GOP may OK tax increase that Obama hopes to block

News flash: Congressional Republicans want to raise your taxes.

Impossible, right? GOP lawmakers are so virulently anti-tax, surely they will fight to prevent a payroll tax increase on virtually every wage-earner starting Jan. 1, right?

Apparently not.

Many of the same Republicans who fought hammer-and-tong to keep the George W. Bush-era income tax cuts from expiring on schedule are now saying a different "temporary" tax cut should end as planned. By their own definition, that amounts to a tax increase.

The tax break extension they oppose is sought by President Barack Obama. Unlike proposed changes in the income tax, this policy helps the 46 percent of all Americans who owe no federal income taxes but who pay a "payroll tax" on practically every dime they earn.APArticle

Link to Article (Sorry, Gamespot's linking system is still broken):

http://www.google.com/hostednews/ap/article/ALeqM5hcv66ONtPUG-K0C2EstqsYBU77yg?docId=5e01f49a8f5546578066437dd437299d

Personally, I think this is a good thing. It shouldn't have been passed to begin with, and I don't think the Bush tax cuts should have been renewed at any level. That being said, I'm not sure why Republicans have suddently shifted gears from "No tax increases whatsoever" to their current stance on this particular tax break.

Thoughts, OT?

Something tells me Eric Cantor doesn't approve of this.

it doesn't take a genious to figure out what republicans are all about, sadly a lot of people fall for it all the time

Wait. Why exactly does Obama oppose it? Or is it Obama doing what the republicans want, and they are deciding to f*** with him?majoras_wrath

Maybe so the republicans will want it. Not joking.

[QUOTE="majoras_wrath"]Wait. Why exactly does Obama oppose it? Or is it Obama doing what the republicans want, and they are deciding to f*** with him?topgunmv

Maybe so the republicans will want it. Not joking.

The GOP is a bit jumbled right now. They're having an awkward time balancing rhetoric and policy.Sajo7

Wait. Why exactly does Obama oppose it? Or is it Obama doing what the republicans want, and they are deciding to f*** with him?majoras_wrath

Seems to me like both parties are acting like juveniles and will try and do anytihing to smear the other even when the opposing side does something they agree on. It's unfortunate that this is how our politics have become...

As for the tax increase, there have been several policies put forward but I am not sure what specific one that the TC is talking about, the link doesn't make it very clear either.

[QUOTE="majoras_wrath"]Wait. Why exactly does Obama oppose it? Or is it Obama doing what the republicans want, and they are deciding to f*** with him?ShadowMoses900

Seems to me like both parties are acting like juveniles and will try and do anytihing to smear the other even when the opposing side does something they agree on. It's unfortunate that this is how our politics have become...

As for the tax increase, there have been several policies put forward but I am not sure what specific one that the TC is talking about, the link doesn't make it very clear either.

[QUOTE="majoras_wrath"]Wait. Why exactly does Obama oppose it? Or is it Obama doing what the republicans want, and they are deciding to f*** with him?topgunmv

Maybe so the republicans will want it. Not joking.

As for the tax increase, there have been several policies put forward but I am not sure what specific one that the TC is talking about, the link doesn't make it very clear either.

ShadowMoses900

[QUOTE="ShadowMoses900"]

As for the tax increase, there have been several policies put forward but I am not sure what specific one that the TC is talking about, the link doesn't make it very clear either.

mattbbpl

How about they give me and every other common working person a tax break for once instead of the corporate shills?

[QUOTE="mattbbpl"][QUOTE="ShadowMoses900"]

As for the tax increase, there have been several policies put forward but I am not sure what specific one that the TC is talking about, the link doesn't make it very clear either.

ShadowMoses900

How about they give me and every other common working person a tax break for once instead of the corporate shills?

oh no that's asking too much, apparently the majority of the people don't want it either, don't believe me, how did the republicans win big in the last election

I think Obama needs to become a partisan president. Because these right wingers will not stop at destroying this country. Republicans are always out for the wealthy and don't give a darn about the working and middle class. They rather raise taxes for someone who is making $30,000 a year than tax someone who is making 3,000,000 a year.helwa1988

i don't understand how people literally aren't comprehending this

[QUOTE="Sajo7"]The GOP is a bit jumbled right now. They're having an awkward time balancing rhetoric and policy.ShadowDeathX

[QUOTE="ShadowDeathX"][QUOTE="Sajo7"]The GOP is a bit jumbled right now. They're having an awkward time balancing rhetoric and policy.Serraph105

Buh buh its unfair that 50% of the US's population doesn't pay income tax! Even though they only control 2.5% of the total wealth to begin with!

