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In reply to the discussion: Obama Is Flexible On Highest Tax Rates [View all]JDPriestly
(57,936 posts)optimism at this point.
Maybe I just woke up on the wrong side of the bed, but I don't see any rainbows above our tax policy debate.
We just don't have the votes in the House. We are going to have two more years of stalemate unless we stick it out and the Senate backs letting all the tax rates rise. That's my view.
What specific facts make you more optimistic. What makes you think we can reach agreement on the capital gains tax changes. Isn't it most likely that Congress will give relief on the capital gains taxes and justify that as necessary to encourage investment? Isn't that what they always do?
In my opinion the Republicans in the House represent the rich, not the rest of us. They don't care about the deficit at all really. They just want the low tax rates for their rich buddies.