In response to:

Anatomy of a Flop: GOP "Cliff" Counter-Offer Fizzles

Jay Wye Wrote: Dec 04, 2012 2:47 PM

exactly; it's redistribution of wealth; communism,theft. it's certainly not "equal treatment under the law". raising taxes on "the rich" does nothing towards balancing the budget or reducing the deficit,it's all about punishing "the rich" and dragging them down. Just like with estate taxes. it's just class envy. no valid rational reason for doing it,just envy and spite.

Join the Debate!

All comments and users are subject to Townhall's new comments policy.

Read Full Story

Anatomy of a Flop: GOP "Cliff" Counter-Offer Fizzles

Yesterday evening we reported the details of House Republicans' "fiscal cliff" compromise offer to the White House, which offered real ideological concessions, to the tune of $800 Billion in new revenues. The plan -- originally conceived last year by the Democratic co-chairman of the debt commission, Erskine Bowles -- also calls for the reduction of both discretionary and mandatory spending, making needed (albeit small-ball) reforms to the largest drivers of our debt. Unlike the president's risible, widely-panned proposal last week, Republicans' new negotiating posture offers genuine compromise: (a) It has bipartisan origins, (b) it achieves "balance," (c) it...