Skip to main content

A senior administration official said the White House would make no new offers until Republicans changed their opposition to raising top tax rates.

Of course, the WSJ buried the lede and spent several paragraphs talking about what the Republicans said. But go back and read that blockquote, folks.

Until the GOP agrees to raise taxes on the 2%, the White House will not make another offer. And that's from a Murdoch rag.

If you want to know what Admiral Ackbar's evil twin had to offer, it is below the Orange Squiggle of Power.

Mr. McConnell (R., Ky.) said bipartisan agreement on higher Medicare premiums for the wealthy, an increase in the Medicare eligibility age and slowing cost-of-living increases for Social Security could move both parties closer to a budget deal that averts the so-called fiscal cliff, the combination of spending cuts and tax increases that start in early January unless Washington acts.

In return for the support of Democrats, he said, Republicans would agree to include more tax revenue in a budget deal, though not from higher rates.

So they'll agree to cut deductions which mainly benefit the middle and upper middle classes, in return for cutting spending which mainly benefits the middle and upper middle classes and raising taxes on the upper middle classes.

It is as Paul Krugman said: The GOP is revealed as the party, not of the rich, but of the extremely rich. They are throwing those who make $500,000 per year under the bus to protect those who make $50,000,000 per year.

Government of the servile, by the deluded, for the greedy. Somewhere, Abe Lincoln weeps.

3:18 PM PT: In support of my thesis that capping deductions protects the super-rich at the expense of the merely rich, I give you Dr. Paul Krugman.


Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

skybluewater, bink, Sylv, chuck utzman, chrississippi, Mogolori, filkertom, hester, ferg, grollen, mwm341, AaronInSanDiego, glitterscale, daninoah, abarefootboy, Gooserock, artr2, PeterHug, Emerson, karlpk, dengre, Shockwave, Andrew C White, SanJoseLady, mslat27, dsb, StevenJoseph, Duncan Idaho, blksista, Bryce in Seattle, RFK Lives, gjohnsit, Bob Friend, Doctor Who, concernedamerican, cyberKosFan, wonkydonkey, magnetics, highacidity, themank, Bionic, pedrito, Ignacio Magaloni, CodeTalker, itskevin, bwren, PeteZerria, Cedwyn, antirove, artebella, sidnora, revsue, Quege, Lilyvt, Texknight, psnyder, annan, NYC Sophia, Lawrence, Noodles, Steven Payne, defluxion10, hazzcon, Mi Corazon, Timbuk3, Brian82, Sophie Amrain, zdefender, JayBat, ybruti, Sembtex, lonespark, tomjones, xyz, slapshoe, Sybil Liberty, Gowrie Gal, rapala, maybeeso in michigan, bloomer 101, Bluesee, NoMoreLies, DianeNYS, el dorado gal, yuriwho, JanetT in MD, irate, caliberal2001, citizenx, Brooke In Seattle, YucatanMan, Dobber, eru, Beetwasher, Pam from Calif, Ice Blue, blue jersey mom, Steve in Urbana, Yamara, spunhard, Savvy813, LivesInAShoe, Alan Arizona, xaxnar, Jim R, Jim P, begone, Sanuk, myboo, vigilant meerkat, edwardssl, BeadLady, profundo, dopper0189, tonyahky, Wary, fou, mystery2me, raincrow, blueoasis, global citizen, NCJan, Libby Shaw, real world chick, Terminus, el cid, tommyfocus2003, sceptical observer, thenekkidtruth, zhimbo, Timothy J, Clive all hat no horse Rodeo, Stripe, blueoregon, SD Goat, Tom Anderson, markthshark, DBunn, One Pissed Off Liberal, Sapere aude, hooper, Cronesense, Habitat Vic, Cat Whisperer, weneedahero, Dartagnan, gloriana, puakev, jds1978, beth meacham, DvCM, Mary Mike, deepeco, bnasley, theChild, SeaTurtle, millwood, carpunder, OIL GUY, Brahman Colorado, BasharH, vet, TomP, Mighty Ike, gundyj, misterwade, MikePhoenix, Sixty Something, Involuntary Exile, bythesea, skohayes, Akonitum, Lujane, tofumagoo, Hanging Up My Tusks, smartdemmg, pickandshovel, bluesheep, Jeff Y, catly, alnep, Gemina13, glendaw271, petulans, Notreadytobenice, venger, HarpboyAK, immigradvocate, lissablack, statsone, Purple Priestess, oldliberal, 207wickedgood, MrsTarquinBiscuitbarrel, maggiejean, lancecote, Bule Betawi, multilee, Rhysling, WhizKid331, MufsMom, Throw The Bums Out, Kansas Born, divineorder, don mikulecky, CanyonWren, Alex Budarin, maryabein, notrouble, Ohiodem1, CookyMonzta, geebeebee, stevenwag, sfarkash, astral66, Leftcandid, Larsstephens, smileycreek, coppercelt, confitesprit, marabout40, eXtina, brunoboy, Crabby Abbey, angelajean, mookins, Polly Syllabic, Lost and Found, ATFILLINOIS, renzo capetti, JoanMar, gulfgal98, ItsSimpleSimon, paradise50, DiegoUK, sharonsz, ericlewis0, Otteray Scribe, petesmom, science nerd, Dems in 08, stevenaxelrod, Actbriniel, slice, Quantumlogic, Onomastic, TAH from SLC, mama jo, WineRev, bgblcklab1, implicate order, La Gitane, ardyess, AtomikNY, Mistral Wind, asterkitty, Nicci August, CoExistNow, boomerchick, Haf2Read, PorridgeGun, sethtriggs, BarackStarObama, muddy boots, MRA NY, createpeace, blue58, TRPChicago, gnbhull, chira2, bluedust, mali muso, VTCC73, cjo30080, FisherOfRolando, bloomin, googie, jacey, hulibow, chmood, HamptonRoadsProgressive, KiB, RhodaA, anodnhajo, heyday, StonyB, Invictus88, TheLizardKing, pistolSO, IndieGuy, ahumbleopinion, S F Hippie, a2nite, Trotskyrepublican, Lorinda Pike, This old man, The Voice from the Cave, peachcreek, hotheadCA, jts327, MartyM, doroma, james321, Vote4Obamain2012, arizonablue, Victim of Circumstance, RottenRoddy, raina, Glen The Plumber, dotdash2u, Melanie in IA, CalBearMom, pearldive, Heavy Mettle, Near Miss, Hammerhand, KingTag, Sue B, Lily O Lady, Chaddiwicker, leftreborn, glorificus, howabout, Icicle68, IndyinDelaware, ET3117, Blazehawkins, Pistoche

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site