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Response to WilliamPitt (Original post)

Fri Mar 8, 2013, 07:55 PM

109. Democrats are f*cked in 2014, imo, if the President's grand bargain with Republicans

includes reducing social security and/or Medicare benefits, for Republicans would likely rule the day in 2014. Reductions in these benefits would be particularly loathsome in view of the recently enacted tax cuts for those earning $250,000 to $450,000, all the while still taxing up to 85% of social security benefits, the ludicrous treatment of carried interest as if these were capital gains, the continued favorable tax treatment of dividends and capital gains which mostly go to the wealthy, and loopholes which permit large, highly profitable corporations to pay little or no Federal income taxes, sometimes for years.

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LineNew Reply Democrats are f*cked in 2014, imo, if the President's grand bargain with Republicans
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