Report: Democrats drop demand for new tax on millionaires in payroll tax standoff

posted at 10:00 pm on December 14, 2011 by Allahpundit

Not so much a big win for us as a big loss for them.

Democrats backed away from their demand for higher taxes on millionaires as part of legislation to extend Social Security tax cuts for most Americans on Wednesday as Congress struggled to clear critical year-end bills without triggering a partial government shutdown…

Republicans minimized the significance of the move. “They’re not giving up a whole lot. The tax they wanted to implement on business owners was something that couldn’t pass the House and couldn’t pass the Senate,” McConnell said in a CNBC interview.

Jettisoning the tax could also require Democrats to agree to politically painful savings elsewhere in the budget to replace the estimated $140 billion the tax would have raised over a decade.

In its most recent form, the surtax would have slapped a 1.9 percent tax on income in excess of $1 million, with the proceeds helping pay for the extension of tax cuts for 160 million workers. Senate Democrats have twice forced votes on the proposal in what officials have described as a political maneuver designed to force GOP lawmakers to choose between protecting the wealthy on the one hand and extending tax cuts for millions on the other.

CNN calls it a “major concession,” which is true insofar as this was part of The One’s big populist Elizabeth Warren-esque push against “the one percent” ahead of the election. His base will hate being forced to drop it given how well tax hikes on the rich poll, even though realistically there was no way Democrats were going to walk away from extending a payroll-tax cut for the middle class to try to get Republicans to bend on this. The quid pro quo, I take it, will be the GOP agreeing to drop the Keystone pipeline provision from whatever compromise bill ends up on the House floor. Which means less revenue and fewer jobs in exchange — hopefully — for new spending cuts, or just maybe another hundred billion or so in deficit spending. Doesn’t feel like a major victory, but at least the kabuki phase of these dull negotiations is over.

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A cave has bats. Be careful.

The Nerve on December 14, 2011 at 10:02 PM

Will the Unions be angry over no taxes and no pipeline?

Cindy Munford on December 14, 2011 at 10:04 PM

Governing is not an option. Kabuki is all we got.

ronval912 on December 14, 2011 at 10:04 PM

The quid pro quo, I take it, will be the GOP agreeing to drop the Keystone pipeline

Look, Carnac the Magnificent posts here.

BobMbx on December 14, 2011 at 10:05 PM

These aholes aren’t serious.

Bishop on December 14, 2011 at 10:05 PM

Pfft. I call BS on our entire government. IMHO they all need to be voted out so we can start over.

FLconservative on December 14, 2011 at 10:05 PM

From a selfish personal perspective I’m ok with extending the payroll tax cut. It means I can put more in my 401k!

From a national fiscal perspective I don’t support it if SS is somehow supposed to remain solvent.

But the GOP should continue to press for the XL project because if they drop it now they will appear to have only agreed to the deal to protect some hated millionaires from a surtax and only used the middle class via XL for their cynical end.

XL is too important to give up.

prodigalson on December 14, 2011 at 10:06 PM

Perhaps they thought better of it with their commie comrades shutting down West coast ports.

locomotivebreath1901 on December 14, 2011 at 10:07 PM

Look, Carnac the Magnificent posts here.

BobMbx on December 14, 2011 at 10:05 PM

Well. Okay, then.

Allahpundit on December 14, 2011 at 10:10 PM

If the GOP drops the pipeline, the tea partiers will be enraged. The GOP elite bloodbath will be worse than expected in 2012 as a result.

The war has begun and the front is the Congress, not POTUS. Tea partiers know this – others may realize much too late.

All politicians, donkey or GOP, are nedangered if they play insider games. Such as this one.

platypus on December 14, 2011 at 10:10 PM

I can’t believe we are going to lose the pipeline again.

Cindy Munford on December 14, 2011 at 10:10 PM

“Come to me….”

portlandon on December 14, 2011 at 10:11 PM

Obama has already said he will veto the bill if it doesn’t raise taxes.

Then let’s raise them on the 47% who pay none. Shove the BS “fairness” meme up Obama’s arse until he chokes on it.

prodigalson on December 14, 2011 at 10:11 PM

I can’t believe we are going to lose the pipeline again.

