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Wed Nov 7, 2012, 05:13 PM

Boner willing to accept new tax revenue

http://www.washingtontimes.com/news/2012/nov/7/boehner-gop-willing-accept-new-tax-revenue/

hey it is a starting position.

House Speaker John A. Boehner said Wednesday that Republicans are “willing to accept new revenue” coming to the federal government as part of a new debt deal, offering an early olive branch in the aftermath of Tuesday’s election.
But the Ohio Republican said new tax money must not come from higher tax rates — something President Obama has pushed for, at least for the wealthy — and said it should come instead from getting rid of loopholes that distort the tax code.

snip

“Does the increased revenue come from government taking a larger share of what the American people earn through higher tax rates?” Mr. Boehner told reporters in a speech at the Capitol a day after he saw voters renew but slim his majority. “Or does it come as the byproduct of a growing economy, energized by a simpler, cleaner, fairer tax code, with fewer loopholes, and lower rates for all?”

snip

Mr. Boehner also signaled that any deal that brings in new money to the government would have to include changes to entitlement programs such as Medicare and Medicaid, which take up an ever-increasing share of government spending.
Mr. Boehner pointed back to discussions he had with Mr. Obama last year, during the height of the debt showdown, when he said they talked about a deal that would lower tax rates but close enough loopholes to bring in more money to federal coffers.


Read more: Boehner: GOP willing to accept new tax revenue - Washington Times http://www.washingtontimes.com/news/2012/nov/7/boehner-gop-willing-accept-new-tax-revenue/#ixzz2BZrq70wj
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47 replies, 4639 views

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Reply Boner willing to accept new tax revenue (Original post)
littlewolf Nov 2012 OP
Panasonic Nov 2012 #1
aquart Nov 2012 #25
budkin Nov 2012 #2
Justice Nov 2012 #3
Chan790 Nov 2012 #30
caseymoz Nov 2012 #37
ProudProgressiveNow Nov 2012 #4
Adenoid_Hynkel Nov 2012 #5
zipplewrath Nov 2012 #6
CTyankee Nov 2012 #38
tanyev Nov 2012 #7
DCBob Nov 2012 #8
LeftofObama Nov 2012 #9
NorthCarolina Nov 2012 #36
Blanks Nov 2012 #44
shawn703 Nov 2012 #10
starroute Nov 2012 #11
Arneoker Nov 2012 #12
starroute Nov 2012 #16
defacto7 Nov 2012 #13
svpadgham Nov 2012 #14
avaistheone1 Nov 2012 #23
Jack Sprat Nov 2012 #15
elbloggoZY27 Nov 2012 #17
Thrill Nov 2012 #18
Ineeda Nov 2012 #19
SoonerPride Nov 2012 #20
craigmatic Nov 2012 #21
bl968 Nov 2012 #22
politicaljunkie41910 Nov 2012 #32
pasto76 Nov 2012 #24
DFW Nov 2012 #26
DallasNE Nov 2012 #27
DiverDave Nov 2012 #28
valerief Nov 2012 #29
DCBob Nov 2012 #31
NorthCarolina Nov 2012 #33
politicaljunkie41910 Nov 2012 #34
John2 Nov 2012 #43
bushisanidiot Nov 2012 #35
toby jo Nov 2012 #39
BE10sCoach Nov 2012 #40
Rider3 Nov 2012 #41
grantcart Nov 2012 #42
mrmule Nov 2012 #45
Hubert Flottz Nov 2012 #46
Zoeisright Nov 2012 #47

Response to littlewolf (Original post)

Wed Nov 7, 2012, 05:14 PM

1. Fine. a permanent 55% tax on Republicans and people earning more than 250,000

 

and above.

We'll call it the Boehner Rule.

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Response to Panasonic (Reply #1)

Thu Nov 8, 2012, 05:32 AM

25. Nuh uh.

You left out FROM ALL SOURCES.

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 05:14 PM

2. Tough shit... tax rates are going up for millionaires

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 05:15 PM

3. needs to be rates and loopholes. Boehner has not moved from his original position.

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Response to Justice (Reply #3)

Thu Nov 8, 2012, 08:53 AM

30. He may come to regret that position...

if the Senate Democrats decide to play dirty and make the loophole they're pushing to eliminate the capital gains exemption and return capital gains to taxation as regular income. It would never pass the House, it'd probably barely pass the Senate and not even there if people though there was any chance of it actually becoming law.

It'd be a brutal club to beat him over the head with though..."we sent him exactly what he asked for and he refused to even vote on it." I want to see how fast he can change course and put rate increases on the table.

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Response to Chan790 (Reply #30)

Thu Nov 8, 2012, 10:17 AM

37. Unfortunately, with the fiscal cliff, we don't have time for that.


Really, the economy is about to implode again. We don't have time for maneuvers meant to just bludgeon the other side. We can fix it in the short term and negotiate for the longer term.

