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Ear to the Ground

Angry House Dems Reject Bush-Obama Tax Cuts

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Posted on Dec 9, 2010
Flickr / (CC-BY-ND)

The donkey bares its teeth!

Democrats in the House passed a resolution Thursday telling the president not to bother bringing his compromise extension of tax cuts for the wealthy to their chamber. Nancy Pelosi said Democrats would continue to work with the White House and, if history is our guide, the White House will continue to work with Republicans to get the bill passed.  —PZS

NPR:

House Democrats defied President Obama on Thursday, shooting down a deal between the White House and GOP lawmakers to renew the Bush-era tax cuts in exchange for an extension of unemployment benefits.

Democrats, angered by the plan to extend tax cuts to the wealthiest of Americans amid huge budget deficits and falling government revenues, passed a resolution stating that the tax package should not come to the floor of the House for consideration. Peter DeFazio of Oregon introduced the resolution.

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By ArcheoAstronomer, December 13, 2010 at 3:34 am Link to this comment
(Unregistered commenter)

Why is everyone ignoring the elephant in the room?

Stop the wars!  Pull money out of the Pentagon who already lost over a trillion they don’t know where. 

If we want to throw money down the toilet of war, we can use it to build up our
infrastructure and to subsidize new struggling businesses. 

Break the monopolies!  Let ‘competition’ - anathema to the Corporatists - run riot
in the land!  Bring our industrial base back home.

And none of us elected the president.  He is elected via the electoral college; why
does everyone ignore that also?  This is not a democracy, never was.  Maybe it is time we made it into one.

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By magwa101, December 10, 2010 at 2:10 pm Link to this comment

It is a false dilema. You pay anyway, on the front end, schools, infrastructure,
rising quality of life or on the back end, crime, lowered economic outlook, lower
quality of life.

Wealth is something we all share, or we all lose, together.

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By Reason, December 10, 2010 at 12:32 pm Link to this comment
(Unregistered commenter)

When will we vote for our interests and not for political rationalization.  Republicans are looking out for 2% of the US pop and can still win elections.  Are we Americans really that stupid.

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de profundis clamavi's avatar

By de profundis clamavi, December 10, 2010 at 6:03 am Link to this comment

By Blackspeare, December 9
Personally, I am part of the upper middle class and I don’t give a fuck about “millionaire’s taxes as long as mine don’t go up!!!!!  Whomever extends the tax cuts gets my vote——you always vote with your wallet——at least I do!

* * * * *

Mr Blackspeare: If you are only “upper middle class” as you describe yourself, the you probably depend on Social Security, Medicare, public schools, parks, roads, public transportation and policing and fire departments. And if you are honest with yourself, you did not live your life under a crushing burden of taxation in the 1990s, before the Bush tax cuts, especially since you had much better job security then.

These Bush tax cuts, which were barely noticeabe to the middle class when they were introduced in 2001, busted the federal budget. If they are continued, together with the compounded effect of the unfunded wars in Iraq and Afghanistan, “upper middle class”  people like you are going to be hurting when you realise that you cannot independently afford to replace your public schools, you fire department, your public library, your roads, your healthcare in old age and your retirement security.

You, Mr Blackspeare, are a shortsighted fool.

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By glider, December 10, 2010 at 4:18 am Link to this comment

B.S.. The only question is how many days until the New GOP Dems cave or reveal their true selves?

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By OldManCA, December 10, 2010 at 2:38 am Link to this comment

I did not feel over taxed during the Clinton years. If we go back to those rates I
can live with it, even though I’m only making about 60-70% of what I made then.

What I cannot abide is seeing the wealthiest 1% continue to shaft the other 99.

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By Chris Crieta, December 10, 2010 at 1:17 am Link to this comment
(Unregistered commenter)

I knew the Dems would block it, and Obama knew it too.
It was all strategy! Obama knows what he’s doing and
he’s doing it better than anybody, he’s smarter better
and more awesome than any other president ever!

