[Wildcatk23]

Senate Republicans on Saturday voted against President Obama's plan to extend the Bush tax cuts to only the middle class in a pair of votes Democrats are seizing to paint the GOP as guardians of the rich.
The Senate voted 53-36 to extend all expiring tax cuts on individuals with incomes of less than $200,000 a year and married couples making less than $250,000 -- seven shy of the required 60 to advance.
The other proposal, which drew opposition from White House officials, would have renewed them for all tax filers with incomes of $1 million or less. That also failed in a 53-36 vote.
President Obama said he was "very disappointed" in the Senate's verdict.
"Those provisions should have passed," he said."It makes no sense to to hold tax cuts for the middle class hostage to permanent tax cuts for the wealthiest 2 percent of Americans especially when those high-income tax cuts would cost an additional $700 billion that we don't have and would add to our deficit."


Read more: http://www.foxnews.com/politics/2010/12/...z17CseP1m5

[Hoot Gibson]

Hopefully, Republicans will continue to stick together with a few like-minded Democrats and continue to say no to Obama's attempt to raise taxes. The unemployment rate has "unexpectedly" jumped to 9.8 percent and liberals are are still playing the class envy card.

Most people want to work for a living instead of collecting unemployment checks indefinitely as they watch Obama's war rage on against the people who create jobs.

[Stardust]

Hopefully, Republicans will continue to stick together with a few like-minded Democrats and continue to say no to Obama's attempt to raise taxes. The unemployment rate has "unexpectedly" jumped to 9.8 percent and liberals are are still playing the class envy card.

Most people want to work for a living instead of collecting unemployment checks indefinitely as they watch Obama's war rage on against the people who create jobs.

It's the democrat hatred of the rich that makes them blind to the fact that the rich create jobs with the tax breaks they earn. Every single poster on this website who has a job, is the recipient of the owner of that establishment receiving some type of tax break. Raise a corporations tax's to the equivalent of your salary, and that employer will cut out your job!

I'm a small business owner, I know!

[Hoot Gibson]

It's the democrat hatred of the rich that makes them blind to the fact that the rich create jobs with the tax breaks they earn. Every single poster on this website who has a job, is the recipient of the owner of that establishment receiving some type of tax break. Raise a corporations tax's to the equivalent of your salary, and that employer will cut out your job!

I'm a small business owner, I know!

:Thumbs: I am an employee and I know too! :biggrin:

I don't believe that corporations should be taxed period. Tax salaries and dividends produced by corporations but eliminate direct taxes on corporations and global companies would flood this country with new jobs.

[Wildcatk23]

So you think giving permanent tax breaks to the wealthiest americans while denying relief to Americans who need it and have lost their jobs through no fault of their own is the right thing to do?

[Hoot Gibson]

So you think giving permanent tax breaks to the wealthiest americans while denying relief to Americans who need it and have lost their jobs through no fault of their own is the right thing to do?

The right thing to do is to leave tax rates alone and allow the economy to recover without throwing another sucker punch at it.

Most of Obama's key economic advisors have acknowledged that the administration's policies to deal with the economy have failed by bailing on him. It is time for Obama to hire some people who understand capitalism because like it or not, our economy is based on capitalism not socialism.

Businesses are not going to hire new employees in large numbers until they are confident that Obama, Reid, and Pelosi are not going to plunge the economy into a second dip of the Bush-Obama Recession.

[Old School]

So you think giving permanent tax breaks to the wealthiest americans while denying relief to Americans who need it and have lost their jobs through no fault of their own is the right thing to do?

Which is more beneficial to everyone?
To have the wealthiest pay more in taxes or have them invest their money into job creation for the middle and lower classes. If the wealthiest are to pay more in taxes, it will hurt our already frail jobs market, causing more to seek government aid. IMO the tax cuts would create jobs and would be more beneficial to everyone involved.

[BIGREDDAWG]

This whole thing was just a charade by the Democrats to point a finger at Republicans saying they do not want to give tax cuts to anybody unless everybody gets them. It will backfire just as every other dem ploy has . . . I don't think, even after the election, they get it . . . slow learners . . . Hold the fort and stand your ground Senate . . . Corporations and small businesses are what create jobs but Obama thinks that we need to be beholden to the BIG Government daddy . . . hogwash.

[Stardust]

This whole thing was just a charade by the Democrats to point a finger at Republicans saying they do not want to give tax cuts to anybody unless everybody gets them. It will backfire just as every other dem ploy has . . . I don't think, even after the election, they get it . . . slow learners . . . Hold the fort and stand your ground Senate . . . Corporations and small businesses are what create jobs but Obama thinks that we need to be beholden to the BIG Government daddy . . . hogwash.

Amen:Thumbs:

[Hoot Gibson]

Amen:Thumbs:

I also agree, but how do you expect anybody to take you seriously? Since you changed your signature, I find myself wondering if your first name is Edmund every time I read one of your posts. :biggrin:

[Hoot Gibson]

Keeping the tax rates where they are will not cost the US government anything. What is bankrupting this nation is having liberal Democrats controlling Congress and the White House.

[Image: http://gatewaypundit.rightnetwork.com/wp...cit-10.jpg]

[Wildcatk23]

^ look how pretty those Clinton days were

[Bob Seger]

Looks like a deal has been made.

[Beetle01]

So why is it during our most prosperous times the tax rates on the wealthiest were at the highest they have ever been?

Its simple, if the taxes are higher, people are much much more likely to keep their money invested in their business and expand, than they are to take the money out for personal profit. That means more jobs. I dont see why anyone would not want to mimic the economic policies of our two most profitable and successful stretches in history. The policies were almost identical during the 90's and the 50's.