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 05:17 PM

4. PBO has all the cards!

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 05:20 PM

5. Boner shrivels on the issue

He's going limp!

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 05:32 PM

6. He knows not what he sayeth

Truth is, he's right. We'd do much better to give some supposed rate relief, to increase the money exposed to taxation. So we leave the rate where it is, and make sure we expose more of their income to taxation. We can start by making it harder to have their income classified as capital gains.

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Response to zipplewrath (Reply #6)

Thu Nov 8, 2012, 10:26 AM

38. Yep, that way he can say "we didn't raise the tax rates on anybody."

If that is really his fall back on this, I'm ok with it. But he can't just go out there and say something and then renege later.

If he is serious about having a sober negotiation with Obama, then he has to have someplace to go from the hardest line of his position.

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 05:50 PM

7. Do I hear wailing and gnashing of teeth coming from Freeperville?

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 05:55 PM

8. I was suspecting this would happen.

There will be some "cooperation" for awhile. The GOPers are in survival mode now.

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 06:08 PM

9. This part has me a little worried...

"Mr. Boehner also signaled that any deal that brings in new money to the government would have to include changes to entitlement programs such as Medicare and Medicaid, which take up an ever-increasing share of government spending."

Keep your filthy orange fingers off of Medicare and Medicaid! Don't start with this shit again!

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Response to LeftofObama (Reply #9)

Thu Nov 8, 2012, 10:15 AM

36. That part should

probably have you more than "a little" worried. Our conservative DU'ers are likely already queuing up their snark and polishing their "tinfoil hat" comments for those that will inevitably come here to post their dismay over Obama's acceptance of changes to entitlement programs as outlined in the Simpson-Bowles plan.

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Response to LeftofObama (Reply #9)

Thu Nov 8, 2012, 12:21 PM

44. The wealthy don't need to collect social security. eom

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 06:53 PM

10. Fine, no bill raising rates on the rich

Just let the tax cuts expire for everyone. Then they can work on a bipartisan tax cut for the middle class, and close some loopholes without touching Medicare and Medicaid.

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 06:54 PM

11. How is this any different from what Romney campaigned on?

As was shown by detailed analysis during the campaign, "closing loopholes" doesn't do much unless you start taking away the deductions that primarily benefit the middle class.

And this whole "growing economy, energized by a simpler, cleaner, fairer tax code, with fewer loopholes, and lower rates for all" business is also straight out of the Romney playbook -- not to mention being total bullshit.

So this looks like a non-starter.

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Response to starroute (Reply #11)

Wed Nov 7, 2012, 07:54 PM

12. Actually closing loopholes could work pretty well, if you limit it to higher incomes, and...

Of course you don't couple it with an enormous tax cut like Romney proposed. Also if your "additional revenues" don't come from voodoo math, Obama and the Dems need to disabuse anyone of that pronto.

A simpler tax code might even help growth, but my guess is that we'd do well to get an extra 0.1% or 0.2% a year.

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Response to Arneoker (Reply #12)

Wed Nov 7, 2012, 09:01 PM

16. Except that what Boehner is proposing *is* taxcuts plus voodoo economics

And I seriously doubt that eliminating loopholes could spur growth. People may bitch about having to do their taxes, but especially with tax software and online tax sites, it's not all that time-consuming -- unless you're someone like Romney with a 500-page return.

But the real bottom line is whether Boehner is serious or not, and at this point there's no evidence he is.

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 07:57 PM

13. So, what's new?


Nothing changed....

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 08:25 PM

14. I bet the only "tax revenue" he's willing to accept is in the form of a pay hike. n/t

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Response to svpadgham (Reply #14)

Thu Nov 8, 2012, 12:53 AM

23. I wouldn't doubt it.

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 08:28 PM

15. I'm sure he did, but that's not good enough.

 

Again he wants to protect the high income people at the expense of the greater majority.

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 09:01 PM

17. Hope

 

This Country may be divided but the populace who voted for the President were fed up with the Republican Agenda and a Congress that did nothing. I think Mr Boehner said a lot of progressive things today and I hope both Parties can now move forward which is sorely needed.

The GOP over the last four years Agenda failed them completely.

This Country has a lot of fiscal problems and needs fixing now for all of the Citizens, especially all who voted no matter for what Party.

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 09:08 PM

18. Um over 60% of the voters said they wanted those taxes raised on the rich

He best be willing to accept it or Pelosi will soon be Speaker of the House again

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 09:22 PM

19. More bullshit from the losing team.

Not much different here. Let the B*sh tax cuts expire -- all of them. The rethugs agreed to it, so hold them to it.

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 09:24 PM

20. Since when do the losers set the agenda?

how about never.

