They REALLY, REALLY Want These Tax Cuts... New Compromise With Sweeteners...

[WillyT]

Tax Cut Bill: WH, Lawmakers Reach New Compromise
DAVID ESPO | AP/HuffPo
12/ 9/10 09:31 PM

<snip>

WASHINGTON — The White House and key lawmakers cleared the way Thursday night for swift Senate action to avert a Jan. 1 spike in income taxes for nearly all Americans, agreeing to extend breaks for ethanol and other forms of alternative energy as part of the deal.

Tax provisions aimed at increasing production of hybrid automobiles, biodiesel fuel, energy-efficient homes, coal and energy-efficient household appliances would be extended through the end of 2011 under the bill.

Debate on the expanded measure began almost immediately. While there is no precise timetable for passage, a test vote was set for Monday afternoon that appears likely to demonstrate overwhelmingly support for the legislation, which supporters say would help accelerate a sluggish recovery from recession.

The events unfolded as the White House predicted that the agreement between President Barack Obama and top Republicans would clear by year's end – even though House Democrats voted Thursday not to allow it to reach the floor without changes to scale back tax relief for the rich.

"If it's take it or leave it, we'll leave it," said Rep. Lloyd Doggett, D-Texas, after a closed-door meeting in which rank-and-file Democrats chanted, "Just say no."

"The deal will get passed," said presidential press secretary Robert Gibbs. There were no predictions to the contrary among senior Democrats on either side of the Capitol.

<snip>

Link: http://www.huffingtonpost.com/2010/12/09/tax-cut-bill-white-house-passage_n_794798.html

Sounds like they ignored the House AGAIN!!!

Just say no... just say no... just say no !!!

:kick:

[DJ13]

1. agreeing to extend breaks for ethanol and .....

Oh good, keep the price of corn high as the poorer households get a small tax increase in this deal.

[robinlynne]

12. Dont forget the Bush family is heavily invested in ethanol. I think it is Jeb

who controls the ethanol producers' association or one of the BUsh brothers.

[leftstreet]

2. Just Say No!

K&R

[Hannah Bell]

3. if they don't get them it screws up their plans to declare the country Bankrupt & force

it into imf-type loan deals from which they also make money.

[Tansy_Gold]

4. exactly. n/t

[dkf]

5. So you think we are headed for an IMF intervention?

I do.

[Hannah Bell]

8. no, i think financial interests are trying to rig the game to force the policies they want.

[Zoroastor]

14. well, that's the goal of the global capitalists

[dkf]

6. Oops.

[TheKentuckian]

11. Now, that is thinking.

[nashville_brook]

22. that is the gods honest truth.

[glitch]

23. b i n g o and bingo is their name-o. nt

[Autumn]

7. More giveaways. Maybe by Monday

they can squeeze out even more. I'm sure they can think of a few more over the weekend,they will be more relaxed.

[Zoroastor]

9. As much as I'd hate to increase taxes on the working class...

... sticking to our guns now is the better move. Only 26% of Americans want the tax cuts extended to the wealthy anyway. http://cons-lie.com/2010/12/04/only-26-of-americans-want-tax-cuts-extended-for-wealthy-apparently-they-are-the-same-26-who-turned-out-to-vote-last-month/

Republicans would come off looking like the ones who denied the extension to the middle and working class. However, if we let this pass, and try to blame the subsequent deficit spike on republicans, too much time will have passed for most americans to make the connection in the face of right wing misinformation campaigns

[robinlynne]

13. The tax breaks we would get are so small. I would really rather see the money go to feeding

people and creating jobs.

[Zoroastor]

16. agreed!

most of the people in the worst case scenario don't pay much, if any, income taxes anyway.

[glinda]

19. You forget that Companies will then charge more and make the majority feel

like they are suffering even more. They will squeeze them even more to make them complain. It is a brutal game and most of the American people are the volleyball. Just to maintain this teeny little group of uber-wealthy.

[robinlynne]

26. Are you saying that giving tax breaks to the wealthy will make companies charge less?

I dont think so.

[Dappleganger]

10. Cha-ching!

Everybody gets a pony...except the pony for the people who need it most will die in a year's time.

[pa28]

15. They really want that tax break and they'll be willing to make actual concessions to get it.

If we just sit back with our arms crossed I think we'll get a really magical Christmas gift.

The sight of Republicans groveling . . . for once.

[Pholus]

17. You don't say. The pugs might give more? I thought the Prez barely eked out the last deal?

What about all the negotiation ju-jitsu and hyperdimensional chess calculations...

So, the House Dems appear to have done alright. If only the Prez takes notice on this.

Edit: Tried to make it more positive in general.

[tinrobot]

18. We don't need no stinking ethanol.

[CoffeeCat]

20. It's like crazy, dysfunctional parents...

...trying to bribe the scapegoat of the family with a few more trinkets--so the
favorite child (who is sociopathic and dysfunctional just like the parents) can have
a Mercedes and a condo in Bora Bora.

"Come now. We must let Biff drive a nice car. You know how he whines when he
doesn't get his way. Please darling. We'll throw in a $25 Target gift card
for you and a pack of peanuts. You love peanuts, don't you?"

Seriously.

[eleny]

21. Reminds me of the Twilight Zone episode, It's a Good Life, about the demanding kid

He never stopped his demands.

Do as I say - or else.

[glitch]

24. More of the DAMN SHAME. nt

[WillyT]

25. Morning Kick...

:kick:

[Motown_Johnny]

27. Corn based ethanol is an experiment that failed decades ago

it is way past time to lay that one to rest

[Renew Deal]

28. The Senate is more powerful than the House.

So that makes sense.

[WillyT]

29. Afternoon Kick !!!

:kick: