Deal Struck?

Here is the outline, as I understand it.

Rates on the rich will increase, but only above the $400,000 threshold, rather than the $250,000 threshold so beloved by Obama. But the tax cut for those making less than $400,000 would be permanent -- no sunsetting, no expiration date.

However, some exceptions and deductions will be lost for those making more than $300,000 (jointly) or $250,000 (singly):

Under the proposed accord being hammered out by Biden and McConnell, households earning less than that would largely escape higher income tax bills, though couples earning more than $300,000 a year and individuals earning more than $250,000 would lose part of the value of their exemptions and itemized deductions, under the terms of the emerging agreement.

The estate tax rises from 35 to 40%, but the $5 million exclusion (the first five million isn't subject to tax) remains.

You'll be happy to know we've agreed to keep spending an awful lot of money. Republicans spin this, saying they've gotten a permanent good in exchange for a temporary bad, but we never get around to spending, do we?

Low-income households would also benefit from a five-year extension of credits for college tuition and the working poor first enacted as part of Obama’s stimulus package in 2009. And businesses would see a variety of popular tax breaks extended, including a credit for research and development.

...

The two sides also appeared to have reached consensus on unemployment benefits, with Republicans acceding to Democratic demands to keep benefits flowing to the long-term unemployed for another year. Medicare payments would not be cut for doctors next year, and the cost of preserving those programs would not be offset with other spending cuts

There are no damn cuts in the agreement. The agreement isn't quite struck yet, as the sides are hung up on what to do about the automatic sequester -- Republicans want to delay that for three months, in order to revisit spending issues later without, I guess, the supercharged atmosphere of the current negotiations. Democrats want the cuts delayed until after the 2014 election (to 2015).

Sabotage? The liberals apparently hate this deal, so Obama larded his 1:30 speech with attacks against them, possibly to provoke them into walking away from a deal he's finding politically tough. (The liberals are incensed that the $250,000 threshold was moved.)

Obama: "If Republicans think I will finish the job of deficit reduction through spending cuts alone … then they've got another thing coming"

Others call the "speech" a "political rally" and "tone-deaf."

Republicans are apparently reacting angrily, but who knows if they'll walk away.

ATM Fix Permanent? The current plan is to fix the ATM -- permanently.

And nearly 30 million households would be protected from paying the costly alternative minimum tax for the first time — either on their 2012 tax returns or at any time in the future. The developing agreement calls for a permanent fix."

Is There Any Hope? Soothsayerwing Plover has an idea:

emember that ROBERT PALMER video with all those hot looking CLONE MODELS behind him?

that's what Boehner should do

Florence + the Machine did a cover, I just learned.

Posted by: Ace at 02:28 PM



Comments

1 daaahhh first!

Posted by: simpleton at December 31, 2012 02:29 PM (i3pKT)

2

a deal made with Joe Biden

wonderful

Posted by: Soothsayer Riprock at December 31, 2012 02:30 PM (vyPsz)

3 Gahdamned 99 weeeks of sittin on their asses and getting half of the money from their old employer. Dammit Dammit Dammit.

Posted by: Funemployment at December 31, 2012 02:31 PM (0F6Sg)

4 Spending is obviously not the problem....like
Breathing in space due to the lack of oxygen is obviously not a problem.

Posted by: ALL_IS_LOST at December 31, 2012 02:32 PM (T/L2Z)

5
It has become comical.

A comedy of errors made by a confederacy of dunces.

Posted by: Soothsayer Riprock at December 31, 2012 02:33 PM (GcwH1)

6
Democrats live to install punitive tax hikes.

Posted by: Fresh at December 31, 2012 02:33 PM (O7ksG)

7
Hmm, so we're still screwed.

Happy New Year!

Posted by: BackwardsBoy, who did not vote for this shit. at December 31, 2012 02:33 PM (yiIja)

8 Pubbies angry? Clearly not angry enough.

L.I.B.

Posted by: Whiskey_Joe at December 31, 2012 02:33 PM (RIm0W)

9 The next four years will be PAIN. At this point it is a matter of re-arraigning deck chairs on the Titanic.

The only wins the GOP can hope for are for setting the ground work for long-term strategic gains after Obama, and symbolic victories.

This will not end well...

Posted by: The Political Hat at December 31, 2012 02:33 PM (Vk2pI)

10 yaaay, we only got badly screwed instead of royally fucked! Calvin Coolers for everyone!

Posted by: mallfly at December 31, 2012 02:33 PM (bJm7W)

11 I'll believe the permanent part when I see it. Obama needs money, lots of it, and only the middle class has it.

Posted by: toby928© for TB at December 31, 2012 02:33 PM (QupBk)

12
remember when republicans told america that the "fair share" argument was bullsht and that the rich already paid a disproportionate chunk of the federal income tax? well that was all garbage andnow they will vote for an even more progressive income tax system, which willmake it even easier for democrats to drive their "dont worry bout big government, sombody else will pay for it"-shtick.

congratulations republicans! just keep on diggin!

Posted by: Elize Nayden at December 31, 2012 02:34 PM (E/Qmg)

13 Step right up, folks, and watch Speaker of the House John Boehner crawl on his belly like a reptile.

Posted by: WalrusRex at December 31, 2012 02:34 PM (VlXYw)

14 we're screwed.
could of told you that.

Posted by: shaftoe at December 31, 2012 02:34 PM (221D/)

15
Going over the cliff is more appealing. Let tax rates go up on everyone. Let sequestratoin happen.
Enough of this "we'll get'em next time" bull shit.

Sequestion are legitimate cuts. Not the ones I want, but they are cuts. Let them happen.

If people want a fucking welfare state then let them pay for it. Let everyone pay for it.

Posted by: Ben at December 31, 2012 02:34 PM (C2Y4l)

16 a deal was made with Biden? Don't you need to be mentally competent to make a deal?

Posted by: mallfly at December 31, 2012 02:34 PM (bJm7W)

17 This is all theater. We are truelly boned, no matter what happens. Happy F****n New Year! G*d D**n, I need a tylenol.

Posted by: Hammer at December 31, 2012 02:34 PM (5buGz)

18 Who cares about the details, as long as we don't go over that cliff. That sounded scary.

Posted by: BurtTC at December 31, 2012 02:35 PM (TOk1P)

19

hold a press conference with baby seals in the background

Posted by: Soothsayer Riprock at December 31, 2012 02:35 PM (TXseM)

20 My plan for next year is pie.

Posted by: Joe Biden at December 31, 2012 02:35 PM (QKKT0)

21 all the talk about spending cuts is muy nebulous

Posted by: JDP at December 31, 2012 02:36 PM (60GaT)

22 LIB Faster please, and hurry up and pass the Americans with no abilities act

Posted by: Velvet Ambition at December 31, 2012 02:36 PM (R8hU8)

23 Shut

It
Down

Posted by: fluffy at December 31, 2012 02:36 PM (z9HTb)

24 was the deal sealed with a kiss or with library paste? Or both?

Posted by: mallfly at December 31, 2012 02:36 PM (bJm7W)

25 Just for shits and giggles, does this include an AMT fix?

Posted by: alexthechick - SMOD. Team Stompy. at December 31, 2012 02:36 PM (VtjlW)

26 Ooh, those Tea Partiers...

It's all their fault.

Posted by: BurtTC at December 31, 2012 02:36 PM (TOk1P)

27
Boner, get a bunch of pregnant women have them stand behind you wearing just their bras and underwear.

Posted by: Soothsayer at December 31, 2012 02:37 PM (TXseM)

28
The death tax is a kick to anyone with a family business. The death tax is a double tax. It's a tax on money that has already been taxed. It forces family businesses to sell what's left so they can pay the government first.

If you drive into the ditch and die, the government gets to steel your stuff first.

Nobody - rich or poor -should have to pay more than 1/3 of their income to the government.The poor should have some skin in the game - even if it's just a little.


Posted by: Fresh at December 31, 2012 02:37 PM (O7ksG)

29 "a good compromise leaves everyone angry"

Posted by: supercore23 at December 31, 2012 02:37 PM (bwV72)

30 hold a press conference with baby seals baby lambs in the background

Posted by: Soothsayer Riprock


Edited for impact.

Posted by: weft cut-loop at December 31, 2012 02:37 PM (KDq5l)

31 It's okay. I can wait. Maybe.

Posted by: Day of Reckoning at December 31, 2012 02:37 PM (jq+Zk)

32 Republicans shot themselves in the foot by not supporting Plan B.

Posted by: Vicious at December 31, 2012 02:37 PM (YPImW)

33 Who's ready for another round of kick the can?

Posted by: Metalgod at December 31, 2012 02:38 PM (YgIJ8)

34 Idiots. All of them. Idiots.

Posted by: Pipe Holder at December 31, 2012 02:38 PM (VTeUD)

35 SMOD, why have you forsaken us?

Posted by: shibumi at December 31, 2012 02:38 PM (z63Tr)

36 Speaking of baby lambs, here from the last thread.


http://bit.ly/PSCKRp

Posted by: alexthechick - SMOD. Team Stompy. at December 31, 2012 02:38 PM (VtjlW)

37
Who cares about the details, as long as we don't go over that cliff. That sounded scary.

---

I think the adjective you're looking for is "edgy."

Posted by: WalrusRex at December 31, 2012 02:38 PM (VlXYw)

38
It's safe bet that this deal is subject to change without notice.
Their doing it for the children.

Posted by: YIKES! at December 31, 2012 02:38 PM (mETGQ)

39 steal

Posted by: Fresh at December 31, 2012 02:38 PM (O7ksG)

40 re 28: the poor do have some skin in that game, ie, you gonna eat that skin?

Posted by: mallfly at December 31, 2012 02:38 PM (bJm7W)

41 Obama: "If Republicans think I will finish the job of deficit reduction
through spending cuts alone … then they've got another thing coming"

Finish the job? When was he going to start it?

Posted by: name at December 31, 2012 02:38 PM (Camtm)

42 There is just no deal to be had on spending now. It cannot be done. It doesn't matter what Boehner or McConnell do, there is no leverage at all to force Obama's hand because he doesn't care about the fiscal cliff.

So it's not fair to blame the GOP for that, at least now. As Gabe pointed out, if conservatives wanted the better numbers in the Boehner plan, they could have voted for it.

But the leverage shifts on the debt ceiling. If the GOP doesn't hang together then, we will be left in disarray.

Obama remains vulnerable and his disapproval is rising again. His political capital is dissipating rapidly. We can force entitlement reforms if we stick together - and remember not to let the perfect be the enemy of the good.

