tag:blogger.com,1999:blog-2083200247132907218.post5043033190463030334..comments2024-03-23T08:51:09.577-08:00Comments on Progressive Alaska: Mark Begich Signs on With Bernie Sanders to Challenge Obama Tax Giveaway to BillionairesPhilip Mungerhttp://www.blogger.com/profile/14601488767955084836noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2083200247132907218.post-23545429307042530232010-12-11T19:59:26.102-09:002010-12-11T19:59:26.102-09:00How is a payroll tax cut something Democrats want?...How is a payroll tax cut something Democrats want? Only according to the White House. The rich get a $2000 tax cut from it, which they did not get from the Making Work Pay credit it is replacing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2083200247132907218.post-16330233527997115732010-12-10T22:42:05.965-09:002010-12-10T22:42:05.965-09:00The progressive wing cracks me up. This is the ta...The progressive wing cracks me up. This is the tally I got from the bill:<br /><br />STUFF DEMOCRATS WANT: $216 bn<br />Payroll Tax Cut ($120 bn)<br />13-month unemployment benefits extension ($56 bn)<br />Boost EITC, Child Tax Credit, & College Credit ($40 bn)<br /><br />STUFF REPUBLICANS WANT: $163 bn<br />Extend Tax Cuts for People >$250K ($75 bn)<br />Estate Tax Modification ($88 bn)<br /><br />STUFF EVERYONE WANTS (in theory): $385 bn<br />Extend tax cut for people <$250K<br /><br />Elections have consequences unless they turn out wrong I suppose. Even with this deal the left is getting most of what they want, and certainly more than they're throwing to the right. This is a realistic deal.<br /><br />I think it is hilarious how the far left is pillorying Obama, while Obama simultaneously is wrinkling his nose at the political necessity of moving to the middle. It doesn't look like he's going to successfully tack to the center like Bill Clinton did at this point, but the far left isn't happy with him either. The guy just can't win...<br /><br />Frankly, I wouldn't mind it too much if the whole deal is scuttled and taxes just go up for everyone. We're flooring the accelerator on the way to a fiscal crisis and cans can only be kicked down the road so long before the credit markets start upping rates.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2083200247132907218.post-55032137486602103232010-12-10T22:04:19.714-09:002010-12-10T22:04:19.714-09:00FINALLY, Mark does what's right. Or at least ...FINALLY, Mark does what's right. Or at least signs a strongly worded letter saying so. But then we know what strongly worded letters from Senators can accomplish. Just look at what the strongly worded letters from Senator Leahy about uconstitutional crimes by Bush and Cheney did!HarpboyAKnoreply@blogger.com