HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » GOP Senator Backs Down On...

Sun Dec 9, 2012, 10:13 AM

GOP Senator Backs Down On Tax Rates For Wealthy

Source: TPM



PEMA LEVY 9:31 AM EST, SUNDAY DECEMBER 9, 2012

Sen. Bob Corker (R-TN) came out in favor of allowing tax rates on the wealthy return to Clinton-era levels, arguing on "Fox News Sunday" that Republicans don't have a lot of cards in their hand when it comes to negotiations. Corker argued that once Republicans concede on tax rates, they will have more leverage to negotiate on the spending side of a debt deal, namely entitlement reform. "I actually am beginning to believe that is the best route for us to take," he said.

"There is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end," Corker said. "So, a lot of people are putting forth a theory, and I actually think it has merit, where you go ahead and give the president the 2 percent increase that he's talking about, the rate increase on the top two percent. And all of a sudden the shift goes back to entitlements… The focus then shifts to entitlements and maybe that puts us in a place where we actually can do something that really saves this nation. So there is a growing body -- I actually am beginning to believe that is the best route for us to take, to again shift the focus where it needs to be, which is on entitlements."

-30-

Read more: http://livewire.talkingpointsmemo.com/entry/gop-senator-republicans-should-concede-on-tax-rates

37 replies, 5173 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 37 replies Author Time Post
Reply GOP Senator Backs Down On Tax Rates For Wealthy (Original post)
DonViejo Dec 2012 OP
jsr Dec 2012 #1
loyalkydem Dec 2012 #2
BeyondGeography Dec 2012 #3
BlueToTheBone Dec 2012 #10
ashling Dec 2012 #32
BlueToTheBone Dec 2012 #33
ashling Dec 2012 #34
nolabels Dec 2012 #37
SoapBox Dec 2012 #4
RKP5637 Dec 2012 #27
Owl Dec 2012 #35
sheshe2 Dec 2012 #5
RKP5637 Dec 2012 #28
donco Dec 2012 #6
AnotherMcIntosh Dec 2012 #12
Democrat 4 Ever Dec 2012 #14
AnotherMcIntosh Dec 2012 #16
awoke_in_2003 Dec 2012 #15
AnotherMcIntosh Dec 2012 #17
awoke_in_2003 Dec 2012 #36
skrempi313 Dec 2012 #7
neverforget Dec 2012 #8
Coyotl Dec 2012 #9
democrattotheend Dec 2012 #31
chuckstevens Dec 2012 #11
AnotherMcIntosh Dec 2012 #13
Amonester Dec 2012 #29
rock Dec 2012 #18
cstanleytech Dec 2012 #19
John2 Dec 2012 #20
ejbr Dec 2012 #21
Ash_F Dec 2012 #22
unterrified democrat Dec 2012 #23
Blasphemer Dec 2012 #24
rso Dec 2012 #25
hrmjustin Dec 2012 #26
closeupready Dec 2012 #30

Response to DonViejo (Original post)

Sun Dec 9, 2012, 10:15 AM

1. Let the Bush tax cuts expire.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 10:16 AM

2. This is where the President needs to remind him that 63 million people voted for him

to keep earned benefits off the table. We may need to start a call in campaign to remind the President of this.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 10:23 AM

3. The two percent rate increase he's talking about?

I know Corker self-corrected there, but it's hard not to think he's selling a 37 percent top rate compromise as Obama's idea. These guys are such weasels.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to BeyondGeography (Reply #3)

Sun Dec 9, 2012, 12:21 PM

10. That is for sure. I am always astounded how they weasel

through everything.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to BlueToTheBone (Reply #10)

Mon Dec 10, 2012, 03:21 AM

32. But, that is

the nature of a weasel, no?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to ashling (Reply #32)

Mon Dec 10, 2012, 02:46 PM

33. Yes, and because that is their nature

we really can't be upset with them because we know what they are!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to BlueToTheBone (Reply #33)

Mon Dec 10, 2012, 05:15 PM

34. We should only be astounded when

they act with honesty and integrity.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to ashling (Reply #34)

Tue Dec 11, 2012, 09:42 AM

37. I have not seen them do that, please send out a news alert when they do

The simple facts are that they are just traitors, bought and sold by the wealthy and corporate multinationals

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 10:36 AM

4. Start cutting at the Pentagon FIRST!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to SoapBox (Reply #4)

Sun Dec 9, 2012, 06:34 PM

27. Exactly!!! Just how many times does the US have to have enough kill power to kill off

everything on earth. It's stupid and disgusting, but the profiteers know there's big money to be made by killing everything on earth. We live in a sea of aggressive bellicose stupidity.


Reply to this post

Back to top Alert abuse Link here Permalink


Response to SoapBox (Reply #4)

Mon Dec 10, 2012, 06:48 PM

35. Exactly right!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 10:42 AM

5. IMHO...not alot of Brains either!

Republicans don't have a lot of cards in their hand when it comes to negotiations.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to sheshe2 (Reply #5)

Sun Dec 9, 2012, 06:35 PM

28. Republicans certainly are not the sharpest tools in the tool shed. n/t

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 11:31 AM

6. how about

some military bases being closed and see where we stand?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to donco (Reply #6)

Sun Dec 9, 2012, 12:34 PM

12. OK, if you start with the ones in Kentucky first.

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AnotherMcIntosh (Reply #12)

