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Posted at 2:47 PM ET, 12/ 3/2010

Senate Democrats assail GOP over tax cuts ahead of Saturday vote

By Felicia Sonmez

Scrooge, fat cats and terrorists -- those were just a few of the names hurled at Republicans on Friday by a group of Senate Democrats led by Sen. Charles Schumer (D-N.Y.) over the issue of extending the Bush-era tax cuts. The jabs came one day before a planned vote on the cuts and amid increasing pressure to reach a compromise before the end of Congress's lame-duck session.

Joined by several Democrats who face tough reelection bids in 2012, including Sens. Robert Menendez (N.J.), Claire McCaskill (Mo.), Debbie Stabenow (Mich.) and Dianne Feinstein (Calif.), Schumer said that he's not against millionaires and billionaires. But he was heated as he pushed for an extension of the tax cuts on income of up to $1 million for households.

"The Republicans are not for the tea party. They are for the people with sterling silver tea service," Schumer said, wielding polling data suggesting that a majority of Americans supports extending the cuts for only the middle class.

On whether Democrats might agree to an extension for all income levels, which Republicans support, Menendez compared the scenario to negotiating with terrorists.

"Do you allow yourself to be held hostage and get something done for the sake of getting something done, when in fact it might be perverse in its ultimate result?" he asked. "It's almost like the question of do you negotiate with terrorists."

Responded Brad Dayspring, press secretary to House Republican Whip Eric Cantor: "Um ... No, senator, it is not. Not at all."

Menendez also accused the GOP of "playing Santa Claus for millionaires but Scrooge for the middle class."

"For those who make over a million, they want to give you a big fat check averaging about $104,000, with a bow on it," Menendez said. "For our children, they want to give them a $4 trillion bill to be paid back with interest for generations to come. That's their version of 'Happy Holidays.'"

McCaskill accused Republicans of hypocrisy for wanting to preserve the tax cuts for all income levels while at the same time advocating to reduce the national deficit.

"I'm wondering how people in America can take the Republican Party seriously when they talk about deficit reduction," she said, calling an extension of the upper-income cuts "completely unpaid for."

In a speech this morning, Senate Minority Leader Mitch McConnell (R-Ky.) pointed the finger back at Democrats, slamming them for pushing to raise taxes at a time when the country's economy continues to struggle.

"A number of Democrats have told their constituents that, no, of course they won't raise taxes in the middle of a recession," McConnell said. "They know as well as Republicans do that raising taxes -- on anybody -- is counterproductive in a fragile economy like ours. And they've said so. So we fully expect these Democrats to keep their word and vote against proposals that do anything less."

The sharp rhetoric comes as the Senate is slated to meet at 8:30 a.m. Saturday to tackle two votes on extending the tax cuts. One proposal put forth by Schumer would extend the cuts only for income of $1 million or less; the other would extend the cuts for income of $250,000 or less for families and $200,000 or less for individuals.

Neither measure is expected to pass, but Democrats are aiming to increase the pressure on Republicans to break with their party or face being portrayed as advocates of the super-wealthy.

Asked whether their offensive on the tax cuts has been undercut by the White House's bipartisan negotiations on the issue with congressional leaders, Schumer demurred.

"We are sticking with our position, and I believe the White House agrees with our position," Schumer said. "And whatever private talks are going on are going on."

McCaskill contended that President Obama would "certainly" agree with the Schumer plan to make $1 million the cut-off point, even though White House Press Secretary Robert Gibbsexpressed skepticism earlier this week that the plan would draw any Republican support.

"He has always said that the tax cuts above [$250,000] should expire," McCaskill said of Obama. "Obviously, he's supportive of the tax cuts above a million to expire. So he is certainly part of this effort and agrees with us on this."

By Felicia Sonmez  | December 3, 2010; 2:47 PM ET
Categories:  1,000 Words, 44 The Obama Presidency  
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Comments

What Republicans don't yet fully understand in their instance that the wealthy be included in the Bush tax cut extentions, is that they have given Obama their tacit approval to mount another stimulus package, deficit or no.

So while we are talking about another stimulus package, let's not forget about the 99ers. In addition to reauthorizing UI benefits, nobody will blame Obama for kicking the his compromise price up a notch by securing Republican support for a new "must work" program for those 99ers who have exhausted their unemployment benefits. This program would allow each state to design and run their own small, local, close-to-home work projects, using 99ers taken from their local unemployment lists. This program, too, would be designed to run until unemployment levels fall below 7.6%.

ex animo
davidfarrar

Posted by: davidfarrar1 | December 5, 2010 8:34 AM | Report abuse

It is simple.

"83 percent of all U.S. stocks are in the hands of 1 percent of the people."

If you want a government of corporations for corporations, vote Republican. If you want a government of the people, by the people, and for the people, vote for Democrats.

Posted by: outridercastle | December 5, 2010 12:41 AM | Report abuse

It is simple.

"83 percent of all U.S. stocks are in the hands of 1 percent of the people."

If you want a government of corporations for corporations, vote Republican. If you want a government of the people, by the people, and for the people, vote for Democrats.

Posted by: outridercastle | December 4, 2010 11:13 PM | Report abuse

The republicans screws the middle class and increase the debt!

