General Discussion

hfojvt

(37,573 posts)

10. because if there is no deal - taxes aleady go up to 39.6%

Mon Dec 31, 2012, 01:56 PM

Dec 2012

and they go up for income below $450,000 too.

The AMT patch - benefits the rich.

The tax cut on dividends - benefits the rich.

The limit of $250,000 - benefits the rich and raising it benefits them even more.

http://www.democraticunderground.com/?com=view_post&forum=1002&pid=2097092

http://www.democraticunderground.com/10022062010

http://www.democraticunderground.com/10021880321

If you really want to know.

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Senator Tom Harkin: No Deal Is Better Than The Deal Being Negotiated [View all] Report1212 Dec 2012 OP

CSPAN replaying Harkins floor statement now. 12:42p eom Purveyor Dec 2012 #1

Tell that to the unemployed... nt kelliekat44 Jan 2013 #60

I am not seeing the reason to be outrage. No cuts to SS or Medicare and some tax increases on rich stevenleser Dec 2012 #2

It's a tax cut for the rich Report1212 Dec 2012 #3

What the OP says is contradictory on that point. It says taxes on the rich are being raised to 39.6% stevenleser Dec 2012 #5

When did $400,000 a year become "middle class"? Comrade Grumpy Dec 2012 #9

It hasnt. It is a negotiated point. nt stevenleser Dec 2012 #12

it is an abject surrender, is what it is. hfojvt Dec 2012 #15

No, chain CPI would have been an abject surrender. No tax increases on the wealthy would have been stevenleser Dec 2012 #18

It's a surrender versus waiting 10 hours nt Report1212 Dec 2012 #22

Exactly. Owl Dec 2012 #25

Cuts to medicare are on the table JimDandy Dec 2012 #24

well, i call taking $2.5 trillion in automatic tax increases on the rich hfojvt Dec 2012 #26

Another fine "deal" by our entirely bought-and-paid-for American government. Chan790 Dec 2012 #42

So you want taxes to go up for the top 40% ? Sekhmets Daughter Dec 2012 #32

why not? hfojvt Dec 2012 #34

Just asking... Sekhmets Daughter Dec 2012 #44

How many hours do we work a week. JDPriestly Dec 2012 #20

"almost too low" hfojvt Dec 2012 #29

OK, so I barely earned a (on edit, small) fraction of it (in my best years), but . . . . JDPriestly Dec 2012 #55

US Government says the median income in NYC metro area is 80,000 Bluenorthwest Jan 2013 #59

Most people that I know Aerows Dec 2012 #48

True, but it is a good number to work with. JDPriestly Dec 2012 #54

because if there is no deal - taxes aleady go up to 39.6% hfojvt Dec 2012 #10

See hj's point Report1212 Dec 2012 #11

You just don't get it ... 1StrongBlackMan Dec 2012 #56

huge tax cuts for the rich do not bother you? hfojvt Dec 2012 #4

See my #5 nt stevenleser Dec 2012 #6

How about permanent tax cuts for the wealthy and lies from Obama? bowens43 Dec 2012 #30

okay, but is he going to use his power to block the deal? hfojvt Dec 2012 #7

I agree with you.. bama_blue_dot Dec 2012 #16

actually I wonder if his little speech isn't part of the Kabuki hfojvt Dec 2012 #21

Just read the AP story on the deal being worked out... bobclark86 Dec 2012 #8

unfortunately hfojvt Dec 2012 #13

+ 1000 JEB Dec 2012 #17

My sentiments also. Owl Dec 2012 #27

How right you are. JDPriestly Dec 2012 #23

Yep, and you better vote in 2014! Otherwise it's all your fault! Doctor_J Dec 2012 #41

I Agree Billsmile Dec 2012 #49

Yep malz Dec 2012 #14

Yep. Screw the unemployed. NYC Liberal Dec 2012 #19

Obama is screwing us all..... bowens43 Dec 2012 #31

but we NEED to pass these tax cuts for the rich to help the unemployed hfojvt Dec 2012 #39

So a congress with Elizabeth Warren Report1212 Dec 2012 #35

Sure, let the unemployed starve for a month. NYC Liberal Dec 2012 #38

Sources are saying that an extension of unemployment benefits will be a part of this deal. totodeinhere Dec 2012 #51

Senator Tom Harkin is right: No Deal Is Better Than The Deal Being Negotiated Owl Dec 2012 #28

If Obama is stupid enough to think Americans will forgive him for iemitsu Dec 2012 #33

What are we gonna do, vote against him? CranialRectaLoopback Dec 2012 #47

Why does Harkin have to read about it in the paper? Doctor_J Dec 2012 #36

He had to read it in the paper Report1212 Dec 2012 #37

Does anyone know if the president has even met with the progressive caucus about this? Doctor_J Dec 2012 #40

His fist met with our gut. CranialRectaLoopback Dec 2012 #46

we need to start over and have the American people start calling the shots No Compromise Dec 2012 #43

Senator Harkin can stop the deal CranialRectaLoopback Dec 2012 #45

I think it more likely that a Republican such as Rand Paul or Mike Lee might stop it. totodeinhere Dec 2012 #52

Here is what irks me about this kind of deal. airplaneman Dec 2012 #50

let me see daybranch Dec 2012 #53

That's why politicians invented back rooms and "closed door" meetings. Tierra_y_Libertad Dec 2012 #57

WOOOOOOOOOO!!!! Skittles Jan 2013 #58