Why don't we just return to pre-Bushy Cheney Top2 Percenter Taxes?

[ShockediSay]

These Top Two Percenters, besides coming up way short on their tax payments for over 10 years

costing US $400 Billion this year alone

giving US our debt problems

gave 98% of US the Great Recession.

Wazzamatter?

We afraid we won't get Wall Street political contributions?

Corporate money contributions?

Those garbage scows have sailed.

And we say Pakistan and Afghanisan is corrupt!

[JoePhilly]

1. Because Congress would not pass it.

[Zax2me]

3. Well, what about when we had the senate AND house?

If we could not pass this stuff when we owned the house, senate and Presidency now is no time to bitch because the house is repub.
We should have done it before.

[JoePhilly]

10. Blue Dog Dems, who voted FOR the Bush tax cuts originally ....

way back before Obama was President, and way before the Dems took a majority, would not support it.

You can go back and look up which Senate Dems voted with the GOP on the origial cuts. And the SAME Dems that voted with the Republicans to pass those cuts originally, were unwilling to support any effort that would have ended them when the Dems had a majority.

It really is that simple.

[Time to Barf]

2. Because Obama caved in last year

Could have stood pat, and the tax rates would be normalizing.

But Obama wants to kiss more Republican asses, so he kisses them.

It's time to end Democratic Leadership Committee (and its future spawns) from ever touching the Government. If they want to fuck it up, let them sign on with the Republicans.

So we can safely ignore them.

[SDuderstadt]

4. Yeah...

he could have "stood pat" and wound up increasing taxes for far more than the top 2%, as well as not extend unemployment benefits for millions.

No thanks.

[doc03]

6. He he would have "stood pat" we would have lost the House,

oh that's right we did. Never mind.

[SDuderstadt]

8. How would he have...

"stood pat"?

Please lay out the scenario.

[doc03]

9. Simply refused to extend the tax cuts. n/t

[SDuderstadt]

11. And had unemployment benefits cut off for...

how many?

[doc03]

5. I would be willing to go back myself and I am in the other 98% n/t

[JoePhilly]

12. The majority of the 98% did not agree with you.

Those making uder 250k had no problem IF the taxes for the wealthy returned to prior levels. Having said that, they were AGAINST having their own relatively small tax break return to those prior levels.

It should also be noted that if Obama let those taxes expire on the other 98%, it would have been his "read my lips moment". As a candidate Obama promised NOT to raise taxes on those making under 250k. If he let those expire, the media would be running endless clips from now til the 2012 elections, showing Bush #1's promise to not raise taxes, and then showing Obama breaking his promise to the 98%.

The reality is that the 98%, and the GOP don't care about the deficit at all. Its only an issue because the GOP is out of power. If they get back in, it will become a non-issue, right after they kill Social Security, Medicare, and reduce taxes on the super rich another 20%.

[doc03]

13. I think we need an adult in Washington that levels with us

for once. We have massive deficit and it gets worse every day you have to do two things cut spending and raise taxes. It is not popular to raise taxes but we are going broke, it is either that or gut government programs. It didn't seem to bother Obama to break his promise and extend the tax cuts for rich. I honestly don't think he will stand pat on anything. Give me an example where Obama has drawn a line in the sand and refused to give in on anything?

[JoePhilly]

14. You really do miss the point.

There is nothing Obama could say to the 98% to make them HAPPY that their taxes were about to go up ... NOTHING.

He knew it, the GOP knew it.

btw ... the tax cut for the upper 2% does nothing to help the economy, reducing taxes on the bottom 98% DOES help the economy. They SPEND IT. Same is true for the unemployment extenstion Obama obtained.

The Deficit is a bullshit issue. It only becomes an issue when the GOP is out of power. And if they regained control of the WH tomorrow, it would STOP being an issue.

Earlier today he said he would veto another one week extension of the budget. Happy?

[doc03]

15. I don't think the deficit is a bullshit issue, this debt just can't be

sustained. I have been on the side of cutting the deficit way back to Ross Perot. I think he has been proven right about that and NAFTA over the years. I just turned on the TV and it sounds like he came to another agreement on a 1 week extension, is there anything Obama will fight for??????

[valerief]

7. The Master Puppeteers have decided it's time for America to become

a crappier version of Mexico.