Reply #45: We know it will probably fail? Tax cuts part of the Jobs Plan that won't fail include:

[sad sally]

Bush/Obama Income Tax Cuts, Obama Payroll Tax Cuts (which benefit twice as much as those making above the SS cap), Corporate Tax Cuts (lowering it to 25% and 5% for a repatriation tax holiday to allow multinational corporations to bring profits held overseas back to the US), Obama Payroll Tax Cuts for Employers (3.1% businesses would pay on the first $5 million of their payroll, the full 6.2 percent employer contribution would be waived on the first $50 million net increase in a company’s payroll). These are all tax cuts Republicans will be glad to support the President on.

Now, the $487 billion in tax revenues part of the Jobs Plan will be seen by the Republicans as political grandstanding, campaigning, class warfare - you name it - and won't be supported by them.

$400 billion by limiting itemized deductions, including the one for charitable giving, for individuals earning more than $200,000 a year ($250,000 for couples).
$40 billion by eliminating tax breaks for oil-and-gas companies.
$18 billion by taxing “carried interest” income (common among hedge fund managers) as regular income as opposed to capital gains, which are taxed at a much lower rate.
$3 billion by adjusting the depreciation rate on corporate jets.

Where does that leave the grand compromise? Tax cuts - okay; tax revenues - not okay. Same old, same old, and please explain, just how does this create jobs?