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(NewsChannel 5 Nashville) NewsFlash Obama says fiscal cliff deal is "emerging." OK HOPE IS COMING OUT   (newschannel5.com) divider line 993
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4955 clicks; posted to Main » on 31 Dec 2012 at 2:28 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»


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2012-12-31 02:39:49 PM  

sonnyboy11: lenfromak: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

Yeah, penalize even moderately successful people like me.

I would be hit. Don't have a problem with it. Taxes are not a "penalty".


Not if you consider a fair, function society worthwhile.
 
2012-12-31 02:39:54 PM  
Ezra Klein  @ezraklein
That said, if the presser really does hurt a deal, Congress is a more ridiculous, trivial place than I gave it credit for.

Ezra Klein  @ezrakleinI really look forward to the first member of congress who says they can't vote for the deal because the president was too merry

Ezra Klein  @ezrakleinThere was a time when politics was so grim only the Onion could adequately cover it. Now it's so stupid that I think it's up to GIFs.
 
2012-12-31 02:39:57 PM  

ChipNASA: "Obama is the GREATEST!!!"
[files.abovetopsecret.com image 224x163]


Chris Matthews agrees: "This guy's done everything right. He's raised his family right. He's fought his way all the way to the top of the Harvard Law Review, in a blind test becomes head of the Review, the top editor there. Everything he's done is clean as a whistle. He's never not only broken any law, he's never done anything wrong. He's the perfect father, the perfect husband, the perfect American. And all they do is trash the guy."

Well, except for the Choom Gang. Good luck on your marijuana charges, citizen.
 
2012-12-31 02:40:00 PM  
If we exceed the debt ceiling, just stop all medicare and social security checks written to districts that don't support raising the debt ceiling -- sorry not enough federal money to send those checks.

Doesn't the country running out of money mean that it's completely Obama's call what checks to write and what checks don't get paid?
 
2012-12-31 02:40:00 PM  

lenfromak: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

Yeah, penalize even moderately successful people like me.


Grow up. $250k is the top 2% of wage earners, not "moderately successful"

Or to be specific, if you consider yourself moderately successful, think of how the people making 20% of your income have to deal with
 
2012-12-31 02:40:02 PM  

Mrtraveler01: Wangiss: They wrote some budgets, and yet we do not have a budget. Weird.

When the Democrat-led Senate keeps rejecting your budget plan, you compromise with them.You DON'T double down on stupidity.



When the Democrat-led Senate wants a budget, they'll get a budget. They do not want a budget.
 
2012-12-31 02:40:10 PM  
Government should do what a responsible American would do in the same situation. STOP spending so much and live within your means, its all very simple.
 
2012-12-31 02:40:28 PM  
Obama still has plenty of time to cave in completely. He only offered up 90% of what the GOP wanted in his last proposal.
 
2012-12-31 02:40:29 PM  

imontheinternet: Plus, the debt ceiling will be breached in a few weeks anyway.


Any deal that doesn't account for this is worse than useless.
 
2012-12-31 02:40:35 PM  
What are the chances some hillbilly, closet-case congressman tries to sneak in an amendment about life beginning at ejaculation?
 
2012-12-31 02:40:48 PM  
Isn't that kind of saying "Almost pregnant"?
 
2012-12-31 02:41:07 PM  

sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx


.
You either do not live on the West Coast or the North East, or you have yet to enter the workforce. $250k is low middle income in the DC region.
 
2012-12-31 02:41:13 PM  

Lupine Chemist: Shrugging Atlas: 400/450k cutoff now? I wonder how much nothing Dems got in return for that bullshiat.

Breaking GOP orthodoxy and undoing chained SS COLA is your definition of nothing?


First off, GOP orthodoxy seems pretty alive and strong, so I wouldn't bust out the fireworks just yet.

Second, undoing chained SS COLA is great if that in fact happened, but let's not forget Obama offered it in the first place.

As I just said, if it's 400/450k + UI extension and no revenue cuts...I'm fine with that. But there's NO way it passes the House unless Boehner doesn't a complete 180 and allows the bill to come to a vote knowing most GOPers will reject it. It will have to pass with near universal Dem support and something like 20 GOP defectors. Possible...but again, will Boehner allow it?
 
2012-12-31 02:41:35 PM  

GoldSpider: Waxing_Chewbacca: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

It's a good deal. 250k in NYC is a lot different than, say, Iowa.

