By Kate McCarthy

Sep 13, 2010 8:29am

Will Boehner’s ‘Blink’ Make A Difference on Tax Cuts? Not Before Lame-Duck

Robert Gibbs looked like the cat that swallowed the canary on "GMA" this morning when I asked him to respond to Rep. John Boehner’s statement that he would vote for an extension of the middle class tax cuts –not the cuts for the wealthy — if it is his "only option."

“The president outlined that we shouldn’t hold middle class tax cuts hostage…and we certainly hope that what John Boehner said was a willingness to accept that as a big win for middle class families,” Gibbs told me.

But the White House has problems of its own in the Senate. Senators Bayh, Nelson, Lieberman, Conrad and Bennett have all signaled they could support a temporary extension of tax cuts for the wealthy.

So don’t expect quick action. A compromise may still be possible – perhaps raising the income trigger from $250,000 to $1,000,000 – but it almost certainly won’t happen before the mid-terms.  And in a lame-duck session, the GOP will almost certainly hold a stronger hand.

I also asked Gibbs to respond to Gingrich’s remarks in the National Review Online where he said “What if [President Obama] is so outside our comprehension, that only if you understand Kenyan, anti-colonial behavior, can you begin to piece together [his actions]? …That is the most accurate, predictive model for his behavior."

Gibbs said Gingrich was trying to appeal to people “who don’t believe the president was born in this country.”

“You would normally expect better of somebody who held the position of Speaker of the House but  look it is political season and most people will say anything and Newt Gingrich does that on a genuinely, on a regular basis,” Gibbs said.

Click here to watch my interview with Gibbs and see my analysis below. Then weigh in and tell me what you think.

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George Stephanopoulos

User Comments

Something has to explain Obama’s out of touch lunitick behavior and I guess keynesian colonialism would make sense.

Posted by: billy bob | September 13, 2010, 9:07 am 9:07 am

My husband and I make just enough money to be in the upper tax bracket. Tax cuts in the past have given us extra money to go on vacation, but we don’t need it. I would rather see that tax break given to families that are struggling and are wondering how to pay their light bill, than to us, for vacation. We have the resources and we will manage without a tax cut. At least we have money to manage.

Posted by: melissar | September 13, 2010, 9:34 am 9:34 am

Remember the current debt could not be paid off before year 2060 even if they chose to pay it off, and they aren’t even hinting to so so. And that would require balanced budgets and half trillion dollar payments for 50+ years.
The CBO projects the interest payment alone on the debt to be 900 billion dollars by 2020. With more accurate Obamacare scoring it will likely exceed one trillion!
What does Robert Gibbs or his Obama have to say about the debt? Why do they ignore it? Are they on a Cloward-Piven track to destroy our economy? Why does the media ignore the math on the debt? Is the media complicit.
Are you the reader complicit or will you copy and paste the math and send it to family, friends and complete strangers?

Posted by: Ed Taylor | September 13, 2010, 9:42 am 9:42 am

Just like Sen Grassley ‘joined’ health care bill discussion. Got GOP measures put in, but still voted against. Boehner will ‘shore up’ his party candidates until after the election, but then watch the party of “NO!” go on, and on, and on, etc.

Posted by: Critic46 | September 13, 2010, 9:44 am 9:44 am

melissar –You seem to be missing the point. You are going to get a tax raise if the Bush tax cuts expire. While you may well be able to afford this but the mere fact of you cutting back on spending to send money to the govt. to spend (waste) for you is going to hurt the economy, not help it. By going on those vacations you actually employ other people.

Posted by: billy bob | September 13, 2010, 9:46 am 9:46 am

They need to remove the 10% penalty for early withdrawal of IRA and 401K funds for the unemployed. That’s untapped stimulus money that doesn’t add to the national debt.

Posted by: rightbehind | September 13, 2010, 9:50 am 9:50 am

The priorities of this nation are totally messed up – and that goes for Democrats and Republicans alike. While I don’t agree with everything the President has done, I don’t seem him as being someone out of touch with reality – I cannot same the same about Mr. Boehner and the party of “no” which swings to “maybe” two months before election. Forty percent – that’s 40% – of the homeless in this nation (and that number is alarmingly rising) are children for pitty sakes. There are not enough night shelters and tent cities are again popping up across the nation – people cannot remain in their homes as they try to claw out from their mess [yes, some are guilty are really bad management] but we are facing a winter of hundreds of thousands of children in the cold. Now I don’t put this burden on the upper income people and their tax cut – but I will put this burden on this nation as a whole since 2000 when the neo-con agenda put in a man who decided a war of choice was better than going after bin Lauden with determined force while making the largest shift in personal wealth in the nation’s history and now we have those who say wait, we have to keep the status quo even though the situation is more grave than before. I am more and more convinced that politicians [what we used to call our elected officials] are no longer concerned with the people of this nation – they are concerned with two things: pay-back to those who make the coffers big enough so they can get re-elected [or elected in the first place] and secondly – getting a job where they can punish [and the operative word IS punish] those who didn’t put into their coffer. Mr. Boehner is not alone – he has plenty of company in both parties.

Posted by: Chap | September 13, 2010, 9:53 am 9:53 am

I think it’s amazing how the dems can change their stripes when they think they’re about to get hammered. I thought tax cuts didn’t help anything? Tax cuts don’t matter. Now Obama goes to Ohio and tells everyone he wants to spend more, and cut taxes. Will this idiot not say anything to retain power. To bad the democratic party has allowed this to go on this long. Look who’s in charge over there. Pelosi,Reid, Clinton, These people are all nuts.

Posted by: chance | September 13, 2010, 9:56 am 9:56 am

Boehner needs to make it clear that a huge tax increase on the wealthy who create jobs will extend the problem with unemployment, especially on top of all the other Obama government mandated cost and tax increases on business.
Then when unemployment remains unacceptably high in 2012, Obama can face the consequences…
And Boehner can face his constituents if he compromises.

Posted by: Cowboy | September 13, 2010, 9:57 am 9:57 am

rightbehind wrote: “They need to remove the 10% penalty for early withdrawal of IRA and 401K funds for the unemployed.”
That, of course, was yet another Obama campaign promise that never happened…

Posted by: Cowboy | September 13, 2010, 10:01 am 10:01 am

Obama, “The Teleprompter President” is and has always been in campaign mode. This Administration and Congress need to get out of campaign mode and start working for the American people. This Administration and Congress will never understand the middle and low income groups DO NOT CREATE JOBS, they take jobs. It is the upper income groups who create jobs and those groups are not going to create jobs in the face of high taxes, senseless regulation, and uncertainty.
Boehner should support any tax cut he can get but that does not mean he should not work to get reduced taxes for EVERYONE. Excluding upper income people from any tax cut plan is an act AGAINST JOB CREATION. Boehner should make sure the citizens of Ohio and the United States know that.
As long as our government continues the reckless spending and unprecedented meddling with businesses, we cannot expect real long term growth.
The Congress and current Administration have put the country on a course of reckless government spending that has mortgaged the future of all Americans especially future generations. The only way to fix this long term structural problem is to create a pro-growth atmosphere for business. To do this we must reduce taxes NOW. How many different taxes does a business or individual pay on a regular basis? We must eliminate number and complexity of all these taxes and reduce the tax burden.
We also need to end the micro-management of business and the economy. Until we GREATLY reduce the tax burden on business and consumers and remove the senseless regulations that accomplish little in relation to the cost they impose, our future is bleak.
REMEMBER IN NOVEMBER…VOTE THEM OUT!!!

Posted by: AngryMobVoter | September 13, 2010, 10:03 am 10:03 am

Boehner isn’t compromising at all! He’s been saying all along that he would prefer all the Bush tax cuts be renewed but if that wasn’t possible, he would vote for an extension of the middle class tax cuts. The MSM jumped on this like it was some sort of compromise only because they’re trying to find a way to make him look bad. But go back and read what John Boehner has been saying for quite some time now.