Posted by: Adjoran at December 31, 2012 02:39 PM (ZHQvg)

43 scalpel not a hatchetttetetetetet

Posted by: JDP at December 31, 2012 02:39 PM (60GaT)

44 No Cuts? Is Drudge right?

Posted by: Hello, it's me Donna let it burn really.really bummed at December 31, 2012 02:39 PM (9+ccr)

45 Mmmmmm. Shit sandwiches.

Posted by: Vizzini at December 31, 2012 02:39 PM (O7Q1u)

46 The death tax is a kick to anyone with a family business. The death tax is a double tax.

---

Maybe so but the dad don't vote. OK, well in Chicago maybe.

Posted by: WalrusRex at December 31, 2012 02:40 PM (VlXYw)

47 If the GOP shuts off the sequester and you keep voting Republican, you're an idiot.

Posted by: DrewM. at December 31, 2012 02:40 PM (UfvyB)

48 >>>ust for shits and giggles, does this include an AMT fix?

yes i forgot to add that, I'll add it now.

Posted by: ace at December 31, 2012 02:40 PM (LCRYB)

49 "We're from the Republican Party and we're here to help.... Democrats!

Posted by: Elize Nayden at December 31, 2012 02:40 PM (E/Qmg)

50 I think the most important question both sides need to ask about this deal is how it'll affect the lace wig industry.

Posted by: Ignatz D. Mouse at December 31, 2012 02:40 PM (AD6Iz)

51 I really, really want to

Posted by: fluffy the snow angel at December 31, 2012 02:40 PM (z9HTb)

52 Time to start over. Start with the Constitution, minus a few of the stupid amendments like direct election of Senators. Throw out everything else.

Posted by: Hammer at December 31, 2012 02:41 PM (5buGz)

53 Stop trying to fix Democratic insanity. Just walk away. The "Fiscal Cliff" is a law passed by a bipartisan Congress and signed by the President. Let it happen.

Posted by: toby928© for TB at December 31, 2012 02:41 PM (QupBk)

54 47
If the GOP shuts off the sequester and you keep voting Republican, you're an idiot.


Posted by: DrewM. at December 31, 2012 02:40 PM (UfvyB)

So Drew who do you suggest we vote for? Third party? That's a real winner...

Posted by: Hello, it's me Donna let it burn really.really bummed at December 31, 2012 02:41 PM (9+ccr)

55
remember that ROBERT PALMER video with all those hot looking CLONE MODELS behind him?

that's what Boehner should do

Posted by: Soothsayerwing Plover at December 31, 2012 02:41 PM (xIzGn)

56 Republicans and Democrats have now agreed to *not* open the parachute.

Posted by: Merovign, Dark Lord of the Sith at December 31, 2012 02:41 PM (bxiXv)

57 >> finish the job of deficit reduction

WTF?

Posted by: Andy at December 31, 2012 02:41 PM (OZPoa)

58 No spending cuts, no point to any of this. I especially loved that 'cuts delayed until after the 2014 mid-terms' part--cuts delayed indefinitely, I'm guessing.

That cash in your hand? That's just paper. Soon, you'll need lots and lots of that paper to barter for a loaf of bread or jug of milk. Paper is a great insulator, after all. You can grind it up into cellulose and then blow it between the studs in your walls to keep out the cold.

Posted by: troyriser at December 31, 2012 02:42 PM (vtiE6)

59 Time to start over. Start with the Constitution, minus a few of the
stupid amendments like direct election of Senators. Throw out everything
else.

---

Ah, the NYT approach.

Posted by: WalrusRex at December 31, 2012 02:42 PM (VlXYw)

60 agree with this Adjoran fellow

Posted by: JDP at December 31, 2012 02:42 PM (60GaT)

61 The best result would be for taxes to go up on everyone who pays taxes. That would prove our point and it would also send our message to Obama that we'll keep fighting against him all the way to Jan. 2017. It's like when I found out my house needed a new roof and HVAC system and everbody was trying to overcharge me. So what I did was I burned my house to the ground. That showed 'em.

Posted by: Sharron Akin O'Mourdock at December 31, 2012 02:42 PM (pmsMR)

62 Burn...burn....burn!!

Posted by: Sho Nuff at December 31, 2012 02:42 PM (jo0fs)

63
Rates on the rich will increase, but only above the $400,000 threshold, rather than the $250,000 threshold so beloved by Obama. But the tax cut for those making less than $400,000 would be permanent -- no sunsetting, no expiration date

are we adding Obamacare no tax to the final numbers?

Posted by: ette at December 31, 2012 02:42 PM (nqBYe)

64 Exactly as I predicted. We (1) Raised taxes (2) No cuts at all (3) Increased spending in a few areas.


Next sellout will be the debt ceiling.

Posted by: Vic at December 31, 2012 02:42 PM (53z96)

65 on the ATM, quoting:

>>>And nearly 30 million households would be protected from paying the costly alternative minimum tax for the first time — either on their 2012 tax returns or at any time in the future. The developing agreement calls for a permanent fix.

Posted by: ace at December 31, 2012 02:42 PM (LCRYB)

66 OH FOR FUCKS SAKE YOU PUSSY-ASSED MOTHER FUCKERS IN WASHINGTON PRETENDING TO BE REPUBLICANS!

NO FUCKING DEAL!

LET THE MOTHER FUCKER BURN!

AND DO US ALL A FAVOR AND DROP DEAD YOU SPINELESS RINOS WHO CANT STOP THE SPENDING!

Posted by: jeremiah God Damn Barack Obama the Mother Fucking SCoaMF wright at December 31, 2012 02:42 PM (+OTLF)

67 I think I will get drunk, I hate being right about sellouts.

Posted by: Vic at December 31, 2012 02:43 PM (53z96)

68 37 -

Edgy/scary, it's hard to tell.

We thought we'd get James Cameron, we got Tim Burten instead.

Posted by: BurtTC at December 31, 2012 02:43 PM (TOk1P)

69 Walk Away slowly and no one will get hurt!

Posted by: georgeofthedesert at December 31, 2012 02:43 PM (Eq2MX)

70
Net tax receivers should also pay taxes. Some fucking taxes. See what it is like.

Posted by: Fresh at December 31, 2012 02:43 PM (O7ksG)

71 I already got screwed over by Obama and the democrats when I got the letter about the increase in my health insurance rates.

Posted by: nerdygirl at December 31, 2012 02:43 PM (cA2ZD)

72
I have never seen a bigger more extravagant Kabuki in my life. Those playing are wearing pure silk garments laced with gold and silver, drinking champagne, eating high dollar sushi and caviar and passing out door prizes.

Everybody on the outside is shoeless, starving and fighting for crumbs.

Posted by: Guy Mohawk at December 31, 2012 02:43 PM (69Mdf)

73 Posted by: Vic at December 31, 2012 02:42 PM (53z96)

The good news? You were right.
The bad news? You were right.

Posted by: Vizzini at December 31, 2012 02:43 PM (O7Q1u)

74 Posted by: Hello, it's me Donna let it burn really.really bummed at December 31, 2012 02:41 PM (9+ccr)

Go ahead, keeping doing the same thing and expecting different results. I'm sure it'll be better next time.

Posted by: DrewM. at December 31, 2012 02:43 PM (UfvyB)

75 buncha damn babies in here

Posted by: JDP at December 31, 2012 02:44 PM (60GaT)

76 We thought we'd get James Cameron, we got Tim Burten instead.

Hey, I love Tim Burton...

Posted by: Hello, it's me Donna let it burn really.really bummed at December 31, 2012 02:44 PM (9+ccr)

77 It's like when I found out my house needed a new roof and HVAC system and everbody was trying to overcharge me. So what I did was I burned my house to the ground.

It's more like you need a new roof and the roofers took your money and did nothing. Then beat your ass for good measure.

Posted by: toby928© for TB at December 31, 2012 02:44 PM (QupBk)

78 Anyone know what the death tax is on estates under $1 million?

Posted by: nerdygirl at December 31, 2012 02:44 PM (cA2ZD)

79 Finish the job? When was he going to start it?


Posted by: name at December 31, 2012 02:38 PM (Camtm)


Never because he knows fucking A well the MFM will never call the lazy turd out on it.

Posted by: Captain Hate (dagny 2013 return tour?) at December 31, 2012 02:44 PM (mILiN)

80 Perfect. The GOP has found a solution whereby there will be no spending cuts and increased taxes.

wtg, Team GOP! Fucking assholes.

Posted by: GnuBreed at December 31, 2012 02:44 PM (ccXZP)

81 Well, just got my pay stub. Got a $72/month raise. And a $140/month tax increase. On my $67k/yr salary. So this is what it's like being in the 1%!

Posted by: Country Singer at December 31, 2012 02:44 PM (L8r/r)

82 Are you not entertained?

Posted by: The Clown Party on the Hill at December 31, 2012 02:44 PM (w3+gB)

83

>>> Posted by: Sharron Akin O'Mourdock at December 31, 2012 02:42 PM (pmsMR)

STFU, dunce.

Posted by: Soothsayer at December 31, 2012 02:44 PM (QVBzT)

84 I don't know who i despise more...that mother fucking piece of shit in the white house who we know is our enemy, or the mother fucking pieces of shit in our own party claiming to be on our side but doing the same ass fucking rape to the country that that mother fucking obama is doing.

They all Suck so much donkey dick. I hope they all fucking rot in hell.

Posted by: jeremiah God Damn Barack Obama the Mother Fucking SCoaMF wright at December 31, 2012 02:44 PM (+OTLF)

85
I still want to go over the cliff.
Let it burn indeed.

Notice the media won't ever mention the upcoming Obamacare taxes.

Posted by: Fresh at December 31, 2012 02:44 PM (O7ksG)

86 So the evil rich billionaires making $250K still get higher taxes while super duper evil rich billionaires making $400K get much higher taxes.

WOW!!

Thank you Mr. Boehner.

Now on to the gun grab debate....the deal struck will be all guns are banned except for water bazookas.

WE
ARE
SO
FUCKED

Posted by: Mr. Moo Moo at December 31, 2012 02:45 PM (HDgX3)

87 Guy Mohawk, we get stuck with the bill and gas station sushi.

Posted by: Anna Puma (+SmuD) at December 31, 2012 02:46 PM (fx1PU)

88 Go ahead, keeping doing the same thing and expecting different results. I'm sure it'll be better next time.



Posted by: DrewM. at December 31, 2012 02:43 PM (UfvyB)

It seems to be the only alternative right now. Third party seems like a losing proposition, so that leaves Democrats? I will NEVER vote for a Democrat as long as I live. By the way I'm a Registered Independent...

Posted by: Hello, it's me Donna let it burn really.really bummed at December 31, 2012 02:46 PM (9+ccr)

89 so if you don't support indiscriminate, hastily-assembled spending cuts, you're not a Republican.

got it

Posted by: JDP at December 31, 2012 02:46 PM (60GaT)

90 I think while I am getting drunk I'll throw on Lady and the Tramp. Maybe puppies will make it better.

Posted by: Vic at December 31, 2012 02:46 PM (53z96)

91 It's all theater folks, with the Dems laying land mines for future political battles. Pubbies need to start sticking to their so called principals, come what may. Because next up is the Constitution, 2nd and 1st amendments.

BTW O'Barky has doubtfully ever even balanced a checkbook in his life.

Posted by: small town girl at December 31, 2012 02:46 PM (1zmtP)

92

@Ace

It's...AMT...not ATM.
An ATM is one of those money machines.

Posted by: wheatie at December 31, 2012 02:46 PM (K4wCe)

93 BTW, happy new year all...with this news not being a surprise, I plan to be long passed out when midnight strikes and the annus horribilis is upon us...

SMOD, where is thy sting?

Posted by: Whiskey_Joe at December 31, 2012 02:47 PM (RIm0W)

94 Fresh @ # 28 and 70. I'm with you. Ain't gonna happer though. We are screwed. Time to start over.

Posted by: Hammer at December 31, 2012 02:47 PM (5buGz)

95 The Deal is still no Deal?

Posted by: Butters at December 31, 2012 02:47 PM (NIZHJ)

96 What principles?

Bunch of panty waists all of them

Posted by: jeremiah God Damn Barack Obama the Mother Fucking SCoaMF wright at December 31, 2012 02:47 PM (+OTLF)

97
you know what gets me about all of this.

when a citizen is broke most do the natural thing, they cut back . they choose necessary expedenture and quit the bs.

govt first borrows, than prints, then demands you pay their graft, credit card payments with interest , pay to play schemes for votes.along with normal govt business.
the first cuts They ask for is essential, (military) or in cities police etc.because of course the population will say , but that's actually needed!

really hate them.

Posted by: ette at December 31, 2012 02:47 PM (nqBYe)

98 Obama remains vulnerable and his disapproval is
rising again.


Posted by: Adjoran at December 31, 2012 02:39 PM (ZHQvg)

_______________
On what planet? He's at 57% Rasmussen today. He won election with 51%.

Posted by: Mr. Moo Moo at December 31, 2012 02:47 PM (HDgX3)

99 So, if the Republicans weren't working with the Democrats to expand the size, scope and reach of the federal government, what would they be doing differently?

F 'em all.

Let. It. Burn.

Posted by: RoyalOil at December 31, 2012 02:47 PM (imtbm)

100 86

i'm not getting the alternative here, the only difference if this was let go is that there'd a) be a similar deal that applied retroactively or b) the GOP'd be the mean ol' hate-main street party

Posted by: JDP at December 31, 2012 02:48 PM (60GaT)

101 @ 90 lol Vic good idea!

Posted by: small town girl at December 31, 2012 02:48 PM (1zmtP)

102 Obama: "If Republicans think I will finish the job of
deficit reduction through spending cuts alone … then they've got another
thing coming"

Others call the "speech" a "political rally" and "tone-deaf."









It's nothing new for the jackass but the MFM always covers for him

Posted by: TheQuietMan at December 31, 2012 02:48 PM (1Jaio)

103 Boner has lowered expectations so far, my initial thought was that this was a good deal.

Fuckers.

Posted by: Your Moron pal, Truman North at December 31, 2012 02:48 PM (I2LwF)

104
It is amazing how they do it. The agreement as described is the perfect ass raping of America.

And I will bet the usual suspects in the R party and pretend R journalists will hail it as a great deal.

Wait until it actually comes out what is in it in Feb. And then think back to now and say how did they write that deal all in one day?

Posted by: Guy Mohawk at December 31, 2012 02:48 PM (69Mdf)

105 That Robert Palmer video should bunk a few of the Horde. He doth employ that most fearsome and awesome weapon in quadroplex - the bouncing boobehs.

Posted by: Anna Puma (+SmuD) at December 31, 2012 02:48 PM (fx1PU)

106 "The death tax is a kick to anyone with a family business. "

I have relatives with family farms. They have to sell the family farm after both parents die. They have assets that are worth a lot, including the land, but they are almost all cash poor.

The ironic thing is that these are people who held out against development. Something that idiot liberals supposedly support. They keep the farm because they have a family tradition of farming and they really don't want to work for someone else. A lot of those farms are going to development for high end homes. Suck it, liberals.

Posted by: nerdygirl at December 31, 2012 02:49 PM (cA2ZD)

107 Its really time for the mother fucking republican party to disband. These charletons are just democrats with more white skin and grey hair.

Vote them all out!

Posted by: jeremiah God Damn Barack Obama the Mother Fucking SCoaMF wright at December 31, 2012 02:49 PM (+OTLF)

108 So essentially, another kick the can deal. Big fuckin' deal. I want maximum pain. May as well since the GOP will be blamed for anything negative and the MFM will further that belief. Kicking the can only keeps Democrats in power longer.

Posted by: CDR M at December 31, 2012 02:49 PM (dKV5k)

109 It's...AMT...not ATM.

---

Yeah. An ATM is one of those machines where I don't have any money and the AMT is the reason my ATM doesn't have any money. See also SOL.

Posted by: WalrusRex at December 31, 2012 02:50 PM (VlXYw)

110 Folded like a piece of Walmart lawn furniture.

Game Over.

Posted by: Foghorn Leghorn at December 31, 2012 02:50 PM (n8LUb)

111 If the GOP shuts off the sequester and you keep voting Republican, you're an idiot.


Posted by: DrewM. at December 31, 2012 02:40 PM (UfvyB)



I read that backwards and was very confused so. Um. Sorry about all the things I just called you in my head.

Posted by: alexthechick - SMOD. Team Stompy. at December 31, 2012 02:50 PM (VtjlW)

112 Does this include raising the debt limit?

Posted by: sexypig at December 31, 2012 02:50 PM (dZQh7)

113 95 The Deal is still no Deal?'

McConnell and Reid have come to an agreement on the tax side but not the rest.

Posted by: 80sBaby at December 31, 2012 02:51 PM (YjDyJ)

114 really i just think it'll be nice to get back to regular partisan gridlock as opposed to these phony high-drama time-limit showdowns

Posted by: JDP at December 31, 2012 02:51 PM (60GaT)

115
97....govt first borrows, than prints, then demands you pay their graft, credit card payments with interest , pay to play schemes for votes.along with normal govt business.

Yeah, see, that's the thing, ette...the borrowing and printing devalues out money.
So they make us pay off their Debt, with money that is worth less, thanks to them!


Posted by: wheatie at December 31, 2012 02:51 PM (K4wCe)

116 I said " so called principles". I did not say they actually possessed such a thing. But I'm leaving the door cracked open just in case someone decides to shock me.

Posted by: small town girl at December 31, 2012 02:52 PM (8KGvR)

117 I agree the repubs like like a bunch of sniveling cowards, but they are between a rock and a hard place.... That being said I would rather let it burn...

Posted by: Hello, it's me Donna let it burn really.really bummed at December 31, 2012 02:52 PM (9+ccr)

118 It doesn't matter what Boehner or McConnell do, there is no leverage at
all to force Obama's hand because he doesn't care about the fiscal
cliff.


It doesn't matter what any of them do now. The math will take over.

Posted by: pep at December 31, 2012 02:52 PM (6TB1Z)

119 Boehner and McConnell to Obama: You're simply irresistible. P.S. McConnell makes me puke. What a coward.

Posted by: Fourth Virginia at December 31, 2012 02:52 PM (P3dtw)

120 I read that backwards and was very confused so. Um. Sorry about all the things I just called you in my head.

Posted by: alexthechick - SMOD. Team Stompy. at December 31, 2012 02:50 PM (VtjlW)


We're all on edge, given that the people we worked hard to get into office just said "Hey, you know that part where the economy collapses because of uncontrolled deficit spending? Yeah, we didn't do anything about that."

Posted by: Merovign, Dark Lord of the Sith at December 31, 2012 02:52 PM (bxiXv)

121 112 Does this include raising the debt limit?

No.

Posted by: 80sBaby at December 31, 2012 02:52 PM (YjDyJ)

122 It's all theater folks


Bukkake not kabuki. You know I'm right about this.

Posted by: alexthechick - SMOD. Team Stompy. at December 31, 2012 02:52 PM (VtjlW)

123
...115...*devalues our money

Posted by: wheatie at December 31, 2012 02:52 PM (K4wCe)

124 Not even any pretend cuts over 10 years?

Posted by: Butters at December 31, 2012 02:52 PM (NIZHJ)

125 I think our best hope at this point is to consider the possibility that we are all involuntary guinea pigs in some social science experiment conducted by some mad scientist to see just how much people can take and that none of this is real.

Posted by: WalrusRex at December 31, 2012 02:53 PM (VlXYw)

126 Can we ditch Boner and nominate RG3 as Speaker?

Posted by: Mr. Pink at December 31, 2012 02:53 PM (++kZl)

127
Fricking lot of nerve to give pay raises to congress when they won't do their damn job.
But, it actually fits right in to the upside down entitlement culture they created.

Posted by: Justamom at December 31, 2012 02:53 PM (Sptt8)

128 BTW I thought ATM was a dirty sex act????

Posted by: Mr. Pink at December 31, 2012 02:53 PM (++kZl)

129 It forces family businesses to sell what's left so they can pay the government first.

And it encourages non-productivity. The 70-year-old who owns the business, rather than working until he can't, puts the breaks on the business because he has no reason not to. Even if he doesn't do this consciously, he'll take that vacation because, why not?

Posted by: AmishDude at December 31, 2012 02:53 PM (T0NGe)

130
Wonder how many scoamf voters are aware the that their hasn't federal budget in four years?

Posted by: YIKES! at December 31, 2012 02:53 PM (mETGQ)

131 If we had a real news media someone should ask Barry, Mr. President outside of grandstanding and trying to make political hay what have you done to get a deal done?

Posted by: TheQuietMan at December 31, 2012 02:54 PM (1Jaio)

132 I'm actually pleasantly surprised. Not so bent out of shape about no spending cuts, because the country voted to go into a debt-driven death spiral, so now that's what they're gonna get. Obama thinks the voters gave him a license to spend however much he fancies, and he's not entirely wrong.

Who honestly thought any spending cuts were going to come out of this? Anyone? For Christ's sake we could barely get any real cuts after 2010, and even those were pretty dubious.

Posted by: Paul at December 31, 2012 02:54 PM (g4Saz)

133 hold a press conference with baby seals in the background

Then club the fuckers. And tell the no income tax payer, "You're next!"

Posted by: rickb223 at December 31, 2012 02:54 PM (GFM2b)

134 "Hey, you know that part where the economy collapses because of uncontrolled deficit spending? Yeah, we didn't do anything about that."
Posted by: Merovign, Dark Lord of the Sith at December 31, 2012 02:52 PM (bxiXv)



Now, now, now, to be fair that's not true. They totally made it worse.


Office closing in six minutes. Am off to buy books to cheer me up. Why do I need physical books when I have three kindles you ask? Shut up is why.

