Page 8 - Tax Decrease News Today

Regards to not a great deal of specificity. >> thats right. and these hes got, they have to get concrete. offer/counteroffer and so on down the line. but its a political dance. see, the dilemma here and this is why we may well go into january is that it will be much easier for speaker boehner to have the taxes voted on then when his caucus is voting on theoretically a tax decrease because, of course, on january 1, all the taxes go back to the -- >> did you just say go off the cliff, did you just...

The two main things he campaigned on, even if theres no deal, which is an instant hike on the very rich and no touching of social security, medicare and medicaid. then the republicans just as e.j. points out would have to turn around and explain why they wouldnt then want to go along with a tax decrease for 98% of voters. right? so they would have to stand up against that and that is an impossible position. if they even know that obama would consider letting them go off the cliff, i think that m...

People on january 2nd, its recessionary, but he could get the two main things he campaigned on, even if theres no deal, which is an instant hike on the very rich and no touching of social security, medicare and medicaid. then the republicans just as e.j. points out would have to turn around and explain why they wouldnt then want to go along with a tax decrease for 98% of voters. right? so they would have to stand up against that and that is an impossible position. if they even know that obama wo...

Recessionary, but he could get the two main things he campaigned on, even if theres no deal, which is an instant hike on the very rich and no touching of social security, medicare and medicaid. then the republicans just as e.j. points out would have to turn around and explain why they wouldnt then want to go along with a tax decrease for 98% of voters. right? so they would have to stand up against that and that is an impossible position. if they even know that obama would consider letting them g...

I find it to an job killer. do not have this giant tax increase but this is an example of the president putting fairness over growth. >> we have heard someone from the administration admitting letting tax cuts expire is a tax increase to the petroleum. >>guest: that is a good point. they is denied this is a tax increase and biden is now the truth teller of this administration. it is something we have been saying for the last four years. when you let the taxes go up, that is a tax increase, that ...

Rates of the last nine years is not a tax decrease, they would believe its continuing the status quo. but $3 trillion of that number comes from continuing the bush tax cuts. president obama favors continuing 82% of the bush tax cuts himself. so president obama supports most of that number. the remaining $2 trillion is cobbled together from taking governor romneys proposals to reduce the corporate rate, which by the way, president obama wants to reduce the corporate rate too. and adding to it rhe...

Disappointments as well. and i can think of several cases where if we had a different no, maam me we would have picked -- likely picked up the seat in 10. this time i think our -- nominees or -- going to be uniformly electable. high quality. so i disagree with the analysis. i think that all of our candidates in 2012, given the field we have in those primaries, the likely nominee, are electable. especially in light of the challenges the democratic candidates have breaking with the president over ...

The dynamics of the speech he was giving. what he was talking about is those loopholes. lets close the loop hose, not raise taxes on millionaires and make them pay an effective rate 30% more if indeed they are millionaires or billion heirs. it was about lowering everybodys tax rate. look at ronald reagans history as president of the united states. he was lowering the tax rate in 1981, largest tax decrease in american history. he knew by lowering the tax rate not only on the investment taxes, cap...

Conference committee and making a serious effort to get that one near deal and the two year fix for the physician payments for medicare is very important. >>neil: we will watch closely. thank you very much. well the president today stepping up the p.r. war on house republicans on a lot of fronts appearing with folks who need the extra money to their paychecks that the tax cut provides but you will not find david in that group, a small business owner who thinks this whole tax hike is one big old ...

Obama or any democrat to win in in event. and the republicans are just, from their perspective, fouling things up fairly well. you have someone like romney talking about this invisible boot and talking about the need to get rid of regulations and that sort of thing. just emphasizing the fact that he is essentially for the 1%. to use the occupy terminology. and then you have the crazies in the tea party in the house, for example, who are thwarting at least until now this, the extension of the tax...