Posted by: SlingBlade055 | September 13, 2010, 10:11 am 10:11 am

Hey George–the word is “Keynesian” not Kenyan(an african nation). No wonder the country has inaccurate and prejudicial information from the press.

Posted by: tony | September 13, 2010, 10:15 am 10:15 am

You have to realize, that when you start talking taking the tax cuts from the rich, you are talking about MOST of the people in Congress!
Getting them to go along with that, is going to be a real hard sell!

Posted by: Rick McDaniel | September 13, 2010, 10:16 am 10:16 am

I love how they say Boehner “blinked”. How did he blink? Tax cuts are core to the republican platform. If anything, Obama blinked by admitting that tax cuts curtail economic growth and that tax breaks are needed for 98 percent of the population (when of course, hardly any of them pay taxes). His message is a cave by admitting that tax breaks are a positive incentive. Enjoy comrades.

Posted by: EFG | September 13, 2010, 10:21 am 10:21 am

Any Partisan who thinks its acceptable (during such a Financial crisis as we face) To just say no to everything is a fool. David Frum ( A GOP Conservative) has
castigated his party for Obstruction, when they could have traded blocks of votes for Policy changes. Do we send People to DC just to get reelected? Should the two parties fight one another or work to find solutions to our Problems? The GOP have elected so far to just obstruct—Obstruction is dereliction of duty– As irresponsible a ploy as I have ever seen!!!

Posted by: brian | September 13, 2010, 10:21 am 10:21 am

What is a larger percentage of no middle class dollars? That’s what it is coming to for the wealthy. Don’t bite the hand that feeds you, because the dollars in your pockets, along with a lot of low income dollars, originate as middle class disposable income.

Posted by: parma hts gary | September 13, 2010, 10:22 am 10:22 am

rightbehind | Sep 13, 2010 9:50:45 AM —– Something that should have happened almost 2 years ago. Put a limit of say $25K so people do not completely deplete their savings.

Posted by: lfrichar | September 13, 2010, 10:24 am 10:24 am

melissar – You do realize, don’t you, that you can send in a check at any time to the IRS. They will gladly accept any amount of money you wish to give them. People in your situation should be cutting back on their lifestyle and vacations and sending in an extra 40 percent of their income to the government. Its the patirotic thing to do.

Posted by: MeAndI | September 13, 2010, 10:27 am 10:27 am

@billy bob
Melissar did not miss the point. She just had a very different take on this from you.
Anyway, you conveniently assume that the government is going to “waste” tax revenues. That reflects your deep distrust, and explains why you see things very differently.
For me I go with Melissar’s point of view. And though I know that tax revenues might be subject to misappropriation (though in some cases it’s a matter of YOU seeing things differently from those in charge, again – and since you disagree with them you will say that they “waste” your money); I still believe in the social responsibility of paying taxes. What can modern societies do without the public funds, which are gotten mainly from tax revenues?

Posted by: paul | September 13, 2010, 10:30 am 10:30 am

President Clinton raised taxes for the top 1.2% of the population during a recession, we left it quite well. And these guys are getting campaign donations from whom? When voting, vote outside the two political parties, we need a third party, grass roots.

Posted by: phantomniter | September 13, 2010, 10:31 am 10:31 am

Unless everyone has a solution to this economy I dont think anyone should be commenting, at least someone like the president wants to do the job of running this country.

Posted by: Queens Ny | September 13, 2010, 10:33 am 10:33 am

melissar – Please pardon my spelling. And aren’t you glad you have people like me to tell you how your money should be spent? Thank you for your patriotism.

Posted by: MeAndI | September 13, 2010, 10:34 am 10:34 am

Actually, MellisaR, if you make slightly over the 250K mark, you will only be taxed on that overage 3% more that you would normally be taxed for that overage. Lets say in is 275K. You would only, technically, be taxed 3% more on 25K that you would have with the tax cut. That is really an honorable comment you made but you really would not have to forgo your vacation completely. My last vacation cost about 2.5K for me and my husband so this would mean people like us would have to take a slightly cheaper holiday, but not forgo the vacation all together :) After the tax cuts are gone for our income range, it means instead of a rate of 33%, the number will be 36% and only on the income that exceeds 250K. I think people in our range can handle that. I’m with you. It won’t adjust my life too much but make a huge impact on people who are worried about clothes for their kids, not vacations.

Posted by: PaulaT | September 13, 2010, 10:40 am 10:40 am

The middle class is a considerably larger voting block than the upper class. That’s what everything boils down to with this administration, votes=power=control.

Posted by: Kathy | September 13, 2010, 10:42 am 10:42 am

I think that many conservative pundits tend to make the populace believe that an income tax increase on the wealthy would mean less jobs. This is simply not true. Increasing income taxes on Steve Ballmer doesn’t mean less individuals hired for Microsoft.
It is time that Americans live in and understand reality and not some fantasy that is purported by the rich upper class.

Posted by: AmericanPatriot | September 13, 2010, 10:44 am 10:44 am

Action by presidents Bush and Obama to spend the Bailout maney has saved this country from a world wide depression. China would not have collapsed, but is not stong enough to hold everyone else out of that depression. You may hate the bastards on Wall Street and wonder why they are not in jail instead of drawing huge performance pay, but blaming President Obama for this financial meltdown is wrong and dumb. Our founding fathers created a Republic rather than a democracy because they greatly feared the tyranny of the masses. Their greatest fears have happened. The masses are being fearfully whipped into a frenzy that is wrong-headed and bad for our country. They were sure God was protecting and guiding us. I’m less sure.

Posted by: George H. Ellis | September 13, 2010, 10:46 am 10:46 am

All you trickle down people must be glued to fox and limbaugh. Having voted for Reagan with his supply side econ. I have seen how it has crushed the middle class. You republicans have got what you want and don’t know it. You have about abolished unions in this country. Now you have people standing in lines for an $8.00 an hour job. Being 63 I have worked since I was 10 and the only time I was fairly represented was when I was in a union. This pie in the sky attitude that corporation will treat their employees fair has proven to be false. The only people that have benefited are the CEO’s
Wall Street and those whose income is from unearned income. Yes we need middle class tax cuts, and to pay for this we need to let the upper income tax cuts expire. Remember the upper income only pays the higher rate on anything above th 200,000 range.

Posted by: Camrhan | September 13, 2010, 10:48 am 10:48 am

What Newt said is beyond belief. What is wrong with this guy. A former Speaker stoops to this depth of diatribe. I think he may just be off his rocker. Every time he opens his gaping mouth he utters another bigoted, racist, ignorant, inflammatory unfounded blurb. Just go away Newty.

Posted by: Jack | September 13, 2010, 10:50 am 10:50 am

Folks the rich still get the “middle class tax cut” on those brackets. The rate would only go up on the amount of money they make that lands in the top brackets. This isn’t so much getting rid of tax cuts on the rich, they still benefit below $250K, it’s stopping the Bush gift to his rich neocon on their super wealth gained from nonregulated bubbles where they took your money away from you

Posted by: Billy boo | September 13, 2010, 10:50 am 10:50 am

The rich are not “the hand that feeds you”; we, the poor, feed the rich. We grow, harvest, deliver, your food; we build your houses, build your roads, haul your useless trinkets from pace to place. We don’t really need the rich to survive and will soon stop transferring the fruits of our labor to the self-proclaimed creators of wealth.
We’ll soon see how well trickle-up economics works.
Lord Gingrich did, in fact, use the name of the African country, not the name of an economist, to describe the President’s world view.

Posted by: dano | September 13, 2010, 10:51 am 10:51 am

Since when did people who make a quarter of a MILLION DOLLARS become middle class?
How about not increasing THEIR taxes, but LOWERING taxes for the %95 of the population who make $50,000 or less?
Idiots. The entire government has lost contact with AVERAGE people. Boot them ALL this fall!

