I'm in the camp that believes Republicans have no choice but to agree to raise taxes on the top 2 percent of earners. The party has been successfully caricatured as the servant of the rich. This is unjust, yes, but justice is imperfect in this life. It's political suicide for Republicans to stand fast on maintaining current rates for high earners even at the cost of raising taxes for everyone else. Imagine if we went over the fiscal cliff. In January, Obama would call upon Congress to pass a law restoring the tax rates for 98 percent of filers. What could...
Let's get this straight. No matter what the Republicans do, the press/media is going to blame them for all the negative results. Therefore, if one is going to get wounded one should be standing for principles when getting shot at. The effects on the country will be worse in the long term if the top rates are increased and if the Republicans think they can hide under political cover by doing some shenagians to make it appear they are standing up for the conservative principles they will pay a price at the ballot box in the primaries and they will never have to worry about any political in-office decisions again. They will be on the street and our current Speaker will be an ex-Speaker in Jan 2013.
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