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Wed Jan 2, 2013, 02:21 PM

 

POLL: the deal,good or not?


45 votes, 0 passes | Time left: Unlimited
Great result!
9 (20%)
It sucks!
1 (2%)
Mostly, I like it. (Say I 70% support it)
29 (64%)
Mostly, progressives lost. (I like 30% of it.)
6 (13%)
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Disclaimer: This is an Internet poll

10 replies, 1118 views

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Reply POLL: the deal,good or not? (Original post)
jerseyjack Jan 2013 OP
Filibuster Harry Jan 2013 #1
Control-Z Jan 2013 #4
BlueCaliDem Jan 2013 #2
Proud Liberal Dem Jan 2013 #3
denverbill Jan 2013 #5
Harmony Blue Jan 2013 #6
Myrina Jan 2013 #7
riqster Jan 2013 #8
DevonRex Jan 2013 #9
geek tragedy Jan 2013 #10

Response to jerseyjack (Original post)

Wed Jan 2, 2013, 02:25 PM

1. I think we should have held to $ 200,000 and $ 400,000 with the estate tax at $ 3.5 million @ 35%

with a good "promise" between Biden and McConnell about serious spending cuts.

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Response to Filibuster Harry (Reply #1)

Wed Jan 2, 2013, 02:56 PM

4. I didn't do the math

but I was more worried that the tax rate for the top 2 percent would be compromised down to 35 or 36 instead of the Clinton era rate of 39.6.

Off the top of my head it seemed like the higher rate would generate more than making the cutoff $250,000 but at the lower rate. I could very well have this completely wrong .

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Response to jerseyjack (Original post)

Wed Jan 2, 2013, 02:37 PM

2. It was a GREAT RESULT. Perfect? No. But nothing is.

That said, President Obama ate the Republicans' lunch, permanently gave tax cuts to 98% of people and 97% of small businesses fairly, and removed the 1969 AMT that would have hit me with a $3700 tax bill by this tax season (now it's gone and it went into effect December 2011!), extended U.E. benefits for another year for those who really need it - and all without a single dollar in spending cuts for the Repubs.

I'd say this was a GREAT deal.

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Response to BlueCaliDem (Reply #2)

Wed Jan 2, 2013, 02:46 PM

3. I agree

I would also add to anybody upset about the deal not sticking to the $250K threshold: NOTHING short of a constitutional amendment is "permanent" (and constitutional amendments aren't technically permanent either though they are, of course, difficult to repeal once enacted), so once we get another Democratic-controlled Congress (and, hopefully, keep the WH), we can still lower the threshold for taxes.

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Response to jerseyjack (Original post)

Wed Jan 2, 2013, 03:31 PM

5. Personally, I was to the point of wanting to go over the cliff.

In the long run, it might have been better for the country. I voted 30%, but the 'fiscal cliff' included more than just tax cuts, unemployment extension, etc. In my ideal world, the estate tax would have been reinstated completely as it was prior to Bush, the capital gains dividend tax reinstated as it was prior to Bush, the top tax rate reinstated above $250K. Personally, I would also have added revenue by making corporations pay what they really owe, revoking special corporate tax breaks, slashing military spending and withdrawing troops worldwide etc. Maybe that's beyond the scope of the question though.

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Response to denverbill (Reply #5)

Wed Jan 2, 2013, 03:40 PM

6. I too was in favor of going over the cliff as well

but this is a good deal.

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Response to denverbill (Reply #5)

Wed Jan 2, 2013, 03:46 PM

7. Yes please.

I like your bill the best.

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Response to jerseyjack (Original post)

Wed Jan 2, 2013, 04:37 PM

8. The Reeps were forced to raise taxes

That makes the deal pretty sweet. I recommend today's Rude Pundit for more.

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Response to jerseyjack (Original post)

Wed Jan 2, 2013, 05:38 PM

9. AMT wiped out. Payroll taxes restored.

We got Republicans to raise income taxes for the first time in 2 decades. This was a great deal.

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Response to jerseyjack (Original post)

Wed Jan 2, 2013, 05:41 PM

10. It's okay I guess, but we'll really see in three months. nt

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