Dem's pissed at obamas tax plan

Godfather.

http://www.cnn.com/2010/POLITICS/12/08/ ... tml?hpt=T1

Washington (CNN) -- House Democrats vented their frustrations with President Barack Obama's tax proposal at a closed-door meeting Tuesday night, with rank-and-file members slamming the White House for leaving House Democrats out of final negotiations, and agreeing too quickly to a GOP proposal on the estate tax.

Godfather.

Godfather.

it seems obama is turning his back on his own party or playing both sides..which might be a good idea and a way to make common ground, I believe in tax breaks across the board for everybody in a normal working situation it's not like we're not over taxed as it is.

"Democrats are fuming that the administration agreed to exempt inheritances up to $5 million and to set the tax rate at 35%. The estate tax is scheduled to be reinstated at a higher rate of 55% next year, with the exemption up to $1 million. A bill passed the House a year ago that set the threshold for the exemption at $3.5 million and the tax rate at 45%." this a bullshit tax IMO

Godfather.

gimmesometruth27

it is hard for me to say this, having voted for and having really respected the man. but i believe now that obama should just have an LBJ moment, say he will not seek re-election, and actually fight like hell to pass what he feels needs to be done, not the watered down version of everything. that way he won't have to compromise on every single issue and continue to break campaign promises he made to the american people. then he will have no fear of having his butt handed to him in the next election. he has lost his base, and most of his party, and he has failed the people in every domestic issue, and every foreign policy issue.

as of yesterday, i think for the good of the country, and for the good of the democratic party he should step aside.

blackredyellow

I don't get why the estate tax is such a political issue... I get why politicians care about it, because most of them will probably be affected by it.

But when I hear middle class people argue with partisan talking points about it the estate tax, it makes me laugh... especially on the right... the "death tax" thing, people saying that the gov't wants to take all of your money when you die, etc... when in reality, 99% of these people will not be affected in any way by this tax.

Just another one of those partisan distraction issues...

blackredyellow

gimmesometruth27 wrote:

it is hard for me to say this, having voted for and having really respected the man. but i believe now that obama should just have an LBJ moment, say he will not seek re-election, and actually fight like hell to pass what he feels needs to be done, not the watered down version of everything. that way he won't have to compromise on every single issue and continue to break campaign promises he made to the american people. then he will have no fear of having his butt handed to him in the next election. he has lost his base, and most of his party, and he has failed the people in every domestic issue, and every foreign policy issue.

as of yesterday, i think for the good of the country, and for the good of the democratic party he should step aside.

But really, what more could he get passed if he declared he wasn't seeking re-election? The GOP will clearly block anything that is too far left, and Obama doesn't have a ton of leverage in the democratic party now, and being a lame duck, he'd even have less I think.

gimmesometruth27

i am disgusted with the democrats in general. actually the entire political system in this country.

we took the house and senate in 2006, and still bowed down and gave bush everything he wanted.

in 2008 we added the white house to the democratic column and we let the republicans rule from the minority position on every issue.

today, we still have the majority in this session and we let the republicans rule from the minority still.

it is going to be painful to see how little will get done in the next 2 years....

Godfather.

gimmesometruth27 wrote:

it is hard for me to say this, having voted for and having really respected the man. but i believe now that obama should just have an LBJ moment, say he will not seek re-election, and actually fight like hell to pass what he feels needs to be done, not the watered down version of everything. that way he won't have to compromise on every single issue and continue to break campaign promises he made to the american people. then he will have no fear of having his butt handed to him in the next election. he has lost his base, and most of his party, and he has failed the people in every domestic issue, and every foreign policy issue.

as of yesterday, i think for the good of the country, and for the good of the democratic party he should step aside.

I'm not as knowledgeable on politics as most of you( :shock: really) LOL!! but even to me it looks like someone got a picture of obama with a goat and is playing the hand well, I don't understand how or why he would change sides half way through his term...well thats what it looks like anyway.
I have never been a obama supporter but to be fair I think he just got in over his head and you can't blame a guy for taking a shot at it but you would think as intelligent as he is he would have learned more along the way,I don't know whats really going on but the proverbial goat picture seems strong at this point.

Godfather.

Jeanwah

The GOP is basically blackmailing Obama into doing what they want. What they are using to blackmail, is what I'd like to know. I agree with Gimme; he should give this term all he's got and not expect to return. At least he could say he did it his way.