Posted by: ok4u | December 4, 2010 2:59 PM | Report abuse

I remember when I built a house during the Carter administration, I paid all social security and other state required deductions for few people I hired and I will admit it was a pain without computers to keep track but I did it.

With computers is is not so hard if you can use a spreadsheet.

Some people complained about that because as one person said to me, "Folks around here don't do that."

When I watched the Gulf oil spill a few folks complained to Mr. Feinberg (on a C-span program) about BP reimbursements, some of them complained that they didn't have records because they always paid or received payment in cash.

But Mr. Feinberg to be legal has to give the IRS a 1099.

I suspect lots of America's small or tiny business operate under the table at least in part just as some of the Gulf residences aparently did.

So, that is part of the problem.

Posted by: LL314 | December 4, 2010 2:33 PM | Report abuse

As Warren Buffet said, income taxes are paid on profits and not on expenses. Not an exact quote.

That is great news! Because that means that I can deduct the cost of:

Erasers, pencil lead, computers, salaries, amount paid to social security for employees and towards the employee insurance, heat, etc.

I can also depreciate all kinds of equipment (even SUVS and super cab pickups) and save money that way.

So, I think raising the taxes on all income in excess of 250K for a family is OK since there are hardly any small business that I know that will have 250K left over after all legal deductions. Even if 250K is not high enough, the Republicans voted against raising the threshold above 1,000,000 just today!

Remember, you don't pay on gross income but on taxable income after you have completed schedule C and D and others.

Also, lots of the small businesses are people who have a business with only one or two employees such a a law office and they don't have many expenses and many of those are deductible.

Posted by: LL314 | December 4, 2010 2:14 PM | Report abuse

As a senior citizen I worry that I am a burden to the Republican agenda.

Based on the Republican credo do unto others before they do unto to you -
I humbly suggest that the Republicans deport all the old people instead of
(financially)killing them.

According - I would like to request for my deportation papers so that I may make application for the boat to Canada.

Posted by: MichaelLittleBig | December 4, 2010 1:13 PM | Report abuse

If a small business is not unionized the democrats want it to fail. That's a fact and undisputed by any reasonable person. The > $250k tax category they want to raise taxes on includes over 1 million businesses that employee nearly 10 million people. 10 million people the democrats want to add to the unemployment.

Posted by: fury60 | December 4, 2010 12:59 PM | Report abuse

If there were an ounce of validity to McConnell's claim that giving tax breaks to the rich is going to help this economy, every Democrat would go for it in an instant. But the dirty secret that everyone knows is that the problem with the economy is not that the rich don't have enough money. Borrowing from the Chinese to pay off the Republican millionaire constituency is moronic, and that's putting it gently. The trickle down theory was voodoo economics 30 years ago and is voodoo economics today--a real laugher.

The real Republican agenda is to cripple the economy, then blame the Democrats on the hope that it will give them more power in 2012.

A better strategy: Go ahead and give tax credits to business for American citizens hired in America, and shut down this cynical lie that giving tax breaks to the rich will trickle down.

Posted by: plchouinard | December 4, 2010 11:36 AM | Report abuse

I've decided you can't be a democrat legislator if you have been exposed to economics. Anyone that's had Econ 101 knows who creates productive jobs in this country and it's not those making $200,000 or less.

What we have now is a bunch of idiots creating non-productive government jobs which, like leeches, further sucks the the life out of our economy.

If these dimwits raise taxes on the wealthy just watch this economy spiral into a great depression. And, by the way, who is defining rich these days? It's a bunch of people banking on Americans having Homer Simpson mentality.

Posted by: thehamptons1 | December 4, 2010 11:23 AM | Report abuse

So here's a solution:
1) Keep the income tax cuts for everyone below the $200,000/250,000 figure;
2) Return the tax rate for those above those figures to the rate which was in place during the administration of the GOP's demi-god, Ronald Reagan, or to that before G.W. Bush started this problem;
3) In return for this higher income tax rate on the wealthiest Americans, offer tax credits for investment in the U.S. economy, with perhaps extra credits for investment in the manufacturing sector.

The goal here is to provide a strong incentive for the top 2% of wage earners to actually invest their money in our economy, rather than just holding onto it, which they have been doing, and which history suggests they tend to do during tough times. Everyone gets a good financial bargain out of this arrangement and the economy gets the huge surge of investment dollars.

I think the only difficulty will be defining "domestic" economy, since so many major corporations are so international in scope.
However, I think this can be done, and such legislation will provide the incentive for expansion of investment and massive hiring here at home.

Posted by: j24w | December 4, 2010 10:51 AM | Report abuse

Tax cuts are NOT going to help as long as there is corruption and stock market manipulation. See the movie "Stock Shock-The Short Selling of the American Dream" for a look at how things really work. If you are on a budget, buy the movie at the site www.stockshockmovie.com and save a few bucks. It is an education we all need.

Posted by: DeniseHubbard | December 4, 2010 10:20 AM | Report abuse

We all know the Republicans have been on the side of the rich and wealthy as far back as Eisenhower but Reagan is really the one who unabashedly spurned the middle class then there were the Bush boys both of whom have more money than god's accountants.

