Strange Fiscal Cliff Loophole that I mentioned on my Radio show today. What if...

[stevenleser]

http://www.blogtalkradio.com/lesersense/2012/12/05/making-sense-with-steve-leser--political-commentary

What if everyone waits until Jan 2nd, and then votes for a tax cut for everyone except for the rich back to Bush tax cut levels.

Doesnt this defeat the Grover Norquist pledge and give President Obama exactly what he wants?

[backscatter712]

1. It's kinda-sorta gonna happen like that.

Once New Years Day hits and the country plunges over the "cliff", taxes go up, and it's now on the onus of the Republicans to vote to bring them back down.

In other words, Obama has the GOP by the short-and-curlies right now.

[0rganism]

2. yes, this puts republicans in a very tight spot

and it's why i think they'll cave before year's end.

[Proud Liberal Dem]

3. I know that they probably don't think it

But didn't they basically already break their pledge by voting in 2010 to allow the tax cuts to expire at the end of 2012? Of course, I think that the unspoken assumption is that they believed that they would sweep the Senate and WH and then just vote for another extension or, worse, to make them permanent. Now, they're not in a position to make what they want happen. They are pretty much screwed either way. Enjoy!

[kentuck]

4. Except the Repub House will pass a new tax cut with the wealthy included...

and see if the President will sign it?

If he doesn't, then they will say he is preventing the taxcut for the 98%.

That's the way they play the game.