Posted by: Jon | September 13, 2010, 10:52 am 10:52 am

Obama only appears out of touch to people with blinded perception and low IQs. Intelligent people understand what Obama is doing completely and fully support him. In fact, most of us who support Obama do not think or feel he has made very many mistakes at all. Reaching out to the closed minded bigoted republicans was a huge mistake. People from countries all across the world have expressed approval and support for President Obama. People who are full of shame and fear like the republicans, almost always project their fear and shame onto others. With people like republicans, the problem is always in the “other” and never with self. Self perception is inaccurate and republicans carry loads of low self esteem and a sense of victimhood. This explains the bigotry and racism that are reflected in Gingrinch’s statement and in the dysfunctional actions of republicans. These deep crises and problems were created by the Republicans and nothing that a failed charlatan like Gingrinch is going to change the facts.

Posted by: Robert | September 13, 2010, 10:53 am 10:53 am

Americans will send their country the rest of the way into hell if they put the very scoundrels that created these deep crises back into office. The economy will not recover. Nothing will be done about climate change. Putting these liars and do nothings back into office will be the death knell of this country.

Posted by: Robert | September 13, 2010, 10:57 am 10:57 am

Camrhan, I couldn’t agree more–people keep blaming Obama, but this mess goes way further back than that, and we only have ourselves to blame for it happening, because we have still been employed and been able to buy our cheap crap at MegaSuperWalTargetMeijerMart. And now the bills are coming due and everyone is scrambling to cover their rears and blame the other guy instead of seeing it for what it is. Blaming the guy in office is easy, but two years in can’t fix the last 30 or more.

Posted by: Steve in Ohio | September 13, 2010, 10:57 am 10:57 am

The more successful you are, the greater your ammassed wealth, etc, the more you have benefited from the American system. That includes benefits from things paid for by taxes – police to enforce property rules, roads to transport your goods and services, a uniform commercial code, unemployment and welfare benefits to keep the unemployed from getting desperate and beating you to a bloody pulp. Early childhood education so your next generation of employees can outperform the previous one. It is not unreasonable for those who have benefited the most from these things to be expected to pay a greater share of their revenues through taxes so the gov can continue to do these things. You may not like every expenditure, but them’s the apples of living in a society. Also, for middle-lower income people griping about the bid bad national debt – how exactly has the debt harmed you? I mean tangible, measureable harm that has already occurred, not speculative future harm.

Posted by: ben | September 13, 2010, 10:58 am 10:58 am

Perhaps this point has already been made, but here’s a basic concept for you guys that don’t believe the wealthy should be taxed. Those with wealth invest much of the time, they don’t necessarily create jobs with those investments. That is, unless you care about jobs in other countries. A lot of those investments are made outside of the country, which does very little for the American market. My point is, tax cuts for the wealthy is similar to shipping a good portion of that money to other nations.
If you cut taxes to the middle class and lower, much of that money goes to consumer spending, at US stores and such.
And even then, that money still goes back to the top via this type of spending.

Posted by: SteveK | September 13, 2010, 10:59 am 10:59 am

I like Obama.

Posted by: izrfiji | September 13, 2010, 10:59 am 10:59 am

This was not a blink but a great move. Boehner wants all the tax cuts kept in place. Obama has blinked. He was originally against all the tax cuts. He now realizes this could cost a lot of votes compared to the number of votes the wealthy have. Status warfare. Boehner realizes and can’t hold off the tax abd spend democrates but is going to push for across the board cuts.

Posted by: Chalupa | September 13, 2010, 11:02 am 11:02 am

Another note to trickle down folks…people don’t invest in business because they HAVE money. They invest because they WANT money, and there is money to be had. Which means there is demand, i.e. people to buy. Most of these people are in the low-to-middle class tax brackets, because they are more likely to be in a position where they NEED to spend any extra money they get, and because there are just more people in these tax brackets to begin with! That money then trickles UP to the businesses that most successfully and efficiently meet demand.

Posted by: Doug Nelson | September 13, 2010, 11:02 am 11:02 am

What if the former speaker [Newt Gingrich] is so outside our comprehension, that only if you understand racist, pre civil-war behavior, can you begin to piece together [his actions]? …That is the most accurate, predictive model for his behavior.

Posted by: LCK | September 13, 2010, 11:05 am 11:05 am

I support Obama’s plan.. The wealthy have received so much more from tax breaks since Reagan was president compared to the normal people of this country. The wealthy have not been creating anywhere’s near enough good high payiing good benefit jobs with their extra money from tax breaks and de-regulation.
therefore it is obvious that giving them any more moeny and incentive is useless and that has been proven.
however tax breaks for the middle class workers means the money will get spent and themoeny spent will increase tax revenues and will trickle all the way up to the wealthy anyways… Whom will have to hire more people to keep up with demand because the workers are spending cash again.
trickle doewn DOES NOT WORK, HASN’t WORKED, and anyone spinning hte argument that it does is only doing that spinning the real facts to promote an agenda

Posted by: Daryl | September 13, 2010, 11:07 am 11:07 am

Robert | Sep 13, 2010 10:53:48 AM —- WOW! So anyone not agreeing with Obama has either a low IQ or “blinded perception”. That only requires one response…You’re an idiot.

Posted by: lfrichar | September 13, 2010, 11:10 am 11:10 am

Boehner is smart…
1) Did say he wants no tax increases.
2) Now Says he will not block the Lower income tax increase (if no other option)
As you pointed out, nothing can be done until the
ELECTION. Then
3) Will Say that there is another option with the new congress, so the lower tax increase “blocked” until
4) 2011, The new Congress makes all the taxes permanent (Retroactively if need be), and the remaining Democrats either have to accept it, or be charged with “holding” the middle tax “cuts” hostage to their socialist, Class Warfare plan.
So the Blink is just a Wink to his own addenda. thanks…

Posted by: Mike Liveright | September 13, 2010, 11:10 am 11:10 am

“”"”"In fact, most of us who support Obama do not think or feel he has made very many mistakes at all. People from countries all across the world have expressed approval and support for President Obama. “”"”"”
Posted by Robert
OK Robert, would you like me to point out how ridiculous that sounds? So Obama has been perfect? People may express support, but governments have been increasingly critical to Obama and his policies (especially on spending). Do you actually read anything or just listen to Obama and his minions?

Posted by: lfrichar | September 13, 2010, 11:14 am 11:14 am

@ billy bob:
- A Keynesian (a follower of British economist John Maynard Keynes) does not a Kenyan necessarily make, or vice versa, but your “lunitik” rant gave me and my colleagues a good laugh this morning! Thanks!

Posted by: econolux | September 13, 2010, 11:17 am 11:17 am

I’m trying to decide who I find more distasteful….Boehner or Obama. Tough call.

Posted by: LongT | September 13, 2010, 11:19 am 11:19 am

“This Administration and Congress need to get out of campaign mode and start working for the American people.”
They tried to pass a bill to get 50 million Americans health care they desperately needed. What do you want from them? The moon?
These tax cuts will help 98% of Americans. 98%. Is that not enough of America? Does the 2% richest represent America? Look at the deficits since this tax bill was put in place, does that say nothing about how ineffectual tax cuts for the rich are? There are hard facts, graphs even, you can find proving how bad these tax cuts were for our country. The money these billionaires get doesn’t improve the economy in any way, it just allows them to buy another yacht.
We’re betting on these millionaire to think of the common man before themselves, and it just doesn’t happen — it HASN’T happened — because no one does, because this country is so bankrupt in empathy for each other. I can’t believe someone said giving money to the government instead of to the mega rich would be a waste. Is education a waste? Good schools? Good health care? Better roads? You do realize it was the governments money fighting this glorious war in Iraq right? Is the money used to slaughter hundreds of thousands of people the only money worth using?

