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Gibbs: Obama Will Listen To GOP Pitch On Extending Tax Cuts For Wealthy

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playstation Donating Member (89 posts) Send PM | Profile | Ignore Thu Nov-04-10 02:51 PM
Original message
Gibbs: Obama Will Listen To GOP Pitch On Extending Tax Cuts For Wealthy
Edited on Thu Nov-04-10 02:51 PM by playstation
WASHINGTON -- White House Press Secretary Robert Gibbs reiterated on Thursday that the president will be open to extending the upper-end Bush tax cuts for one or two years as part of a broader compromise with Republicans.

"He would be open to having that discussion and open to listening to what the debate is on both sides of that," said Gibbs, during an off-camera gaggle with reporters. "Obviously... making those tax cuts for the upper end permanent is something the president does not believe is a good idea."
...

At his press conference on Wednesday, the president expressed his first openness to date with the process of negotiating on the Bush tax cuts, which are set to expire at the end of the year. Earlier, the administration had insisted that extending those cuts for the wealthy (families making more than $250,000 a year) would be off the table -- wary that extending them temporarily would simply invite lawmakers to keep extending them indefinitely.
http://www.huffingtonpost.com/2010/11/04/gibbs-obama-will-listen-t_n_778864.html

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Dinger Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-04-10 02:52 PM
Response to Original message
1. Wow, Knock Me OVer With A Feather!
Not.:sarcasm:
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-04-10 02:57 PM
Response to Reply #1
3. Shocking I say, absolutely shocking!

Not really.
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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-04-10 02:57 PM
Response to Original message
2. Remember: We've had this "trickle down" for 30 years now.
And it didn't work.

That should be reason enough to let the Bush tax cuts for the wealthy expire.

The the Teapublicans try to use this argument as reason to extend them, Obama should laugh in their faces...

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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-04-10 03:03 PM
Response to Reply #2
5. making those tax cuts for the upper end permanent is something the president does not believe is a g
good idea.

Yeah it should be a interesting "Pitch"

"So do you guys want to reduce the deficit, or do you want to add a big ass amount of money to it?"
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-04-10 02:58 PM
Response to Original message
4. W.House rejects renewing tax cuts on rich permanently
W.House rejects renewing tax cuts on rich permanently

The media will continue playing with the headlines until the President actually makes a decision.

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playstation Donating Member (89 posts) Send PM | Profile | Ignore Thu Nov-04-10 03:05 PM
Response to Reply #4
6. They rejected temporarily extending them last month.
Weren't you the one who said Dems would have a good showing in the house?
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-04-10 03:09 PM
Response to Reply #6
8. Actually
"Weren't you the one who said Dems would have a good showing in the house?"

...holding out hope. What does that have to do with the tax cuts?

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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-04-10 03:06 PM
Response to Reply #4
7. lots a lots of speculation, not much substance
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Thu Nov-04-10 03:15 PM
Response to Reply #4
9. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-04-10 03:25 PM
Response to Reply #9
10. Who knows,
President Obama might consider a proposal similar to Robert Reich's suggestion: Extend the Bush Tax Cut to the Bottom 99 Percent, But Not The Top 1 Percent

The President might stand firm on allowing the top 2 percent to expire, which I think he should.

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totodeinhere Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-04-10 03:28 PM
Response to Reply #9
11. Right. Their game plan is to get it extended for two years now, then win the 2012 elections
and extend it permanently, or even expand it.
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xultar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-04-10 03:36 PM
Response to Original message
12. Put that fucking pitch on TV. Televise that shit. I wanna see them.
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