Now how the Republican were able to convince their middle and lower class constituents that tax "cuts" for the wealthy, the same wealthy class that has had enormous tax breaks and still sell our jobs to India I'll never know. The GOP is really good at sleight of hand, spin and outright lies.

The people over $250,000 will never notice a few percentage points nor will it keep them from paying rent or eating the way it would for those of us who struggle to work and live so the RICH can survive.

Until Americans realize that the rich are a protected class at OUR expense and that the GOP's main goal is to fatten the rich because those same rich people, ie Murdoch etc. are the ones funding the Republican and Tea Party campaigns.

Make not mistake that Palin and Beck are now part of that same rich class they and their political bedfellows are protecting at the expense of those of us who really work for a living.

The Dems should be relentless at telling the truth about the GOP and what the game plan for the majority of the GOP.

Charlie Rangel doesn't fit into this equation. He's hardly rich and you know his vote would be on the side of the middle class. Show me one republican who cares about the grunt workers in this country.

Posted by: davidbronx | December 4, 2010 9:08 AM | Report abuse

There is a direct correlation here folks. The more the rich have, the more unemployment the rest of us have. The rich do not create jobs they steal jobs from regular Americans.

Posted by: WDRussell | December 4, 2010 8:53 AM | Report abuse

Hey Democrats,

Rangel has under reported income, unreported income and unpaid taxes....

BYE BYE

DEMOCRATS

.

Posted by: kstobbe1

-------

kstobbe1, What a stupid and infantile statement. Rangel does not represent all Democrats just like Tom DeLay, convicted criminal facing life in prison, does not represent all Republicans. That would be like saying all Republicans are secretly gay based on Mark Foley, Ted Haggard, Larry Craig, Bob Allen & Glenn Murphy Jr. (all of whom had been charged with crimes related to their secret homosexuality.

When you post such stupid statement it reinforces the the perception that Republicans are simple minded dolts with limited ability for logical thought and a 3rd grade writing level.

Posted by: rcc_2000 | December 4, 2010 8:07 AM | Report abuse

All 14 people sitting on that panel to bring the spending down said we simply can not afford those Bush Tax cuts. They are asking for reduction in social security, medicare, cutting programs, etc, and to give that 1% of the fat cats in this country a big bonus while we pay for everything ourselves is totally stupid. That 1% must have paid those republicans a heck of a lot of money to vote for this Bill because nothing else would make any sense.

Posted by: carolo43 | December 4, 2010 7:54 AM | Report abuse

The Dems need to strap on a set and hold tight on providing a tax cut for those making $250,000 or less (I would be fine with $350k or less). The idea that keeping the break for the top 2% will stimulate the economy is stupid when you consider all they have done so far with the break is hoard the money away instead of investing. Go figure that the GOP rank and file are too stupid to realize this. They talk about reducing the deficit but they want the average American to pay the price and let those who can best afford to, and who have benefited from the American system the most, to skate away without paying back the country that gave them the system, infrastructure and means to make all their money.

The simple fact is that the richer you are in America the more resources provided by the government & system you use. If you use more you should pay more.

Posted by: rcc_2000 | December 4, 2010 7:54 AM | Report abuse

Well you idiots voted these fat cats in and yet most of you don't even make $50,000.00 and now they want you to pay for tax cuts for those who make millions. Look and listen then remember in 2012 who is on your side.

Posted by: SWAMPYPD | December 3, 2010 11:08 PM | Report abuse

Arrogance, greed and selfishness are the trademarks of the GOP in Congress today. It is shameful that the world has to watch these guys drop the ball on victims of the recession who can't find work while they support giving billionaires tax bonuses of $100K per year.

Can anyone spell S T U P I D for the Republicans?

Posted by: ronjeske | December 3, 2010 11:05 PM | Report abuse

It is about time these Republicans start being Americans first. We cannot afford to borrow to give tax cuts to the wealthy 2%. Wealthy fat cat's Boehner and McConnell we can't afford you and your crony buddies. What is it you don't get,I don't know how you have the nerve when this country is in such financial difficulties and so many suffering and you have the nerve to want tax cuts for yourselves. Try being Americans first.

Posted by: audrey2010 | December 3, 2010 10:45 PM | Report abuse

Schumer must think changing the language is going to work on the Republicans like it did on the Democrats for them to vote for health care. The anger ploy doesn't work anymore. The right to yell and scream doesn't work anymore. The bullies have met their match. The scale is balanced now and the bullies can't stand it when they have to listen and not force their will on others. What a dunce Schumer is. Reid created the new post so Schumer could take all the heat and allow Reid to stay in the shadows and hope the American people will forget how he helped forced all Americans into health care.

Posted by: houstonian | December 3, 2010 7:38 PM | Report abuse

Once again, Republicans attack concepts and consequences ... demonkrats attack individuals with ad hominum attacks. The first evaluates and solves the problem, the latter is purile and pointless.

