Page 14 - Tax Decrease News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Over the cliff, what you might think of as a bungee jump, is a lot better in the longer term both for the economy and for deficit reduction than crafting a deal at the very last minute that would be just some kind of an ugly frankenstein. now, the -- the worst part about going over the cliff is that a couple of million people actually lose their unemployment benefits, so i don't want to say that it's painless because it's not, but it -- it does -- there is a scenario by which you could reverse all of the -- most of the tax increases pretty quickly, and, remember, after december 31st midnight, ...

What the national polls say -- >> only their base is stupid. they think only their base is stupid is what you're saying? >> they're worried about a primary on the right -- >> why would -- >> i don't want a democrat coming at me -- >> i know all that. let's get to the bottom line. they are arguing in their minds that they're safer to vote to keep the country going next week sometime rather than this week because they believe that the people who think they're great on the hard right will be confused. >> i don't know they're betting they will be confused, but they're betting they will be after ja...

The hard world tea party? >> i think a lot of the republicans aren't worried about the general voter at large or what the national polls say -- >> only their base is stupid. they think only their base is stupid is what you're saying? >> they're worried about a primary on the right -- >> why would -- >> i don't want a democrat coming at me -- >> i know all that. let's get to the bottom line. they are arguing in their minds that they're safer to vote to keep the country going next week sometime rather than this week because they believe that the people who think they're great on the hard right w...

Better than that. our bill would protect 99.81% of the american people from an increase in taxes. it's permanent tax relief for individuals. a permanent tax on the alternative minimum tax. the marriage penalty, death tax relief, and a permanent extension of the higher tax credit and the capital gains and dividends rates we see today. all in all the nonpartisan joint committee on taxation says the bill represents a $3.9 trillion tax decrease. after today some senate democrats and the white house are going to have to act on this measure. two years ago 53 democrats voted for a bill like this one....

Understands that whether republicans go forward and pass tax decreases or they go over the cliff and all of the taxes go up and that makes it the case where republicans have to vote for some kind of tax decrease, he wins so it's a win/win for democrats, and they believe they just have to wait republicans out on this. they see the drip, drip, drip of other republican groups, bill kristol, "the weekly standard" other folks coming out saying it's not so bad to give 98% of folks a tax cut and live to fight another day but many republicans are against that. they won't move on this and can boehner b...