Posted by: Ignatius | September 13, 2010, 11:21 am 11:21 am

Chap,
I seem to remember Obama campaigning on reducing taxes for the middle class. I think you may have a selective memory or lapse of one.
Frank

Posted by: Frank | September 13, 2010, 11:22 am 11:22 am

Why will wealthy people create more jobs if they get a tax break? Do they take the money they save on taxes and use that to hire people making 30-70k per year? Doesn’t seem likley. Are there tax breaks for businesses that will expire (I’m asking)?
If so, now that the workforce has shrunk and companies are figuring out how to do the same with less people (increasing responsibilities, automation, computers, etc,), it seems to me that tax cuts on businesses will allow companies to make up for the massive losses they’ve been sustaining over the past two years’ recession.
I would not expect extending these breaks to the wealthy or businesses will create more jobs.
However, tax breaks for innovation would encourage people to try out new ways of doing things that could create more jobs.

Posted by: Schooly | September 13, 2010, 11:23 am 11:23 am

Bayh, Nelson, Lieberman, Conrad and Bennett need to be reminded of the definition of middle America. It is the largest population segment of our country. Without jobs these same people do not purchase from the retailers, even WalMart, the curse of the American worker. Their products are from China etc.
PEOPLE READ THE LABELS OF EVERYTHING. PUT IT DOWN IF IT’S NOT FROM HERE. AND TELL THE STORE YOU WANT AMERICAN MADE.

Posted by: Leslie | September 13, 2010, 11:23 am 11:23 am

Reply to billy bob. So you want to give your tax money to others less fortunate than you. Go ahead and do that, but don’t tell me that I have to do the same!
Its my money. I earned it. Don’t take it and give it to others without my say so!
Does that sound selfish? You be the unselfish one, O. K.

Posted by: Bob | September 13, 2010, 11:23 am 11:23 am

I see Gibbs is responding. You know it all Gibbs. you must hold the puppet strings for Pelosi and Reid.

Posted by: Jim Rod | September 13, 2010, 11:23 am 11:23 am

The government should be doing less, thereby spending less, and not needing to take in so much. People should save for those rainy days, such as losing your job. We don’t need the government acting like our mothers or fathers. They need to do only what is outlined in the constitution, and no more.
Unfortunately, so many of our citizens are now completely dependent on government ‘assistance’. It’s just a matter of time before our collapse makes the USSR collapse look like a picnic… they were already living poor, we’ve been living high. It’s going to be a major shock when the well runs dry… so much tradgedy on the way.

Posted by: rob | September 13, 2010, 11:24 am 11:24 am

What middle class tax cuts is Obama talking about? I thought Bush only gave the rich tax cuts?

Posted by: Mike Jones | September 13, 2010, 11:25 am 11:25 am

I think the point is that now Obama cannot say the Republicans are blocking the tax extension for the middle class – what excuse is he going to use now for not moving forward?

Posted by: Cambone | September 13, 2010, 11:27 am 11:27 am

Just remember that 50% of the citizens in this country don’t pay ANY federal income taxes. I’m willing to bet that applies to 80% of the people posting comments here this morning.
The government that robs Peter to pay Paul will always have Pauls support…
BTW, I make way less than 250k but thanks to Obamacare my insurance premiums are going up 33% next year, and I’m also going to lose money because we won’t be able to use HSAs to pay for over the counter drugs anymore. Spin it however you want to, but that’s a freakin’ tax increase.

Posted by: rob | September 13, 2010, 11:33 am 11:33 am

Boehner blinked because he thinks he might soon be in a position of actually governing, instead of just obstructing. Let’s show him how wrong he is!

Posted by: vcs3 | September 13, 2010, 11:35 am 11:35 am

“”"”They tried to pass a bill to get 50 million Americans health care they desperately needed. What do you want from them? The moon? These tax cuts will help 98% of Americans. 98%. Is that not enough of America? Does the 2% richest represent America?”"”"
Posted by Ignatius
Embellishment? It was an estimated 15 million not 50 and they passed insurance regulation not health care reform. According to the CBO, it didn’t save anyone anything, it actually will cost more. These tax cuts will not change the status quo, but if they let them run out, we will pay more taxes. Why would you only choose a select few? Should the rich not be treated equally? Also, your statement “”"Does the 2% richest represent America”? Ys! Have you not noticed how rich your government representatives are? Also, these tax cuts do nothing for anyone not making enough money to actually pay taxes.

Posted by: lfrichar | September 13, 2010, 11:37 am 11:37 am

Simple, Boehner will vote for the tax cut and then it will go to the Senate and it won’t pass. Boehner is no fool. And for Gibbs to underestimate him his a bigger ass than I thought

Posted by: KAZPORT | September 13, 2010, 11:42 am 11:42 am

Removing the 10% penalty for eary 401K and IRA withdraws would actually HELP common people, and NEITHER party has ANY interest in helping regular people.

Posted by: Russ | September 13, 2010, 11:44 am 11:44 am

Tax cuts really do not matter if you are earning $70,000.00 it amounts to about $35.00 additional dollars in each of your pay checks whith totals about $70.00 per month. What is $70.00 per month now a days, when you have people earning over 1.5 M per year and want more, and are not trickling those profits down to their employees but have frozen their salaries while their profits are higher and higher every year. They abuse their employees by over working them to death and telling them “how lucky their are to be employed”. Thanks a lot Bush, you received a country with plenty of jobs and left the country in chaos and spending money in two useless wars.

Posted by: Maria | September 13, 2010, 11:49 am 11:49 am

That’s true Russ. They don’t want to help, they want to enslave ‘regular people’, so we remain dependent and the elitist government officials remain in power.

Posted by: rob | September 13, 2010, 11:51 am 11:51 am

You can always tell the Republicans on a board like this. They say moronic things that they don’t understand, like: “Teleprompter President” and “Kenyan economics” and “the middle and low income groups DO NOT CREATE JOBS, they take jobs. It is the upper income groups who create jobs and those groups are not going to create jobs in the face of high taxes”.
Look, the wealthy DO NOT CREATE JOBS! Businesses create jobs with their earnings, the wealthy whose income is derived from these businesses AFTER jobs are created. How the HELL do you think the company had the money to pay their top execs those million dollar bonuses in the first place? Oh yeah, that’s right. From the millions of low and middle income folks who bought all the crap they were selling. Now that those groups are struggling businesses need to re-evaluate their wealthy execs pay but do they? Nope, they lay you and me off as the wealthy continue to feed their greed and drive their businesses into failure while blaming a poor economy and higher taxes.
They certainly have you suckered.

Posted by: laferufo | September 13, 2010, 11:51 am 11:51 am

Hey Maria,
Have you ever heard of the Internet? Or considered all the increased commerce that came along with it? What about the 1994 elections when Republicans took over the House and Senate?
So tired of hearing about how Clinton made the economy boom and left us with surpluses… It was technology that made the economy take off in the 90′s, not the government. Obama is doing what Clinton set out to do, but Clinton was restrained by a conservative congress. We can only hope that Obama is similarly restrained in a couple months.

Posted by: rob | September 13, 2010, 11:55 am 11:55 am

Oh and you think the wars in Iraq and Afghanistan are “useless”? I don’t think we should be the world police, but come on already… nothing good has come from those operations? How do you feel about civil liberties and personal freedoms? Do you think those ideals only apply to Americans or are they generally valid for all human beings?

Posted by: rob | September 13, 2010, 11:57 am 11:57 am

Gridlock is not Responsible Governance — Obstructionism is not Solution making— Instead, the GOP’s just say no to everything is the greatest Dereliction of Duty. It is in compromise and Diplomacy that Coalition Answers are brought to a Problem. The Net result of a Massive GOP/Tea Party Win in November will be a 50% share in Governing —- In other words ,more, and Greater Gridlock!!! This is hardly a Result that will do anything good for America.!!! We need Diplomat’s, not Politicians who put their own Party, and reelection, ahead of the Countries Good.What we have seen from the current GOP is Irresponsibility of the highest order !!!