Posted by: IQ168 | December 3, 2010 7:17 PM | Report abuse

If tax cuts for the rich created jobs, then why haven't more jobs been created by the very rich over the past year? This is the "trickle up" theory embraced by the GOP, which only works to create more wealth for the very wealthy, not what is left of the middle class, or the working poor. 8 years of Bush tax cuts have only enhanced the rich, not helped the bulk of American citizens. They now own 28% of the assets of the US, up from 8% years ago. it is all smoke a mirrors, just to keep the GOP in power, and reward their contributors. They are objecting to extending the unemployment benefits, until a way to pay for them is found, Guess what, don't extend the tax cuts for the rich, and it is paid for. What should be done is have a graduated extension, in five years, end cuts to those with incomes of more than 150k, and so forth.

Posted by: atc333 | December 3, 2010 7:15 PM | Report abuse

This arrogant "big government" movement started with TEDDY ROOSEVELT and has wormed it's way into all branches of federal government. the roll back started November 02,2010 and will continue until America is back to what has made her the wonder of the world;;;; INDIVIDUALISM AND SELF SUFFICIENCY.
No welfare programs have ever created a can do society; they create mediocrity and dependency. Peoplke can take care of themselves without government intervention, if not they need to learn in school instead of mating. They need to learn economics besides drug peddling, they need to understand they must have a marketable skill besides basketball.

Posted by: Nobama11 | December 3, 2010 7:09 PM | Report abuse

"I see one-third of a nation ill-housed, ill-clad, and ill-nourished. The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." Second Inaugural Address, Washington, D.C., January 20, 1937.FDR. History is repeating itself thanks to the GOPs inability to learn from the mistakes of the past.

Posted by: Americacares | December 3, 2010 7:09 PM | Report abuse

The TEA PARTY IS FOR CONSERVATIVE [small government] ie; do what the constitution says you can and let FEDERALISM GROW so the states control their business; get the feds out of education, health-care, carbon exchanges, food safety oversight, unfunded fed mandates, and focus on the very narrow window of responsibilities allowed under the constitution. Marxism will never take this nation over no matter how much money George Soros gives the OBAMA admin. REPUBLICANS WHO CONTINUE TO BE BIG GOVERNMENT PROGRESSIVES WILL BE GONE IN 2012.

Posted by: Nobama11 | December 3, 2010 6:57 PM | Report abuse

to the person lamenting whether the dollars saved from not giving Obama our money would be invested in AMERICA; here is how you do that very thing;; create a very cooperative business investment environment by keeping federal oversight and regulation to a minimum; reduce capital gains taxes so businesses reinvest in their companies; reduce payroll taxes to encourage hiring not [99] weeks of unemployment goodies; get rid of OBAMACARE TO build confidence in the $250,000.00 SBO'S so they can make [5] year growth plans, to amortize their capital investments.

Posted by: Nobama11 | December 3, 2010 6:47 PM | Report abuse

"The Republicans are not for the tea party. They are for the people with sterling silver tea service," Schumer said, wielding polling data suggesting that a majority of Americans supports extending the cuts for only the middle class

How many of those in that majority actually pay taxes? Democrats are playing the same old class envy game again.

"Do you allow yourself to be held hostage and get something done for the sake of getting something done, when in fact it might be perverse in its ultimate result?" he asked. "It's almost like the question of do you negotiate with terrorists."

It's only perverse when one views it from the democrats position. Why doesn't he require that all earning an income pay some taxes instead of letting 49% pay none?

A number of Democrats have told their constituents that, no, of course they won't raise taxes in the middle of a recession," McConnell said. "They know as well as Republicans do that raising taxes -- on anybody -- is counterproductive in a fragile economy like ours. And they've said so. So we fully expect these Democrats to keep their word and vote against proposals that do anything less."

Why do democrats want to raise taxes on those who do the hiring of employees when the national unemployment rate just jumped to 9.8%? Democrats want to exclude a portion of society in their taxing plans. Republicans want to include everyone. Which plan of allowing people to keep more of their own money do you think is more fair?

In the end, democrats have already proven that they are anti private business. The image they project is that they are for government controlled economy.

Posted by: gfafblifr | December 3, 2010 6:41 PM | Report abuse

Dems have controlled congress/senate since 2007; they have controlled the executive and legislative branches for [2] years with republicans having NO POWER TO STOP ANYTHING, now these mush brains are trying to blame REPUBLICANS for their ineptness; this is rich.

Posted by: Nobama11 | December 3, 2010 6:39 PM | Report abuse

IF there are "tax cuts" which free up money for "investment", what is to guarantee that the "investment" will be made in the United States to benefit workers here ?
Doesn't "investment" seek the highest return ?
If that "highest return" can be made in England, Russia, China, Japan, Singapore, India, Brazil, Vie5tnam, etc., what is to prevent it from going there ?
Better to pay in taxes here IF they are used to draw down the debt ( not just the "deficit" ) and to keep generations yet unborn from having to pay interest to foreigners and governments who have no respect for the ideals of our Declaration of Independence.

Posted by: IAFarm2 | December 3, 2010 6:36 PM | Report abuse

Dear Sirs,
Forget about Republicans making agreements behind closed doors.
Demand that they read a budget, sign it, and then send it to the Senate.
No more compromises!
We have waited, for two years, for them to act with all deliberate speed.
If they want to show any sign of responsible behavior, let them do it in public!
Clifford Spencer

Posted by: yankeefan1925 | December 3, 2010 6:25 PM | Report abuse

The Republicans have no shame. They will just continue the same way they have for the past many months.

