After threatening to take down any tax proposal that did not keep the tax breaks for the Leona “Only the little people pay taxes” Helmsley rich folk, David “Nicotine Stained Face” Boehner has agreed to support tax cuts for the remaining 98% of us.
I think that this is really a change in tactics: He knows that he cannot stop the tax cuts from expiring in the House, and that there is a realistic chance of taking the house, so he will go with the electoral politics that show that over ⅔ of voters support letting the “rich bitch” tax cuts expire, so he will let the Senate, where the chances of a Republican take over are smaller, filibuster this to death.
My response to both of them would be to remind them that the inheritance tax goes way up next year if nothing is done, and if something reasonable does not get through the Congress, then there all the taxes come back full force, but of course, I’m not being all hopey-changey and attempting bipartisanship.
Personally, I’d take the top rate, cutting at somewhere north of 10 million a year, back to around 94%, but then again, I’m just a DFH.*
*Dirty F%$#ing Hippy.