Cantor, Republicans signal Obama tax proposal is dead in the water

[babylonsister]

I still don't quite get why this doesn't infuriate their base, at least the few who aren't millionaires.


Cantor, Republicans signal Obama tax proposal is dead in the water
By Jordan Fabian - 11/09/10 10:44 AM ET


The Obama administration’s hopes of reaching a tax deal with Republicans that would decouple rates on the rich from the middle class appear dead.

House GOP Whip Eric Cantor (Va.) threw cold water on the proposed plan, which would temporarily extend tax cuts for the wealthy while permanently extending tax cuts for the middle class. “Taxes shouldn't be going up on anybody right now,” Cantor said.

Cantor’s comments Monday evening on Fox News follow similar remarks from Sen. Orrin Hatch (R-Utah), the incoming senior Republican on the Senate’s tax-writing committee. While Hatch expressed an open mind to extending tax cuts past the 2012 election rather than permanently extending the rates, he also ruled out the decoupling proposal.

Hatch said he would be open to a compromise with the White House that would extend all of the Bush tax rates for at least two years.

Republicans do not want to separate the timelines for extending the rates because doing so would make it easier in the future to let tax breaks on upper-income people expire. Cantor on Monday also said the decoupling proposal would send a signal to small businesses that their taxes will rise, which he said would hurt the economy.

more...

http://thehill.com/blogs/blog-briefing-room/news/128295-cantor-indicates-gop-wont-budge-on-tax-cuts

[DJ13]

1. Obama needs to respond that he would rather see all cuts expire

than to give in to Republican blackmail.

[Mass]

2. Why? The Dems have a majority in the House until January. Why should it be dead because the current

minority opposes it? Why the framing by the Hill?

In any case, do what you should have done in October. Take the vote and let the GOP get on record against tax cuts for the middle class.

BTW, the GOP knows it is not a popular position. Otherwise, they would be happy to keep these tax cut question for 2012.

[Liberal_Stalwart71]

3. When will the president and the Democrats realize that there will be NO compromise.

No working with these fucking Repukes? When will the president get it?

[Name removed]

9. Deleted message

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[ProSense]

4. Cantor has no say. n/t

[Ikonoklast]

10. If I were Boner, I'd want to know the whereabouts of Cassius, er, um Cantor, at all times.

Eric seems to be nipping at the heels of the Not Even Speaker Yet John Boehner.

[xxqqqzme]

5. The whorporate media

waves the banner.

We heard nothing of all the bills passed by the house under Pelosi. The rong wing asshats aren't even sworn in yet and the whorporate media is all over the rethuglican agenda. Since the Senate still has a Democratic majority exactly how are these rehug rants supposed to matter?

[Writer]

6. Once again, ignore the rhetoric of these obnoxious clowns.

For it's merely rhetoric, and that's all.

[Historic NY]

7. Its time for & up or down vote..........now.

[Zen Democrat]

8. Let them all expire!

I'm a middle class taxpayer and my tax cuts over the past years haven't amounted to much at all. The millionaires have been getting an avalanche of money. Stop them all!

[Salviati]

11. The smart play here, I think...

is if the republicans continue to dig their heels in to let them expire, then propose a new set of tax cuts. It then forces the republicans to vote against them, if they are so opposed, and as a huge plus, people will have to stop saying "bush tax cuts" all the damned time.

[Hippo_Tron]

13. It will have to be done in the lame duck session

Since tax bills must originate in the House where they will control the agenda starting in January.

[Salviati]

14. Ah... I hadn't remembered that...

doh!

[FiveGoodMen]

16. Yup. Count me in, too!

But while we're at it, could we stop wasting so much on the wars?

[WI_DEM]

12. No negotiations with terrorists--the GOP is holding middle class tax payers hostage to benefit

the millionaires and billionaires.

[no limit]

15. Lol, so Obama handed them everything they wanted and they wont even accept that

good move Obama on giving up what you believe for these assholes, you sure are a wonderful leader.

[KingFlorez]

17. Then they'll be no tax cuts

It's on them.

[ProgressiveEconomist]

18. IMO, Rs just want to be able to say in 2012, DEMOCRATS RAISED TAXES, omitting

that Republicans FILIBUSTERED extension of income tax breaks for EVERYONE, just not an extra average million dollars over ten years for each of the top 2 percent of filers.

IMO, Pelosi needs to pass a bill extending such tax cuts for everyone ASAP, so Democrats in the Senate can paint Republican filibusterers as owned by plutocrats all through December.

Then, after the first of the year, the White House no longer can have any hope of getting legislation passed by placating Blue Dog Democrats (GONE) and "moderate" Republicans (deathly afraid of Tea-baggers),

IMO, this could be liberating--setting the stage for dramatic TARP-funded Job Emergency Executive Orders in the State of the Union message, Congress be damned-. See http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x9513675 .

[county worker]

19. Repubs think they will be in power whenever the cuts expire.

They thought they would be in power on 12-31-2010, now they hope to extend the cuts to a future date when they are in power and can make them permanent.

We need to let them all expire next month.

[Cosmocat]

20. B I N G O ...

this last election in particular has them thinking they are going to clean sweep in two years ...

Any progressive, democrate or liberal (or frankly sane person at all) who thinks extending the upper rates is a good idea needs their heads examined ...

How many times in life do you have a REALLY bad idea that is going to go away without any action?

I know the spineless twits don't get it, but at least until the end of this congress, this is a win/win for the dems ...

Even if they ALL expire, if it happens because the Rs fought the middle/lower class extension, it works in their favor ...