Posts Tagged ‘bush tax cuts’

Via this tweet the Lonely Conservative shows why Morning Joe didn’t have any clips of Bob Scheiffer this morning

It looks to me that this is a conversation really doesn’t help advance their template today so I guess Scheiffer is off the table, we’ll leave it to Breitbart TV.

…over the White House compromising over the Bush Tax Cuts™

Mika looks like she is going to throw up.  Joe can’t believe it, you’d never know he was a republican, and Jon “I ran Newsweek so well that it sold for less than a Whopper Jr.” Meacham is now re-evaluating Barack Obama.

Well you know Jon as a wise woman once said.

“If you say someone is qualified when they are not you lose credibility!”

But hey who knew that Obama might not be all that he seemed to be.

Well maybe they could change the subject to something like Helen Thomas’ latest rant. Or did that actually happen? I see a memeorandum thread and Michael Totten

She’s right that no American would tolerate white-only roads. Israelis, likewise, would never tolerate roads for Jews only. That’s why such roads don’t exist.

The roads she’s referring to in the West Bank are Israeli, and they’re not just for Jews. Israeli Arabs can drive on them, and so can non-Jewish foreigners, including Arab and Muslim foreigners. Palestinians were once able to drive on them but have not been allowed to do so since the second intifada, when suicide bombers used them to penetrate Tel Aviv and Jerusalem in order to massacre people.

There are also, by the way, Palestinian roads in the West Bank that Israelis can’t use.

I’d say that’s news even more so that the 60 minutes facebook piece. What do you think? Over to you guys.

When the initial Bush tax cuts were proposed the making of the tax cuts temporary was a compromise that democrats and liberal republicans managed to forge to keep their constituents happy. If they could not stop the Bush Tax Cuts they could at least make them expire thus giving some consolation to their progressive followers.

Although Bush over and over suggested the Tax cuts be made permanent he could not manage to find the votes.

Now we come to 2010. The economy is bad and unemployment is rampant and now Democrats who were so proud to keep the Bush tax rates from becoming permanent find themselves trapped once again!

Once again the left is screaming “tax cuts for the rich” and their supporters are screaming for them not to cave in figuring that even after the republicans take control in a month they will not have the votes to get it passed.

Meanwhile Republicans are pushing to make the Bush rates permanent.

And so the white house and their advisers are leaning toward compromise, another extension, maybe two years of the Bush Tax Cuts. And thus the trap is set again.

The smart thing for the administration would be to pass the cuts NOW and make them permanent for several reasons.

1.  This will take the issue off the table, every time they simply extend the “Bush tax cuts” it sets up democrats in an election years to defend increasing taxes on business. (You know the folks who actually hire people.)

2.   As long as they are not permanent they remain the “Bush Tax Cuts”. Once they are permanent then they just become the US tax rates. Keeping them temporary keeps them associated with republicans and George W. Bush.

3.   If a democratic congress passes the tax cuts, then they not the republicans will get (and actually deserve) credit for the positive economic results. If it is passed once republicans are in power, republicans will get (and deserve) the credit for the results.

4.  If they are not passed and the economy gets worse (as the result of the tax hike) Republicans can directly blame democrats. Great issue for 2012.

5.   And finally if this is done NOW, then democrats have two years to placate their base. It will be over and done with.

Making the tax rates permanent would be not only the right thing but also the smart thing. That’s why I’m positive the democrats will fall right into the trap and simply vote for an extension at best. Given the chance to do the right or smart thing, the Democrats can be counted on to miss the boat.

I wonder if George W. saw all of this coming years ago and actually intended to set this trap for the left?

Update:
Crooks and Liars thinks the democrats have the GOP right where they want them. I’m telling you it’s just too easy. How do we ever lose elections to those guys?

Next time someone argues that tax cuts need to be paid for follow these steps:

Step 1: Ask them to hand you a $20

If they say NO press them, if they point out it is their money ask why they have a right to keep their own money but someone else doesn’t?

If they say YES or just give you the money put it in your pocket and drop the subject.

Step 2: Wait for them to ask you for it back.

If they don’t ask for it back, keep it until they do, if they never ask for it back when you see them next go back to Step 1

If they ask for it back, inform them they you can’t give it back until you can find a way to “pay” for that $20. If they absolutely insist tell them you’ll be happy to negotiate a deal whereby he gives you $5 a week over the next 4 weeks and you will give them back that $20.

If they argue that it’s not the same thing because they are not “rich” point out any one thing that they own that you don’t to illustrate they have more than you and how unfair that is. Watch them become free market capitalists almost instantly!