Posted by: alexthechick - SMOD. Team Stompy. at December 31, 2012 02:54 PM (VtjlW)

135 Next sellout will be the debt ceiling.


Posted by: Vic at December 31, 2012 02:42 PM


I'm sure all the Republicans in Congress will eagerly support President-For-Life Choom Boy's request to give him all the money he needs to keep his "base" (and Moo-Chelle) rollin' in the dough.

All the entitlements for the protected classes and spiffs for rich Democrats will go through on schedule. The only ones hurt will be those who work, and some who want to work but whose jobs are lost in the New Era of Justice and Equality.

We have just seen the end of the United States. Liberals will cheer and "conservatives' will, as always, talk. And talk, and talk, and talk.

Posted by: MrScribbler at December 31, 2012 02:54 PM (yKUrR)

136 Wonder how many scoamf voters are aware the that their hasn't federal budget in four years?
Posted by: YIKES! at December 31, 2012 02:53 PM (mETGQ)



Well, they keep getting free shit so in their minds the budget must not be a big deal.

Posted by: CDR M at December 31, 2012 02:55 PM (dKV5k)

137 We are in the position of being a movie goer watching Psycho for the fifth time. Screaming not to get in the shower and knowing it will not change things.

Posted by: Anna Puma (+SmuD) at December 31, 2012 02:55 PM (fx1PU)

138 128 It is. Try Urban Dictionary for definitions of dodgy terms without the embarrassment of asking anyone.

Posted by: Butters at December 31, 2012 02:55 PM (NIZHJ)

139 There are no words to describe the hate I have for the current occupant of the WH and this motley crew in Washington. Well there are but I would not only be banned but probably get a visit from the FBI...

Posted by: Hello, it's me Donna let it burn really.really bummed at December 31, 2012 02:55 PM (9+ccr)

140
I wish the Rs would re-play Obama words on the debt limit.

Posted by: Fresh at December 31, 2012 02:55 PM (O7ksG)

141 The deficit is too damn low

Posted by: Paul Krugman Stimulus II at December 31, 2012 02:55 PM (60GaT)

142 Anybody that keeps voting GOP is an idiot. Only hope we have is either third party or no parties. This charade is so far past the point of being a waste of time.

Posted by: Andrew at December 31, 2012 02:56 PM (HS3dy)

143 >>>47 If the GOP shuts off the sequester and you keep voting Republican, you're an idiot.
Posted by: DrewM. at December 31, 2012 02:40 PM (UfvyB)

So now we support gutting the military? I swear to God maintaining ideological orthodoxy was easier in Stalinist Russia.

Posted by: Paul at December 31, 2012 02:56 PM (g4Saz)

144
Russia hasfairer tax system than we do.

Posted by: Fresh at December 31, 2012 02:56 PM (O7ksG)

145 I would be less mad if the so-called Republicans in Congress and the Senate would at least TALK about the fact that the Dem house and senate in 2008-2009 locked in the "stimulus" spending as if it were the baseline and have prevented proper budgets from correcting that since.

They basically turned us into a European-style welfare state (WE ARE THERE NOW), and the GOP is all like "Gee, can we cut 2% of that? No? Sorry we asked!"

We were basically propping up Europe between defense spending and overseas business, there's no one to prop us up if we spend like Greece, which we are.

Posted by: Merovign, Dark Lord of the Sith at December 31, 2012 02:57 PM (bxiXv)

146 I miss old Spurwing and his "ploetry."

Posted by: Phinn at December 31, 2012 02:57 PM (oFH2D)

147
Yes, rearranging deck chairs.

Posted by: Justamom at December 31, 2012 02:57 PM (Sptt8)

148
We are in the position of being a movie goer watching Psycho for the
fifth time. Screaming not to get in the shower and knowing it will not
change things.

---

Yeah, and then TFG drives the suitcase full of money in the swamp.

Posted by: WalrusRex at December 31, 2012 02:57 PM (VlXYw)

149
103Boner has lowered expectations so far, my initial thought was that this was a good deal.

The only thing 'good' about it...is that if they do end up keeping the Bush Tax Cuts in place for incomes below 450K...then all those Obamacare Taxes that kick in after the 1st, cannot be blamed on the R's.

Oh, they may try...but it will fail.

$1 Trillion in Obamacare taxes will be all on the Dems.
Most people don't know those are kicking in, in 2013.

Posted by: wheatie at December 31, 2012 02:57 PM (K4wCe)

150 ES EN FUEGO. ¡Permita que quemar!


I don't think that's the right translation, but I don't care all that much, really. o.o Drew is absolutely correct - if you continue to vote R after this, you simply are not paying attention.


Intolerable Acts stuff here.

Posted by: Kinley Ardal at December 31, 2012 02:57 PM (pcaFm)

151 65 on the ATM, quoting:

My moral is broken, I've stopped looking for hope. I've been debased into just viewing this as a bottom line issue in my pocket.

Posted by: MikeTheMoose Is Shrugging at December 31, 2012 02:57 PM (E3jRc)

152 Who is "the GOP"?

Posted by: AmishDude at December 31, 2012 02:58 PM (T0NGe)

153 The GOP really needs to learn how to message. And organize. And negotiate.

Whatever our policies are, we are never winning if we can't get our message out reliably.

This while debt ceiling fight has showcased that.

Posted by: Bevel Lemelisk at December 31, 2012 02:58 PM (PVNda)

154 Just walk away...

Posted by: The Humungus at December 31, 2012 02:58 PM (Vk2pI)

155 >>>Hey, you know that part where the economy collapses because of uncontrolled deficit spending? Yeah, we didn't do anything about that."
Posted by: Merovign, Dark Lord of the Sith at December 31, 2012 02:52 PM (bxiXv)

Again, that ship has sailed, crashed into an iceberg and gone down with all souls.

Posted by: Paul at December 31, 2012 02:59 PM (g4Saz)

156 Bevel, the people are not interested in the message... they do not want to hear it. They do not want hard truths, they want easy street.


1 Thessalonians 5:3 - While people are saying, "Peace and safety," destruction will come
on them suddenly, as labor pains on a pregnant woman, and they will not
escape.



This is where we are right now.

Posted by: Kinley Ardal at December 31, 2012 03:00 PM (pcaFm)

157 @61, your house is already on fire, the Dems set it on fire November 7th. Now, all we're "negotiating" is whether it's your fault or if we should wait until next week to blame you.

Posted by: RoyalOil at December 31, 2012 03:00 PM (imtbm)

158 And now for something completely different: How about that Adrian Peterson!

There. I feel better already.

Posted by: Foghorn Leghorn at December 31, 2012 03:00 PM (n8LUb)

159 I don't know... it's almost like those people in Washington WANT us to have to send more money to Washington.

It's crazy, I know, but I think I'm starting to see some sort of pattern emgering.

Posted by: BurtTC at December 31, 2012 03:00 PM (TOk1P)

160 If this is the deal and it does not include the debt ceiling, then the GOP did decently enough considering their poor hand, and poor playing of said hand in the last few months.

The debt ceiling will be the time to demand spending cuts.

I think that makes sense for two reasons:

1) We should be very, very happy to separate talks of taxes and cuts together - that implies taxes are some sort of trade-off for cuts.

2) The debt ceiling sharpens the public's focus on the DEBT and deficit, and its easy to explain - hey look the debt is getting bigger and we need to fix that. Ok, let's cut spending. We already did taxes, right? Right now the media is able to ignore the debt ceiling because they can hand wring on taxes and the cliff.

Posted by: sexypig at December 31, 2012 03:01 PM (dZQh7)

161
"Addicted to Love" is a boot reference.

Give me some "Best of Both Worlds" - some taxes, some cuts. Err, no cuts. He looks like one dapper sonofabitch regardless.
http://www.youtube.com/watch?v=d7t4khQXm0o

Posted by: 0302 at December 31, 2012 03:01 PM (mtyCh)

162 So if there are no "cuts" how does obama expect to make enough "revenue" to keep running up his spending? It has been shown that even raising taxes on the 200 thousand-250 thousand crowd doesn't help the economy....

Posted by: Hello, it's me Donna let it burn really.really bummed at December 31, 2012 03:01 PM (9+ccr)

163 Actually higher rates means less revenue.

Posted by: Butters at December 31, 2012 03:01 PM (NIZHJ)

164 "Wonder how many scoamf voters are aware the that their hasn't federal budget in four years?"

FIFY.

Office closing in six minutes. Am off to buy books to cheer me up. Why do I need physical books when I have three kindles you ask? Shut up is why.
Posted by: alexthechick - SMOD. Team Stompy. at December 31, 2012 02:54 PM (VtjlW)


I'm on my way out, too, my Empress. BTW, there's a new book out called Women From The Ankle Down - it's a history of women's shoes. I'm going to pick it up this weekend; I'll let you know if it's worth getting.

Happy New Year, all - as much as it can be. See you on the headline thread tomorrow.

Posted by: Mary Poppins' Practically Perfect Piercing at December 31, 2012 03:02 PM (zF6Iw)

165 When TFG hears about the Laffer Curve, he thinks of Hillary and giggles.

Posted by: Anna Puma (+SmuD) at December 31, 2012 03:02 PM (fx1PU)

166 I'll bet, BTW, that this stupid tax increase is just going to Laffer itself away.

Posted by: AmishDude at December 31, 2012 03:02 PM (T0NGe)

167 I also think that LIB is a good idea except I have this bad feeling the GOP would be blamed by the LIV middle class voters and we would lose the House.

Posted by: sexypig at December 31, 2012 03:02 PM (dZQh7)

168 I believe Mr. Bill Watterson sums this up pretty well:

http://tinyurl.com/aa6tomu

Posted by: LibertarianJim (#teamletitburn) at December 31, 2012 03:02 PM (/3xt8)

169 The House still needs to vote on this. I'm sure the dem side is getting an earfull of the constituents displeasure over the $250,000 income minimum for higher taxes. So they may not have any dem votes for this.

And the Tea Partiers won't vote for it, period. It's not a done deal yet.

Posted by: Soona at December 31, 2012 03:03 PM (4ME3G)

170 I admit, I am aghast at the thinking that "now that this is out of the way, we can refocus on the debt."


The people do not care. Has this not been established?? I am baffled here.

Posted by: Kinley Ardal at December 31, 2012 03:03 PM (pcaFm)

171

The debt ceiling will be the time to demand spending cuts.

(hahahahaahah)

I think that makes sense for two reasons:

1) We should be very, very happy to separate talks of taxes and cuts together - that implies taxes are some sort of trade-off for cuts.

2) The debt ceiling sharpens the public's focus on the DEBT and deficit, and its easy to explain - hey look the debt is getting bigger and we need to fix that. Ok, let's cut spending.

(hahahahaaa)

We already did taxes, right? Right now the media is able to ignore the debt ceiling because they can hand wring on taxes and the cliff.

