Pulsar is right and you guys forget very quickly. It's that poor chess player thing where you can't see past the first move again.
Neither Dems nor Repubs would want this to pass. They are both beholden to the same masters.
Obama can only do this now because :
1 - He's a lame duck, his political apex is over and he has nothing to lose
2 - Neither the GOP nor the Dems want this to pass; the lobbyists in Washington will ensure that, but the GOP will get the blame because they 'control' congress.
I'm also not at all convinced that this isn't another Obama "stupid american" move a la ACA / Grubergate.
After all, you DIDN'T get to keep your plan if you liked your plan. The man is an bald faced liar and anything he puts down needs to be scrutinized.
Remember this, after the Obama tax hikes on the 'rich' :
http://forums.anandtech.com/showpost.php?p=35990392&postcount=109
"An hour of research about who "earmarked" this or that would make you a much more educated person. Democrats and Republicans do the same exact thing, to slightly different constituents.
Some examples :
Joe : Payroll tax up to 35%
Rich guy : Capital gains tax for assets held more than a year : 15%
Assets passed to your heir (inheritance):
Joe : Estate Tax Up to 40% (the average American has most of their wealth tied up in their house)
Rich guy : Inheritance of stock and financial assets : Step-up, ie you only get taxed on what they gain in value *AFTER* you inherited it. So you get $100mil in stock from your folks, and it does not go up in value, you pay no tax.
Carried interest :
Joe : You can be taxed up to 35% on interest earned in your savings account.
Rich guy : Hedge Fund Managers get a percentage of the net gains as a management fee. This payment is known as carried interest. It is taxed at 15%.
Some other examples include tax breaks for buying a Yacht or a private Jet.
And if you think it's all Republican, then you are just another of the mindless masses that the Democrats have fooled. Both parties do exactly the same thing. And Ironically, it was under Regan and Tip ONeil that the last rollback of "corporate welfare" occurred.
Right after Obama and the Democrats nixed the Social Security tax rollback, we get this :
http://www.bostonglobe.com/news/poli...5YK/story.html
"The Senate approved tax benefits for Whirlpool and a host of other corporations early on New Year’s Day, a couple of hours after the ball dropped over Times Square and champagne corks began popping. A smorgasbord of 43 business and energy tax breaks, collectively worth $67 billion this year, was packed into the emergency tax legislation that avoided the so-called “fiscal cliff.’’
Whirlpool officials said the tax breaks help the company retain jobs, but in recent years, it has closed refrigerator manufacturing plants in Indiana (above) and Arkansas.
In the days that followed, the tax handouts for business were barely mentioned as President Obama and members of Congress hailed the broader effects of the dramatic legislation, which prevented income tax increases on the middle class and raised top marginal tax rates for the wealthy.
...
Congress reduced the number of tax breaks in 1986 as part of the broader reform package. The breaks steadily crept back, particularly in the last decade, as lawmakers heeded requests from advocacy groups and business lobbyists to lower taxes as a way of subsidizing particular industries."
As I already pointed out - the wealthy arent much affected by that increase in the payroll tax.
What this really comes down to is that the masses of people are just stone cold stupid, and both Dems and Repubs take advantage of that every single year.
__________________"
Facebook
Twitter