Posted by: brian | September 13, 2010, 11:59 am 11:59 am

@tony – he was quoting Gingrich saying “Kenyan” not Keynesian…it was either an attempt to rile up the birthers or Gingrich misspoke.
Also, since when did Obama say tax cuts were bad (@chance)? He ran on cutting taxes to those making $250k or less. And those making over that are just going back to the tax rate under Clinton (3% higher). And by the way, the favorite “statistic” of the bottom earners not paying taxes is completely misleading. The bottom 50% have no federal INCOME tax liability, but still pay FICA, medicare, SS, state, etc. In fact, their effective tax rate (total taxes paid/total income) is often much higher than the rest of the nation.
Finally, where were all these deficit hounds over the past 30 years? It’s OK to go into debt over wars and tax cuts for the wealthiest 1% of Americans, but not OK when it’s to provide health insurance? And how do you expect to reduce it? Let me guess, it’s the lazy poor peoples fault for using up all those “entitlements”?
Don’t get me wrong, I’m by no means a fan of Obama but this attitude of our team is better than your team is absurd. Stop being so hypocritical and examine the actions of your own party. If your sick of the same system let’s get some candidates in that just don’t toe the party line for politics sake.

Posted by: tony2 | September 13, 2010, 12:00 pm 12:00 pm

Sorry about the duplicate posts, was an accident.
Hey laferufo,
Have you ever been employed by a poor person, or a company owned by a poor person? Yeah, me neither.
Supply side economics is the only economics. There is always demand for stuff, it’s just a matter of how much can be supplied (which dictates cost and availability).
For a more detailed explanation of why America is going off of a cliff, please read “How and economy grows, and why it crashes” by Peter Schiff.

Posted by: rob | September 13, 2010, 12:01 pm 12:01 pm

Hey Tony2,
Nice try with the 50%-not-paying-taxes-statistic. But what I said is true: 50% of the citizens in this country do not pay any federal income taxes. The other 50% do. All of us (who are employed) have to pay the other crap as well.
How about a 10% flat tax for everyone, regardless of income, and no more automatic withholding. I am sure that those who clamor for higher taxes will be a little more concerned how that money is spent when 1)they have to contribute and 2)they have to cut a check every year.

Posted by: rob | September 13, 2010, 12:08 pm 12:08 pm

And if anyone thinks they should pay more taxes, then do so. Nobody is stopping you. Send in a check.

Posted by: rob | September 13, 2010, 12:09 pm 12:09 pm

To digress:
Obama is exactly the president I elected.
Someone above mentions that the universal insurance mandate is making his insurance premiums jump 33% next year. Your INSURER is playing a game of chicken with its policyholders / the American people, because it rightly perceives a state run insurance system as a threat to its profits-in-exchange-for-cruddy-service system. Your insurer is playing the “well gee whiz I didn’t wanna raise your rates but them gumment folks just made me” card to turn you against any step at all toward a single payer system. Don’t give in to the cynicism and don’t accept a world in which people are bankrupted due to the misfortune of having a condition not covered by their insurance policy. We need to stay on the path to universal coverage – a healthy society is a smart society is a powerful society.
Also, do not confuse “health care” with “health insurance.” We have the best medical technology in the world, but the insurer-led means of accessing that technology is totally broken.
Bringing it back home, Boehner’s tactic is a similar game. He and the GOP will try to hold the middle class hostage to the wealthy after the election, and there will be a repugnant tradeoff – maybe cutting unemployment benefits. Who knows what the exact tradeoff will be, but make no mistake there will be one.

Posted by: ben | September 13, 2010, 12:12 pm 12:12 pm

does anyone really even still listens to the president? I mean how many lies can you hear and failures can you see before you just open your eyes and say this man is a fruit cake? How much does he have to destroy before you say hey wait a minute maybe the next job lost will be mine? 6.9 Million jobs lost since the DEMOS took congress in 2007. 15 trillion deficit, 1.3 trillion budget health care cost rising 20% this year alone, and now we read”The number of people in the U.S. who are in poverty is set to increase on President Obama’s watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty.” When is enough enough when for GOD’s sake will America wake up?

Posted by: Wade Johnson | September 13, 2010, 12:14 pm 12:14 pm

Sorry Ben, but you are the gullible one. The government is forcing insurance companies to raise rates with ridiculous mandates. The end game is a single-payer government-run system because the government is going to bankrupt the insurance companies. It’s tactically brilliant, but painfully cruel.
And I’m afraid that you, along with most liberals, don’t understand what insurance is. No pre-existing conditions? How can an insurer operate that way? Can you buy a homeowners policy without an inspection? Can you buy flood insurance when your standing in 2 feet of water in your basement? What they are doing is destroying the private medical industry. And it’s a damn shame because it’s the best in the world.
I get great coverage from my insurance company, and I pay through the nose for it. Once your ideal system is in place, we’ll all pay through the nose for sub-standard quality care.

Posted by: rob | September 13, 2010, 12:19 pm 12:19 pm

Is it not obvious that we already can’t afford the social services the government is trying to provide? The systems are insolvent. So what’s the solution? Another insolvent social services program.
Bunch of geniuses running this circus…

Posted by: rob | September 13, 2010, 12:21 pm 12:21 pm

The 2 longest running wars in American history:
The war on poverty
The war on drugs
Both are dismal failures and should be stopped.
America is great because of our freedom, which is being lost a little bit every day. Without economic freedom, there is nothing else left. Ask a russian.

Posted by: rob | September 13, 2010, 12:24 pm 12:24 pm

What’s that? People other than “the rich” had tax cuts all these years? Now the Dems are “giving” us a tax cut by extending Bush’s policies and are doing it because why? -Because letting us spend our own money is good for the economy and taking our money is bad for the economy. These are the same dolts who said tax cuts were only for the rich and that they were (along with lack of government intervention in all aspects of our lives) the cause of the recession.

Posted by: Chino | September 13, 2010, 12:26 pm 12:26 pm

Newt appears to be referring to the Kenyans against the British Colonial rule. Kenyan, anti-colonial —- My guess he is showing commonality to Obama wanting to change our traditional Democratic rule. Sort of referencing anti-colonial sentiment and the subsequent elections that made Kenya free of British rule.

Posted by: lfrichar | September 13, 2010, 12:30 pm 12:30 pm

Newt appears to be referring to the Kenyans against the British Colonial rule. Kenyan, anti-colonial —- My guess he is showing commonality to Obama wanting to change our traditional Democratic rule. Sort of referencing anti-colonial sentiment and the subsequent elections that made Kenya free of British rule.

Posted by: lfrichar | September 13, 2010, 12:30 pm 12:30 pm

I think it is fundamentally wrong to treat healthcare, just as education and police, as a for-profit business. I believe in an on/off model for health insurance btw. Either you have it or you don’t.

Posted by: ben | September 13, 2010, 12:35 pm 12:35 pm

George is pathetically liberal again —— How can the GOP “blink” when they have been to keep the tax rates as they are for ALL Americans…. they are just syaing they will not penalize the middle class because Obama is holding tax hikess on upper class taxpayers hostage!!

Posted by: TheLoyalOpposition | September 13, 2010, 12:36 pm 12:36 pm

Hey middle class….. who will “employ” you?

Posted by: TheLoyalOpposition | September 13, 2010, 12:38 pm 12:38 pm

Democrats, you are in power. So, I ask, where is your plan (preferrably written) for reducing the ~$130T in debt and unfunded libilities?

Posted by: deanbob | September 13, 2010, 12:43 pm 12:43 pm

Newt appears to be referring to the Kenyans against the British Colonial rule. Kenyan, anti-colonial —- My guess he is showing commonality to Obama wanting to change our traditional Democratic rule. Sort of referencing anti-colonial sentiment and the subsequent elections that made Kenya free of British rule.
Posted by: lfrichar | Sep 13, 2010 12:30:15 PM……….Didn’t the British hold and torture Obama’s grandfather?

