"Dan Burton On Tax Cuts: GOP Would Swallow Democratic Tax Plan After December"

[applegrove]

Dan Burton On Tax Cuts: GOP Would Swallow Democratic Tax Plan After December

by Ryan Grim at Huffington Post

http://www.huffingtonpost.com/2012/12/20/dan-burton-tax-cuts_n_2340755.html?ncid=edlinkusaolp00000009

"SNIP........................................


WASHINGTON -- If a fiscal cliff deal isn't struck by the end of the year, President Barack Obama will be in such a strong bargaining position that Republicans will be forced to accept the expiration of the Bush-era tax cuts for income above $250,000, Rep. Dan Burton (R-Ind.), an arch conservative, predicted Thursday.

In fact, the prospect of broader tax hikes motivated Rep. Jeff Flake, soon to be the junior Republican senator from Arizona, to say that he'd accept the $250,000 limit today.

"That's an easy one for me, because you're lowering taxes that would otherwise be going up," Flake told reporters of the hypothetical $250,000 limit preferred by Democrats.

........................................SNIP"

[FedUpWithIt All]

1. Would he will lose negotiating power regarding unemployment extensions

and infrastructure spending? Would there also be some losses as far as the restructuring of itemized deductions?

[applegrove]

2. I know. It is a disaster either way. I think these GOP tactics and actions

will smash them. Independants are already supportive of Obama. All this mayhem will hopefully wake up the odd wingnut.