Posted by: softjazz41 | December 3, 2010 6:24 PM | Report abuse

I love how the Republicans can dish out the dirt and lies while passing themselves off as populists. Additionally, they have no problem with go after the democrats whenever they can make political points.

Oddly, they must have glass jaws, because they certainly can't take the heat when they are on the defense.

Are we seeing emboldened Democrats? I certainly hope so.

These are not difficult targets. When the Republicans are in favor of blocking unemployment benefit extensions for millions of people, yet have no problem increasing the deficit to extend tax cuts for the wealthiest Americans they are living in a house of straw. It is not difficult to blow that house down.

Posted by: dvdpiano | December 3, 2010 6:22 PM | Report abuse

Let's see what people think of this:

1) Taxing the rich kills economic growth, which reduces tax receipts, which leads to lower government spending or crippling deficit spending, which improverishes EVERYONE!!! or

2) Reducing taxes for all spurs economic growth, which leads to higher tax receipts which leads to higher government spending, which enriches EVERYONE!!!

Well, Democrats want (1); Republicans want (2). Read your history: (2) works; (1) doesn't. Democrats fervently want (1) to work, but . . . it just DOESN'T!!!

Posted by: Craigskeet | December 3, 2010 6:22 PM | Report abuse

I love how the Republicans can dish out the dirt and lies while passing themselves off as populists. Additionally, they have no problem with go after the democrats whenever they can make political points.

Oddly, they must have glass jaws, because they certainly can't take the heat when they are on the defense.

Are we seeing emboldened Democrats? I certainly hope so.

These are not difficult targets. When the Republicans are in favor of blocking unemployment benefit extensions for millions of people, yet have no problem increasing the deficit to extend tax cuts for the wealthiest Americans they are living in a house of straw. It is not difficult to blow that house down.

Posted by: dvdpiano | December 3, 2010 6:12 PM | Report abuse

It's amazing to me that people are treating personal income and small business income as the same thing. They are not. Taxing personal income is different than taxing small business income. Perhaps someone needs a good CPA, tax adviser, or new CFO.

Posted by: jfwp | December 3, 2010 6:04 PM | Report abuse

I would be more impressed with the Democrats, if they would attack their House counterparts for not even being able to pass a budget. These people think they deserve to be governing? Based on what?

The basic function of Congress is to pass a budget for the country. These people can't pass a budget because every budget amendment has them putting their fingers in the air trying to figure out who wins or loses. Just pass the budget and worry about the politics later. Hell, what difference does it make, you've already lost the house, put a budget into play and see if you can pass it, while you still have the majorities.

Instead, all they do is play games with legislation. If they can't understand why they got voted out, they must be part of John Edwards other America, whatever that is.

All I can say is, Thank God Harry Reid Won his Election. Schumer is obnoxious enough without him being the Senate Majority Leader.

Posted by: bflat879 | December 3, 2010 6:04 PM | Report abuse

This is what Dems mean by civility. But of course, they take their lead from the president who thinks the GOP is the enemy.

Sure

Posted by: guthriej | December 3, 2010 5:42 PM | Report abuse

I am amazed by the hatred in many of the liberal responses. I have paid huge amounts of taxes, probably more taxes in a year than most of these respondents pay in lifetime. The simple math to this is that the money that is not taxed away is used to buy equipment or hire more salespeople to grow the business or support more sales. The sales do not come before the investment, the sales come as a result of the investment. You problably don't know that banks don't lend money to cover investment in new personnel and won't lend money to buy new equipmet if the business doesn't have adequate networth, which is money left after taxes. The economic growth engine of small business requires money to invest and grow. The recession has absorbed much of that cash keeping the doors open, so there is little cash to support business growth. As we start to recover and start making money again, taxing the money away from us will prevent us from hiring and prevent the bansk from lending us money for new equipment. It is Economics 101 and all your ranting and hatred won't change the fact that it takes money to hire new employees and buy new equipment and the deficit will only increase further if small businesses are not encouraged to prosper. Fortunately in two more years the rest of libs will be on the street and we can try to save what is left.

Posted by: sjones3 | December 3, 2010 5:41 PM | Report abuse

Tea people, where are your leaders now...hmmmm not caring for you, you gave them all your money and your votes and what will you get in return...Nada Zilch Zero...You have been had and when the stuff hits the fan, who will be crying for you...Certainly not Rush..Millionare...Beck...Millionaire...Palin...Millionare...you are so foolish its pathetic...some said earlier look in the mirror...

Posted by: janetmramos | December 3, 2010 5:35 PM | Report abuse

Well, why not let all the tax cuts expire, and deal with any hardship that results on a case by case basis?

The alternative is to have to raise the debt ceiling again, within just a few months.

Posted by: OldUncleTom | December 3, 2010 3:12 PM | Report abuse


God forbid we cut government spending.