Haha

Posted by: sexypig at December 31, 2012 03:01 PM (dZQh7)

Posted by: ette at December 31, 2012 03:03 PM (nqBYe)

172 157 @61, your house is already on fire, the Dems set it on fire November 7th. Now, all we're "negotiating" is whether it's your fault or if we should wait until next week to blame you.
Posted by: RoyalOil at December 31, 2012 03:00 PM (imtbm)


The Dems set the fire in 2007, not November 7th 2012.

They took control of both houses and went apeshit on the budget. As soon as they got Obama, too, they blocked real budgets and went with CRs to maintain the high level of spending.

It's sabotage.

Posted by: Merovign, Dark Lord of the Sith at December 31, 2012 03:03 PM (bxiXv)

173 ‏@ChadPergram McConnell is clear that he doesn't want haggling over the sequester to blow up what has been agreed to on tax policy. #fiscalcliff

Posted by: 80sBaby at December 31, 2012 03:04 PM (YjDyJ)

174 Posted by: Bevel Lemelisk at December 31, 2012 02:58 PM

Any comment that starts with "The GOP needs to..." is total wishcasting. They are doing what they need to do: protecting their pork, jobs and statuses as members of the Washington Elite. That is what they live for.

What they really "need to do" is DIAF, along with their equally greedy and self-centered but more dangerous Democrat brethren. This country will continue to race down the road to becoming Zimbabwe West as long as Choom Boy and Congress hold office.

Posted by: MrScribbler at December 31, 2012 03:04 PM (yKUrR)

175 167 -

Oh no! If the R party loses the House, those people in Washington might start raising taxes!

Posted by: BurtTC at December 31, 2012 03:04 PM (TOk1P)

176 I hate when they don't provide details about the rates for LT capital gains and qualified dividends except the "highest" rates. What are the proposed effing rates for the LOWER brackets?

Posted by: Imp Branigan at December 31, 2012 03:05 PM (x9s9/)

177 The fuse that lead to the fire that is currently burning down the house was lit way way way back with FDR's New Deal.

Posted by: Anna Puma (+SmuD) at December 31, 2012 03:05 PM (fx1PU)

178 This is insane. The Republicans should have insisted on spending cuts (or reductions in increased spending) and let the Dems have all their tax increases. That way, the Republicans get credit for cuts and Obama is responsible for higher taxes.

They can't even get long term PR right.

Posted by: MrX at December 31, 2012 03:05 PM (PxmNZ)

179
sexypig

half the country won't care .

the media will cover for Obama and what They are doing.
just like the last 4 years.

Oh and' Republicans trying to kill granny!'

Posted by: ette at December 31, 2012 03:05 PM (nqBYe)

180 AtC I admit I had to look up the term 'Bukkake', and I must say you are right as usual. (wiki has a graphic I usually have to go to UD for that kind of explanation... Brain bleach please)

Posted by: small town girl at December 31, 2012 03:05 PM (1zmtP)

181 156 Bevel, the people are not interested in the message... they do not want to hear it. They do not want hard truths, they want easy street.

My guess is about 60% of the country has no idea how bad things are. Nobody's told them.

Unfortunately I think the people in DC are comfortable with inflation being the solution - both the GOP and Dems.

Posted by: Bevel Lemelisk at December 31, 2012 03:05 PM (gvWL9)

182 Florence + the Machines? Gah, that woman needs to learn how to project... My ears are bleeding from the sandpaper finish of her voice...

Posted by: Mordrach at December 31, 2012 03:06 PM (JpTx7)

183 So are millionaires now defined as those making 400k instead of 250k as JEF was trying to redefine it as?

Posted by: Obamao at December 31, 2012 03:06 PM (JtyGg)

184 You can pay for anything when you've got high speed printing presses.

Posted by: Tim Geithner at December 31, 2012 03:06 PM (QKKT0)

185 167 I also think that LIB is a good idea except I have this bad feeling the GOP would be blamed by the LIV middle class voters and we would lose the House.

Posted by: sexypig at December 31, 2012 03:02 PM (dZQh7)


It's a *terrible* idea, but it's happening and there's nothing you can do to stop it.

The GOP will be blamed by the left and the MFM (BIRM) no matter what.

They blame us for fucking weather.

Posted by: Merovign, Dark Lord of the Sith at December 31, 2012 03:06 PM (bxiXv)

186 The people do not care. Has this not been established?? I am baffled here.


Posted by: Kinley Ardal at December 31, 2012 03:03 PM (pcaFm)

You're right... If they had cared they would not have re-elected obama .Seems they're too busy watching honey boo-boo and dancing with the stars to be bothered. Oh they get the occasional news fromJohn Stewart telling them conservatives are to blame for everything, but mostly they go about their days wondering what they can get for free and when the next video game is coming out....

Posted by: Hello, it's me Donna let it burn really.really bummed at December 31, 2012 03:06 PM (9+ccr)

187 Where's your SMOD now, Moses? Yeah.

Posted by: zombie edward g. robinson at December 31, 2012 03:07 PM (jPVBi)

188 Posted by: Paul at December 31, 2012 02:56 PM (g4Saz)

I don't want to gut the military but there's no point in having a military if we continue to gut the country.

Posted by: DrewM. at December 31, 2012 03:07 PM (UfvyB)

189 177 The fuse that lead to the fire that is currently burning down the house was lit way way way back with FDR's New Deal.

Posted by: Anna Puma (+SmuD) at December 31, 2012 03:05 PM (fx1PU)


Well, if we're gonna play Wayback Machine, I deal the Rousseau card!

Posted by: Merovign, Dark Lord of the Sith at December 31, 2012 03:07 PM (bxiXv)

190
so do i invest in xanax?

or morphine drip?

Posted by: ette at December 31, 2012 03:07 PM (nqBYe)

191 If you can't figure out how to avoid estate tax u deserve everything u get

Posted by: D. Hopper at December 31, 2012 03:08 PM (AVfT8)

192 @ChadPergram McConnell is clear that he doesn't want haggling over the
sequester to blow up what has been agreed to on tax policy. #fiscalcliff


Ha. That's some good negotiatin' right there. Yessirreee. Just tell em something you would like to have but not really needed. Brilliant!

Posted by: Guy Mohawk at December 31, 2012 03:08 PM (69Mdf)

193 Yeah Rousseau, what a Joker in the deck he turned out to be.

Posted by: Anna Puma (+SmuD) at December 31, 2012 03:08 PM (fx1PU)

194 so do i invest in xanax?

or morphine drip?


Why settle? Do both.

Posted by: Vizzini at December 31, 2012 03:09 PM (O7Q1u)

195 The best deal we will ever get is the one we already got.

Just.Do.Nothing.

Posted by: toby928© for TB at December 31, 2012 03:09 PM (QupBk)

196 Annual deficit: 1200 billion
Extra tax revenue from evil rich (mostly white) people: 70 billion


Posted by: Mr. Moo Moo at December 31, 2012 03:10 PM (HDgX3)

197
Just how many ways will Congress find to polish the fiscal turd?

Posted by: Dr Fish, TDY to SAT for ill mom at December 31, 2012 03:10 PM (ndqJC)

198 ATM Fix Permanent? The current plan is to fix the ATM -- permanently.
And nearly 30 million households would be protected from paying the costly alternative minimum tax for the first time — either on their 2012 tax returns or at any time in the future. The developing agreement calls for a permanent fix."

Posted by: ette at December 31, 2012 03:10 PM (nqBYe)

199 If you don't like sequestration because it falls heavily on the military take it up with the geniuses in the GOP who agreed to that arrangement.

Posted by: DrewM. at December 31, 2012 03:11 PM (UfvyB)

200

It hasn't been voted on yet...so this is not a done deal.

There are so many things in the Bush Tax Cuts that will have to be 'split up', in order to leave them in place for the people under 450K incomes.

Things like the Standard Deduction, Inheritance Taxes and Capital Gains Taxes, are not covered in the individual 'tax rate'.

Posted by: wheatie at December 31, 2012 03:11 PM (K4wCe)

201 "But the tax cut for those making less than $400,000 would be permanent -- no sunsetting, no expiration date."

This is, of course, bullshit.

Nothing prevents Democrats from, moments after this tax hike is passed by Republicans, from proposing additional taxes on anyone they want.

Get this straight, Ace: Republicans are, at this moment, becoming the tax-and-spenders they accuse Democrats of being.

Can't see any reason to continue voting for Republicans, who used to be the party of tax CUTS and not tax increases.

Posted by: someguy at December 31, 2012 03:11 PM (sEXZ/)

202
Let the democrats own all of their tax hikes. It's what they want.
We all know the Dems want to not only tax the already over-taxed "rich" -they wantto tax the middle class.
So what if they blame the R's. Who cares?
Google/Cayman 2016.

Posted by: Fresh at December 31, 2012 03:12 PM (O7ksG)

203 Brain bleach please)

Posted by: small town girl at December 31, 2012 03:05 PM (1zmtP)

LOL, I had thought by now everyone, especially you 'ettes, had learned to NEVER research an unknown term.
In any case, time for me to shutdown. I'll try to make it back for the news thread tomorrow with links. But if things work out the way they normally do when I start hitting the stuff, I will not make it up at my 4 am time to start pulling them together.

So ya'll have a good one. I am going to watch puppies and think good thoughts.

Posted by: Vic at December 31, 2012 03:12 PM (53z96)

204 "So now we support gutting the military? I swear to God maintaining ideological orthodoxy was easier in Stalinist Russia."

I don't know how you read that into things? Since you brought it up though, why is it you think every aspect of government engages in waste except the military? You could cut military spending by 30% without any impact on readiness. And we'd still spend more than the rest of world combined.

Posted by: Andrew at December 31, 2012 03:12 PM (HS3dy)

205 Speaking of decks of cards, maybe should celebrate New Years Eve at a casino. At least I would be throwing my own money away instead of letting those pirates in DC throw it away.

Posted by: Anna Puma (+SmuD) at December 31, 2012 03:13 PM (fx1PU)

206 200 -

Gosh, I hope this passes. If he doesn't get his Plan C, Gabe is really REALLY going to give us a stern talking to tomorrow morning.

Posted by: BurtTC at December 31, 2012 03:13 PM (TOk1P)

207 So ya'll have a good one. I am going to watch puppies and think good thoughts.


Posted by: Vic at December 31, 2012 03:12 PM (53z96)

Bye Vic... Happy New Year!

Posted by: Hello, it's me Donna let it burn really.really bummed at December 31, 2012 03:13 PM (9+ccr)

208 >>>I don't want to gut the military but there's no point in having a military if we continue to gut the country.


The US military has been an agent of world peace since we became a dominant superpower following WWII. Something the rest of the world has benefitted from in aggregate share greater than the benefit to the Citizens of the US. If we are going down, and it seems inevitably we are we should turn world order over to the UN .... And buy popcorn futures as the chaos that defines worldly existence without a dominant power returns.

