Boehner [doesn't] fold on taxes

HamburgerBoy

Lifer
Apr 12, 2004
27,111
318
126
Boehner tells reporters a day after the president's clear re-election victory that those conditions include a revamped tax code to make it cleaner and fairer, fewer loopholes and lower rates for all.

lol, that's what they all say. Isn't it amazing that the system is so inefficient that we just need to pull a few levers, cut some tax code, and close a few loopholes and we'll be able to cut taxes for everyone while simulaneously reducing the deficit? Amazing that our leaders have such an easy solution yet they chose to do nothing.
 

Farang

Lifer
Jul 7, 2003
10,913
3
0
lol, that's what they all say. Isn't it amazing that the system is so inefficient that we just need to pull a few levers, cut some tax code, and close a few loopholes and we'll be able to cut taxes for everyone while simulaneously reducing the deficit? Amazing that our leaders have such an easy solution yet they chose to do nothing.

I think it is big news because what has limited a deal is the Norquist pledge.. basically Republicans sticking fingers in their ears when the issue of revenue comes up. If it can be discussed, that is progress
 

ivwshane

Lifer
May 15, 2000
32,532
15,413
136
Revamped tax code doesn't necessarily mean raised taxes. The guy, like Romney, like most of the GOP leadership, are snakes and choose their words very carefully.
 

Thump553

Lifer
Jun 2, 2000
12,757
2,533
126
Even when Congress was staffed by reasonable humans income tax code reform was a form of WWI trench warfare that lasted multiple years. Every single Congressman will have literally dozens of corporations, unions, trade associations or some other special interest groups fighting tooth and nail for every single exemption and tax break. It is more than fulltime employment for lobbyists.

When we can't get agreement on simple matters like the Dream Act, the transportation bill, resolving the sequestration problem, fixing the Bush tax cuts, it is Pollyannish to think Congress will ever reform the tax code. Nah, it would be a total waste of time resulting in frustration for all.
 

chucky2

Lifer
Dec 9, 1999
10,016
36
86
I haven't read the link, but does this mean they're going to get the Fed alone from spending $3T a year back to $2T? Or, in other words, get the crack whore from using 3 gr. a day back to 2 gr. a day?

Just wondering, as giving crack whores more money in the hopes they'll reduce their habit is....incredibly F'ing stupid.
 

Kadarin

Lifer
Nov 23, 2001
44,296
15
81
After an election, both sides will talk about bipartisanship and inclusiveness, but what really matters is what they actually do. We'll see, but I don't have much hope.
 

dank69

Lifer
Oct 6, 2009
36,112
30,500
136
Revamped tax code doesn't necessarily mean raised taxes. The guy, like Romney, like most of the GOP leadership, are snakes and choose their words very carefully.
Lol, this. The guy is peddling the same bullshit that lost Romney the election. We can raise taxes by lowering them for everyone!
 

Genx87

Lifer
Apr 8, 2002
41,091
513
126
Have less than 2 months to find out if they plan to play nice or let the auto cuts kick in.
 

Genx87

Lifer
Apr 8, 2002
41,091
513
126
Lol, this. The guy is peddling the same bullshit that lost Romney the election. We can raise taxes by lowering them for everyone!

Like lowering spending by raising it? Govt speak is just a more graceful form of bullshit.
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
Have less than 2 months to find out if they plan to play nice or let the auto cuts kick in.

That's all they have to do. Let the tax increases and spending cuts kick in. Then, they can jump in (together), cut the taxes for everyone below $250,000 and problem solved. Repubs can say that they didn't vote to raise taxes and actually cut them (back to current levels). The dems can say that they got their revenue increases.

As for spending cuts, I see the GOP crying more about military than most anything else. As for the dems, not sure what they are crying about....have seen a few smirks basically saying "You cut spending and it cuts jobs? Who would have thought".

I say dive off the cliff and hope you either have a parachute or don't hit the water too damn hard (assuming that there are no rocks at the bottom of the cliff).
 

techs

Lifer
Sep 26, 2000
28,559
4
0
a revamped tax code to make it cleaner and fairer, fewer loopholes and lower rates for all

Complete b.s. Basically he is saying he will only agree to lowering of the tax rates for everyone. The idea that they will cut a loophole and raise more money is just typical Republican b.s.

