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View Diary: Obama/Dems COULD be in better negotiating position in 2 months (51 comments)

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  •  I'd say the rate is pretty much off the table... (12+ / 0-)

    but making sure all the folks who should be paying that rate are paying that rate - ie closing loopholes, havens etc - is definitely on the table.  

    I think it would be politically tough to say "We raised their rates 3%, and now we want to raise them some more now".  But it's an easier argument to say "if you are in the top bracket, you shouldn't be able to exploit specially created loopholes, dodges and deductions in order to pay less than your secretary".  

    First move was to increase the rate.  Second act will be to close the loopholes to see that everybody pays their bracketed rate.  

    President Obama would have been a Republican in the 1980's.

    by Jacoby Jonze on Tue Jan 01, 2013 at 10:23:35 PM PST

    [ Parent ]

    •  OK, so do we know how much (0+ / 0-)

      revenue can be raised from that?  if this smaller deal got us half way there to the deficit reduction of 1.3 trillion needed to avoid sequester, how much of the closing loopholes revenue is out there?

      I like Michelle more than Barack.

      by duha on Tue Jan 01, 2013 at 10:46:40 PM PST

      [ Parent ]

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