Posted by: MikeTheMoose Is Shrugging at December 31, 2012 03:13 PM (3KcWf)

209 What if Republicans shut Government down for ... 2 years?

Posted by: game set MATCH at December 31, 2012 03:13 PM (x9s9/)

210
This is such a bunch of bs. Seriously, they will announce they have come to an agreement on terms and off to the new years party they go.

Posted by: Guy Mohawk at December 31, 2012 03:14 PM (69Mdf)

211 "156 Bevel, the people are not interested in the message... they do not want to hear it. They do not want hard truths, they want easy street.
Posted by: Kinley Ardal"

Absolutely right. This is why Obama won. He told people he will give them free shit, and will pay for that free shit by taxing the rich (people other than themselves). The voters voted for getting free shit at someone else's expense.

I know some people who bought Obama's BS. Unfortunately for them, they are among the people who will have their hours cut as a result of Obamacare. They are among the people who will either lose their employer supplied health insurance, will pay a much higher percentage of it, or will have their rates go way up.

Posted by: nerdygirl at December 31, 2012 03:14 PM (cA2ZD)

212 Oh good. A job-killing, revenue-REDUCING deal that doesn't even require us to even PRETEND to cut our credit and spending addictions.

F. T. W.

LiB to the ground.

Posted by: hannitys_hybrid at December 31, 2012 03:14 PM (zpqa2)

213 The fuse that lead to the fire that is currently burning down the house was lit way way way back with FDR's New Deal.
Posted by: Anna Puma (+SmuD) at December 31, 2012 03:05 PM (fx1PU)


--------------------------------------------


It goes back further than that. It was the amendment for the income tax that started it all. Congress has been feeding on the country's largesse since then. It's how they rebuff any debate on real tax reform.

The income tax is how they control us.

Posted by: Soona at December 31, 2012 03:14 PM (4ME3G)

214
It's fun to dump on the GOP, init. They are not in power, so lets kick em while they are down.We lost the WH and the senate. If Romney or Gingrich or Any of the R's had won the election, the tax rates would remain the same. Perhaps they might even go down a bit to get us through the recession.

The good news is that we will still hit a double dip recession. Tax hikes kill incentive.

Posted by: Fresh at December 31, 2012 03:14 PM (O7ksG)

215

Happy puppy-watching, Vic.
That is actually a very good idea.

Posted by: wheatie at December 31, 2012 03:14 PM (K4wCe)

216 I don't read the threads of that one anyway.

Posted by: Butters at December 31, 2012 03:14 PM (NIZHJ)

217 Posted by: Hello, it's me Donna let it burn really.really bummed at December 31, 2012 03:06 PM (9+ccr)

Precisely. The idea that now the people will be able to stop, look at the news, and objectively notice the debt/deficit as an issue by itself is wishcasting in the extreme.

The people have priorities. (A. What can I get? (B. What will it cost me personally in the short term?

It goes no further than that. Who pays for the stuff they get? Irrelevant, it is someone else. What will happen to them, personally, down the road? That is years away, we'll figure something out sometime.

We have desperate, hopeful folk here, willing themselves to believe that their countrymen will now notice the impending DOOM coming upon us, but they simply do not understand the state of the country, and their brethren. This is one of Aesop's fables. We are the ants, they are the grasshoppers, they do not give a damn about your solemn, heartfelt warnings. I'm not saying this to be mean, it's just the cold truth.

When winter comes, the grasshoppers will turn on one another, and on the ants. Nothing can stop the coming winter.

Let it burn, stay frosty, stay out of debt, pray always, and stay close to folks you can trust.

Posted by: Kinley Ardal at December 31, 2012 03:14 PM (pcaFm)

218 Soona, 1916 was a bad year for Amendments. Income tax and voting for Senators.

Posted by: Anna Puma (+SmuD) at December 31, 2012 03:15 PM (fx1PU)

219 I do agree that no deal is better than this deal.

Posted by: Fresh at December 31, 2012 03:15 PM (O7ksG)

220 Your our* in the above post. I need to proofread or something...

Posted by: Kinley Ardal at December 31, 2012 03:15 PM (pcaFm)

221 "Can't see any reason to continue voting for Republicans, who used to be the party of tax CUTS and not tax increases"

the GOP needs a broader economic message than this

obviously Reagan cutting taxes at a time when they were massively higher vs. continually promising to cut taxes further with no offsetting spending cuts (or specificity in which cuts) doesn't make a ton of sense. it's context-dependent

Posted by: JDP at December 31, 2012 03:16 PM (60GaT)

222 If Republicans think I will finish the job of deficit reduction through spending cuts alone

rofl

"Finish"?

Try starting at some point, you lying innumerate pinhead.

Posted by: Waterhouse at December 31, 2012 03:16 PM (m3fr6)

223 "And it encourages non-productivity. The 70-year-old who owns the business, rather than working until he can't, puts the breaks on the business because he has no reason not to. Even if he doesn't do this consciously, he'll take that vacation because, why not?"
++

Posted by: RM at December 31, 2012 03:16 PM (TRsME)

224 Here's what I don't get: Every single GOP member right now is bulletproof, every one of them survived one or more wave elections that saw either Obama elected or reelected. Not a one of them has anything to worry about getting reelected--if they could survive the Obama waves, they are safe.

And yet, they all act like they won their district 49.5 to 49.4.

Oh, wait: What was that I said about how could you tell if the Republicans were not trying to expand the size, scope and reach of the federal government, what would they do differently?

Nothing.

F 'em.

Let. It. Burn.

Posted by: RoyalOil at December 31, 2012 03:16 PM (imtbm)

225 1912 Woodrow Wilson thought he was better than God, and that government could outdo God.

Posted by: hannitys_hybrid at December 31, 2012 03:16 PM (zpqa2)

226 "ATM Fix Permanent? The current plan is to fix the ATM -- permanently."

AMT.

Alternative Minimum Tax.


Posted by: torquewrench at December 31, 2012 03:17 PM (gqT4g)

227 Remove Boehner.

Posted by: Andrew at December 31, 2012 03:17 PM (HS3dy)

228 When Obama spikes the football, he looks suspiciously like Tony Romo. Just saying.

Posted by: Fritz at December 31, 2012 03:17 PM (w3+gB)

229 Today's Congress can't bind tomorrow's Congress. There is no permanently.

Posted by: Butters at December 31, 2012 03:18 PM (NIZHJ)

230 Soona, 1916 was a bad year for Amendments. Income tax and voting for Senators.
Posted by: Anna Puma (+SmuD) at December 31, 2012 03:15 PM (fx1PU)---- 1913 was no piece of cake either

Posted by: Velvet Ambition at December 31, 2012 03:19 PM (R8hU8)

231 Have Roseanne Barr visit Congress. That should remove Boner.

Posted by: Butters at December 31, 2012 03:20 PM (NIZHJ)

232 It's past time for an elbow post.

Posted by: toby928© for TB at December 31, 2012 03:20 PM (QupBk)

233 My guess is about 60% of the country has no idea how bad things are. Nobody's told them.

Psst- It seems that you may have accidentally flipped the first number upside down.

Posted by: Hollowpoint at December 31, 2012 03:20 PM (SY2Kh)

234 Give me some "Best of Both Worlds"

I hate that I thought of Miley Cyrus first.

Posted by: Waterhouse at December 31, 2012 03:20 PM (m3fr6)

235
Obama may have killed the deal with his asshole speech.
from link:
Potus just moved the goalpost again. Significantly. This is new,” wrote Josh Holmes, McConnell’s chief of staff.
Sen. John McCain (R-Ariz.) took to the Senate floor to deliver a blistering critique, accusing Obama of seeking short-term political gain at the expense of the nation’s economy. He denounced the speech as “a cheerleading, ridiculing of Republicans exercise.”
“So what did the president of the United States just do?” McCain asked. “Well, he made a couple of jokes, laughed about how people are going to be here for New Year’s, sent a message of confrontation to the Republicans.... I guess I have to wonder — and I think the American people have to wonder — whether the president really wants this issue resolved, or is it to his short-term political benefit for us to go over the cliff?”

Posted by: Fresh at December 31, 2012 03:20 PM (O7ksG)

236
I hate that I thought of Miley Cyrus first.


Posted by: Waterhouse at December 31, 2012 03:20 PM (m3fr6)

Well that's okay, I thought of Star Trek first.

Posted by: Kinley Ardal at December 31, 2012 03:21 PM (pcaFm)

237 227 -

Nah, Boehner is about to be the new leader of the Majority Party: the Demorepublicraticans.

Posted by: BurtTC at December 31, 2012 03:21 PM (TOk1P)

238 Want to know what a great job of fooling the public the democrat party and Obama have done?

Teachers who support democrats and Obama hate dealing with students from welfare families. They know damn well that the welfare mentality leads to dysfunctional behavior and very messed up students.
And they HATE having those students in their classrooms. It's hilarious when, through schools of choice, inner city kids can attend nice suburban schools. But those teachers don't seem to be able to face it that their party, the democrats, foisted this mess on society through the welfare system.

No kidding, there's nothing funnier than a white, liberal teacher having to deal with inner city thugs, and the girls are the worst. A few teachers have told me that the girls are really violent and out of control.

Posted by: nerdygirl at December 31, 2012 03:21 PM (cA2ZD)

239 16 a deal was made with Biden? Don't you need to be mentally competent to make a deal?
We used to think you had to be mentally competent to be president, too.

Posted by: JustMe at December 31, 2012 03:21 PM (kb4wz)

240 Best bumper sticker:

My name isn't "at"

Posted by: Fourth Virginia at December 31, 2012 03:21 PM (P3dtw)

241 Idiocracy.

Achieved.

Posted by: hannitys_hybrid at December 31, 2012 03:21 PM (zpqa2)

242 Absolutely right. This is why Obama won. He told people he will give
them free shit, and will pay for that free shit by taxing the rich
(people other than themselves). The voters voted for getting free shit
at someone else's expense.


Yes, and it will become apparent very soon that this just isn't so, that THEY are the someone. We don't need the true parasite class; we lost the last election because well meaning fools in the middle voted for this guy. People like the kid's apparel store owner in NY who thought his taxes would rise only $1-2k, if at all. A lot of people are in for a very unpleasant surprise.

Posted by: pep at December 31, 2012 03:22 PM (6TB1Z)

243 lol saw this on twitter

"Remember when Reagan gave that speech mocking moderate Democrats before tax cut vote? Me either."

Posted by: JDP at December 31, 2012 03:22 PM (60GaT)

244 Best of Both Worlds, Locutus tries to assimilate TFG. Suffers a buffer overflow and the Borg cube and TFG both explode.

Posted by: Anna Puma (+SmuD) at December 31, 2012 03:22 PM (fx1PU)

245 THIS IS NOT THAT BAD..............

Now come the spending cuts part of the debate. Folks, this really is not that bad of a horse trade.

Am I the only one who thinks so?