Its typical Republican arrogance that they now want to agree to the tax plan put forth by thier own parties candidate who just got trounced in the election

You can screw around with a loophole and open ten for everyone you cut. The only way to be sure to actually get more revenue is to raise the tax rate.
 
Feb 19, 2001
20,155
23
81
a revamped tax code to make it cleaner and fairer, fewer loopholes and lower rates for all

Complete b.s. Basically he is saying he will only agree to lowering of the tax rates for everyone. The idea that they will cut a loophole and raise more money is just typical Republican b.s.

Its typical Republican arrogance that they now want to agree to the tax plan put forth by thier own parties candidate who just got trounced in the election

You can screw around with a loophole and open ten for everyone you cut. The only way to be sure to actually get more revenue is to raise the tax rate.

cutting loopholes does increase revenue. i know politicians are dirty and open new loopholes all the time, but if you're ACTUALLY closing loopholes of course you're going to increase revenue.

all this talk about raising tax rates is because there are loopholes left and right. 47% of people don't pay income taxes for a reason...
 

dank69

Lifer
Oct 6, 2009
36,112
30,500
136
cutting loopholes does increase revenue. i know politicians are dirty and open new loopholes all the time, but if you're ACTUALLY closing loopholes of course you're going to increase revenue.

all this talk about raising tax rates is because there are loopholes left and right. 47% of people don't pay income taxes for a reason...
What reason is that?
 

Farang

Lifer
Jul 7, 2003
10,913
3
0
Actually I'm an idiot and Boehner fooled me.. this is exactly what he wanted people to think reading the headline
 

techs

Lifer
Sep 26, 2000
28,559
4
0
Actually I'm an idiot and Boehner fooled me.. this is exactly what he wanted people to think reading the headline

Yeah, when I first read it I thought he was making a concession. As I was typing my reply it suddenly hit me he was actually saying he would support Romneys plan.
 

ivwshane

Lifer
May 15, 2000
32,532
15,413
136
Actually I'm an idiot and Boehner fooled me.. this is exactly what he wanted people to think reading the headline

Was that sarcasm or are you starting to read between the lines of what he said?
 

sixone

Lifer
May 3, 2004
25,030
4
61
So the President can arbitrarily decide which immigration laws won't be enforced, and which drug laws won't be enforced, but he can't decide which tax rates won't be enforced?

Horsefeathers.
 

Wreckem

Diamond Member
Sep 23, 2006
9,461
996
126
Simpson Bowles had lowered marginal tax rates. Would that be ok?

Your are trying to mislead or are just intellectually dishonest.

Simpson Bowles pegged the top tax rate at 28%, but also set for capital gains and dividends at 28%.

The republicans would be stupid to take a 28% across the board top marginal rate including capital gains and dividends. A 4% increase of marginal tax rates on 1.5% of the populace, is a hell of a lot small tax hike than a 13% increase of capital gains/dividends.

The republicans have every thing to lose here. The majority of those voted yesterday support tax increases on those making $250k. The republicans will be blamed for the massive tax increases to everyone, for the protection of 1.5% of the population.

A compromise can be made so long as the Republicans drop the asinine tax pledge.
 
Last edited:

Wreckem

Diamond Member
Sep 23, 2006
9,461
996
126
So the President can arbitrarily decide which immigration laws won't be enforced, and which drug laws won't be enforced, but he can't decide which tax rates won't be enforced?

Horsefeathers.

When you have finite resources you have to pick and choose what to enforce. SCOTUS has been pretty clear in giving PotUS the power to make priorities in executive duties. So no he cant change the tax rates but he can prioritize collections/prosecutions of dead beat tax payers/irs tax cheats.
 

sixone

Lifer
May 3, 2004
25,030
4
61
When you have finite resources you have to pick and choose what to enforce. SCOTUS has been pretty clear in giving PotUS the power to make priorities in executive duties. So no he cant change the tax rates but he can prioritize collections/prosecutions of dead beat tax payers/irs tax cheats.

Then why hasn't he done so? Since he's all about the middle class, right?
 
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