In response to:

Here Comes the Cliff

Pat1392 Wrote: Dec 24, 2012 2:44 PM
I think, as the cartoon illustrates, the the Santa Claus syndrome is the disease the POTUS has. The toy sack is getting larger and larger....Thomas Sowell wrote this last year. It really is not the fault of Boehner...... how did we get to the place where the 22 year old living in an apartment pays more share than the guy making a million living in a mansion. A minimum percent for all.....give a small deduction for kids but everyone pays...keep the capital gains low for seniors taking out less than $75K a year, a certain % off the top....and quit trying to engineer society.
traitorbill Wrote: Dec 24, 2012 3:04 PM
The Fair tax is better. Everyone has a choice to become well off by saving and investing.
Pat1392 Wrote: Dec 24, 2012 6:25 PM
If you mean a VAT ---it would be a runaway train--so would a Federal Consumption Tax...
Problem to me is these business guys allowed to deduct their vacations, wives cars, 2nd home even though none of the money is used for the business. Tweak the tax code fast...just do away with it...Now if you mean an equal % for all --I would be for deductions. Well, maybe mortgage interest....
Last week, Republicans proved they are not a governing party. Next week we will see whether Democrats are.

A governing party would have, reluctantly, passed Speaker John Boehner's Plan B, which would have preserved the current tax rates on everyone with incomes under $1 million.

Passage would have put Senate Democrats on the spot, since they voted for a similar measure in 2010. They might have engaged in negotiations with Boehner that could have been more productive than his negotiations with Barack Obama this month and in the summer of 2011.

Then, as Bob Woodward reports in his book "The Price...