Posted by: Prescient11 at December 31, 2012 03:22 PM (tVTLU)

246 It's a crap sandwich. Just walk away from the table. If the middle class "tax cut" is permanent, and there is no economic growth because the actual job creators are still overburdened by taxes, it gives the democrats another stick with which to bludgeon republicans. "See, look, we told you they only want to cut taxes for the rich" will be the cry when the republicans try to free up the seizing engine of economic growth.

Posted by: no good deed at December 31, 2012 03:23 PM (mjR67)

247
244
Best of Both Worlds, Locutus tries to assimilate TFG. Suffers a buffer overflow and the Borg cube and TFG both explode.


Posted by: Anna Puma (+SmuD) at December 31, 2012 03:22 PM (fx1PU)

Have is been mentioned yet how awesome you are?

Because it definitely should have been.

Posted by: Kinley Ardal at December 31, 2012 03:23 PM (pcaFm)

248 245

i'm not outraged. but maybe i'm not paying attention?

Posted by: JDP at December 31, 2012 03:23 PM (60GaT)

249 Oh, look, McCain's going off on TFG.


Few years too late, but hey, better late than... nevermind.

Posted by: Kinley Ardal at December 31, 2012 03:24 PM (pcaFm)

250
235
Obama may have killed the deal with his asshole speech.

Yeah, it was a gloating speech.
He was basically doing a..."Nah nah nah, nah NAH nah", and sticking his thumbs in his ears.

Posted by: wheatie at December 31, 2012 03:25 PM (K4wCe)

251 let it burn

Posted by: maddogg at December 31, 2012 03:25 PM (OlN4e)

252 "Now come the spending cuts part of the debate."

There are NEVER any cuts. Ever.

Cutting means the trend line goes down, not goes up less steeply. DOWN.

Posted by: hannitys_hybrid at December 31, 2012 03:25 PM (zpqa2)

253
vote 3rd party and get assholes likeMontans's John Tester re-elected. This according to Mother flipping JOnes.
jeez.

Posted by: Fresh at December 31, 2012 03:25 PM (O7ksG)

254 Now come the spending cuts part of the debate. Folks, this really is not that bad of a horse trade.



Am I the only one who thinks so?


Depending on how it's played, it could be a good thing long term. The only thing that matters here is getting it through the thick heads of the electorate that this is unsustainable, and that it hurts THEM. Individual deals right now are less important. Yeah, yeah, RINO, hills, etc.

Posted by: pep at December 31, 2012 03:26 PM (6TB1Z)

255 I guess I have to wonder — and I think the American people have to wonder — whether the president really wants this issue resolved, or is it to his short-term political benefit for us to go over the cliff?”
Posted by: Fresh


Dear Sen. McCain, if you find yourself increasingly wondering about Pres. Obama and his motivations perhaps it's time you do your wondering elsewhere.

Posted by: weft cut-loop at December 31, 2012 03:26 PM (KDq5l)

256 What I'm dying to know is what Meghan McClusterfuck has to say about it.

Posted by: maddogg at December 31, 2012 03:26 PM (OlN4e)

257 @236

I thought of Van Halen first.

http://youtu.be/FDStPKHUbqw

Posted by: Gran at December 31, 2012 03:27 PM (0pcT0)

258 We really blew it by losing the senate. Thanks again Akin and Murdoch.

Posted by: Fresh at December 31, 2012 03:27 PM (O7ksG)

259 Now come the spending cuts part of the debate.

Posted by: Prescient11 at December 31, 2012 03:22 PM (tVTLU)


HAHAHAHAHAHAHA HAHAHAHAHAHAHA

HAHAHAHAHAHAHA HAHAHAHAHAHAHA

...

HAHAHAHAHAHAHA

Posted by: Merovign, Dark Lord of the Sith at December 31, 2012 03:27 PM (bxiXv)

260 I'm in no mood for anything but football and a persistent beerbuzz from now until (at least) tomorrow night. Cliff orno cliff, we're headed straight to Shitsville in 2013. I tried contemplating the range of plausible/likely foreign policy crises we couldface in Obama's second term, ended up contemplating a glass of moonshine instead.

Posted by: Lincolntf at December 31, 2012 03:27 PM (tkoGU)

261 I hope there's as much crap in the sandwich as it looks, because that means things will burn sooner.

Extra crap please!

Posted by: hannitys_hybrid at December 31, 2012 03:28 PM (zpqa2)

262 The spending cuts part of the debate...?


Y'think Boehner will start off at thirty-three billion outta one trillion plus again, or will he move the needle a little bit?

Posted by: Kinley Ardal at December 31, 2012 03:28 PM (pcaFm)

263 Thanks oh beauteous dark eyed and dark haired demoness who didst so bedevil Jean Luc.

Posted by: Anna Puma (+SmuD) at December 31, 2012 03:29 PM (fx1PU)

264 Tell me when I should feel relieved or thankful.

Same old congressional gravy train, different day.


These cheap theatrical scumbags all need to be arrested, both parties.

Posted by: ontherocks at December 31, 2012 03:29 PM (aZ6ew)

265 Nothing to worry about. Republicans will leverage the debt ceiling to pass some meaningful, immediate spending cuts. And not those phony baloney reduction-in-the-rate-of-planned-spending-growth cuts either. Real, meaningful, binding cuts.

Thank you, you've been a great audience! Don't forget to tip your waitress. I'll be here all week.

Posted by: Baron Von Ottomatic at December 31, 2012 03:29 PM (6WVi+)

266 If only these were brains!
( . Y . )

Posted by: meeeeghan mccain at December 31, 2012 03:30 PM (jPVBi)

267 As the prophet Franz Ferdinand once said, this fire is out of control.

Posted by: Aaron at December 31, 2012 03:30 PM (Tlix5)

268 258
We really blew it by losing the senate. Thanks again Akin and Murdoch.

O'Donnell, Angle...

Posted by: Baron Von Ottomatic at December 31, 2012 03:30 PM (6WVi+)

269 Dear meeeeghan mccain,

Then you might have enough to blow your nose.

Posted by: Anna Puma (+SmuD) at December 31, 2012 03:30 PM (fx1PU)

270 @robertcostaNRO @HouseInSession House GOP Leadership Source: Republican conference later today/early evening on McConnell-Biden plan.

Posted by: 80sBaby at December 31, 2012 03:30 PM (YjDyJ)

271 yes merovign, you're hilarious.

But are republicans so fucking stupid that they don't understand that they hold the nuclear weapon in this debate.

The FUCKING DEBT CEILING!!!! Get the tax part done and then press your advantage.

Do we forget exactly who the fuck holds the cards in which part of this debate. we need to get the deal done. Now we know spending cuts are part of what comes next.

NOW WE CAN CONTROL THE NARRATIVE. We have the power now. Or at least a good portion of it.

I'm not happy with the outcome, but I wasn't happy with the election results either. We need to finalize this and press our advantage when we actually have a FUCKING ADVANTAGE.

Americans were expecting this. If this clown obama tries to raise taxes again, after he just did, that will go very bad for him.

Posted by: Prescient11 at December 31, 2012 03:31 PM (tVTLU)

272 Annual deficit: 1200 billion
Extra tax revenue from evil rich (mostly white) people: 70 billion




Posted by: Mr. Moo Moo at December 31, 2012 03:10 PM (HDgX3)



And those good rich liberals (Buffett, Hollywood, the MFM etc.) already have every tax dodge and loophole ready to use while lecturing the country about paying more. If the tax would financially castrate assholes like that I'd be for it

Posted by: TheQuietMan at December 31, 2012 03:31 PM (1Jaio)

273 If we go over the cliff, does that mean we won't be able to draft Matt Barkley?

Posted by: Your Kansas City Chiefs at December 31, 2012 03:32 PM (ZOf1l)

274 Posted by: Prescient11 at December 31, 2012 03:22 PM (tVTLU)


Raising taxes in our current economy is going to be ruinous.

That 70 billion does nothing for the deficit, but will cost lots of jobs and hurt the economy.

This is a bit like getting shot, but maybe gangrene won't set in.

Posted by: Bevel Lemelisk at December 31, 2012 03:32 PM (Hw3Gh)

275 I would be more upset at the tax hike on people making more the half-a-million dollars per year...but...

The all voted for Obama. Almost to a man. Those doctors and lawyers that live in the posh section of your town? They are all democrats. Nearly every damned one. They all WANT this tax-hike.

Let them eat it.

Posted by: MrShad at December 31, 2012 03:33 PM (Xqfwb)

276 "We really blew it by losing the senate. Thanks again Akin and Murdoch."

I know, damn those assholes

Posted by: Scott Brown at December 31, 2012 03:33 PM (60GaT)

277 Dear Leader purposely blew it with his speech. I don't think there's going to be a deal.

I still think he wants to go over the cliff and raise taxes on the middle class. That's where the majority of this nation's money is anyway.

Leftists don't want them raising the $250,000 threshold either.

Posted by: Soona at December 31, 2012 03:33 PM (4ME3G)

278 Ace has a new gun thread up.

Posted by: Anna Puma (+SmuD) at December 31, 2012 03:33 PM (fx1PU)

279 268 258
We really blew it by losing the senate. Thanks again Akin and Murdoch.

O'Donnell, Angle...


At least Scott Brown got to vote for Dodd-Frank. We need more men like him.

Posted by: Bevel Lemelisk at December 31, 2012 03:34 PM (Hw3Gh)

280 250


Yeah, it was a gloating speech.
He was basically doing a..."Nah nah nah, nah NAH nah", and sticking his thumbs in his ears.



Posted by: wheatie at December 31, 2012 03:25 PM (K4wCe)

He could probably fit his fists up to his wrists into those jug ears of his.

Posted by: Sandra Fluke's solid gold diaphragm at December 31, 2012 03:34 PM (T7gPe)

281 Those doctors and lawyers that live in the posh section of your town?
They are all democrats. Nearly every damned one. They all WANT this
tax-hike.

Yeah, I'm throwing the bullshit flag on this one.

Posted by: no good deed at December 31, 2012 03:34 PM (mjR67)

282 276 -

I'm trying to do the math, but I'm running out of fingers and toes. Akin, Mourdoch, Brown would get us to..... 48?

So McConnell would STILL be Minority Leader, just less so. Great.

Posted by: BurtTC at December 31, 2012 03:35 PM (TOk1P)

283 Too complicated.

Posted by: Jean at December 31, 2012 03:37 PM (IyKYr)

284 Bevel:

I agree that it's not the ideal. Personally, I don't think the rate should ever be above 33% regardless of what someone makes. 4 months as a slave to the federal government is enough for me.

But it does look like a fair compromise and does bring in a shit ton of revenue by eliminating the payroll tax deduction, which frankly makes up a very big part of the revenue, I am fine with that.

And it closes deductions for wealthy blue state fucks, so I'm ok with that as well.

