuki theater …the 47% samurai…> http://youtu.be/IQQ17GVfjp4
Just walk away…No welfare reform plan is coming to the table….This ” We need a tax hike deal to stop a scheduled tax hike “…makes no sense. RINOS want to cave in to a no sense deal because this is really about stopping the sequestration scheduled spending cuts that mostly hit defense corporations in Democrat deep blue states like CT, MA, NY, and WA. Its what republicans who are stealth members of the Democrat party do…make stupid lose lose deals that only bail out democrats at OUR expense. ITS WHY YOU JUST LOST…Your Shriner clown flim flam scams fool NOBODY.
Patty commented:
Well this worries me, does it Obama?
OT
Russia sends a detachment of ships to the coast of Gaza
http://english.ruvr.ru/_print/95651289.html
Oh, wait a minute, HOT MIC, it is okay Obama was re-elected, things are hunky doorey
Exile1981 commented:
@ Patty,
Costa Rica has 25% on income over 30k Us and no capital gains tax. So if your income is mainly from investments (as the uber rich usually are) then there is no tax in costa rica for you.
Canada is 29% above 132K and 19% on dividends, of course you also have provincial income tax of 10% in Alberta to a high of 21% in Nova Scotia. Which is why lots of people are moving to Alberta.
Compared to 35% federal in the US and rates from 0% to 13% in New York. With about 15% of capital gains. After january 1st the upper tax rate will go to 39.6% so that makes even Canada look good.
bg commented:
++
November 28, 2012
White House economic report forecasts Mass.
job losses, shrinking economy without middle
-class tax cut extension
Patty #9 November 28, 2012 at 9:12 pm
yep, it’s for real..
Patty #15 November 28, 2012 at 9:28 pm
speaking of ships..
‘Shootering’ Is the New Eastwooding:
China’s Aircraft Carrier Gets a Meme
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lizzy84 commented:
OK, we “get it” about the top 2% and the importance of small businesses to the economy, Speaker Boehner… but you NEVER TALK ABOUT ANYTHING ELSE!
What about the rest of us solid republicans and solid conservatives?
Most of us aren’t rich and don’t own businesses. The message that’s sticking is that your only concern is for them. What the heck are you doing to protect us? It sounds like you’re speaking only for the elite..that’s a big reason why we just lost the election.
Tell America why your proposal is good for US. Although saving SS deserves mention, most people already know and accept the fact that sooner or later the retirement age and rates are going to be raised. What about hyper-inflation? How will that hurt the average Joe? How will an unsustainable debt weaken us and embolden our enemies? What about the loss of personal freedom? Those are REAL concerns that average people care about..they need to be emphasized. People need to be reminded of and informed about them.
Get with it, Boehner..get the rest of the message out before it’s too late.
bg commented:
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Congress = Sneaky Bastards
House members in the know score
‘abnormal’ stock profits, study says
How dare the millionaires in Congress speak of “shared sacrifice”
more
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