Pelosi sees no justification for high-end tax cuts

[ProSense]

Source: Reuters

WASHINGTON (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi said on Thursday there is "no justification" for extending tax cuts for the wealthiest Americans, saying the nation cannot afford the price tag.

Democrats largely back President Barack Obama's plan to extend lower taxes for middle and lower income groups only, but a small minority favor renewing tax cuts for all Americans, including the wealthiest three percent.

<...>

Some compromises have been floated, including a one-year or two-year extension for the top income groups, but Pelosi has stood firm against them.

"I see no justification for giving a tax break, going into debt with foreign countries to underwrite the subsidized tax cuts for the wealthiest people in America," Pelosi told reporters.

Read more: http://news.yahoo.com/s/nm/20100916/pl_nm/us_usa_pelosi_taxes_2

[SILVER__FOX52]

1. Hold your ground, Nancy.........

She has mose balls then most of the men in Washington. She's great.

[savalez]

8. Exactly. That's why Pubtards are always going after her.

[jillan]

2. This is a winner for the Democrats and I am hoping that Nancy realizes that.

Be strong, Pelosi!!

[pleah]

3. Now, go slap Hoyer around a bit! n/t

[Hulk]

4. I want to know WHO is waffling?

I keep hearing this "a handful of democrats.." crap. WHO are these handful? I'd like to talk to them...and if MY representative is one, I'd REALLY like to talk to them.

How about some specifics on this? Can't do anything but sweat if we don't know who we are talking about, and how many.

[nyc 4 Biden]

7. here you go...

courtesy of AtomicKitten & TPM

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=433x444689

31 Democrats signed a letter in support of extending tax cuts to everyone.

The signers are:

Rep. Jim Matheson (UT)
Rep. Gary Peters (MI)
Rep. Melissa Bean (IL)
Rep. Glenn Nye (VA)
Rep. Michael McMahon (NY)
Rep. Lincoln Davis (TN)
Rep. John Salazar (CO)
Rep. Brad Ellsworth (IN)
Rep. Dan Boren (IN)
Rep. Jim Himes (CT)
Rep. John Barrow (GA)
Rep. Ron Klein (FL)
Rep. Zack Space (OH)
Rep. Jason Altmire (PA)
Rep. Allen Boyd (FL)
Rep. Joe Donnelly (IN)
Rep. Jim Cooper (TN)
Rep. Frank Kratovil (MD)
Rep. Mike McIntyre (NC)
Rep. Earl Pomeroy (ND)
Rep. Ann Kirkpatrick (AZ)
Rep. Jim Marshall (GA)
Rep. Stephanie Herseth-Sandlin (SD)
Rep. Sanford Bishop (GA)
Rep. Mike Ross (AR)
Rep. Rick Boucher (VA)
Rep. Harry Teague (NM)
Rep. Travis Childers (MS)
Rep. Walt Minnick (ID)
Rep. Harry Mitchell (AZ)
Rep. Jim Costa (CA)

[DesertFlower]

5. the higher tax will hit nancy

and many other dems. why is it they don't mind paying their fair share?

[CountAllVotes]

6. good on you Nancy Pelosi!!!

n/t

:kick: & recommend.

[flamingdem]

9. Props to Nancy Pelosi! nt

[leschwartz]

10. WHIP COUNT: DINOs in favor of extending all Bush tax cuts

http://thehill.com/homenews/news/119293-whip-count-democrats-in-favor-of-extending-all-of-the-bush-tax-cuts

By The Hill - 09/16/10 03:25 PM ET
The following Democrats have come out in support of extending all of the George W. Bush-era tax cuts. A full extension of the tax cuts would include those individuals making more than $200,000 and families making more than $250,000. This list will be updated as more members make their position known.

House:
Mike Ross (Ark.)
Ann Kirkpatrick (Ariz.)
Harry Mitchell (Ariz.)
Jim Costa (Calif.)
John Salazar (Colo.)
Jim Himes (Conn.)
Allen Boyd (Fla.)
Ron Klein (Fla.)
John Barrow (Ga.)
Sanford Bishop Jr. (Ga.)
Jim Marshall (Ga.)
Walt Minnick (Idaho)
Melissa Bean (Ill.)
Joe Donnelly (Ind.)
Brad Ellsworth (Ind.)
Frank Kratovil (Md.)
Gary Peters (Mich.)
Travis Childers (Miss.)
Mike McIntyre (N.C.)
Earl Pomeroy (N.D.)
Harry Teague (N.M.)
Mike McMahon (N.Y.)
Zack Space (Ohio)
Dan Boren (Okla.)
Jason Altmire (Pa.)
Stephanie Herseth Sandlin (S.D.)
Jim Cooper (Tenn.)
Lincoln Davis (Tenn.)
Jim Matheson (Utah)
Rick Boucher (Va.)
Glenn Nye (Va.)

Senate:
Joe Lieberman (Conn.), an Independent who caucuses with Democrats
Evan Bayh (Ind.)
Ben Nelson (Neb.)
Jim Webb (Va.)

[leschwartz]

11. Poll: Most Americans Want Tax Cuts for the Rich to Expire

http://www.cbsnews.com/8301-503544_162-20016602-503544.html?tag=cbsnewsMainColumnArea

September 15, 2010 6:30 PM

Poll: Most Americans Want Tax Cuts for the Rich to Expire

[leschwartz]

12. The time has come to get rid of these Blue Dog DINO "democrats"

These people are the problem.

They make the Democratic agenda impossible.

They facilitate every single thing most Democrats do not want, wars based on lies, and Decmocrats losing on every policy issue even when they have a majority in congress.

When are we going to give these Blue Dogs the boot?

[leschwartz]

13. How about an "Iron boot" party, to kick their asses out of office?

How about an "Iron boot" party, to kick their asses out of office?

I can't start a thread on my on at this point as a new user and I am certain this issue has been raised before.

How do we get rid of these DINOs?

[rocktivity]

14. No one with more than two functioning brain cells

sees any justification for high-end tax cuts.

:headbang:
rocktivity

[Fool Count]

15. Can someone tell me, what is the justification for any tax cuts?

And don't give me that crap about how raising taxes in a recession is supposed to be
bad for the economy. The government is currently the most reliable and robust investor
and employer. How is taking money from someone who continues to invest and employ
people and giving it to those who with high likelihood will just sit on it or, even worse,
move it abroad is supposed to help the economy? Just wondering.