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Ayotte: No higher tax rates
in ´fiscal cliff´ deal

The Hill [Washington DC], by Sam Baker

Original Article

Posted By:JoniTx, 11/18/2012 12:29:15 PM

A deal to avoid the “fiscal cliff” should include entitlement reforms as well as new revenues — but not higher tax rates — Sen. Kelly Ayotte (R-N.H.) said in the GOP’s weekly address. Republicans have warmed to the idea of new revenues since President Obama’s reelection, but lawmakers are still divided over whether to raise tax rates on the wealthy or find money elsewhere. “Tax reform that eliminates wasteful tax preferences to generate revenue will help bring fairness and efficiency to our tax system. This approach makes more sense than raising tax rates—which will harm

      


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Reply 1 - Posted by: Blue-Z-Anna, 11/18/2012 12:43:32 PM     (No. 9022140)

The emotional and punitive nature of leftist tax reform seems incomprehensible.

One would think that the parasitic element would welcome a more vibrant and productive host organism.

Where is the logic in strangling the productivity of the wealth generating sector ?

Unless....a collectivist takeover requires a complete collapse first ?

Or....what do these lefties really want ?

Do they even know ?

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Reply 2 - Posted by: curious1, 11/18/2012 1:01:12 PM     (No. 9022180)

They are mentally ill also known as libtards (communists, socialists, fascists, stalinists, marxists, democrats, and so on). Attempting to sort out any reason or logic in their actions is an exercise in futility. They mostly present the same symptoms that those with borderline personality disorder (presenting fragile personality behaviors) show - in a nutshell, reality is in their heads, so whatever they believe reality is determines how they act.
we lack the resources to cure them And they will not quit while they exist. They cannot be negotiated with, reasoned with or trusted to keep their promise or word. They are domestic and foreign enemies of the constitution, and as such are most useful as fertilizer.

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Reply 3 - Posted by: nigella, 11/18/2012 1:10:23 PM     (No. 9022202)

"revenue" is just another word for tax...

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Reply 4 - Posted by: bamapreacher, 11/18/2012 1:10:38 PM     (No. 9022203)

I still think that closing tax loopholes is the way to go, and I still think that is not an option because Obama´s rich supporters like entertainers and tech leaders make the biggest use of such loopholes. I doubt if the "average" person making over 250K to, say 1 million, take much if any advantage of the more esoteric loopholes.

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Reply 5 - Posted by: Davids918, 11/18/2012 1:17:04 PM     (No. 9022211)

The Dems believe it´s all on the tax-rate increase, so give it to them.

Stop trying to bail them out with the loopholes and other revenue generating issues.

They didn´t focus on those, and have pinned their entire balancing of the budget on this tax increase.

Let them explain why their plan didn´t put a dent into the deficit, or balance the budget.



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Reply 6 - Posted by: woodsman, 11/18/2012 1:23:47 PM     (No. 9022221)

What is going to get really screwed here are our estates...It´s going to 55% on $1MM - The pubbies need to get in front of this post haste!

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Reply 7 - Posted by: mws50, 11/18/2012 1:46:33 PM     (No. 9022257)

You know Boehner is going to cave. He has a long history of caving.

Write your congress critter. Tell him/her to cut spending first, increase taxes last. Spending cuts now, increased taxes in 3 years.

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Reply 8 - Posted by: DaBigGuy, 11/18/2012 1:54:26 PM     (No. 9022271)

It doesn´t matter. Like all other "tax reform" bills, they´ll load the pork and real loopholes when it gets to conference committee, while giving lip service to the loopholes (the term Dems misleadingly use as a substitute for the word "deductions") they closed. Same old garbage in a newer package. If they want new revenues, get rid of every refundable tax credit.

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Reply 9 - Posted by: saguni, 11/18/2012 2:04:48 PM     (No. 9022288)

Even 0bama admits higher tax rates means lower total revenues!! He knows and doesn´t care! He thinks superficial "fairness" is more important, and he has to lie about that, too. He compares capital gains (which is what retirees get from their 401K and IRA accounts) to simple worker income tax, knowing that the top 1% can choose to shift their compensation from "income" to "dividends."

He said as much in the pre-convention 2008 debate with Hillary as posted on You Tube: http://www.youtube.com/watch?v=gJimLZRC9N8

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Reply 10 - Posted by: judy, 11/18/2012 8:58:52 PM     (No. 9022775)

She must be the only repub in congress who doesn´t want higher taxes...on all the shows the repubs are telling the repubs to grow up & accept higher taxes. Boehner will cave.

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