Cindy Munford on December 14, 2011 at 10:10 PM

Believe it. The GOP is afraid to give Jugears a 2012 talking point about restoring jobs.

platypus on December 14, 2011 at 10:12 PM

Instead of taxation a “welcome wagon” of union thugs will appear at your door demanding money to ensure “equality.” No pay? Here comes Sharpton and Jackson, marching down your street screeching “No Justice No Peace” until you pony up your “voluntary contribution.”

Smedley on December 14, 2011 at 10:13 PM

Shove the BS “fairness” meme up Obama’s arse until he chokes on it.

prodigalson on December 14, 2011 at 10:11 PM

Well, that isn’t all that far. Most of the time he talks out of his butt so it’s obviously close to his throat.

platypus on December 14, 2011 at 10:13 PM

Pfft. I call BS on our entire government. IMHO they all need to be voted out so we can start over.

FLconservative on December 14, 2011 at 10:05 PM

You’ve got to get rid of the paid staff and government employees too.

And somehow, I suspect that they like being the ruling class and won’t go quietly into the night no matter who you “vote out”.

CrazyGene on December 14, 2011 at 10:14 PM

Believe it. The GOP is afraid to give Jugears a 2012 talking point about restoring jobs.

Meh, they can win that point. If Teh One tries to take credit for any jobs XL creates there’s a lot of footage available for campaign ads to expose that lie.

prodigalson on December 14, 2011 at 10:14 PM

Even the Onion is a biased news outlet. Sigh. Obama would never punch a banker — he’s expecting them to fund his re-election campaign.

cynccook on December 14, 2011 at 10:14 PM

platypus on December 14, 2011 at 10:12 PM

So they are afraid he will be like Clinton and brag about the Welfare reform that he fought every step of the way? I think our situation is to dire for making political points. I can’t stand any of these people.

Cindy Munford on December 14, 2011 at 10:16 PM

I can’t believe we are going to lose the pipeline again.

Cindy Munford on December 14, 2011 at 10:10 PM

Even the people in Rio Linda know that we never had it.

Rio Linda Refugee on December 14, 2011 at 10:16 PM

I can’t believe we are going to lose the pipeline again.

Cindy Munford on December 14, 2011 at 10:10 PM

+1

Flora Duh on December 14, 2011 at 10:16 PM

Well the previous wasn’t the quote I was looking for. Washington Times has it thusly :

President Obama on Tuesday said he will veto House Republicans’ payroll tax extension unless the GOP ditches spending cuts and instead pairs the tax cut with a tax increase on the wealthy.

But the White House, in its veto threat, said nothing about the pipeline, instead attacking the GOP’s use of spending cuts instead of tax increases to offset the Social Security revenue lost from the payroll tax cut.

Conflicting news reports. Who ya gonna believe? Either Obama did or did not threaten a veto over the Keystone Pipeline, or he did or did not threaten a veto over the GOP refusal to raise taxes on the rich.

I’m not gonna follow a maze of twisty little hyperlinks, all different, to the bottom of this rabbit hole.

Skandia Recluse on December 14, 2011 at 10:16 PM

Meh, they can win that point. If Teh One tries to take credit for any jobs XL creates there’s a lot of footage available for campaign ads to expose that lie.

prodigalson on December 14, 2011 at 10:14 PM

True enough but we’re talking GOP elite here. They have genetic Gumby spines and a some other traits that prevent them from actually… you know… fighting.

platypus on December 14, 2011 at 10:17 PM

Allahpundit on December 14, 2011 at 10:10 PM

Luv ya, AP

BobMbx on December 14, 2011 at 10:17 PM

True enough but we’re talking GOP elite here. They have genetic Gumby spines and a some other traits that prevent them from actually… you know… fighting.

platypus on December 14, 2011 at 10:17 PM

Sigh, groan, arrgghhh…I know. Maddening!

prodigalson on December 14, 2011 at 10:18 PM

Even the Onion is a biased news outlet. Sigh. Obama would never punch a banker — he’s expecting them to fund his re-election campaign.

cynccook on December 14, 2011 at 10:14 PM

I’m wondering how many “noobs” may not know what the Onion is and take what they see and run with it. lol

Flora Duh on December 14, 2011 at 10:20 PM

Crazy Gene you are so right. As I have written before this will not end well. Even if we have a great turnout in 2012 and gain seats in the house and get the senate majority their minions will still be in their cushy little positions doing damage under the radar. It depresses me to no end.

FLconservative on December 14, 2011 at 10:22 PM

I’m wondering how many “noobs” may not know what the Onion is and take what they see and run with it. lol

Flora Duh on December 14, 2011 at 10:20 PM

All of ‘em, I hope. We always need new mirth around here.

platypus on December 14, 2011 at 10:23 PM

their minions will still be in their cushy little positions doing damage under the radar. It depresses me to no end.

FLconservative on December 14, 2011 at 10:22 PM

Let not your heart be troubled. The tea parties didn’t go away after 2010 and they aren’t going away after 2012. Anybody who is comfortable in their cushy positions is making a HUGE mistake.

We are coming. Fear us and flee.

platypus on December 14, 2011 at 10:25 PM

I’m wondering how many “noobs” may not know what the Onion is and take what they see and run with it. lol

Flora Duh on December 14, 2011 at 10:20 PM

I don’t know. I knew about the Onion before I knew about HotAir.

cynccook on December 14, 2011 at 10:26 PM

OT: Rush has been going on a 20-minute rant on Greta.

John the Libertarian on December 14, 2011 at 10:27 PM

The democrats still have their narrative, “the republicans had to protect their precious millionaires and billionaires”.
We need someone other than Mitch McConnell out there trying to sell this.
O/T, but John McCain almost made me fall over today when he went after Obama about the Iraq War End Party at Ft. Bragg. Wish he had found his onions back in 2008. It’s his fault we are here.

AllahsNippleHair on December 14, 2011 at 10:28 PM

I am in Oklahoma now, preparing lateral lines to connect to the XL.

I mock and taunt the leftist that thinks this line will not happen.

The tribes are running green commercials in an effort to get paid, and they will.

What concerns me is the sand dune lizard in West Texas.

A salient point is the current price of gas at the pump and natural gas prices to the electricity producing facilities that use gas instead of coal.

As long as natural gas hovers below $5 they stand a shot at slowing it down. If it rises above $5, well then, the discussion is moot.

Eminent domain shall prevail…..

RAGIN CAJUN on December 14, 2011 at 10:29 PM

Is that a ZIT on the right side of his nose, a little south-west and two inches under his left eye??? PINCH IT & SQUEEZE IT!!!!!
There!… We have just done more to affect change…than the whole of Washington D.C.

KOOLAID2 on December 14, 2011 at 10:30 PM

The Democrat campaign of hate and envy towards the successful is not working evidently. Otherwise, they’d fight to the death to keep this tax. Blood is in the water, and Republican leadership is too spineless to take advantage of it.

GMO on December 14, 2011 at 10:30 PM

I’d say that the GOP would be dumb not to push for the pipeline anyway. Nobody wants to talk about the “price at the pump” all of the sudden.

Mord on December 14, 2011 at 10:31 PM

Speaking of the pipeline I saw a very good presentation today on cspan by a rep (didn’t catch the name) stating there is already a pipeline established between Canada and the Us that passed all the EPA tests etc He was quite adamant as to why this is now such a big deal with the dems/admin especially with the creation of me jobs ie union. In my mind it just lends more credence to the fact dems are trying to shut down the entire economy pre-election.

FLconservative on December 14, 2011 at 10:32 PM

Obama would never punch a banker — he’s expecting them to fund his re-election campaign.

cynccook on December 14, 2011 at 10:14 PM

I don’t believe Obama would punch anyone who didn’t have his arms pinned by the Secret Service. Or Michelle. Or both.

Finbar on December 14, 2011 at 10:34 PM

Mitch McConnell has the charisma of one of Moochelle’s fake vegetables.

SouthernGent on December 14, 2011 at 10:34 PM

Leading from behind again…?

Seven Percent Solution on December 14, 2011 at 10:34 PM

OT: Rush has been going on a 20-minute rant on Greta.

John the Libertarian on December 14, 2011 at 10:27 PM

Beautiful…

… isn’t it?

Seven Percent Solution on December 14, 2011 at 10:36 PM

Thank you Platypus. In my heart I know good will prevail with the help of the tea party and God. But it is going to be tough!

FLconservative on December 14, 2011 at 10:36 PM

Focus ! Serious stuff and I wish I had a good paradoy . Alas ….a nope .
There are so many good thinkers on Hot Air that I bow to your …a ….
thinking .
Yah , I’m a noob but we really need your input on serious stuff .
Ok , forget I said this , or not ….

Lucano on December 14, 2011 at 10:39 PM

Beautiful…

… isn’t it?

Seven Percent Solution on December 14, 2011 at 10:36 PM

That’s so funny, because I had put on the original post “and it’s a beautiful thing.” But then I edited it out.

John the Libertarian on December 14, 2011 at 10:39 PM

O/T, but John McCain almost made me fall over today when he went after Obama about the Iraq War End Party at Ft. Bragg. Wish he had found his onions back in 2008. It’s his fault we are here.

AllahsNippleHair on December 14, 2011 at 10:28 PM

What did he say again? That history would record this presidency with the scorn and disdain it deserves?

John the Libertarian on December 14, 2011 at 10:41 PM

Beautiful…

… isn’t it?

Seven Percent Solution on December 14, 2011 at 10:36 PM

It sure is. I’ve never seen her so quiet.

50sGuy on December 14, 2011 at 10:42 PM

Report: Democrats drop demand for new tax on millionaires in payroll tax standoff
=======================

What a Crock O’Sh*t!!

canopfor on December 14, 2011 at 10:44 PM

O/T, but John McCain almost made me fall over today when he went after Obama about the Iraq War End Party at Ft. Bragg. Wish he had found his onions back in 2008. It’s his fault we are here.

AllahsNippleHair on December 14, 2011 at 10:28 PM

Truth. If ol’ “The American people have nothing to fear from an Obama presidency” McCain had a pair and a spine, the GOP would have won. Instead, the “honorable campaign” was designed to put the Marxist in the White House.

AZfederalist on December 14, 2011 at 10:45 PM

These aholes aren’t serious.

Bishop on December 14, 2011 at 10:05 PM

Bishop:To bolster your point,we revist April!!!!!:)
****************************************************

Boehners Tweet
==============

It’s become sadly evident to me that the White House and Senate Democrats are just not serious yet about enacting real spending cuts
8:25 AM Apr 5th via TweetDeck

johnboehner
John Boehner

http://twitter.com/johnboehner/status/55289849791524864#

canopfor on April 14, 2011 at 8:41 AM

canopfor on December 14, 2011 at 10:49 PM

President Obama is a man that had his way the first two years of his Presidency because of a Democratic Majority. He used this time along with Nancy Pelosi to thwart the wishes of the American people with his Obamacare. Even then the American people were worried about the economy. Healthcare was good red herring for the government to chase. The reason for this is that the brilliant Obama did not have a clue about what to do about the economy. Every thing that he done in the first two years only added to the debt.

Portia on December 14, 2011 at 10:50 PM

O/T, but John McCain almost made me fall over today when he went after Obama about the Iraq War End Party at Ft. Bragg. Wish he had found his onions back in 2008. It’s his fault we are here.

AllahsNippleHair on December 14, 2011 at 10:28 PM
What did he say again? That history would record this presidency with the scorn and disdain it deserves?

John the Libertarian on December 14, 2011 at 10:41 PM

Yes, and old maverick served it up with a side of argula for us.

AllahsNippleHair on December 14, 2011 at 10:51 PM

If you want to enjoy some sweet, tasty liberal tears, check out the comments on the DKos thread about this.

Their despair is awesome.

Hollowpoint on December 14, 2011 at 10:57 PM

How can eather side drop the pipe line? We have Iran threatening to close the strait that most of the oil go through. Gas prices are on there way up. These idiots need to push that pipeline through!

angrymike on December 14, 2011 at 11:00 PM

A cave has bats. Be careful.

The Nerve on December 14, 2011 at 10:02 PM

You just described Nancy “Stretch” Pelosi.

wildcat72 on December 14, 2011 at 11:03 PM

DKos
I never was wow, hahaha, that place proves liberalism is a mental defect. Lol

angrymike on December 14, 2011 at 11:13 PM

All these Dems are millionaires. Cave at the end, save themselves a bigger tax bill. Tell their occupy stooges, hey we tried. Win-win in their feeble minds.

msupertas on December 14, 2011 at 11:17 PM

Hey, Barry, we don’t need payroll tax cuts. We don’t need you to cut the trickle of funds that go towards filling the Social Security “trust fund” (which everyone knows does not exist). What we need are JOBS, and a vibrant GDP growth rate. And to do that, we need you and your administration to climb the hell off our backs and allow us to do what we do better than any economic system on Earth: produce and earn.

minnesoter on December 14, 2011 at 11:18 PM

Obama is playing both sides. The greenies are giving him money to stop it. The unions are giving him money to sign off on it. If Obama signs off on it before the election he forfeits the green political donations. Trust me, there is a wink here to the Unions that yeah, the pipeline would be built after the election. In the meantime Obama gets money from two different groups, the greenies have no idea they will get screwed on this.

