BeyondGeography
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Thu Nov-04-10 04:26 PM
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What I'd really like to see, Mr. President, is for you to let the tax cuts expire |
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My first choice was your preferred course, which was to extend them for everyone making $250,000 or less, but that is off the table with the Republicans taking the House.
The Republicans have vowed not to compromise, and to do everything in their power to send you home in 2012.
They will not be reasonable.
They will oppose any restoration of any Clinton-era tax rates.
A two-year extension of the existing rates is bad politics and bad policy. Bad politics because you will be seen as knuckling under to pressure and, frankly, unoriginal. You were not elected to be a placeholder. Bad policy because government revenue as a percent of GDP is at historically low levels and there is no evidence at all that an increase in the top rate will trickle down and hurt the rest of us. The share of wealth going to the top 1% has tripled in the last 30 years. You know they have this minor bit of medicine coming to them.
The debt commission is going to recommend cutbacks in entitlements, raising the retirement age and other belt-tightening measures. Your response can not be to do nothing to raise revenue and take some of the pressure off the budget.
Make it clear you are prepared to let the tax cuts expire. Stand up to these guys. You'll have the whole world screaming at you, but, eventually, you will force the Republicans to knuckle under. Go into campaign mode and make it clear that the only thing standing in the way of continuing the present tax structure for 99% of the American people is the Republican House.
Excuse me, sir, but you need to engage these nihilists in a big fucking messy fight on Democratic Party principles, and there is no better issue than this.
Respectfully,
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BootinUp
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Thu Nov-04-10 04:32 PM
Response to Original message |
1. I do not believe anything significant will happen on |
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entitlements with the new congress. The deficit commission recs are dead for now. They will be used for posturing only.
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stray cat
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Thu Nov-04-10 04:33 PM
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2. Given a choice of tax cuts or keeping my job I choose keeping my job |
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do not cut research and education - let my tax cuts expire
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chimpymustgo
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Thu Nov-04-10 04:35 PM
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3. Why didn't they do this before the election?? Could have RUN on it!! |
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I seriously don't understand their strategy. Or lack of one.
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denimgirly
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Thu Nov-04-10 05:15 PM
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5. Incentively its in their best interest NOT to -- They get paid just like Repubs by Special Interests |
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But the prob with democrats is the need to seem like they are populist while at the same time taking the cash from special interests...that is where the "need bipartisian" support comes in...when you dont have it then u have the cover to water down reform or let it die.
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denimgirly
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Thu Nov-04-10 05:12 PM
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4. Would be a Gawdam miracle if Obama gained the Guts to Stand up for Us. |
denimgirly
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Thu Nov-04-10 05:16 PM
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6. Obama is going to EXTEND to the Wealthy -- At least he is fighting for someone |
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Mon May 06th 2024, 01:32 AM
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