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 09:25 PM

21. Is Obama still letting the bush tax cuts expire?

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Response to littlewolf (Original post)

Wed Nov 7, 2012, 09:41 PM

22. A 10% tax on stock trades

Would raise 10 Trillion Dollars a year and provide much needed stability to the markets...

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Response to bl968 (Reply #22)

Thu Nov 8, 2012, 09:59 AM

32. Why not a 1% then. No one would miss a 1% tax. If your figures are correct a trillion dollars

a year for 10 years would reduce the deficit $10trillion without imposing a hardship on anyone.

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 03:53 AM

24. took less than a day for their corporate overlords to choke chain them

boy dont you forget who owns you

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 05:34 AM

26. Maybe Obama sent him a pocket calculator n/t

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 06:58 AM

27. New Revenue From Lower Rates?

This is the Washington Times so I'm not sure why it was posted, but that is another story.

I can't see one iota of difference between what Boehner just said and what the voters just rejected, i.e., Romney's plan right down the line. That is a non-starter. It certainly does not show a willingness to compromise. Of course Boehner can't compromise because the incoming House Republicans would oust him as Speaker of the House if he did. This will force Obama to do an end run on Boehner.

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 07:05 AM

28. Right, middle class tax hikes

and poor folks.
But taxing the rich?
Not in HIS lifetime.

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 08:36 AM

29. Sure, just not from the 1%. nt

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 09:03 AM

31. This could be a trial balloon to see how Republicans react.

I suspect there is some form of a deal already behind the scenes with the WH.

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 10:09 AM

33. Here we go....the "Grand Bargain" for Social Security and Medicare

They're wasting no time on this one.

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 10:11 AM

34. Please Mr. President, let ALL the Bush tax cuts expire on target. We can negotiate

something afterwards for the less than $250K crowd. As an under $250k family, I would rather forfeit the Bust Tax Cuts in their entirety than to give up the Mortgage and charitable deductions. (Hey I live in California). Besides we know that the Bush tax cuts will affect those in the top 20% more than they impact the bottom 80%. I would be willing to return to the Clinton era tax rates if it means that those who have benefitted the most from the past 12 years pay more. Also, close the loophole which allows Romney and company to be taxed at the capital gains rate on his bogus "carried interest income" which should rightfully be taxed at the 'earned income' rate like most of us do.

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Response to politicaljunkie41910 (Reply #34)

Thu Nov 8, 2012, 12:15 PM

43. President Obama

 

promised to let the Bush Taxcuts expire on the wealthy. This is simple. If the Republicans don't agree to it then let the electorate know the Republicans refused and on keeping the tax cuts for the middle class. All the President has to do is not sign a deal with tax cuts for the wealthy,just let it expire for everyone. That should be the Compromise to the Republicans. Take it or leave it.

We can can renegotiate the cuts for the military. If they refuse,then let the Public in their Districts know, for the midterms. The Dems should present the Deal and let people in their Districts know who voted for it. Put it on their record. That is the hammer, the President should use on the Republicans for midterm elections. Get them all on record. The bottom line to me is the President won while Boehner and McConnell loss. I don't think everybody in their Party should march lock step with them. Call them in and deal with them one on one. Especially in the districts the President won and the ones that will be up for re-election in their Districts. That is how he should deal with the Republicans.

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 10:13 AM

35. I don't trust him. His compromise for more revenue will be to cut funding for PBS & PP.

just watch, he will hold us hostage again in order to keep money in the pockets of the richest in the nation.

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 10:48 AM

39. If it's offshore - tax it.

I'm guessing most congressmen don't have offshore accounts, and there may be some jealousy there, too, of those who do.

Time to gut the golden calf.

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 11:16 AM

40. Tell Boner

we are willing to talk as soon as the Bush Tax Cuts expire, you scumbag!

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 11:45 AM

41. Basically, he will change nothing

Boehner refuses to raise taxes on the wealthy - period. He is not in any way, shape, or form going to compromise with our president. He'll stick to the same losing tactic, and we are the ones who will suffer.

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 12:00 PM

42. One day huge sell off was the shot across the bow.



The stock market doesn't like the cliff and they are going to blame Bohener all day long.


He's scared.

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 04:24 PM

45. A, Mr Boner

If the American people would have wanted Robnme's tax plan they would have fuckin voted for it ...Push this and do not concede. I would have a hard time not saying up your motherfucker!!

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Response to littlewolf (Original post)

Thu Nov 8, 2012, 04:55 PM

46. Boner is in no position to dictate all the terms anymore, IMHO.

Time for Obama to stand up to that drunken slimeball.

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Response to littlewolf (Original post)

Fri Nov 9, 2012, 12:03 AM

47. God, orange-o is such a maroon.

Little weiner.

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