That does it. I'm convinced that the GOP would choose the opposite side of ANYTHING Obama says / does. Obama could single-handedly cure AIDS and Republicans would filibuster it.BrianB0422

it's whats been going on since he took over

I think Obama needs to become a partisan president. Because these right wingers will not stop at destroying this country. Republicans are always out for the wealthy and don't give a darn about the working and middle class. They rather raise taxes for someone who is making $30,000 a year than tax someone who is making 3,000,000 a year.helwa1988

The Republican party is full of crap and so are the Far Right, but I'm fairly conservative (somewhat Libertarian) and I feel that you are mislableling us. There is a BIG difference between a conservative and a Republican, I'm not bashing you or anything like that. I just feel that you made a little bit of a broad stroke.

True conservatism isn't about the rich, it's simply about having low to moderate taxation, and small government that keeps out of peoples personal matters unless it's violating other peoples rights. That's it. It's not about going off to wars for BS reasons or supporting big corporations ect...

I have no problem with liberals or anything and I don't make broad generalisations about them, I tend to disagree with them on some issues but I don't think there is anything wrong with their idealogy or anything as far as you don't go extreame about it.

But yes, the current "conservatives" in the Republican party only care about rich people, but so do the "liberal" democrats.

And the democrats are just as bad on the far left, trust me. I used to work for them.

[QUOTE="helwa1988"]I think Obama needs to become a partisan president. Because these right wingers will not stop at destroying this country. Republicans are always out for the wealthy and don't give a darn about the working and middle class. They rather raise taxes for someone who is making $30,000 a year than tax someone who is making 3,000,000 a year.ShadowMoses900

The Republican party is full of crap and so are the Far Right, but I'm fairly conservative (somewhat Libertarian) and I feel that you are mislableling us. There is a BIG difference between a conservative and a Republican, I'm not bashing you or anything like that. I just feel that you made a little bit of a broad stroke.

True conservatism isn't about the rich, it's simply about having low to moderate taxation, and small government that keeps out of peoples personal matters unless it's violating other peoples rights. That's it. It's not about going off to wars for BS reasons or supporting big corporations ect...

I have no problem with liberals or anything and I don't make broad generalisations about them, I tend to disagree with them on some issues but I don't think there is anything wrong with their idealogy or anything as far as you don't go extreame about it.

But yes, the current "conservatives" in the Republican party only care about rich people, but so do the "liberal" democrats.

And the democrats are just as bad on the far left, trust me. I used to work for them.

The problem like this is the far left doesn't control the democrat party like thefar rightcontrols the Republican party.. The fact that Obama has been called a Socialist and extremely liberal by the right even though he has been moderate in many areas illustrates this..

[QUOTE="ShadowMoses900"]

[QUOTE="mattbbpl"] This article is referring to the "payroll tax holiday" that was passed last year. It was a temporary tax break that will go away by default if it isn't renewed for next year.fsurb28

How about they give me and every other common working person a tax break for once instead of the corporate shills?

oh no that's asking too much, apparently the majority of the people don't want it either, don't believe me, how did the republicans win big in the last election

Areyou referring to the Obama vs Mcain election or the Bush vsKerry election?

If the former than both Obama and MCcain have wanted to do the same tax policies as Bush was doing, like corporate welfare ect... Obama economic and foriegn policies were the same as the Bush administrations up until around this part of his term. He kept bailing out banks and wallstreet ect.. so Obama is just as guilty.

If you were referring to Bush vsKerry election, then actually your wrong about that asKerry actually won the popular vote but because of the Electoral College system of voting Bush was the winner. If you ask me the 2004 election year was the WORST and most depressing voting year in our history, there was no good option. Both were equally bad IMO.

[QUOTE="ShadowMoses900"]

[QUOTE="helwa1988"]I think Obama needs to become a partisan president. Because these right wingers will not stop at destroying this country. Republicans are always out for the wealthy and don't give a darn about the working and middle class. They rather raise taxes for someone who is making $30,000 a year than tax someone who is making 3,000,000 a year.sSubZerOo

The Republican party is full of crap and so are the Far Right, but I'm fairly conservative (somewhat Libertarian) and I feel that you are mislableling us. There is a BIG difference between a conservative and a Republican, I'm not bashing you or anything like that. I just feel that you made a little bit of a broad stroke.