Posted by: deanbob | September 13, 2010, 12:45 pm 12:45 pm

The sad part of this story is that once again ABC is pushing the Obama administration agenda “Boehner Blink’s” just the title alone reveals ABC’s Obama Prejudice. The fact is that Obama’s only coping skill is scapegoating. Obama’s economics have failed. He has spent 2 TRILLION in 18 months with no benefit. time for him to shut up ans sit down. Keep him away from the check book.

Posted by: Rick | September 13, 2010, 12:56 pm 12:56 pm

paul—i do goverment contracts and I see the Massive govt waste every day. If you have not walked in my shoes than you have no idea. its that simple.

Posted by: billy bob | September 13, 2010, 12:58 pm 12:58 pm

Simple solution. Obama gets Dems to submit a bill immediately to leave the tax breaks in place for two more years for those with incomes less than a million dollars. The higher taxes coming from millionaires gets split in two. Half of it goes to fund tax breaks or credits for small businesses and the other half goes to pay down the debt. The wording could be as simple as one page and passed in one day. Neither party would dare hold up the passage.

Posted by: MikeMo1947 | September 13, 2010, 12:58 pm 12:58 pm

While we are revising the tax code, we ought to revise the election system so that we avoid having to watch the football (US) game that is the election race every two years. The defense being the party in power and the offence being the party trying to gain seats, and we political junkies watching the “Big Game” in November.
Seems that we only get one year out of two of actual (semi) governing before campaign season starts. Then nothing gets done, everything said by anyone gets spun, and those of us who work for a living who get our information from news snippets and he-said-she-said rows don’t know what to think and don’t bother voting.
As long as the election system is like this no one will ever get any beneficial long view legislation passed because they are too worried about being re-elected.
This leaves the diehard fans of each party making the decisions, and the party that can mobili$$$e their base the best wins.

Posted by: Schooly | September 13, 2010, 1:06 pm 1:06 pm

Gibbs made a comment of how the GOP “cozies up to lobbyists”. funny thing, Obama promised he had “no room in his administration for special interests or lobbyists”. He has over a dozen former lobbyists in his administration. He said 8 different ads against Boehner isn’t a personal attack against him. Gibbs is an idiot.

Posted by: lfrichar | September 13, 2010, 1:30 pm 1:30 pm

A potential republican compromise with the democrats is considered a “blink”. Geez! Get over yourselves. Better yet–Voters: you know what to do in November. Vote the incumbents out.

Posted by: MBA | September 13, 2010, 1:35 pm 1:35 pm

Ben,
My guess is that you think it’s fundamentally wrong to treat anything as a for-profit business. I mean, you forgot to mention food, water, electricity, sanitation…
Come on man, if you’re a socialist/communist just admit it? Why are liberals so afraid to be who they are?

Posted by: rob | September 13, 2010, 2:03 pm 2:03 pm

It’s refreshing to hear the $250,000 and over crowd agreeing to the 3% tax
re-adjustment that would happen anyway…when the BUSH tax give away runs it’s course. These are patriotic people…Not the T-Bag party types who wave the flag then cheat on there taxes.
Sorry, no matter what FOX Noise say…If you don’t want to pay taxes, you can’t say your for the Troops.

Posted by: Blackie | September 13, 2010, 2:22 pm 2:22 pm

Chap — Wow Chap…almost believed you until I started reading what you posted. Right into the typical liberal mantra. Remember, it’s been the Republicans trying to keep tax cuts for everyone! Until just recently Obama didn’t want to keep any tax cuts. After that you went right into comments like neo-con which meant you were no longer worth reading. Nice liberal BS though from what I saw.

Posted by: mikemcdon321 | September 13, 2010, 2:24 pm 2:24 pm

This is all just political for the Nov. election. Remember no tax cuts, it would not help anyone, just government spending? Don’t fall for any of this.

Posted by: Freedom | September 13, 2010, 2:29 pm 2:29 pm

Hey Blackie,
Which members of the president’s cabinet went and joined up with the tea party? Oh sorry, you said something about patriots cheating on their taxes and several prominent democrat’s just popped into my mind.
See, us patriots out here in realityland don’t mind paying taxes for the troops… we just don’t like paying taxes for unconstitutional social welfare.

Posted by: rob | September 13, 2010, 2:34 pm 2:34 pm

The Bush tax cuts will expire for everyone on schedule. The political environment is so toxic right now that the only outcome is gridlock. Both sides will blame the other. The end result will be a slowed recovery and reduction in the deficit.

Posted by: Greggw | September 13, 2010, 2:39 pm 2:39 pm

“”"”"Not the T-Bag party types who wave the flag then cheat on there taxes.”"”"
Posted by: Blackie
You should take a look at the tax cheats in this administration there Einstein. Wake up!

Posted by: lfrichar | September 13, 2010, 2:41 pm 2:41 pm

Blackie —- According to your statement “”If you don’t like paying taxes, you’re not for the troops”" many of us wouldn’t be for the troops. Nobody actually LIKES taxes. I don’t like them and I am a retiree from the military, but I support our troops all the way. Paying our fair share is one thing, paying for generational welfare recipients is totally another.

Posted by: lfrichar | September 13, 2010, 2:45 pm 2:45 pm

Why should there be a compromise? Take a vote to extend the BUSH tax cuts for ALL before November. List who voted yes, who voted no and who did not bother to show-up. Work things out from that point.

Posted by: Tess | September 13, 2010, 3:21 pm 3:21 pm

Rob,
Sorry, missed what you had said earlier, I was actually replying to a comment earlier in the thread. But my point on effective tax rate still holds. I’m not just referring to what is deducted on a paycheck. I’m referring to ALL taxes (from your paycheck to the gas you pump in the car). When all those taxes, and there are a lot of usage taxes out there, are added up the poor and middle class pay a higher percentage of overall income. For example, filling your tank up takes a bigger chunk out of the bank account when you only earn $20k a year.
I would agree with you in principle on a flat tax, but I think the issue of how people define income would still be a problem as it is now with a progressive system. The top 400 earners in this country pay an income tax averaging about 16% – far less than most of the middle class. This is because of the way they derive their earnings. Buffett doesn’t draw a very large paycheck, but he does earn a ton in dividends, long term capital gains, etc. which are at a lower rate. So it all depends on how you define income. A bonus? Lottery? Benefits? Capital gains? Dividends? 401k? What exactly would be considered income? Because right now the only difference between a flat tax and a progressive tax is looking up a percentage in a chart. If you are suggesting that ALL earnings are considered income (no loopholes) then I would agree. That or any thoughts on a national sales tax instead of any income tax at all?

Posted by: tony2 | September 13, 2010, 3:35 pm 3:35 pm

Posted by: Tess | Sep 13, 2010 3:21:15 PM ********* You ask, “Why should they compromise?” then you go on to ask why they don’t give the Republicans their way. The answer is simple; the Republicans lost the 2008 election. Republicans will do what they can to obstruct extending tax cuts for the middle class because the tax cuts for the rich are more important to the Republicans. The result will be that no bill to extend tax cuts will get passed and the Bush tax cuts will expire on schedule.

Posted by: Greggw | September 13, 2010, 3:43 pm 3:43 pm

I would like to ask Boehner Blink can you explain in simple english language how do you plan to give tax cuts to the middle class when already we Americans are living pay check to pack check. I dont think you know this, fourty percent, do not have accounts in the banks all they do is go to check and cash, and live their lives. Where is their savings,S.S.is nothing.Thirty -Five percent make 18,000 to 20,ooo per year. Its like counting your earned dollars before you spend.What is the persentage of a wealthy middle class can draw at the most per year, and what is the base of tax cuts you are talking about.Its been the same for the last fifteen years nothing has changed at all.