Jason P

"Compromise" and "negotiate" have turned out to be dirty words in the political spectrum.

Electric_Delta

gimmesometruth27 wrote:

in 2008 we added the white house to the democratic column and we let the republicans rule from the minority position on every issue.

today, we still have the majority in this session and we let the republicans rule from the minority still.

I am interested to know what you are referencing.

Godfather.

Jeanwah wrote:

The GOP is basically blackmailing Obama into doing what they want. What they are using to blackmail, is what I'd like to know. I agree with Gimme; he should give this term all he's got and not expect to return. At least he could say he did it his way.

"the proverbial goat picture".... Hoover back in the day kept(dirty) files on everybody in Washington and used them to run the FBI his way and keep his job for 30-40 years, wonder who's doing it now ?

Godfather.

Boxes&Books

Obama has accomplished a lot- and set the foundation for bigger kills. Yes, it does seem he has given in on this issue, but he is till out there stating his position and telling everyone that he doesn't support this- He's only doing it because he needs to help those on Unemployment and also doesn't want taxes going up on the middle class.

Secondly his base hasn't been as strong as it should have been- For Example on Heath care- A lot of Dems didn't support universal care- So Obama couldn't implement universal care because a lot of his base wouldn't have supported it. He would have looked bad trying to pass a bill and it not go anywhere even with his party in charge. The Health care bill was a huge accomplishment and no one else could have taken it to where it did....

I really feel that he is in it for the long haul- making key investments in Heath Care and setting up the foundation for a full blown Universal Care in his next term. Universal Heath Care is HUGE- and it wouldn't be an easy system to implement.

He did accomplish 70% of his agenda in the first two years.

It's just to hard for him to govern from the far left- look at how difficult it is for Republicans to govern from the far right.

Obama has shown patients and been a strong voice of reason. I would love to see him be more angry, but I guess that isn't something he displays in public.
A majority of what he says makes rational sense to me.
He still has my vote and my support for a second term - There is no doubt about that!

gimmesometruth27

obama has not ruled from the left. he is a centrist.

Boxes&Books

Godfather. wrote:

gimmesometruth27 wrote:

it is hard for me to say this, having voted for and having really respected the man. but i believe now that obama should just have an LBJ moment, say he will not seek re-election, and actually fight like hell to pass what he feels needs to be done, not the watered down version of everything. that way he won't have to compromise on every single issue and continue to break campaign promises he made to the american people. then he will have no fear of having his butt handed to him in the next election. he has lost his base, and most of his party, and he has failed the people in every domestic issue, and every foreign policy issue.

as of yesterday, i think for the good of the country, and for the good of the democratic party he should step aside.

I'm not as knowledgeable on politics as most of you( :shock: really) LOL!! but even to me it looks like someone got a picture of obama with a goat and is playing the hand well, I don't understand how or why he would change sides half way through his term...well thats what it looks like anyway.
I have never been a obama supporter but to be fair I think he just got in over his head and you can't blame a guy for taking a shot at it but you would think as intelligent as he is he would have learned more along the way,I don't know whats really going on but the proverbial goat picture seems strong at this point.

Godfather.

How is he changing sides? Really? He negotiated these terms- The GOP didn't get the long term tax cuts they wanted (GOP wanted permanent tax cuts) and Unemployment benefits are being extended.
You should be more pissed at the JOB the GOP is doing- They're about to add 900+ billion of additional to the deficit- Weren't they voted in because they were going to reduce the deficit? And they wont be going after the heath care bill either!!

Forgot to mention that the GOP did all of this to protect 2% of the population- I am assuming that you represent that 2%, right Godfather? Because you protect them day in and day out....
Look at how the actual tax cut brackets break down- look at what Obama is proposing and what is currently in place.

Your not going to learn when your getting your news from Fox.

sweet adeline

howard fineman wrote a pretty good piece the other day. basically his point was, other than the watered down health care bill, the obama administration has been a 3rd bush term.

http://www.huffingtonpost.com/howard-fi ... 91782.html

WASHINGTON -- Sometimes there are days here that sum up the state of politics and the condition of the country.

Today is one: While Democrats in Congress fight a rear-guard action against $700 billion in new tax cuts for the rich, and the city frets over the $14 trillion national debt, and officials announce that the unemployment rose to 9.8 percent, President Obama is gone -- off in Afghanistan bucking up troops in an admittedly unwinnable war that is now the longest and costliest (perhaps $2 trillion, depending on your math) in our history.

