See, no one actually cares about the deficit.
See, no one actually cares about the deficit.
Lol dems win?
Lol dems win?
Aye. And it's worth noting all three GOP proposals protect higher incomes from taxes. At least they're consistent.
The debt ceiling is the last wall against the overwhelming forces of Debt. HOLD THE LINE!
This is one of the worst posts I've ever seen. At least Hillary hasn't authorized the assassination of a US citizen
*The Democrats agreed to raise the income threshold for tax increases to $450,000 a year (couples) from the prior $250,000.
* However, to the Republicans' chagrin, the Democrats insist on raise capital gains and dividend taxes to 20% on households over $250,000 and reducing some of the allowable deductions. Importantly, this, too, is a massive tax cut relative to the scheduled changes, which would boost dividend taxes to 40% on incomes over $250,000.
* The Democrats conceded on the estate tax: They'll keep the threshold for taxable estates at $5 million, with a 35% rate over that level. This, again, is a massive tax cut over current law, in which the threshold will drop to $1 million with a much higher rate.
* The Democrats' offer would permanently protect middle-class households from the Alternative Minimum Tax. No details on how this would work.
* On the spending side, the Democrats' offer would delay the "sequester" (automatic spending cuts) until 2015. This would cost an estimated $200 billion. But it would avoid the cuts to the military budget that the Republicans are so desperate to avoid.
* The Democrats would also extend unemployment benefits for a year, extend farm subsidies for a year, and avoid a 27% cut in Medicare payments to doctors. The Republicans say they want offsets to these spending cuts.
I'm not sure how I feel about this. Does some things I want and others I hate
I'm not sure how I feel about this. Does some things I want and others I hate
I'm not sure how I feel about this. Does some things I want and others I hate
If Cuomo becomes the democrat's nominee say hello to god awful President Rubio. Old fashioned North Eastern liberals do not do well in general elections.
This is what compromise looks like. For better or worse, we have to work with the other side because a permanent Democrat supermajority isn't feasible. Polls overwhelmingly say that people want to see compromise, and it looks a hell of a lot better than the stonewalling of the last two years. The ideologues on both ends of the spectrum will hate it, but this is a moderate country and therefore should be governed like one. I'm pretty firmly liberal, but I've accepted that things will not always be to my exact liking and I welcome a bit of compromise because it's what's most likely to get things done.
If a black man from Chicago can become president then anything is possible.
I intensely dislike the fact that every time we want to do something for almost all of America or even just a lot of poor people who need the help we also have to give up something to rich people who are clearly doing fine enough.
Oh well, the rich own America, more news at 11...
Are you fucking kidding me?* On the spending side, the Democrats' offer would delay the "sequester" (automatic spending cuts) until 2015. This would cost an estimated $200 billion. But it would avoid the cuts to the military budget that the Republicans are so desperate to avoid.
fuck thatAre you fucking kidding me?
If Cuomo becomes the democrat's nominee say hello to god awful President Rubio. Old fashioned North Eastern liberals do not do well in general elections.
This is what compromise looks like. For better or worse, we have to work with the other side because a permanent Democrat supermajority isn't feasible. Polls overwhelmingly say that people want to see compromise, and it looks a hell of a lot better than the stonewalling of the last two years. The ideologues on both ends of the spectrum will hate it, but this is a moderate country and therefore should be governed like one. I'm pretty firmly liberal, but I've accepted that things will not always be to my exact liking and I welcome a bit of compromise because it's what's most likely to get things done.
Are you fucking kidding me?
Are you fucking kidding me?
Are you fucking kidding me?
So the democrats caved on everything. I'm disgusted, especially after what America showed them this past election.
America and some of its land elected a Republican house, you mean.What did it show them? The composition of the white house and the legislature remained the same. America elected a Republican congress.
What did it show them? The composition of the white house and the legislature remained the same. America elected a Republican congress.
Indeed, my lingo is all frazzled. My point was that the Democrats position was not strengthened since the election.America and some of its land elected a Republican house, you mean.
What did it show them? The composition of the white house and the legislature remained the same. America elected a Republican congress.
Except for the extra senate and house seats and renewed presidential mandate.Indeed, my lingo is all frazzled. My point was that the Democrats position was not strengthened since the election.
The Democrats conceded on the estate tax: They'll keep the threshold for taxable estates at $5 million, with a 35% rate over that level. This, again, is a massive tax cut over current law, in which the threshold will drop to $1 million with a much higher rate.
Am I the only one that thinks that estate and indirectly gift taxes are one of the more important tools (if perhaps not the most important) to ensure that income inequaleties aren't permanented, and to avoid as much as possible the formation of an aristochratic class within a society?
Indeed, my lingo is all frazzled. My point was that the Democrats position was not strengthened since the election.
Indeed, my lingo is all frazzled. My point was that the Democrats position was not strengthened since the election.
Really don't see what Dems are getting in return for Div/Cap gains, estate, and moving to 450. Unemployment extension is not worth all of that.
I can't really see / justify the upside on this.
Heh. Forgot about that. They wouldn't even pass a 1 million dollar threshold.But there's no actual compromise so why are y'all so nervous? That wouldn't pass the house.
But there's no actual compromise so why are y'all so nervous? That wouldn't pass the house.
But there's no actual compromise so why are y'all so nervous? That wouldn't pass the house.
Or letting someone with a brain negotiate. You can thank Obama for this laughable "compromise" which is one of the most laughable caves in some time. He RAN on getting rid of these hrs and won a large victory. If he cannot get rid of them at this point, why should we expect any dem to do better in the future.You know what would solve the fiscal cliff? Secession.