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1StrongBlackMan

(31,849 posts)
Thu Dec 13, 2012, 05:53 PM Dec 2012

I was just reading an OP ...

penned by George Will where he laments the return of the Estate tax rates to Clinton-era rates. Then, I look up all the other tax cuts that are set to expire on January 1 ... and it struck me, going over the re-set of the tax rates will force a re-visitation of the tax code. And the gop, is not going to like it. (yeah, I know ... I'm late to the party)

The gop will be required to affirmatively act on each and every line ... And their deficit talk works against them.

Further, all the leverage (more than I thought) will have them in the position of trading additional cuts for the working class, in order to start any talk on cutting taxes on the wealthy ... Because, with that pre-condition, the Democrats can trade the tax cut (or not closing loopholes) for the wealthy for additional tax cuts (opening more loopholes) for the working class and a promise not to say out loud, "you want to add HOW MUCH to the deficit?"

It ain't gonna be pretty! I can't wait.

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I was just reading an OP ... (Original Post) 1StrongBlackMan Dec 2012 OP
You've imagined an excellent scenario. nt DCKit Dec 2012 #1
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