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So i guess this means Bush's Tax Cut extensions for the Rich is Likely to Happen :(

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denimgirly Donating Member (929 posts) Send PM | Profile | Ignore Wed Nov-03-10 02:47 AM
Original message
So i guess this means Bush's Tax Cut extensions for the Rich is Likely to Happen :(
My guess is this extension bill will pass the House easily and through minimal pressure make it through the Senate and then because Obama has clearly indicated he will not veto a bill that extends Tax Cuts fort he rich if it also extends to the middle-class as well, he will not hesitate to sign it into law...and pretty much sealing America's debt fate.

Obviously repubs just want tax cuts for the rich ONLY but, even though it will have no problems passing in the Senate Obama will very likely veto it (at least i hope he is strong enough to)...so my guess is repubs will just get what they want by giving a little to the peasants so that Obama will sign it.

I personally hate these tax cuts and want to see ALL of it expire but all indications seem to indicate these tax cuts will be extended for 1-2 years...enough time to make it to the next election where Republicans will have a chance to make them permanent for the super rich.

Here is hoping Obama becomes strong and vetos the damn thing -- no matter what is in it. These tax cuts must go!

Capitulation is one of the main reasons we are in this mess so i am hoping the WH shifts course and realizes they have nothing to lose by finally fighting for their base...at least they can go out with respect.

Stay strong Mr. President! Here is hoping for a WH shift towards being real fighers for the final 2 years!


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thunder rising Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-03-10 02:50 AM
Response to Original message
1. If the Senate starts out by making extending or worse making permanent those tax cuts...
say good-bye to 2012 as well.
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-03-10 03:57 AM
Response to Original message
2. I think Obama wants to preserve every one of the Bush tax cuts.
He just needs to make it look like he's kinda putting up a fight. Watch what he does.
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BootinUp Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-03-10 04:00 AM
Response to Reply #2
3. Its going to be up the repukes on this one
The best deal they are going to get offered is the decoupling of the middle class taxes from the taxes on the wealthy.
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FBaggins Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-03-10 04:06 AM
Response to Original message
4. Depends on whether we can use the lame-duck session as leverage. n/t
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Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-03-10 04:08 AM
Response to Original message
5. weren't they always going to happen?
please
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-03-10 04:09 AM
Response to Original message
6. Have to help the rich get richer!
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