Again, not ideal, but we were never going to get a perfect solution here. Now it's time for us to control the debate.

Posted by: Prescient11 at December 31, 2012 03:38 PM (tVTLU)

285 282

yeah my point is just that obviously Akin and Mourdock (though the latter to a lesser extent) deserve their share of blame but acting like GOP brand damage is solely due to this one issue is wrong. Brown lost, Tommy Thompson lost, those couple red-state candidates lost.

the commenter i was responding to's made a hobbyhorse out of the whole Purge the SoCons thing, cuz if the GOP became exclusively the party of Ron Paul-esque austerity wizards it'd do gangbusters i'm sure

Posted by: JDP at December 31, 2012 03:38 PM (60GaT)

286 But are republicans so fucking stupid that they don't understand that they hold the nuclear weapon in this debate.

(snip)

Americans were expecting this. If this clown obama tries to raise taxes again, after he just did, that will go very bad for him.
Posted by: Prescient11 at December 31, 2012 03:31 PM (tVTLU)


I'm sorry, did that happen last time? Or the time before that? Or the time before that? Or the time before that?

And what has changed in the meantime?

You're looking at the same thing happening over and over and expecting a different result each time.

Posted by: Merovign, Dark Lord of the Sith at December 31, 2012 03:41 PM (bxiXv)

287 My plan will provide all your needs and wants, peace and prosperity will be there for all

After all, I'm here To Serve Man

Posted by: Barack the Kanamit at December 31, 2012 03:41 PM (wwsoB)

288 Read some comments on leftie sites. They think Joe Biden is the worst human in the world right now since he caved to Republicans. Obama got 99% of what he wanted and they are still upset. Fucking children.

Posted by: Mr. Moo Moo at December 31, 2012 03:48 PM (HDgX3)

289 258
We really blew it by losing the senate. Thanks again Akin and Murdoch.

Posted by: Fresh at December 31, 2012 03:27 PM (O7ksG)

_______________________________
And thanks a lot voters in Montana and N.D. that elected a Dem to office while voting for Romney by 10%+. I hope you didn't enjoy owning guns too much.

Posted by: Mr. Moo Moo at December 31, 2012 03:49 PM (HDgX3)

290 yeah, let's delay the negotiations about spending cuts for 3 months or so... because Barry will become so much more agreeable by then.

Posted by: wth at December 31, 2012 03:52 PM (wAQA5)

291 i think it's more about the time constraints

Posted by: JDP at December 31, 2012 03:56 PM (60GaT)

292
And thanks a lot voters in Montana and N.D. that elected a Dem to office while voting for Romney by 10%+. I hope you didn't enjoy owning guns too much.
-______
No doubt. part of that is the democrat machine that pimped 3rd party candidates behind the scenes.

Posted by: Fresh at December 31, 2012 03:59 PM (O7ksG)

293
The fact that that idiot fake indioan Eliz.Warren won over brown in MA has more to do with the idiots of MA than Brown.

Posted by: Fresh at December 31, 2012 04:00 PM (O7ksG)

294 This is BS. Not a single cut? We need to cut spending not revenue.....

Posted by: Draki at December 31, 2012 04:00 PM (I0PG6)

295 "After all I'm here to serve Man." ... It's a cook book.!... and our Goose is definitely cooked....

Posted by: Hello, it's me Donna let it burn really.really bummed at December 31, 2012 04:04 PM (9+ccr)

296 295, what no hawaiin cannibal jokes?

Posted by: Draki at December 31, 2012 04:12 PM (I0PG6)

297
let’s pass the tax relief portion now. Let’s take what’s been agreed to and get moving. The President wants this, members of Congress want to protect taxpayers, and we can get it done now.

Let me be clear: We will continue to work on finding smarter ways to cut spending, but let’s not let that hold up protecting Americans from the tax hike that will take place in about 10 hours.

We can do this. We must do this.

Mitch McConnell, Prince of Atlantis


Posted by: Laurie David's Cervix at December 31, 2012 04:14 PM (kdS6q)

298
BTW -- good thing the Republicans in the House waived their 72 hour rule yet again so no one else will have a chance to review and comment on this legislation before it's passed.

Democracy!


Posted by: Laurie David's Cervix at December 31, 2012 04:16 PM (kdS6q)

299 The GOP's Top Men have your best interests at heart. They just consistently maneuver themselves into giving up everything they claim to support by accident, really.

Posted by: MlR at December 31, 2012 04:47 PM (vR2l5)

300 "AMT" Ace brother.

Obama's press conference was the most surreal thing I've ever seen.

It was like a Jim Jones rally. Kool-Aid to be served later.

They're clapping for what...? Higher taxes?

Oh wait- keeping the Bush tax cuts- are they going to thank Bush next?

We have a debt problem and we've done nothing to cure it.

But we've raised taxes and Obama will use those taxes for more spending.

We also have a trillion dollar Obamacare tax hike on January 1st. That will hit everyone.

Hoorah!

What a bunch of douches.

Posted by: marcus at December 31, 2012 04:47 PM (aATlM)

301 Let me get this straight...
In exchange for giving Obama almost every thing he wants, Republicans got...nothing?

Fuck 'em.

Let It Burn.

Posted by: egd at December 31, 2012 04:47 PM (pgpHz)

302 I remember Obozo promising 250,000 for person
before the election.... Not 250000 for a couple. Am I wrong?

Posted by: Baldy at December 31, 2012 04:51 PM (opS9C)

303 I have mixed feelings.

Is it really "conservative" to not give permanent tax relief to around 97% of Americans all because you want Obama to take a hit in the polls? Do we really want to throw hundreds of billion of more dollars in front of Reid and Obama to spend on more worthless stimulus?

If we go back to the Clinton tax rates, my tax bill goes up around $30k for 2013. I'm not sure Obama taking a mild dip in the polls is really worth that, at least not to me.


Posted by: Jeepers at December 31, 2012 04:52 PM (XDRsa)

304 and so now they are going to write up a bill and get it past through both the House and the Senate before midnight?
because it was my understanding that law kinda has to get made that way...

Posted by: Secession of the Plebs at December 31, 2012 04:59 PM (m6OUa)

305 oh and get President Downgrade to sign it...

Posted by: Secession of the Plebs at December 31, 2012 05:00 PM (m6OUa)

306 ... trying to find in the Constitution the clause that allows law to be made by by 3 or 4 people just talking about it.hmmmm, just doesn't seem to be there, weird.

Posted by: Secession of the Plebs at December 31, 2012 05:07 PM (m6OUa)

307 I really don't see anything for me in this deal. The successful are the ones being raped.

The republicans if they had any courage, would walk away.

Posted by: Caustic at December 31, 2012 05:19 PM (/b8+5)

308 This is such Bullchit. They will vote sometime in January and make everything retroactive to tonight. The House knows this, calling them to a vote on New Year's Eve is just theater. It's unnecessary and more wasteful spending.

And, shouldn't the house be sending the senate a bill, not the other way around? There must be some bizarre reason why they are doing it this way. Some "catch 22" that will only become apparent when it's an "aha moment" sometime after the bill is passed.

Posted by: Caustic at December 31, 2012 06:16 PM (/b8+5)

309 Fucking great....I get to pay these cocksuckers another $50k just because some crooked motherfucker's BIL is in the construction business and wants to charge double on a fucking armadillo fucking bridge in fucking Minnesota. If anyone reading this are cocksucking cong. staff people or even federal employees you can go fuck yourselves with a hot horse shoe. The rule of unintended consequences is gonna bite you ass munching limp dicks big time. Let It Burn.

Posted by: owlpellets at December 31, 2012 07:58 PM (dmEoV)

310 Todd Aiken, I just want to wish you a Happy New Year, and Hope that you Choke to death on your wife's dick.

Posted by: jeremiah God Damn Barack Obama the Mother Fucking SCoaMF wright at December 31, 2012 09:49 PM (+OTLF)

311 309 - Take a deep breath and cool off son.The country survived 8 years of Bush; the country willsurvive 8 years of Obama.

Posted by: Smarty Pants at December 31, 2012 10:51 PM (Iyxcf)

312 311 I had you no one from the govt. doing 100 hour weeks, driving hundreds of miles in western snowstorms, sweeping floors at 5:00 am, or spending my small allowance for sleep worrying about facilities, employees, and customers. The 49% didn't build shit. Now you want me to fork over an extra 400k (50kx4 more years) to these worthless cocksuckers. Kindly go fuck yourself with a trombone slide...

Posted by: owlpellets at December 31, 2012 11:13 PM (dmEoV)

313 - 312 - You are full of it. The proposed tax increase on high-income earners is around 3%. In order to pay an extra $50k annually, you would have to have an AGI of $1.65 million. My guess if that were true, you wouldn't be posting here on New Years Eve. If it is correct, then pony up the $400k and keep your stupid mouth shut.

Posted by: Smarty Pants at December 31, 2012 11:29 PM (Iyxcf)

314 You have no clue dickwad. A 3% raise on y AGI is an 8.6% Increase in my fucking rate. $1.7 million is no big feat for a medium S corp(se) that watches their expenses line by line unlike the public sector. Go learn to read a PL or shut the fuck up.

Posted by: owlpellets at December 31, 2012 11:37 PM (dmEoV)

315 Right, and how much do you take out via tax-free K-1 distributions? Or stockholder loans or one or numerous ways to take out money tax-free?

Posted by: Smarty Pants at December 31, 2012 11:50 PM (Iyxcf)

316 It is fucking New Years Eve and after working 12 hours I'm re-working my depreciation to try and fuck you out of part of the 400k. That's the way the big boys do it Sonny.

Posted by: owlpellets at December 31, 2012 11:52 PM (dmEoV)

317 I'm in a very inventory intensive industry and my excellent people do extremely well on commission Slick. To a person they would rather have $400k more in inventory than carry some fat ass. How I pay myself is my fucking business. How I fund growth is my fucking business.

Posted by: owlpellets at December 31, 2012 11:58 PM (dmEoV)

Posted by: owlpellets at January 01, 2013 12:08 AM (dmEoV)

319 - 318 - Slipping a bit there? Must be tough trying to figure how to pay yourself without paying your fair share of tax. After accelerated depreciation, Section 179 depreciation and any other expenses your hot-shot CPAsuggested, I'll bet you don't pay much in income tax. I'm crying crododile tears for you.

Posted by: Smarty Pants at January 01, 2013 12:39 AM (Iyxcf)

320 Afraid I may use the cash to hire some people?

Posted by: owlpellets at January 01, 2013 01:18 AM (dmEoV)

321 You will be hiring emploees when demand increases, not if your taxes are any higher or lower.

Posted by: Smarty Pants at January 01, 2013 02:26 AM (Iyxcf)

322 This series of comments between the producer of owlpellets and useless shitbird taker should be bookmarked.

This is your enemy.

Posted by: toby928© for TB at January 01, 2013 07:23 AM (QupBk)






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