Bipartisanship? Top Senate Democrats defect, join unified GOP And Stop Obama Tax Hikes: "
RWB News: This is not what you will be hearing from the Liberal Media and Talking heads,mark my word, but key democrats like Senators Russ Feingold of Wisconsin, Joe Manchin III of West Virginia, Ben Nelson of Nebraska, and Jim Webb of Virginia — as well as by Senator Joseph I. Lieberman, independent of Connecticut joined with Republicans and defeated the bid for “Class Warfare”. Only this group of Liberal Democrats believe this is a good time to raise taxes on anyone including the people that create jobs. “Lets steal more money that doesn’t belong to us from people that do the hiring when times are tough and wonder why Unemployment keeps going up for another 2 years”….sounds like another Democrat economic fix.
Liberals think all Americans are like them and forgot the concept for running a business. Businesses want to hire more people….this means their products are in high demand therefor resulting in a “Profit”. “Profit” is the only reason and what keeps a business open for those people that didn’t know. If a business can’t stay “Profitable” they shut their doors which means everyone is out of a job and join the unemployed. Remember these important concepts: Want to Hire because Hire = profits/ Not Hiring=Can’t afford it-Bad Business decision…everyone gets screwed. Who really believes Businesses would not pass these increases on to the consumer(us)?
Of Course the headline from the AP is : ”GOP block Democratic tax plans on upper-incomes”
The AP reported:
Senate Republicans blocked legislation Saturday to let upper-income tax cuts expire on Jan. 1, a showdown scripted by Democrats eager to showcase GOP lawmakers as defenders of millionaires.
“Do we want to extend those tax breaks for millionaires and billionaires at a time of huge deficits. I would argue vociferously we shouldn’t,” said Sen. Chuck Schumer, D-N.Y., shortly before the votes.
Republicans countered that no taxes should be raised at a time the economy is recovering from a recession. “It is the most astounding theory I have ever seen, raise taxes to create jobs,” said Sen. John Thune of South Dakota.
Both measures would have extended expiring cuts for the middle class.
Ironically, the votes were widely seen as a prelude to a possible agreement next week between the White House and congressional leaders on legislation that would avert tax increases at all income levels, as Republicans want.
Any agreement is also expected to extend jobless benefits for the long-term unemployed, a Democratic priority, and possibly renew tax breaks the White House wants for college students, companies that hire the unemployed and lower- and middle-class wage earners.
The Senate took the two votes on bills that would have permitted tax cuts to remain in effect at most incomes.
A proposal to let tax rates rise on Jan. 1 on incomes over $200,000 for individuals and $250,000 for couples fell on a vote of 53-36, seven short of the 60 needed to advance.
An alternative advanced by Schumer and others—but opposed by the White House—would have let rates rise on incomes over $1 million. The vote was 53-37, also seven short of the 60 needed.
swenbwr
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