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applegrove

(118,749 posts)
Fri Sep 21, 2012, 07:56 PM Sep 2012

"GOP retreat on taxes likely if Obama wins" by Lori Montgomery and Paul Kane, at WP

GOP retreat on taxes likely if Obama wins

By Lori Montgomery and Paul Kane, at WP

http://www.washingtonpost.com/business/economy/gop-retreat-on-taxes-likely-if-obama-wins/2012/09/20/49948828-0330-11e2-9b24-ff730c7f6312_story.html

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

Senior Republicans say they will be forced to retreat on taxes if President Obama wins a second term in November, clearing the biggest obstacle to a deal with Democrats to defuse a year-end budget bomb that threatens to rock the U.S. economy.

Republicans have long resisted tax increases of any kind. But taxes are a major battleground in the campaign between Obama and Republican Mitt Romney, Capitol Hill veterans say, and the victor will be able to claim a mandate for his policies.

“This is a referendum on taxes,” said Rep. Tom Cole (R-Okla.), a senior member of the House Budget Committee. “If the president wins reelection, taxes are going up” for the nation’s wealthiest households, and “there’s not a lot we can do about that.”

With Election Day still more than six weeks away and the president holding a thin lead in national polls, Republicans say they are not conceding that an Obama victory is the likely outcome. But they are beginning to plan for that possibility.

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

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"GOP retreat on taxes likely if Obama wins" by Lori Montgomery and Paul Kane, at WP (Original Post) applegrove Sep 2012 OP
In spite of what Boner said? elleng Sep 2012 #1
It sounds great, but we should know better. JRLeft Sep 2012 #2
In other words let's wait and see how voter suppression will help us. southernyankeebelle Sep 2012 #3
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