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subspaceseven -> he GOP learned nothing...... (11/9/2012 7:18:58 AM)
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They once again are back to the same BS tax plan that they lost the election on.....
here is old mitch (our only goal it to make sure Obama is not re-elected) McConnell r-K
"One issue I’ve never been conflicted about is taxes. I wasn’t sent to Washington to raise anybody’s taxes to pay for more wasteful spending and this election doesn’t change my principles. This election was a disappointment, without doubt, but let’s be clear about something: the House is still run by Republicans, and Republicans still maintain a robust minority in the Senate. I know some people out there think Tuesday’s results mean Republicans in Washington are now going to roll over and agree to Democrat demands that we hike tax rates before the end of the year. I’m here to tell them there is no truth to that notion whatsoever."
Though he had no problem voting for tax increases when the GOP had the Presidential office...it's just now, and even WS is responding poorly to the GOP saying they will let the fiscal crisis last unless the top 1% get to keep their tax cuts....
"McConnell’s tone signals that he and his fellow Republicans in the Senate plan use the same brinksmanship that got Congress to agree to the fiscal cliff in the first place. And he’ll find support among the GOP: While House Speaker Rep. John Boehner (R-OH) has adopted the rhetoric that he will find some method of raising revenue, he has also called any tax hikes of any kind “unacceptable.” Indeed, the only solution he has proposed to the fiscal cliff echoes the mathematically-unsound Romney tax plan."
Perhaps they should listen to people who have proven that the tax cuts help create jobs does not work...
"Many studies have shown “that tax cuts do not come anywhere close to paying for themselves over the long term.” Greg Mankiw, chair of George W. Bush’s Council of Economic Advisers, called those who believe that tax cuts will result in a revenue increase “charlatans and cranks.” “There is no serious research evidence to suggest that” tax cuts pay for themselves, Republican economist Douglas Holtz-Eakin agreed. But Republican leaders still claim that such a thing will happen, all evidence to the contrary."
http://thinkprogress.org/economy/2010/08/05/173439/dhe-tax-evidence/
http://thinkprogress.org/economy/2012/11/08/1164121/boehner-revives-flawed-study-tax-cuts/
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