Posted by: mbs235 | December 3, 2010 5:16 PM | Report abuse

The argument by Republicans is that raising the current tax rate will cause more job loss, and that the uncertainty of the tax rate requires that businesses do nothing in the way of hiring. Do not lose sight that small businesses invest and hire first (takes a risk) in order to handle increases in the potential clients or the economy in general. With this current situation, many business are not hiring, including myself. If taxes stay at the current rates, we predict an increase in sales and we will hire 4 more employees as soon as possible. My ROI will not be for at least 1-2 years, but it will be worth the risk as I can continue to grow. If they raise taxes, I will not hire anyone, maybe even lay off 2 people as it will be in the best interest of my company's survival. That is a hard fact.

Posted by: Bosoxfan | December 3, 2010 4:50 PM | Report abuse


Bosoxfan's comment is well worth repeating, especially in light of how many comments are posted here from people who have no idea how tax increases on small businesses affect the economy. No, a tax increase on the "wealthy" (those people who create jobs) will not help the economy, which is what I keep reading from the geniuses who post commments at the Washington Post. Let's focus on jobs first. Cut government spending, don't raise taxes.

Posted by: mbs235 | December 3, 2010 5:12 PM | Report abuse

I'm disappointed in the coverage of this story, which has been very perfunctory. For how many years is the tax cut extended in these proposed bills? Or do they make it permanent? It should matter.

These votes must be held against the Republicans: they are voting against a tax cut, or to put it in their own words, in favor of a tax increase.

Posted by: chinshihtang | December 3, 2010 5:05 PM | Report abuse

One must be charitable to the Democrat politicians, they are so busy torturing the truth they don't recognize being hip deep in Hypocrisy.

No honor among thieves here.

Posted by: DrMysterious | December 3, 2010 5:04 PM | Report abuse

Well, GWB CUT taxes in a time of prosperity, so why not continue that logic of RESTORING taxes to the level before the cuts? GWB & the GOP turned the concept of higher taxes during prosperity & lower taxes during recession upside down. So, ok, raise taxes during a recession. So, did those tax cuts prevent the mess we're in? NO!!! Restoring taxes to previous levels, except for the middle class, will help, not hinder economic recovery, while avoiding adding $billions to the national debt.

Posted by: dwerner1 | December 3, 2010 4:59 PM | Report abuse

Many people in America don't read anything like this editorial.

They listen to Fox network and all their propaganda tailored to someone who has a 6th grade education.

The Republicans know how to talk when they are running for office.

They say:"------abortion-------death panels--------socialist--------Muslim--------raise taxes."

You can fill in the blanks any way you like. The people on the 6th grade educational level aren't listening closely anyway.

Posted by: janye1 | December 3, 2010 4:57 PM | Report abuse

Where were all these lemmings who are lined up behind the Republicans screaming for less spending and a balanced budget when Bill Clinton balanced the budget, created 23 million new jobs, and left office with a surplus? Did you hear any of them cheering then? No, they didn't care much about the economy then, they just impeached him because he was horny.
So then we got Bush, who rammed through those tax cuts by promising that in 10 years his hair brained trickle down, voodoo plan would create even more jobs, everyone would be fat and happy and it would be party time in America. So how'd that work out for ya?
These Republicans office holders are showing themselves to be nothing more than cowering laps dogs for their multi national, profit over country, corporate masters who keep them in office and on a short leash. Disgusting! Ecccch!

Posted by: lawofficemail | December 3, 2010 4:51 PM | Report abuse

I have three words for the Democrats -

1. Reconciliation. 2. RECONCILIATION. 3. R E C O N I C I L I A T I O N ! ! !

Get it? Use RECONCILIATION to extend the Bush tax cuts for the MIDDLE CLASS, only!

We can't afford to borrow another $700 Billion dollars to give tax breaks to people earning more than $250,000 per year.

Did I mention that you should use RECONCILIATION?

Posted by: Krashkopf | December 3, 2010 4:50 PM | Report abuse

ehayes2 wrote:

The Repub. argument for extending the Bush tax cuts for those earning above $250,000 is it will promote job creation. But it hasn't for over 8 yrs., how can they defend that position? The wealthy aren't stupid, jobs won't be created until people start showing up with purchasing money, then business expansion makes economic sense, regardless if their taxable income has taken a hit.

***************************************
The argument by Republicans is that raising the current tax rate will cause more job loss, and that the uncertainty of the tax rate requires that businesses do nothing in the way of hiring. Do not lose sight that small businesses invest and hire first (takes a risk) in order to handle increases in the potential clients or the economy in general. With this current situation, many business are not hiring, including myself. If taxes stay at the current rates, we predict an increase in sales and we will hire 4 more employees as soon as possible. My ROI will not be for at least 1-2 years, but it will be worth the risk as I can continue to grow. If they raise taxes, I will not hire anyone, maybe even lay off 2 people as it will be in the best interest of my company's survival. That is a hard fact.

Posted by: Bosoxfan | December 3, 2010 4:50 PM | Report abuse

I just wonder when everyone is going to stop saying nasty things and picking fights. It gets us nowhere. I think we should expell all those politicians in DC and come up with some that know how to negotiate. It does no good to have tantrums because it is either your way or no way. Putting up blockades. Look at the name calling! Why not just compromise and extend the tax cuts for everyone with income $1,000,000 or less per year. A million dollars a year is a lot of money to live on and why can't those people pay into the health of the U.S. They are more able to enjoy the benefits of living here than poor people. What has happened to the negotiating skills our government used to have??? I sure miss Ted Kennedy.

