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View Diary: Democrats happier than Republicans with fiscal cliff deal (190 comments)

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  •  er...to begin with (6+ / 0-)

    if "the middle class" includes 250K-400K, that's one hell of a country you're living in, and I'd love to live there.

    secondly, the estate taxes and the capital gains taxes remain at fucked-up Bush levels. And that's where the 1% keeps most of their money.

    I think Obama should have sat there and let the damned taxes expire, then immediately upon swearing-in of the next Congress, reinstate them on the actual middle class, and dare the Republicans to vote against them. But done is done.

    if necessary for years; if necessary, alone

    by SouthernLiberalinMD on Mon Jan 07, 2013 at 04:40:20 PM PST

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    •  Indeed. (5+ / 0-)

      If you were in Obama's exact position, would you have made out better? Some critics believe they would have made out better, if they'd been in Obama's exact position during the fiscal-cliff deal. And, for all I know, their reasons may be good.

      Myself, I'm noting incredulously that Obama got an old-style PROGRESSIVE tax through a gridlocked congress. He also raised capital-gains taxes--not as high as we'd hoped they'd go, certainly, but for the first time in 20 years, he sure did get them higher.

      Now, if you don't have compelling reasons why you'd have driven a better bargain than what Obama got in the fiscal cliff deal, then I'd invite you to go back to living in that place where everything has to be 100% on the very first go, or it's just not worth attempting. (Geez, it must be dark in there...)

      Myself, I am looking at Obama's track record, and I see lots of precedent. I believe we'll get further with reforms, and with progressive taxation, if we understand playing for the long term.

      It's here they got the range/ and the machinery for change/ and it's here they got the spiritual thirst. --Leonard Cohen

      by karmsy on Mon Jan 07, 2013 at 05:07:31 PM PST

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