True conservatism isn't about the rich, it's simply about having low to moderate taxation, and small government that keeps out of peoples personal matters unless it's violating other peoples rights. That's it. It's not about going off to wars for BS reasons or supporting big corporations ect...

I have no problem with liberals or anything and I don't make broad generalisations about them, I tend to disagree with them on some issues but I don't think there is anything wrong with their idealogy or anything as far as you don't go extreame about it.

But yes, the current "conservatives" in the Republican party only care about rich people, but so do the "liberal" democrats.

And the democrats are just as bad on the far left, trust me. I used to work for them.

The problem like this is the far left doesn't control the democrat party like thefar rightcontrols the Republican party.. The fact that Obama has been called a Socialist and extremely liberal by the right even though he has been moderate in many areas illustrates this..

Yes I know, it used to be the opposite actually. The Republican Party was pretty diversified as far as conservatism goes and someone who had differeent views of cosnervatism could still get Republican support. But now it's completely radical and extreame and I don't like the current Republican parties brand of "conservatism" as it has nothing to do with conservative values. Its almost like fascism.

This is why I am independant. I was just pointing out that I felt like people like myself who are true conservatives and not the stupid Republican brand are being generalised and "attacked" if you will, for something that doesn't represent us.

Like I don't like Perry, Bachman, or Sara Palin. They are terrible for this country IMO. Romney I think would be so-so but he flip flops around to often so I don't know what his real stance is on any issue, plus he seems like he would collapse to the Far Right pressure and they would influence his presidency too much. I like John Huntsmen alot and I would vote for him, but he doesn't get much media attention, which is a shame.

I just don't like it when people assume conservatives are undeducated racists ect... Just like how I get upset when people assume liberals are lazy communists ect..

The extreames are definatley like that, but the average conservative or liberal isn't.

[QUOTE="mattbbpl"][QUOTE="ShadowMoses900"]

As for the tax increase, there have been several policies put forward but I am not sure what specific one that the TC is talking about, the link doesn't make it very clear either.

How about they give me and every other common working person a tax break for once instead of the corporate shills?

It's not really raising taxes, it is discontinuing a tax-break. When our debt is measured in the trillions we need to start paying it back before someone comes to collect, and I think this is an important step towards it.trick_man01

[QUOTE="trick_man01"]It's not really raising taxes, it is discontinuing a tax-break. When our debt is measured in the trillions we need to start paying it back before someone comes to collect, and I think this is an important step towards it.BrianB0422

But then you'd be hurting their feelings.

[QUOTE="ShadowMoses900"]

[QUOTE="mattbbpl"] This article is referring to the "payroll tax holiday" that was passed last year. It was a temporary tax break that will go away by default if it isn't renewed for next year.mattbbpl

How about they give me and every other common working person a tax break for once instead of the corporate shills?

Social Securtiy is in a desperate situation, I honestly don't think it's going to be around in the near future unfortunately...

I didn't read the article but I assume it is in reference to the payroll tax holiday employees get (employers still pay full P/R taxes, because Obama hates them). The P/R tax holiday is currently in effect for 2011, do the Republicans oppose its continuation into 2012?

It's not really raising taxes, it is discontinuing a tax-break. When our debt is measured in the trillions we need to start paying it back before someone comes to collect, and I think this is an important step towards it.trick_man01

[QUOTE="mattbbpl"][QUOTE="ShadowMoses900"]

How about they give me and every other common working person a tax break for once instead of the corporate shills?

Social Securtiy is in a desperate situation, I honestly don't think it's going to be around in the near future unfortunately...

[QUOTE="mattbbpl"] It won't be if we keep raiding it's funds for general spending and tax breaks and keep the cap on it.trick_man01

[QUOTE="mattbbpl"] It won't be if we keep raiding it's funds for general spending and tax breaks and keep the cap on it.trick_man01

It's both to be honest, the government did waste a bunch of our SS funds on pointless crap and the baby boomers are about to retire into a bad economy without any real support for the large numbers. There has to be an alternative, I know many people bring up 401K's, but those are only good when the economy is good and they shouldn't be cosnidered a reliable source for retirement revenue.

