Republicans $300 Billion Tax Increase Proposal Rejected By Dems
It’s Tax Increases They Want - Not Tax Reform
By Dell Hill
the TV re-election campaign ads already “in the can”, it has become
more than obvious that President Barack Obama and the entire slate of
Democrats running for election or re-election next year plan on
portraying their Republican opponents as an “obstructionist, do-nothing”
congress. Any successful Republican effort to reach a compromise on
tax and deficit spending would throw a huge monkey-wrench into that plan
it was no great surprise when Massachusetts Senator John Kerry
announced that the Republican proposal to approve up to $300 billion in
tax increases over the next ten years was being rejected out of hand.
“Congressional Republicans have for the first time retreated from their hard-line stance against new taxes,
offering to raise federal tax collections by nearly $300 billion over
the next decade as part of a plan to tame the national debt.
Democrats rejected the offer Tuesday — along with the notion that
Republicans had made a significant concession that could end the long-standing political impasse — leaving a special debt-reduction committee far from compromise with less than two weeks until its Thanksgiving deadline. …
anxious to promote a certain concept with all of you,” Sen. John F.
Kerry (D-Mass.), one of the negotiators, told reporters. “I’ll be very
clear that whatever they put there doesn’t get the job done.”
Minority Leader Mitch McConnell (R-Ky.) fired back that Republicans are
“working diligently to get a solution” and accused Democrats of trying
to block a deal. McConnell said he suspected that “the folks down at the
White House are pulling for failure because, you see, if the joint
committee succeeds, it steps on the story line that they’ve been
peddling, which is that you can’t do anything with the Republicans in
the Dems are showing their hand on what they tout is a drastic need for
tax reform because this would certainly open the door for serious
dialogue to begin on that issue. They’re after tax increases, and you
don’t need a Juris Doctorate to figure that out. And, they need this
special commission to fail in order for their entire 2012 political
campaign theme to avoid the embarrassment of total ridicule.
Their ploy is fooling no one.