It's starting and will only get worse.
House Speaker John A. Boehner said Wednesday that Republicans are “willing to accept new revenue” coming to the federal government as part of a new debt deal, offering an early olive branch in the aftermath of Tuesday’s election, reports the Washington Times.
“Does the increased revenue come from government taking a larger share of what the American people earn through higher tax rates?” Mr. Boehner told reporters in a speech at the Capitol a day after he saw voters renew but slim his majority. “Or does it come as the byproduct of a growing economy, energized by a simpler, cleaner, fairer tax code, with fewer loopholes, and lower rates for all?”
Watch out. Fairer taxes, in Washington D.C., is code for higher taxes.
Fairer taxes in my book is lowering everyone's tax rate, for starters, to 1%. That's real fairness.
how surprising....
ReplyDeleteIt gets worse. Boehner tells the President "we're now ready to be led".
ReplyDeletehttp://cnsnews.com/news/article/boehner-mr-president-your-moment-we-re-ready-be-led
I am physically ill from reading this article.
"Tax collector for the Welfare State..."
ReplyDeleteRESIGN!
CW
Tuesday was a comprehensive victory. Time to replace the Repubs with a better opposition.
ReplyDeleteBut it might be too late.
Threw up in my mouth..
ReplyDeleteThe Republicans are simply showing they are incapable of learning any lesson. When they most likely vote for 'reasonable' tax increases, they will most likely be rewarded with losing their House majority in 2014.
ReplyDeleteBoehner is exactly what's wrong with the entire Repub party. At their core they are Big Government goons that love to have power centralized in Washington.
ReplyDeleteThese guys are going to lose a lot more elections going forward. And they deserve to. And I'm going to enjoy every minute of it.
"Fairer taxes in my book is lowering everyone's tax rate, for starters, to 1%. That's real fairness."
ReplyDeleteThat's utopian. Not utopian in the sense that 'it wouldn't work', utopian in the sense that no one in the major parties would ever be willing to do it. But you know what? Gary Johnson would have been for lowering taxes a LOT more than Mr. Boehn-Head is. Too bad most libertarians won't settle for anything less than perfection, and so what we actually get is much worse than the 'compromises' one would have to make in supporting someone like Johnson. Who's only a small fraction the statist that everyone else in the government is. Something to consider. Would Gary Johnson have been the end-all, be-all, end goal post for libertarianism? No and I don't see why he would have had to have been. I don't see why we couldn't have all just supported him pragmatically and then continued to advocate for full liberty after getting him elected, instead of just going along with everything that he says. Going from a Gary Johnson size federal government to full freedom would be a lot less drastic than going from a Barack Obama government to it, that I think is for sure.
"Too bad most libertarians won't settle for anything less than perfection,..."
DeleteExcuse me? Bob Barr (the 2008 Libertarian candidate) is perfection?
If the Republicans were serious (ha ha ha!) they'd simply refuse to raise the debt ceiling. Maybe this should be Ron Paul's last stand in Congress, to lead a charge to refuse to raise the debt ceiling while crafting a balanced budget to take effect immediately upon the "no" vote on the debt limit increase. The Republicans have all the power they need in the House of Representatives, since all spending appropriations and revenue bills must originate in the House. The idea that Republicans need a unified government to accomplish something meaningful is false. Vote no on the debt limit and the budget would have to be balanced overnight. Take the case to the American people. Plaster the budget all over the airwaves and the internet. Explain what will happen if we take this course. Slashing 1.4 trillion in spending overnight would cause some pain, for sure, but before too long we could get the American people back to work.
ReplyDeleteI'm guessing the zombie public wouldn't go for it since they'd think we'd be in default (which isn't true at all), but isn't it worth a try? Thoughts?
Ron has spoken against raising the debt ceiling every time it comes up. This will be his last stand and will go down fighting, but sadly he will be run over by the monster occupying the house.
DeleteIf Ron was a Senator, this could be his parting gift to the Republic.
Alas, the sergeant at arms will surely not allow a rogue Congressman to conduct a filibuster in the House.
Perhaps in the Senate, until the situation is so desperate that there is 'bipartisan' support to either end unlimited debate in the Senate by amending the Senate rules, or override the filibuster with 60 votes.
So true. There already is a balanced budget law on the federal books. It's called the debt limit. But the Republicans have voted to raise the limit over and over again.
DeleteIt is proof positive that the Republicans are just spewing hot air on the topic. They are not interested in limiting spending. They are interested in power.
There is no such thing as a "fair tax". All taxes are theft and suck capital out of the private sector. Capital consumption will increase greatly after the 1st of Jan.
ReplyDelete