Posted by: Ambrita | December 3, 2010 4:42 PM | Report abuse

Ten years of Bush Tax Cuts for the wealthy and where are the jobs Republicans? you are all full of it! You had your chance, where are the jobs? 10 years of handouts for the Party of No that complains about raising the debt and deficits unless of course they have to actually help America pay it down too! NO more tax cuts for the party of NO.

Posted by: Hillary08 | December 3, 2010 4:38 PM | Report abuse

The democratic legislators should have to swallow a dose of reality with being forced to face our nation's economic woes like the rest of Americans. The unemployment rate is stark and ridiculously high, the housing market is a bust with foreclosures. What have these demcrats in office accomplished? Not much except keep the seats warm in Washington and collect their paychecks.

Posted by: Rhonda5 | December 3, 2010 4:38 PM | Report abuse

Well we all know we have to cut the taxes of the rich by extending the Bush cuts to those making over $250,000 a year. After all they haven't gotten enough from the government. The bailouts, and the fact that they are now sitting on billions while the middle class is still unemployed is not enough. They have earned, they deserve, and they should not have to go without huge tax cuts too.

Posted by: tinyjab40 | December 3, 2010 4:36 PM | Report abuse

Every taxpayer be they billionaire or pauper is getting a tax cut on the first $250,000 they earn. Less than 3% of small business owners pay taxes on over $250,000 a year. These are known facts put out by the Congressional Budget Office and tax officials. Most people, including wealthy people, think it makes no sense to continues tax cuts for millionaires and billionaires. So what could possibly be the reason republicans insist they will shut government down unless the very wealthy get tax cuts which will add $700 billion to the deficit? If you examine it closely there is no "reason" for that. The true purpose is to not allow the President to govern and then say he could not govern. How un-American can republicans be? These people who wallow in their supposed deep religious and patriotic values are demonstrating they have neither.

Posted by: jjdenton | December 3, 2010 4:34 PM | Report abuse

These democratic legislators should be given a "dose of reality" with our nation's current fiscal woes...The uneployment rate is still ridiculously high, the housing market with foreclosures is shameful, etc....What have the Demcrats in the House and Senate accomplishied? Nothing except act as a "seat warmer" and collect their paychecks.

Posted by: Rhonda5 | December 3, 2010 4:34 PM | Report abuse

These democratic legislators should be given a "dose of reality" with our nation's current fiscal woes...The uneployment rate is still ridiculously high, the housing market with foreclosures is shameful, etc....What have the Demcrats in the House and Senate accomplishied???? A whole lot of nothing....They still collect their paychecks from all of the taxpayers, though...

Posted by: Rhonda5 | December 3, 2010 4:31 PM | Report abuse

The truth is if we were serious about deficit reduction, which we are not, there should be no more tax cuts for anyone and unemployme­nt benefits would be paid for by cutting from the Pentagon's fat budget.


But we lost all pretense about being a serious, problem solving country when we elected that Republican clown Zombie Reagan with his voodoo fairy tale.


Feed the rich...
... Tax the unemployed and poor to death.


Brought to you by the Party of:

G.reed
O.ver
P.eople

.

Posted by: DrainYou | December 3, 2010 4:30 PM | Report abuse

These democratic legislators should be given a "dose of reality" with our nation's current fiscal woes...The uneployment rate is still ridiculously high, the housing market with foreclosures is shameful, etc....What have the Demcrats in the House and Senate accomplishied???? A whole lot of nothing....

Posted by: Rhonda5 | December 3, 2010 4:30 PM | Report abuse

I get tired of hearing that keeping the tax cuts adds Billions to the Deficit. No, it only adds to the deficit if they spend money they didn't receive from taxes. No taxes, quit spending. Pretty simple to me.

Posted by: tdressler | December 3, 2010 4:21 PM | Report abuse

Thank You! Gentlemen

Posted by: dwight_e_robinson | December 3, 2010 4:14 PM | Report abuse

The Repub. argument for extending the Bush tax cuts for those earning above $250,000 is it will promote job creation. But it hasn't for over 8 yrs., how can they defend that position? The wealthy aren't stupid, jobs won't be created until people start showing up with purchasing money, then business expansion makes economic sense, regardless if their taxable income has taken a hit.

Posted by: ehayes2 | December 3, 2010 4:12 PM | Report abuse

The tax cuts for all should expire. Tighten the belt or put water in the soup, as my Grandmother would say. Our country is in sad financial shape. Until we are completely our of Iraq and Afghanistan, two unfunded wars, thanks to Bush/Cheney. We need to bite the bullet. It is time to make our country moral, ethical and financially sound.

Posted by: janetal2004gmailcom | December 3, 2010 4:02 PM | Report abuse

The Republicans have been waging a war against the middle class and the working class since at least 1981. Income distribution in the USA is now the same as many Banana Republics and we are in danger of being turned into a Third-World country. But the rich will still get their bonuses and the Republicans will get their corporate election funds. The blue collar? They will be led down the garden path by Glenn Beck and Rush Limbaugh and will stay none the wiser, but much poorer.