No one moment has more vividly demonstrated the predicament the president is in as a result of having accepted the basic fiscal and military parameters of the presidency that preceded him.

Accused of being a radical by the right, Obama in fact has allowed himself to be trapped, with a few notable exceptions (health care and food safety being two), in a slightly more bland rendition of a third Bush term.

The Obama administration is crowing about TARP bailouts -- a Bush-era invention. It has committed to staying actively involved until 2014 in the war in Afghanistan -- a Bush-era invention. And Team Obama refused to threaten an all-out fight against a top-end income tax-cut -- a Bush-era invention.

The inevitable result: 21st century economic stasis and more runaway increases in federal debt -- two more Bush-era inventions.

It's laudable and necessary for the president to visit the troops at this time of year. He specifically wanted to thank those involved in his surge there, and he brings with him the fervent thanks of all of us. Their sacrifice is beyond the imagining of most of us.

But Obama's sudden trip there, at a time when so much else is under siege here, shows precisely where we are right now. We have a beleaguered president who needs to show that he can command, or at least influence, the course of history, and who in political terms has to show the bravery, guts and can-do focus of the soldiers standing in front of him.

Boxes&Books

This deal is being called the Second Stimulus Plan- I guess stimulus plans don't add to the deficit, huh?

mikepegg44

Godfather. wrote:

"Democrats are fuming that the administration agreed to exempt inheritances up to $5 million and to set the tax rate at 35%. The estate tax is scheduled to be reinstated at a higher rate of 55% next year, with the exemption up to $1 million. A bill passed the House a year ago that set the threshold for the exemption at $3.5 million and the tax rate at 45%." this a bullshit tax IMO
Godfather.

no kidding. the idea that they can tax money that has already been earned and taxed is ridiculous. if I save every dollar I make and leave it to my kids, why on earth should they be punished. The government thinks they are entitled to a piece of everything and it bothers me to no end

mikepegg44

Jason P wrote:

"Compromise" and "negotiate" have turned out to be dirty words in the political spectrum.

funny how everyone wants people to work together and find a common solution, and then when they do they are called on the carpet.

sweet adeline

mikepegg44 wrote:

Godfather. wrote:

"Democrats are fuming that the administration agreed to exempt inheritances up to $5 million and to set the tax rate at 35%. The estate tax is scheduled to be reinstated at a higher rate of 55% next year, with the exemption up to $1 million. A bill passed the House a year ago that set the threshold for the exemption at $3.5 million and the tax rate at 45%." this a bullshit tax IMO
Godfather.

no kidding. the idea that they can tax money that has already been earned and taxed is ridiculous. if I save every dollar I make and leave it to my kids, why on earth should they be punished. The government thinks they are entitled to a piece of everything and it bothers me to no end

the estate tax is a transfer tax like any other tax.

by your rationale, you should also be pissed about sales tax, in fact, more upset. the estate tax only affects ~5% of the population, whereas you pay sales tax all the time.

sweet adeline

mikepegg44 wrote:

Jason P wrote:

"Compromise" and "negotiate" have turned out to be dirty words in the political spectrum.

funny how everyone wants people to work together and find a common solution, and then when they do they are called on the carpet.

obama's campaign slogans weren't "compromise" and "negotiate", they were "hope" and "change". he didn't get elected to work with the right, he got elected as a referendum on the bush administration. to say he has been disappointing would be an understatement. the dem's in the house and senate are equally to blame though, they are the same corporate pussies as he's turned out to be.

Jason P

mikepegg44 wrote:

Jason P wrote:

"Compromise" and "negotiate" have turned out to be dirty words in the political spectrum.

funny how everyone wants people to work together and find a common solution, and then when they do they are called on the carpet.

Exactly. For the last several years I've been hearing how both sides refuse to work with each other and how much rail-roading is going on and when the two sides actually come to a solution that forces them to give a little to get a little, everyone is angry. I guess both sides could continue to argue as tax cuts expired for everyone and the unemployed go hungry throughout the coldest part of the year, and then we could argue more about which side was at fault ... I guess that would make the extreme supporters of each side happy, but for the rest of us it would suck.

Isn't this compromise an example of bipartisanship?