It is painfully clear to me that the Boehner-led republicans lack the cojones to go head to head with even a wimp like Obama. They are desperate to get Obama to say yes to something just to make the pain stop.
Boehner's offer to cut unspecificed deuctions didn't get past the laugh test with obama. Obama says he won't compromise on raising taxes on the upper brackets, so let's one up him. Instead of going to the old Clinton rates of 39% on incomes above $250k, which catches a lot of two earner middle income people and small businessmen, let's go after the ones who created the problem, the true super rich. Let's propose a new super bracket on incomes above say $500,00 or may be 750,000, and make it high, say 45%. You'd have to play with it to get equivalent dollars as Obama's proposal would get.
Now we are hitting people whom even most republicans resent, eg law firm dweebs, investment bankers and corporate execs. Also, the entertainment and music elites. And let's be willing to trade that low dividend rate too. It was a bad idea and only helped PE firms and trust fund types. Just please get something in return, such as a freeze on domestic spending.
Boehner's offer to cut unspecificed deuctions didn't get past the laugh test with obama. Obama says he won't compromise on raising taxes on the upper brackets, so let's one up him. Instead of going to the old Clinton rates of 39% on incomes above $250k, which catches a lot of two earner middle income people and small businessmen, let's go after the ones who created the problem, the true super rich. Let's propose a new super bracket on incomes above say $500,00 or may be 750,000, and make it high, say 45%. You'd have to play with it to get equivalent dollars as Obama's proposal would get.
Now we are hitting people whom even most republicans resent, eg law firm dweebs, investment bankers and corporate execs. Also, the entertainment and music elites. And let's be willing to trade that low dividend rate too. It was a bad idea and only helped PE firms and trust fund types. Just please get something in return, such as a freeze on domestic spending.