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Tuesday, December 14, 2010

WHY NOT JUST LET THE BUSH TAX CUTS DIE…FOR NOW.


Ya know, the more I think about it, the more I think that the GOP members should very happily join in with their Democrat colleagues in the House in what would truly be a stellar example of bipartisanship, and kill this so-called pork laden tax compromise recently passed in the Senate. A Senate I think, whose Republican members have already forgotten this November's election was about and the statement overwhelmingly made by the American people. And if sufficient GOP House members truly do get it and suddenly find the requisite backbone to demonstrate that it was they who "won" in November, then the Republicans should kill this thing and begin to make the necessary plans to come back in January and work on what would be some true tax cuts. Those who support this deal argue that it is too great of a gamble to assume that a better deal could be achieved next January when the number of Republicans in Congress will increase and when the Republicans will have a substantial majority over in the House. They go on to say that the deal is reasonable and we can hope for no better on the death tax increase. But that argument defies any and all logic. For some reason, I think that they are afraid to fight for something that would be truly substantive and are doing nothing more than choosing to settle for what they claim is the best they could ever hope for in the present political environment. I think that they fail to recognize the fact that now is the time for some bold action, action that will set the agenda for the next two years at least. It is not a time for the faint of heart. Republicans have two very short years to prove themselves worthy of their being permitted to maintain, or to expand, their numbers in Congress. They need to take advantage of every opportunity they are handed. For example, Rep. Darrell Issa, the future chair of the House Oversight and Government Reform committee, said that the tax bill that passed a key procedural hurdle Monday is "an incomplete effort that fails to create a permanent tax structure giving businesses the kind of long-term predictability needed to support investment, economic growth and job creation." Then I would like to ask Rep. Issa, a Republican, why is it worth being supported by any Republican?



Supporters of this wonderful little tax deal/compromise, at least as it presently exists, claim that increasing the death tax from zero to 35% is in reality actually a tax cut because otherwise the death tax will automatically go up to 55%. That's nothing more than simplistic drivel meant to convince the masses that it's a good deal while making absolutely no sense whatsoever. Because at the same time they are arguing that keeping income tax rates frozen is somehow a tax cut because otherwise those rates will go up next year. Let's be very, very clear here, there are NO real tax cuts even being discussed here, by anyone. What this whole scenario is all about is nothing more than the "maintaining" of tax rates as they currently exist, and have existed since they were first enacted. What is so hard for even many of those on our side of the political aisle to grasp about that fact? In effect, what we are arguing about here is the keeping of income tax rates the same in 2011 as they are right now. And let’s also be crystal clear about one other thing, that being the fact that Congress can retroactively fix this mess if the present deal/compromise fails, as it should, if members of Congress were to be so inclined. I have become one of those now willing to take the gamble that any deal we can get next year would be far better than any deal we get now. There was something said recently that struck as being more than just a little funny. It was when I recently heard some liberal talking head who was describing any potnetial tax increases as being the Bush tax hikes. His rationale for doing so, he said, was because it was Bush who was the one who agreed to allow the tax cuts to expire January 1, 2011. It had to be re-explained to this dolt that his socialist Democrat compadres had no intention of signing on without there being and definite end date to the tax cuts. Liberal revisionist history, don't you just love it? These were the same tax cuts, by the way, that were instrumental in bringing about 52 consecutive months of job growth. Go figure.


No matter how hard I try, I just cannot bring myself to trust any of these Democrats, and even some Republicans, any further than I can throw them. It seems to me that the Democrats, including Barry, along with a goodly number of Republicans, are trying way too hard in their attempt to get this deal/compromise shoved through by claiming the need for great urgency in doing so. It's eerily reminiscent of the whole corrupt exercise used to literally shove healthcare "reform" through Congress. It makes me very uneasy when I see these guys so eager to pass anything that is even remotely responsible for keeping taxes from increasing. It's just not what they're about. And I'm also not too crazy about the fact they we'll be faced with discussing this very same issue again in two very short years during a very crucial election year. I would feel somewhat better about the whole deal if it was going to be for 3 years so that there would be less of a chance of it becoming nothing more than just one more idiotic campaign issue. Why not take the time to plan ahead just a little if we can save ourselves what we know is going to be a reoccurring issue? Its commonsense. Instead we even have the No. 2 Senate Democrat now saying that he believes because of the overwhelming margin by which the Senate advanced legislation maintaining Bush era tax cuts, the legislation will finally clear Congress, likely by Christmas. So it is that Assistant Democratic Leader Little "Dickie" Durbin, "Moron of Illinois" told CBS' "The Early Show" that the 83-15 tally by which the measure cleared a major procedural vote will help facilitate its passage in the House as well, where Democratic opposition is a bit more intense. Just between you an me I think all of the supposed uproar coming from the House Democrats is nothing more than a ruse. But hey, I could be wrong about that.


Little "Dickie" said "I think the House takes notice" of a lopsided Senate vote and predicted the bill would be "done by Christmas." Durbin also said he understands opposition to the bill from liberal Democrats, like himself, who continue to be outraged over substantial relief given to the wealthy in death tax provisions. He said, "In the spirit of the season, it does say 'God Bless Tiny Tim and Donald Trump.'" In the spirit of the season? What kind of cockamamie BS is that? Come on Little "Dickie," give me a break, you're gonna have to do better than that. I can't help but sense that there is something somewhat sinister going on here that's lingering just below the surface. Something that I just can't quite put my finger on. So I would just feel much better about things if this so-called deal/compromise were to now simply die on the vine. Barry has been busy pleading with Congress to clear the legislation after he worked out a compromise with Republicans, saying its badly needed to give a boost to middle class taxpayers and the economy. What’s that old saying? A leopard doesn't ever change it's spots? Something like that. The Democrats have delayed taking any kind of action on this for the last 4 years, never seeing it being all that important until now. I think that they always assumed that they could just simply let the tax cuts expire with little if any fanfare. No big deal. Now suddenly, they don't? I just think I smell a rat. Make that a bunch of rats.

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