GOP should keep it in the bill. Cut the green money off right now and dare Obama to veto it. T

JB-STLMO on December 14, 2011 at 11:20 PM

So what happens if the House refuses to give up on the pipeline?

3558 on December 14, 2011 at 11:24 PM

How can it be called a “major concession” if what they gave up was something they never had to begin with?

Socratease on December 14, 2011 at 11:24 PM

It sure is. I’ve never seen her so quiet.

50sGuy on December 14, 2011 at 10:42 PM

In fairness, Greta is the best interviewer on Fox, she seldom interrupts or asks gotcha questions.

Cindy Munford on December 14, 2011 at 11:25 PM

Obama caving to the right? Film at 11.

libfreeordie on December 14, 2011 at 11:26 PM

Giving up the pipeline for Democratic “concessions” is just nuts! It is evidence that the GOP does not stand up for jobs. What do these guys think the next election will be about, the environment?

PseudoRandom on December 14, 2011 at 11:30 PM

Let me guess, all the spening cuts will be in the out years, i.e., never happen; but, the deficit will increase now. Yay, tax cut.

mockmook on December 14, 2011 at 11:46 PM

Where is Al Gore’s lock box?

COgirl on December 14, 2011 at 11:50 PM

I can’t believe we are going to lose the pipeline again.

Cindy Munford on December 14, 2011 at 10:10 PM

+1

Flora Duh on December 14, 2011 at 10:16 PM

Pipeline, shmipeline… We don’t need no stinkin’ pipeline. I got me a Green Unicorn in my garage. Feeds only on lawn clippings. Runs on a treadmill all day generating electricity for my battery powered car. I capture the unicorn rear end emissions to spread back on the lawn to grow more grass. It’s all free. Barry told me it would work – I believe him.

climbnjump on December 15, 2011 at 12:08 AM

All these Dems are millionaires. Cave at the end, save themselves a bigger tax bill. Tell their occupy stooges, hey we tried. Win-win in their feeble minds.

msupertas on December 14, 2011 at 11:17 PM

Yeah, I mean, just look at these people: Nancy Pelosi, John Heinz Kerry, The Kennedys, John Corsine, Al Gore, George Soros … and on and on and on. Oh, and don’t forget their patrons on Wall Street, along with all the millionaire celebrities in the MSM and Hollywood who just ADORE Barry and his phony BS socialist cause (like any of the aforementioned would be willing to part with any of their own wealth and privilege to promote “economic justice”).

minnesoter on December 15, 2011 at 12:15 AM

How are we going to stop the collapse of our nation? I’m feeling completely defeated and angry at our representatives. Is it time to send a message and begin a third party movement? Is it time for the (R) Party to go the way of the Whigs? I don’t see this government shrinking with the current structure in place. We might as well give the sinking ship to the libs and let it go down quickly, thus letting them take complete blame and then rebuild with a real Limited Government, Constitutional Party.

Decoski on December 15, 2011 at 12:35 AM

actually, i think dropping the pipeline may be a good thing, if the party of stupid can hang this around barry’s neck

i’d like to see the Rs run ads everywhere that barry hates oil, that prices would necessarily skyrocket, that he hates construction trades, unless barry approves the contract (with a little graft)

Attack, Attack, Attack

r keller on December 15, 2011 at 12:35 AM

This guy is getting creepier by the day.

lonestar1 on December 15, 2011 at 12:50 AM

Is this why we hire these sobs — to play around with our money and enrich themselves in the process? We know who the 1%ers are, politicians.

racquetballer on December 15, 2011 at 1:21 AM

Believe it. The GOP is afraid to give Jugears a 2012 talking point about restoring jobs.

platypus

My friend calls him Ol’ Purple Lips.

Boogeyman on December 15, 2011 at 2:00 AM

Democrats backed away from their demand for higher taxes on millionaires as part of legislation to extend Social Security tax cuts for most Americans on Wednesday…

Nothing gets in the way of Obama’s top priorities, vacation and golfing starting in two days!