Posted by: keith | September 13, 2010, 3:55 pm 3:55 pm

The reason you know Obama is lying again is that he has not offered to exclude the 750,000 impacted small businesses that file as individuals and then only restore the old tax rates for individuals in the > 250k.
Obviously they (the IRS) can distinguish between the two because they have already identified and counted the 750k small businesses.

Posted by: panola | September 13, 2010, 3:57 pm 3:57 pm

I don’t think Boehner blinked. He has been pushing for extension of the Bush tax cuts all along. The middle class cuts is one piece of it. Though necessary, extending the middle class cuts won’t do much for the economy. Families struggling today and not spending, will be in the same boat when tax cuts are extended because we are just preserving the status quo. We need to cut government spending and give businesses an incentive to start hiring again for the long term. How about disallowing deductions (or adding tax penalties) for business expenses associated with off shore operations, but doubling the deduction for creating U.S. jobs or for selling products made here with primarily U.S. made parts for the first two years? Extend the tax cuts for individuals and families with incomes up to $1,000,000 so small business owners and farmers are not adversely affected. When the middle class cuts get passed without the rest, let’s see where the economy is a year from now and only then will we know which approach (all or only some extended) was right.

Posted by: Pat | September 13, 2010, 4:30 pm 4:30 pm

I guess the GOP thinks that Warren Buffett could use another Ivory Back Scratcher (i.e. Mr. Burns). I doubt that Warren Buffett, or Bill Gates, Bill Clinton, George Soros, Oprah Winfrey, Derek Jeter, and a whole host of other billionaires really will be hurting if they have to pay their taxes. As Mr. Ted Kennedy stated, with privilege comes responsibility. Well the list above is just a partial list of those who could it. If the recent purchase by Brad and Angelina of an Italian villa doesnt prove that the rich don’t live on the same planet the rest of us do, I guess nothing will.

Posted by: Mike T | September 13, 2010, 4:34 pm 4:34 pm

Boehner has just learned the hard way that NO RESPONSIBLE PERSON ever gives in to the extremist plans and policies of the lunatic-left d-crat socialists. There is ALWAYS a better way.

Posted by: TeaPartyPatriot | September 13, 2010, 4:39 pm 4:39 pm

If the Republicans can arragen for me to make over $250K a year at my job, then I will support their position and vote for them.
With corporate down-sizing I’m already doing the job of 10 managers and support staff in addition to my primary job.
Since the Republicans seem to support corporate welfare, I’m sitting here waiting for that government check.

Posted by: Wayne | September 13, 2010, 4:54 pm 4:54 pm

Melissar, I concur that it would be better to give to pay for utility/food bill than to take a vacation, but to give the money to the middleman (the government) isn’t the wisest way to give. How about when the government decides that you should continue to keep your tax cut that you seek some of the needy on your own and give to them personally. That my friend will provide you and the receiving families the true gift of giving and you without a doubt will benefit the most. Now if you give to the government, do you think that they will use it more wisely than you?

Posted by: gerryb | September 13, 2010, 5:05 pm 5:05 pm

Some of you don’t seem to be aware of what this is about.
(1) During President Bush’s administration the tax rates were changed for all taxpayers DOWN…NOT just the wealthy.
(2) President Obama and the Democrats have been declaring how evil those tax cuts were and wanted them to expire which means tax rates go UP.
(3) Reality has set in for those named in #2, some of them now want to leave some of the tax cuts in place. Namely for all but singles making $200K+ and couples making $250K+. Some want all to expire. Rates for those that expire go UP; those that are extended stay the same.
(4) The Republicans have said all should remain in place. Which means all brackets go UP.
(5) Reality has set in for persons named in #4; some now are considering letting the ones for less than the $200K/$250K folks stay in place. Some still want them all to expire.
Summary: If nothing changes, all the cuts expire and tax rates for ALL go UP. If the Democrats and Republicans can get their butts out of their respective party’s backside, they MAY let some expire which means tax rates go UP for those brackets and some may be extended which means tax rates stay the same for those brackets.
I hope I got that right. :-(

Posted by: malcat | September 13, 2010, 5:10 pm 5:10 pm

DRAT…got #4 wrong. Republicans want ALL the tax cuts to be extended, which means ALL stay the same.

Posted by: malcat | September 13, 2010, 5:14 pm 5:14 pm

A cyber-space jelly bean to all that can find anymore errors.
;-)

Posted by: malcat | September 13, 2010, 5:15 pm 5:15 pm

I still say that we need to get rid of all of the stupid taxes like the right to work in your own country, what the hell why do we have to pay the cities and counties to work in them? Why should we have to pay to work anywhere in this country. And why are we made to pay taxes to go see a show or a movie or any intertainment. The taxes keep going up and they keep making up more taxes for us to pay. And are the tax cut going to finnally be for the low and the middle class or are all of the lawyers in Government going to twist ot all up and scew us over again and the people who get profits from the bail out money going win over and get the tax breaks and we will have to go back to busting our butts to keep our homes. You watch it will end up being a temperary thing for us and it will go right back in favor of the rich, because you know it would be to hard for them to live on 1 or 2 million a month rather than their regular 3 or 4 million a month, I would be happy to have my 2,400 a month job back but that doesn’t seem to be happening, because these big buisnesses are really taking advantage of this economy and are now only paying min wage, lol yea the rich keep on getting richer. The banks lowered their intrest rates but lol they are not giving any loans out or mortages, You have to be a nunn to get aproved for a load or mortage, the intrest rates finnally get where people can maybe aford a home and they won’t give you the loan, itn’t that nice and we are the ones who are bailing them out every year nice isn’t it? I say let them go down there will be another bank or buisness to take their place we don’t need to keep saving the same ones over and over again. while they sit on their house boats, and going on vacations from one mansion to another, they might spend 5 or 6 months out of the year in the office, but we are just suppose to shell out billions of dollars to them at the end of the year because they need their bonus for what I don’t know. If the buisness isn’t making enough money to give you your big bonus then some thing is wronge and you shouldn’t get one. these guys with small buisnesses if they have a bad year they don’t get a bonus or go on vacation, and they don’t ask the tax payers to pay for it. We need to take back our government and stop this corp. world sucking off our pay checks along with the government officals.

Posted by: Edward | September 13, 2010, 5:19 pm 5:19 pm

I guess it’s time to just ignore people that make such stupid statements as Gingrich did. As for the tax cuts, many millionaires are okay with letting the tax cuts expire. Maybe they should just make the limit above $500,000 to include a few more small business owners. But we won’t pay for Evan Bayh’s tax cuts…I’m sorry…he’s doing pretty well.

Posted by: Lolly Thomas | September 13, 2010, 5:33 pm 5:33 pm

I really don’t know what tax cuts they are talking about because i haven’t seen any in this great state of PA infact all of our state officals and county officals have voted in their pay raises like there is nothing wronge with the economy,so yea our tax cuts, they must not be much because i haven’t seen any difference, I still lost my house and my job, and I haven’t heard any thing that they are doing in this city to help find jobs, infact they have DEP going after what jobs are out there and trying to shut them down for one thing or another nice wright. Yea I will beleive it when I see it.

Posted by: Edward | September 13, 2010, 5:33 pm 5:33 pm

BLINK BOEHNER BLINK… It is simply Disgraceful & Pathetic that he has to be shamed into doing the right thing!!! Americans come in “ALL” income brackets…races…beliefs…. apparently they even come in the shade of Rust-Bucket Orange…regardless we are not a Nation of “WHINERS”… So you Americans Billionaires…PAY YOUR TAXES….at the end of the day..you will gain it back in Interest or write it off anyway…. an Maybe…just maybe… you can see America through the “HEARTS” of regular everyday people!!!

Posted by: LAUREN | September 13, 2010, 5:36 pm 5:36 pm

George, you look more and more like you are looking for a job with this President. Stop acting like
chris Matthews.