Posted by: ianmac37 | December 3, 2010 4:01 PM | Report abuse

I'm always amazed at how this stuff is positioned by democrats...ie; as if the Republicans are voting for tax cuts and thereby forcing the government to give checks to the wealthy. First off, it's not a tax cut, it's just not a tax increase! Oh, and by the way, it's their money! Rather than being a case of our all knowing, benevolent government giving something to the wealthy, it's the exact opposite, they're simply taking less.

The other thing is the characterization of all of this as "midddle class tax cuts". If what is reported is true, that folks making over $250,000 represent the top 2% of the population, then it only stands to reason that 98%of us make up the middle class!?!? What a joke these people are in DC are.

If they would confine themselves to laying the groundwork to encourage the entrepreneurial spirit that has made this country great, thereby creating jobs, and stop spending so much of our money, then the current tax rates will generate way more income in taxes than jacking up the rate on the top 2% will ever produce, while mired in a down economy.

Posted by: cfblack | December 3, 2010 4:01 PM | Report abuse

People just don't get it; rich Republicans care more about increasing their abundance than the middle class cares about protecting their own subsistence.

Greed has it's consequences.

Posted by: JEP07 | December 3, 2010 3:52 PM | Report abuse

While the left and the right wage a blog war from the comfort of their basement, in their jammies, the American way of life is rapidly slipping away; forever. Grow up, stop whining and make some hard choices for our children. Balance the budget, enact term limits and reduce the size of government and taxes. Wake up!

Posted by: jrobertday | December 3, 2010 3:51 PM | Report abuse

Rangel could not come up with the money for a lawyer. How is he going to pay the government back? Selling his pricey real estate may be hard in this economy. Watch him weasel out of it!

The republicans WON on Nov 2 and we do NOT want the tax cuts to expire. If they do, IT WILL BE THE LARGEST TAX INCREASE IN THE HISTORY OF THE USA. And it will al be on Obama's back!!!

The democrats have ruined this country and Obama has added steroids. The dems have no right to lecture anyone. GET THEM OUT OF THERE! Let the healing begin and the jobs come back - without the unions!!

Posted by: annnort | December 3, 2010 3:44 PM | Report abuse

The Republicans passed both of Bush's tax cuts using reconciliation,i.e.,a majority vote,not a super majority of 60.So,why can't the Democrats who have 59 senators in their caucus use reconciliation to pass the middle class tax cuts only?

Posted by: johnbird1 | December 3, 2010 3:36 PM | Report abuse

The fact that the extremist Republican party is holding the entire congressional agenda hostage (again) in their pursuit of their beloved unfunded, deficit producing ($700 Billion!) Tax Cuts for Billionaires proves once again that the middle-class Republican base morons (Teabaggers) who cheerlead for Republican policies like this, are some of the dumbest f-ing people on the face of the earth.

.

Posted by: DrainYou | December 3, 2010 3:35 PM | Report abuse

ks, you posted the findings of the ethic committee and it appears they did a fair job.
But, your Boehner wants to get rid of the ethics committee. Now, why is that?

Posted by: kathlenec | December 3, 2010 3:33 PM | Report abuse

The Republicans passed both of Bush's tax cuts using reconciliation,ie,a majority vote of the senate.Why can't the senate Democrats use reconciliation to extend the tax cuts only for those earning under $250,000 a year? Democrats do have 59 senators,so even if a few of them vote no,they would still have 55 or 56 votes to pass the middle class tax cuts only.

Posted by: johnbird1 | December 3, 2010 3:32 PM | Report abuse

How can anyone doubt what the republicans are, who they represent and their lack of concern or caring about the welfare of our country and us?
With their actions, their goals, regardless of consequences have put them well on the path to becoming our country's most dangerous domestic terrorists.

Posted by: kathlenec | December 3, 2010 3:28 PM | Report abuse

Hey Democrats,
Rangel has under reported income, unreported income and unpaid taxes....
BYE BYE
DEMOCRATS
Posted by: kstobbe1
===================
YEAH that is true and he will pay all the DEBT back...

Unlike the DEBT your Republican Created to the tune of $14 Trillion and Entitlement Money to Wall Street Greed Monsters.

Posted by: pdq2 | December 3, 2010 3:19 PM | Report abuse

Well, why not let all the tax cuts expire, and deal with any hardship that results on a case by case basis?

The alternative is to have to raise the debt ceiling again, within just a few months.

Posted by: OldUncleTom | December 3, 2010 3:12 PM | Report abuse

And the banksters and the free traitors continue looting America while we talk about cutting off granny's social security check and giving obscene gifts to millionaires.

NO JOBS = NO TAXES = NO AMERICA


So when are our politicians going to address the offshoring of our economy to benefit the few while destroying the many?

Posted by: PennyWisetheClown | December 3, 2010 3:06 PM | Report abuse

.

Hey Democrats,

Rangel has under reported income, unreported income and unpaid taxes....

BYE BYE

DEMOCRATS

.

Posted by: kstobbe1 | December 3, 2010 3:03 PM | Report abuse

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