How about we first remove the loopholes so everyone is paying their share....rather than make those without loopholes pay more tax while those that can take advantage of loopholes once again get away without paying their share.LJS9502_basic

Agreed 100%.

I believe if we took away the income tax and implemented a 10% value added sales tax on all goods (besides essentials like food, medicine ect..) this would force everyone to pay their fair share in taxes. Rich people don't pay income tax because they put their money in Switzerland banks and investment firms, which you cannont tax. They also have personal accountants who know how to hide money. Alot of people are under the impression that rich people get a paycheck in the mail like the rest of us, but they don't.

Rich people still buy things though, and this tax solution would close loopholes.

[QUOTE="helwa1988"]I think Obama needs to become a partisan president. Because these right wingers will not stop at destroying this country. Republicans are always out for the wealthy and don't give a darn about the working and middle class. They rather raise taxes for someone who is making $30,000 a year than tax someone who is making 3,000,000 a year.ShadowMoses900

True conservatism isn't about the rich, it's simply about having low to moderate taxation, and small government that keeps out of peoples personal matters unless it's violating other peoples rights. That's it. It's not about going off to wars for BS reasons or supporting big corporations ect...

Bolded part is more a libertarian thing than a conservative thing I would say.

Republicans get lambasted for months for their no new revenue policy. They finally come around to the idea and OT flips out because they are raising taxes. Reason #105 to avoid politics in OT.limpbizkit818

How about we first remove the loopholes so everyone is paying their share....rather than make those without loopholes pay more tax while those that can take advantage of loopholes once again get away without paying their share.LJS9502_basic

I believe if we took away the income tax and implemented a 10% value added sales tax on all goods (besides essentials like food, medicine ect..) this would force everyone to pay their fair share in taxes. Rich people don't pay income tax because they put their money in Switzerland banks and investment firms, which you cannont tax. They also have personal accountants who know how to hide money. Alot of people are under the impression that rich people get a paycheck in the mail like the rest of us, but they don't.

Rich people still buy things though, and this tax solution would close loopholes.

ShadowMoses900

[QUOTE="LJS9502_basic"]How about we first remove the loopholes so everyone is paying their share....rather than make those without loopholes pay more tax while those that can take advantage of loopholes once again get away without paying their share.ShadowMoses900

Agreed 100%.

I believe if we took away the income tax and implemented a 10% value added sales tax on all goods (besides essentials like food, medicine ect..) this would force everyone to pay their fair share in taxes. Rich people don't pay income tax because they put their money in Switzerland banks and investment firms, which you cannont tax. They also have personal accountants who know how to hide money. Alot of people are under the impression that rich people get a paycheck in the mail like the rest of us, but they don't.

Rich people still buy things though, and this tax solution would close loopholes.

How about we first remove the loopholes so everyone is paying their share....rather than make those without loopholes pay more tax while those that can take advantage of loopholes once again get away without paying their share.LJS9502_basic

[QUOTE="limpbizkit818"]Republicans get lambasted for months for their no new revenue policy. They finally come around to the idea and OT flips out because they are raising taxes. Reason #105 to avoid politics in OT.mattbbpl

[QUOTE="ShadowMoses900"]

[QUOTE="LJS9502_basic"]How about we first remove the loopholes so everyone is paying their share....rather than make those without loopholes pay more tax while those that can take advantage of loopholes once again get away without paying their share.mattbbpl

Agreed 100%.

I believe if we took away the income tax and implemented a 10% value added sales tax on all goods (besides essentials like food, medicine ect..) this would force everyone to pay their fair share in taxes. Rich people don't pay income tax because they put their money in Switzerland banks and investment firms, which you cannont tax. They also have personal accountants who know how to hide money. Alot of people are under the impression that rich people get a paycheck in the mail like the rest of us, but they don't.

Rich people still buy things though, and this tax solution would close loopholes.

The "fair tax" benefits the wealthy because they spend a smaller proportion of their income than those in lower income levels.

Indeed we did, but I was being a bit of a jackass in that thread so I deleted my post. I will try and be more civil and politeon here.

Anyways the Income tax already is hurting poor people so it obviously is doing the thing you are against. And I don't understand the whole "poor people spend more" argument, can you please explain?

If I have 100$ and someone else has 10$ than who is going to buy more stuff? Obviously the person with 100$. i don't understand the argument that poor people spend more, is there something I'm not understanding?