Posted by: Robert Brown | September 13, 2010, 5:51 pm 5:51 pm

Edward, these are federal taxes. The cuts were implemented years ago during the Bush administration.
They are set to expire soon. If all expire, everyone’s federal tax rates go higher.
If they extend them, the rates stay the same as they are this year.
Good luck finding a job….it’s rough I know.

Posted by: malcat | September 13, 2010, 5:58 pm 5:58 pm

Well MellisaR and PaulaT, the vacation that you don’t take pays for people in the airline industry, and affects the local economy where you vacation, where many jobs depend on your vacation. So, by not taking it, you are taking money out of the economy, taking away jobs, and giving it to politicians who will use it to bail out more CEOs and direct it to buddies in Unions etc. Only a very small percentage of your tax is preventing starvation here in the US.
I think that moving to 1M per year separates out the rich from the successful middle class and I would be in favor of that, but in general government takes too much as it is. I have to balance the budget of my small business each month and I will do so by laying off marginally productive employees to offset tax increases. I cut expenses. The federal government needs to do the same – particularly with entitlements and some military cuts. Fiscal collapse if a much great threat to this country than Al-quieda.
I think it is wonderful and ethical to give money to those who need it. I view it as unethical to force a third party to give money to certain people that you favor. That is what the government does with taxes, under penalty of imprisonment. A small amount is ok but when the sum of the taxes approached 50% of one’s earned property each year, it looks like a mafia “protection money” racket.

Posted by: Sam | September 13, 2010, 6:04 pm 6:04 pm

Obama’s socialist economic policies so far have been a disaster. His predictions have been wrong. Now our country has massive new debt and nothing to show for it. So why would anyone thing that his tax raising class warfare solution, another plank in the socialist tax-and-spend agenda, will succeed? So he can throw more bene’s to the Unions bosses?

Posted by: Sam | September 13, 2010, 6:13 pm 6:13 pm

George, why do you insist on asking these inane questions? Gingrich is quoting something from a “birther”. Please start give us the news NOT making the news.

Posted by: Dumbarses | September 13, 2010, 6:21 pm 6:21 pm

Anybody making over 200k per year who wants to do chartitable things with their earned property should look to give directly to a worthy cause such as a food bank, shelter, etc.
Look at the politicians this country has had. Look at the scandals, graft, nepotism, waste, payoffs, etc on both sides of the aisle. Do you really think your earned money is better spent in the hands of these people rather than by directing it yourself to a worthy cause where 100% of what you give will support those projects that you wind most in need?
When you speak for a tax increase, you are speaking about taking away other people’s money. Giving is ethical; taking others’ property by force is sketchy at best. Don’t you want the freedom to do with the products of your effort what you wish? Just look at the comments here vilifying “the rich” – the “rich” who are contributing a significantly parger percentage of their salary to taxes than others. Those “rich” are subsidizing everyone else, but in place of respect they get scorn and envy. This is a sad state of affairs and exacerbated by the current administration who stirs this stuff up the same way Al Sharpton does race issues.

Posted by: Sam | September 13, 2010, 6:37 pm 6:37 pm

Boehner, Mitchell, McMaverick and all the other 240 millionaire Congresspersons of course are concerned for us!
There isn’t one person in congress who doesn’t make at least $250,000.
Nor will there be if we elect all the new candidates for office! ….Rand, Sharon, Sarah, Joe, Glenn, Jan Bbbbrew, hot air TEA bags! They’re all advocating for the rich tax breaks!

Posted by: BarbWire | September 13, 2010, 6:45 pm 6:45 pm

“Nothing can be more absurd than the practice that prevails in our country of men and women not following the same pursuits with all their strength and one mind, for thus the state instead of being whole is reduced to half.” Plato
I feel a social responsibilty to pay taxes. I don’t need a tax break because I live within my means and because I have already had a “break” in life. I can’t be concerned about misappropriations because I can’t do anything about that. What I am concerned with is my conscience and how I feel at the end of the day about my contributions to this life. I still believe in the idea of government and I am still very grateful to have been born in the U.S.
In response to billybob and sam, if I had less money to spend on vacations then I would probably stay within the Continental US and thus actually be stimulating the economy.
In response to gerryb, I gave over 10% of my income to charitable non-profits last year and you’re right it feels good.
In response to MeAndI, you crack me up. Have a nice day :)
“Justice in the life and conduct of the State is possible only as first it resides in the hearts and souls of the citizens.”

Posted by: melissar | September 13, 2010, 7:22 pm 7:22 pm

ll of the voices you hear cursing Obama and the president are right. Obviously the president wants to see more Americans lose their jobs. It’s not in his elite mindset to over see our country succeed. That is why he wants to continue tax cuts for 98% of Americans. Giving them more money to spend at the same time create more job opportunities. Of course every policy he puts forth is held hostage by the Republican party and several Dems. The opposition wants what is good for our country more than the president. What are their ideas? Other than to say the presidents ideas are bad for the country. Where are their counter proposals? ThiMk SHEEPLE. Don’t baa against your own best interests.

Posted by: secreg756 | September 13, 2010, 8:26 pm 8:26 pm

Alms for the rich! Alms for the rich! Please please please don’t tax the rich. Everything will shut down and no one will be able to lead the dumb peasants to run anything. Woe is us.

Posted by: insidiation | September 13, 2010, 9:28 pm 9:28 pm

my brothers and I own a construction business in midwest~ we have been in business for 45 years~ this year was biggest ever. employees now get medical, hired 3 more workers due to incentives. with over $5 million in sales we are nowhere near getting hurt by the $250000 income limit pushed by Obama. My guess the ones that are close to hitting that limit are big business that export jobs out of country.
the people who actually hire will not be hurt at all!

Posted by: john | September 14, 2010, 1:15 am 1:15 am

Rep.John Boehner’s statement that he would vote for an extension of the middle class tax cuts.
The best thing you have said for all of 2010 your on the right track Boehner!
Now if you can get the rest of the GOP to fellow your statement do away with bush tax cuts for the wealth!
The Rich stay Rich and the middle
class stay broke in the USA”!
Remember that for 2012
Rep.John Boehner!

Posted by: Brendett NC | September 14, 2010, 7:40 am 7:40 am

Without Greed and Lust for power, this would be a no brainer. Come on people… During the 90′s we had growth, REASONABLE taxation and NO DEBT. My Vet friends and me are sacking up Weapons, ammo, survival gear and cash. Dem’s and Repubs, alike. The economy is gonna free fall, if we don’t pay down the debt. Where is the Elder Bush when we need him?

Posted by: Ed Reynolds | September 14, 2010, 10:15 am 10:15 am

Tony2 -
Thanks for a thoughtful response. I guess my main point is that it’s very easy for people to say “yeah higher taxes on the rich”, when they won’t be affected by it. If we’re going to have a federal income tax (which I am against) then everyone should be paying into it. Whether it’s through a flat tax or a sales tax, either way is fine. But those who don’t pay shouldn’t have a say. No skin in the game.
And the real point again is that the government is doing to much. They continue to institue social programs that cannot be paid for. If that was not the case we would have no deficit. Instead the policitians will do anything to retain power, so they promise everything to everyone and debase our currency to ‘pay’ for it.
We are going to have a currency crisis very soon which will make all the other economic bubbles look like good times in restrospect.

Posted by: rob | September 14, 2010, 10:19 am 10:19 am

This just shows how bad the repubs and dems in Congress are. Compromise! Everyone under half a million a year keeps their tax breaks and those higher don’t. The extra tax revenue goes half to tax breaks for small business and half toward our national debt. This small increase in taxes for those making a half million or more. Both sides need to compromise and get this done in less than a week. Anything greater is caused by elected officials that our more interested in sticking to party lines than the American public.

Posted by: MikeMo1947 | September 14, 2010, 7:15 pm 7:15 pm

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