Sun Dec 9, 2012, 12:45 PM

14. Interesting, why the posts in Kentucky? Just asking.

Is it because of our bat sh!t crazy representatives McChinless and Paul? You just don't like Kentucky? You had a bad experience at Ft. Knox or Ft. Campbell? Wondering why you singled out Kentucky.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Democrat 4 Ever (Reply #14)

Sun Dec 9, 2012, 01:27 PM

16. Because this guy is screwing up the country while "bringing home the bacon."

 



It's time to cut some pork.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AnotherMcIntosh (Reply #12)

Sun Dec 9, 2012, 01:13 PM

15. Or maybe some...

of the hundreds we have overseas?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to awoke_in_2003 (Reply #15)

Sun Dec 9, 2012, 01:29 PM

17. OK. But McConnell doesn't have any bases overseas.

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AnotherMcIntosh (Reply #17)

Tue Dec 11, 2012, 01:11 AM

36. True...

I just hate to smack the people, even if they keep voting this shitstain into office. As a liberal in Texas, i can feel for those trapped there. I guess maybe that is the only way they will learn

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 11:32 AM

7. Spam deleted by gkhouston (MIR Team)

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 12:05 PM

8. Let the tax cuts expire and negotiate from there

and tell Corker to go Cheney himself

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 12:07 PM

9. There they go again with the FALSE meme of "entitlements" which is pure BS

My Social Security in NOT an entitlement. I paid for it! And I paid for it under a set of rules they can not change without violating the rights and agreement I paid into.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Coyotl (Reply #9)

Sun Dec 9, 2012, 10:43 PM

31. Sorry, but it doesn't work that way

You don't have a contractual right to Social Security, and Social Security is (unfortunately) not bound by ERISA's funding or anti-cutback rules.

I am not saying it should be cut, but there is no enforceable right to a particular level of benefit.

How do you think I feel, paying in knowing I will probably never see a dime? I have never heard anyone, even the most staunch opponent of any kind of reform, say that it is solvent until I retire. It's just another tax to me. I don't mind paying it, but I certainly don't view it as something I have a right to, because i probably won't.

FWIW, I think Social Security SHOULD have been written with funding rules and contractually enforceable benefits like employer provided pensions. But unfortunately it wasn't. Which is why I don't trust it...not as long as it has the potential to fall into Republican hands.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 12:29 PM

11. I Just Hear Heads Exploding!

Last edited Sun Dec 9, 2012, 05:29 PM - Edit history (1)

Karl Rove, the Koch Brothers, he Fox/Right wing Propaganda Machine aka. Hannity, Limbaugh, Reilly, Levin, etc. must be having fits when they hear GOP Senators talking like this.

Oh, and by the way: Did you hear Senator Cocker R of TE, Whimpocrats? No Entitlement cuts or as I like to call them "Deservement" Cuts! WE PAY FOR THESE THINGS and the rich have it it unbelievable good for 12 years! Could the Democratic Congress play this hand like they have all the cards for once in my lifetime? Don't retreat a single inch!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 12:37 PM

13. "entitlements"? Why is Mitch McConnell entitled to have military bases in Kentucky?

 

Close 'em.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AnotherMcIntosh (Reply #13)

Sun Dec 9, 2012, 07:52 PM

29. Why is turtleman 'entitled' to have taxpayer-funded healthcare?

And most taxpayers don't?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 01:52 PM

18. Sen Corker is crazy of course

The "entitlements" that the Shitpublicans are talking about are the ones that are essentially insurance/retirement (SSN and Medicare) for which we (the recipients) pay the premiums. All they can do now is piss me off by talking like this.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 02:09 PM

19. I truly dont mind lower taxes for the wealthy but the thing is when they are given them

the money does not trickle down to those of us who are less fortunate in life, if anything it seems to make things worse.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 02:52 PM

20. Let them

 

go ahead and think they will have the upper hand on cutting Social Security or Medicare. I don't think they know what they are asking for. All the President has to do is present his spending cuts and let the Republicans present theirs. Maybe the Republicans didn't see the Polls on that issue either. We can present a plan to cut Corker's pension and means test his benefits from Congress. I think he can afford it.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 02:59 PM

21. I can't believe we're still talking about this shit...

the Bush tax cuts caused chaos, the top tax brackets got all the recovery without providing any jobs. Time to go back to something that works. Thanks for posting...hopefully more will catch on.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 03:16 PM

22. Oh look, he wants to be re-elected. /nt

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 04:17 PM

23. That's Right - Shift the Focus to Entitlements.

Corporate entitlements, that is, because "corporations are people, my friend".

Reply to this post

Back to top Alert abuse Link here Permalink


Response to unterrified democrat (Reply #23)

Sun Dec 9, 2012, 04:30 PM

24. My thoughts exactly

They are trying to reframe the debate in their favor. They want to use "see, we're compromising!" in order to make this entire issue about social safety net cuts and deficit reduction. Letting the Bush tax cuts on the wealthy expire is not a compromise, it's common sense. It's definitely time to push back and get the focus back where it belongs - corporate welfare and military spending.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 06:19 PM

25. Fiscal cliff

Let the Bush tax cuts expire and immediately thereafter have democrats introduce legislation to cut taxes ONLY on those making under $ 250,000. The GOP will have to support it unless they want to completely alienate the 98 %.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 06:21 PM

26. I see that some of the gop are using a brain cell or two.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DonViejo (Original post)

Sun Dec 9, 2012, 07:57 PM

30. The MSM is a big trump card on the side of the GOP, so

not sure he's talking in good faith here, but whatever. K&R

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread