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View Diary: Chained CPI is a Cut. You Either Care About People or You Don't. (365 comments)

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  •  Yes but these have nothing to do with tax rates (8+ / 0-)

    This whole debate is about tax rates.  Let them go up already!  We shouldn't be tying other issues to the tax rates.  That is a recipe for getting nothing done or making really awful deals under duress.

    "The real wealth of a nation consists of the contributions of its people and nature." -- Rianne Eisler

    by noofsh on Wed Dec 19, 2012 at 09:25:01 AM PST

    [ Parent ]

    •  All of those things happen at the end of the year (0+ / 0-)

      No deal and no unemployment extension, the targeted tax breaks go away, 8% across the board cuts in domestic programs.  

      Any deal that is made will most likely include continuing unemployment extensions, continuing the targeted tax breaks, restoring some of the domestic spending as well as addressing tax rates.

      Going over the cliff means putting all of those at risk.  Really the tax rates are the least of my concerns.  I think it is pretty likely they will be restored in the new year.  I think it is much less likely that unemployment insurance extensions will be, that the targeted tax breaks will be, that domestic spending will get restored to the levels we might get if we get a deal now.  

      Like I said it is all a choice because some hostages are going to die here so to state with absolute certainty either  you care our you don't because someone is willing to look at all options seems way to pat an answer  to me.

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