RJL on December 15, 2011 at 2:26 AM

I’m wondering how many “noobs” may not know what the Onion is and take what they see and run with it. lol

Flora Duh on December 14, 2011 at 10:20 PM

I’m a noob, in the sense that I (finally!) got to register after much reading from the outside looking in. I am an avid reader of the Hot Air articles and in particular the forums, and have been for some time. I’m familiar with the Onion. I remember their 9/11 headline, which can’t be repeated in a family friendly forum.

Thanks to all of the veterans here for the stimulating commentary, as well as super-informative links that abound. And thanks especially to HA for providing the articles and forum, and for providing a bit of heads-up on the seconds session of open registration. I’m on the other side of the planet, and last time the word was sent out, I didn’t find out about it until I awakened, checked my mail and discovered that registration had already closed. This time, with the heads-up, I got up before 5:00 a.m. where I am and was able to make it in under the wire. Woooot!

Flotsam Jetsome on December 15, 2011 at 3:24 AM

Attack, Attack, Attack

r keller on December 15, 2011 at 12:35 AM

Waaaaatch!

Flotsam Jetsome on December 15, 2011 at 4:15 AM

If you want to enjoy some sweet, tasty liberal tears, check out the comments on the DKos thread about this.

Their despair is awesome.

Hollowpoint on December 14, 2011 at 10:57 PM

Dude. Not even with your IP address thingy. . .
/s

Flotsam Jetsome on December 15, 2011 at 4:32 AM

Payroll standoff? How about get your stinking paws off my money Payroll? Thus the reason for limited government at all levels. Where do these rascals come from?

racquetballer on December 15, 2011 at 4:48 AM

There’s a stab in the back here somewhere – from either Reid or the RINOS.

NO WAY is this going to turn out well for conservative Republicans.

Turn MD Red on December 15, 2011 at 5:38 AM

i’d like to see the Rs run ads everywhere that barry hates oil, that prices would necessarily skyrocket, that he hates construction trades, unless barry approves the contract (with a little graft)

Attack, Attack, Attack

r keller on December 15, 2011 at 12:35 AM

The fact that Dingleberry-in-Chief wants your gasoline to cost $7.00 per gallon doesn’t mean that he hates oil. Oh no sir. He hates you.

swinia sutki on December 15, 2011 at 5:54 AM

A cave has bats. Be careful.

The Nerve on December 14, 2011 at 10:02 PM

well said my friend…

cmsinaz on December 15, 2011 at 5:59 AM

NO WAY is this going to turn out well for conservative Republicans.

Turn MD Red on December 15, 2011 at 5:38 AM

agree

*squishy alert*

cmsinaz on December 15, 2011 at 5:59 AM

You just described Nancy “Stretch” Pelosi.

wildcat72 on December 14, 2011 at 11:03 PM

Speaking of which:

Class Warfare Erupts in Dem Caucus, as Member Throws Pelosi’s Fortune in Her Face

Flora Duh on December 15, 2011 at 6:20 AM

How can it be called a “major concession” if what they gave up was something they never had to begin with?

Socratease on December 14, 2011 at 11:24 PM

Exactly right my friend.

rightoption on December 15, 2011 at 6:23 AM

More of the same. Did anyone seriously expect anything else? Unless Obama is sent packing and we pick up seats in the Senate it will continue along the same path.
And yeah- I know about the Onion too….

ksmoola1 on December 15, 2011 at 6:44 AM

So, they will pass the payroll tax holiday extension without a tax hike on the rich, and the GOP will drop the Keystone oil pipeline (which keeps it alive as an issue going forward).

My guess is they will “pay” for it with spending cuts that turn out to be phantom cuts from the land of skittles and unicorns, just like the big budget “cuts” from earlier this year.

Business as usual, but we probably can’t expect much more than that. It’s politically deft to be sure, but it would nice to accomplish something concrete for a change.

DRayRaven on December 15, 2011 at 6:56 AM

I still want that pipeline. I just like pipelines. Have been that way all my life. Would drive hundreds of miles out of my way to see one. Is that odd?

ListKeeper on December 15, 2011 at 7:16 AM

Democrats drop demand for new tax on millionaires in payroll tax standoff

So does that mean the jug-eared idiot will stop the “those of us who makes a little more should pay a little more” stupidity.

Happy Nomad on December 15, 2011 at 7:40 AM

So does that mean the jug-eared idiot will stop the “those of us who makes a little more should pay a little more” stupidity.

Happy Nomad on December 15, 2011 at 7:40 AM

They would have to reprogram his chip.

Flora Duh on December 15, 2011 at 7:42 AM

Dems = voluntary dependence on Arab oil. I want that pipeline. If we can get President Vacay out of there, we can get this legislation passed in the next Congress.

Conservchik on December 15, 2011 at 7:46 AM

We would like to apologize for the way in which politicians are represented in this programme. It was never our intention to imply that politicians are weak-kneed, political time-servers who are more concerned with their personal vendettas and private power struggles than the problems of government. Nor to suggest at any point that they sacrifice their credibility by denying free debate on vital matters in the mistaken impression that party unity comes before the well-being of the people they supposedly represent. Nor to imply at any stage that they are squabbling little toadies without an ounce of concern for the vital social problems of today. Nor indeed do we intend that viewers should consider them as crabby, ulcerous, little self-seeking vermin with furry legs and an excessive addiction to alcohol and certain explicit sexual practices which some people might find offensive. We are sorry if this impression has come across.
—Monty Python

wjjhoge on December 15, 2011 at 7:53 AM

There was a moment on MTP Sunday when brokeback buddy Linda Graham actually took our side.
He dared to ask DNC Dave how much tax on the rich was enough.He glared at DNC Dave and asked:
How much is enough Dave.
Of course Dave had to change the topic.
It got traction for the moment. Will it be long lasting?
Nahhhhhha….

rodguy911 on December 15, 2011 at 7:57 AM

Shouldn’t be a surprise Obama and Company dropped the ‘tax the rich’ thing. The ‘rich’ lefties don’t want to pay more in taxes regardless what they say. Even Buffett has come out against taxing ALL the rich:

http://blog.cabinetmeeting.net/index.php/2011/10/buffet-not-so-keen-on-barrys-plan-for-taxing-the-rich/

If the dems really wanted to tax the rich, they could have done so when they had total control.

jfox21 on December 15, 2011 at 8:03 AM

Will the Unions be angry over no taxes and no pipeline?

Cindy Munford on December 14, 2011 at 10:04 PM

Who ever said it was going to be built by Union labor?

Khun Joe on December 15, 2011 at 8:03 AM

You can’t find 14 billion dollars in savings in a four TRILLION dollar budget? And such a cut would be “painful”? That’s like giving up one of your newspaper subscriptions for a year, if that.

eaglewingz08 on December 15, 2011 at 8:16 AM

Jettisoning the tax could also require Democrats to agree to politically painful savings elsewhere in the budget to replace the estimated $140 billion the tax would have raised over a decade.

The so-called ‘Math’ they use in these taxes/cuts negotiations drives me crazy! They never take into account a change in people’s behavior. Raise taxes and people take steps to avoid paying it, so revenue is never as much as ‘estimated’. They talk about tax cuts needing to be “paid for”, but when taxes are lower people have more of their own money to spend and invest, so revenues often go UP. And of course, everyone knows this, even the Dems, but they go through the act anyway.
Aaaaaaaaaaargh!

Dexter_Alarius on December 15, 2011 at 8:18 AM

Does it bother anyone else that they always talk about “paying” for tax cuts? Tax cuts are not an expense and tax rate increases don’t always raise revenue. In fact government revenue will dwindle as tax rates increase and more of the “evil rich” take steps to keep more of their money. It is anti-job creating, anti-business and leads to fewer tax payors. The liberals either lie or they are too stupid to understand basic economics. (Both)

conservativecaveman on December 15, 2011 at 8:23 AM

If the dems really wanted to tax the rich, they could have done so when they had total control.

jfox21 on December 15, 2011 at 8:03 AM

They need just enough Republicans to join them to deflect the blame or they know they will get killed in the elections.

conservativecaveman on December 15, 2011 at 8:25 AM

There’s a stab in the back here somewhere – from either Reid or the RINOS.

NO WAY is this going to turn out well for conservative Republicans.

Turn MD Red on December 15, 2011 at 5:38 AM

The glint off that blade is blinding, isn’t it?

TheClearRiver on December 15, 2011 at 8:27 AM

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