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By CaptRon, December 10, 2010 at 1:04 am Link to this comment

I’m sick of hearing from the GOP that these programs like Unemployment Extension, etc. need to be paid for prior to them being enacted. I say let’s start by eliminating taxpayer paid Congressional Healthcare for each member and their families. They can afford it from all the money supplied by lobbyists and it saves tax money. Eliminate all that money we supply for their lunches, dinners, etc.. Again they will be replenished by the lobbyists. Is this all we need to fix things? Well, what do we have to lose? Fear of our government being bought? It already is, and we repay them to do so. I only hope we drive them from office, why would they stay if they aren’t considered “the people to get the job done”. Who would possibly take those jobs if they are not compensated properly? Well, I WOULD, and without the compensations. Heck, I’m unemployed, and I’m looking for a job that I can feel passionate about and that works for the people, with the people. Am I the best person for the job? Maybe or maybe not, but I would bring respect back to the job. I would use people who have compassion and passion for making things right just like people who originally came to this country wanted. I would not disrespect or discriminate anyone who had the same path and purpose. I may be unqualified in some eyes to handle the financial situation we have this country in, but I know that the people responsible now aren’t either. I know that it is the financial leaders that are the problem. Oh sure, they could force us to pay off the balance of what we owe or they will take collateral. What collateral, and I would dare them. I might be Commander and Chief and I know where THEY live. This change would not weaken our country, it would strengthen it. Afterall, we would then walk the same walk as all our enemies who hate us for how we use our riches(?) to manipulate the world and walk over others BECAUSE of their weakness in comparison. I’m not a young person and my time would be limited, but I’m not afraid of the right people taking my job. I would not care gender or age or ethnicity. I do care that their actions prove that they want to live, love, and breathe the very existence of a country that cares about the world and that the world reacts the same way in return. Fairness and compassion and passion for the country that I was born to and love with all my heart because we put people first. To some, I might sound like any other politician making false promises that sound the same as I stated. I understand this and I’m sorry. Respect must be earned and I have none because I have been repressed for a long time now. My fault? Maybe, but I haven’t gotten rich on the backs of other people, and the blisters and calluses on my hands are earned, and I’m poor(meaning uncompensated) because my politics are not as usual. Wouldn’t you agree that that seperates me from our current LEADERS(?)? I don’t need to be boss, I just want someone who I can feel knows and lives, in purpose, the way I have and really understands what we allow in the way of personnel to direct our country. Please Congress, let us be the budgeteers, and you quit while really letting the people run this country.

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By aacme88, December 10, 2010 at 12:27 am Link to this comment

@ Blackspeare

You don’t give a fuck about the deficit and the Republicans don’t give a fuck about the deficit but somebody needs to. Reducing taxes on the rich at the expense of the deficit is one way the Republican hirelings of the corporatists have come up with to destroy the middle and working classes and distribute their wealth among themselves.

“Through the 1984 election, the old guard earnestly tried to control the deficit, rolling back about 40 percent of the original Reagan tax cuts. But when, in the following years, the Federal Reserve chairman, Paul Volcker, finally crushed inflation, enabling a solid economic rebound, the new tax-cutters not only claimed victory for their supply-side strategy but hooked Republicans for good on the delusion that the economy will outgrow the deficit if plied with enough tax cuts.
***
It is not surprising, then, that during the last bubble (from 2002 to 2006) the top 1 percent of Americans — paid mainly from the Wall Street casino — received two-thirds of the gain in national income, while the bottom 90 percent — mainly dependent on Main Street’s shrinking economy — got only 12 percent. This growing wealth gap is not the market’s fault. It’s the decaying fruit of bad economic policy.”
David Stockman – Reagan OMB director

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By Blackspeare, December 9, 2010 at 4:49 pm Link to this comment

This was only a non-binding resolution of the Democratic caucus——it only grandstanding to make a point.  The GOP has Obama over a barrel because the president and the current Congress has no choice but to extend the tax cuts. If they fail to approve it the Democrats will take the blame for everybody’s taxes going up and then when the GOP has control of the House in 2011, they will then extend the tax cuts retroactively and take the credit for reducing everyone’s taxes.  Personally, I am part of the upper middle class and I don’t give a fuck about “millionaire’s taxes as long as mine don’t go up!!!!!  Whomever extends the tax cuts gets my vote——you always vote with your wallet——at least I do!

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