How Boehner’s counteroffer raises taxes on the middle class

[Yo_Mama_Been_Loggin]

The "fiscal cliff" plan Republicans offered today could hit the middle class to preserve tax breaks for the rich.

By Alex Seitz-Wald

Boehner has one key thing very wrong, though, as others have already noted. While the entire purpose of Boehner’s tax plan is to preserve the tax breaks for the top 2 percent, the Simpson-Bowles plan begins by allowing those rates to go up by assuming the expiration of all the Bush tax cuts.

http://www.salon.com/2012/12/03/how_the_gop_plan_might_raise_taxes_on_the_middle_class/

[gollygee]

1. It isn't a counteroffer

"To call this a "counteroffer" is to strip the word of meaning. Under the GOP plan, Republicans get the more than $1 trillion in spending cuts Obama already gave them; Republicans get the entitlement cuts they want; Republicans get hundreds of billions of dollars in additional cuts to programs they haven't identified; and Republicans get all of the Bush-era tax rates they've prioritized.

"This isn't a "counteroffer"; it's a Christmas wish list written by kids without access to calculators."


from http://maddowblog.msnbc.com/_news/2012/12/03/15649952-dont-call-it-a-counteroffer?lite


(K&R btw)