In response to:

Both Sides Must Give Ground To Avoid Fiscal Cliff

Beeblebrox Wrote: Nov 19, 2012 2:55 PM
Deductions for all three of those things (mortgage, charity, state sales taxes) help EVERYONE who pays taxes. If, OTOH, what you are saying is those deductions don't help lower income people because those people don't pay taxes anyway, then that argument is a non-starter with me. A LOT of charitable contributions will dry up if there is no deduction for them. Rental prices will go up if the owners have to pass the cost of losing the mortgage deduction along to the renter. These things have consequences.
In his first formal press conference in months, Barack Obama showed that getting re-elected can increase a president's confidence and combativeness. He staked out tough stands on several issues, especially on the looming budget negotiations.

Looking ahead to the "fiscal cliff" on Dec. 31, when the 2001 and 2003 tax cuts expire and sequestration cuts government spending sharply, Obama demanded $1.6 trillion of increased revenues as part of any budget bargain.

That's twice the number he and Speaker John Boehner agreed on in the grand bargain talks in the summer of 2011.

Those talks fell apart when Obama telephoned Boehner and raised his demand...