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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (144079)	9/13/2010 10:59:31 AM
From: Dale Baker	Read Replies (1) \| Respond to of 541768

Edit - someone making $500K only pays $16K per year more if the tax cuts expire.

To: Dale Baker who wrote (144079)	9/13/2010 11:05:55 AM
From: Mary Cluney	Read Replies (1) \| Respond to of 541768

<<<CNBC reports that if the tax cuts for the rich do expire, someone making $250K pays an extra $7K per year, $500K pays $30K and $1 million pays $30K more.>>> I doubt Joe Kernan will even have to consider cutting down vacations at Pebble Beech but he spins the financial new as if his existence is at stake if they lower his take home a piddling amount. What a sad and greedy example.

To: Dale Baker who wrote (144079)	9/13/2010 11:06:27 AM
From: ChinuSFO	Respond to of 541768

Yes he did. But unfortunately, some Democrats who are more concerned about their re election prospects are now the barrier. It behooves the Democrats well, if these folks either do not get re elected or they become minority party in Congress so that they experience what it is lose power with their bickering at the expense of the folks who elected them. Looks to me that Boehner is already signaling what he will do if his party is given the power. ======================================= Will Boehner's 'Blink' Make A Difference on Tax Cuts? Not Before Lame-Duck Robert Gibbs looked like the cat that swallowed the canary on "GMA" this morning when I asked him to respond to Rep. John Boehner’s statement that he would vote for an extension of the middle class tax cuts –not the cuts for the wealthy -- if it is his "only option." “The president outlined that we shouldn’t hold middle class tax cuts hostage…and we certainly hope that what John Boehner said was a willingness to accept that as a big win for middle class families,” Gibbs told me. But the White House has problems of its own in the Senate. Senators Bayh, Nelson, Lieberman, Conrad and Bennett have all signaled they could support a temporary extension of tax cuts for the wealthy. ...contd blogs.abcnews.com