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Shocker: Democrats Reject Yet Another 'Cliff' Plan They Once Supported

TaxFree1031 Wrote: Dec 19, 2012 12:29 PM
Moderate Conservative claims that business owners put the results of their corporate income tax return ( Form 1120) on their individual tax return (Form 1040). ModCon, you have proven yourself an imbecile. C Corp (1120) results are not put anywhere on form 1040.

This could make for one hell of a drinking game.  Step one: Republicans propose an idea that high-ranking Democrats have explicitly supported in the very recent past.  Step two: Democrats unceremoniously dump all over the idea, calling it "unacceptable," "dead on arrival," or whatever the dismissive pejorative of the day may be.  Step three: Drink (and I've got just the beverage in mind for this occasion).  The trouble is that by this stage in our interminable cliff charade, everyone involved would be too wasted to negotiate any further -- which actually might not be the worst thing in...