/ Moderate D here

Exactly. If only there was a simple way to make the cutoff location-adjusted.


Tough to do but I'm listening.
 
2012-12-31 02:41:39 PM  

Wangiss: Mrtraveler01: Wangiss: They wrote some budgets, and yet we do not have a budget. Weird.

When the Democrat-led Senate keeps rejecting your budget plan, you compromise with them.You DON'T double down on stupidity.


When the Democrat-led Senate wants a budget, they'll get a budget. They do not want a budget.


So is that why the GOP led House sends them budget plans that are nothing more than partisan wankery instead of something serious?
 
2012-12-31 02:41:53 PM  

lenfromak: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

Yeah, penalize even moderately successful people like me.


Paying taxes is being penalized?
 
2012-12-31 02:41:56 PM  

ChuDogg: Personally I'm rooting for the fiscal cliff.


Same, and let the people hold these assclowns in office accountable. All of them.
 
2012-12-31 02:42:37 PM  

Jake Steed: Government should do what a responsible American would do in the same situation. STOP spending so much and live within your means, its all very simple.


So you're in favor of the defense cuts?
 
2012-12-31 02:42:55 PM  
Oblig (NSFW because Fark said so)
 
2012-12-31 02:43:11 PM  

jigger: Well, except for the Choom Gang. Good luck on your marijuana charges, citizen.


It's a double negative, we're good here. To be frank, the legal code is such a mess that pretty much everybody has never not broken any law.
 
2012-12-31 02:43:24 PM  
I hope enough Republicans in the House see the wisdom of avoiding this manufactured crisis.
 
2012-12-31 02:43:37 PM  

GoldSpider: Waxing_Chewbacca: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

It's a good deal. 250k in NYC is a lot different than, say, Iowa.

/ Moderate D here

Exactly. If only there was a simple way to make the cutoff location-adjusted.


That's nonsense. Deciding to live in expensive cities IS CONSUMPTION. You are actively choosing to live in a place which gets you certain benefits. It's no different than any other kind of consumption. The idea of adjusting tax rates for that would simply be a massive subsidy towards a certain type of consumption.
 
2012-12-31 02:43:50 PM  

TofuTheAlmighty: takes an axe to Social Security (which is practically irrelevant to the deficit).


Don't think so, all of the recent stuff said chain CPI is off the table. Too much backlash.
 
2012-12-31 02:43:51 PM  

david_gaithersburg: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

.
You either do not live on the West Coast or the North East, or you have yet to enter the workforce. $250k is low middle income in the DC region.


Yeah no, 250K is not low middle income, it's more like high middle income to high income:

Federal employees whose compensation averages more than $126,000 and the nation's greatest concentration of lawyers helped Washington edge out

The U.S. capital has swapped top spots with Silicon Valley, according to recent Census Bureau figures, with the typical household in the Washington metro area earning $84,523 last year. The national median income for 2010 was $50,046.
 
2012-12-31 02:43:53 PM  

Vegan Meat Popsicle: That said, fark compromise. The republicans want something from a position of nothing after spending four years of doing nothing. Fark those guys right in the nostril. Americans spoke about what they want and it's nothing that the republicans are offering. They can either put on some big boy pants, suck it up and do what the country wants done or they can focus on driving themselves even deeper into obscurity.


For two of the aforementioned four years, the democrats were in charge of the house.  They were also in charge of the Senate.  And for one of those years, they had a filibuster proof majority when you added the left leaning independents that caucused with the democrats.

Then, two years ago, the republicans took over the house.

Prior to that, the democrats:

dated the sunset of the Bush tax cuts for tomorrow

dated the sunset of the payroll withholding tomorrow

dated the implementation of the Obamacare tax hikes tomorrow

The only thing the republicans have done (with the cooperation of the democrats) is date the mandatory spending cuts

/the more you know
 
2012-12-31 02:44:05 PM  

Waxing_Chewbacca: Tough to do but I'm listening.


Me too. I meant what I said; it would be tough to pull off! Imagine what a nightmare that would be for anyone involved with processing tax returns!
 
2012-12-31 02:44:15 PM  

ChuDogg: Personally I'm rooting for the fiscal cliff.


Indeed. America needs a bucket of cold fish thrown at its collective wallet, and has since 2008 or maybe 1999.
 
2012-12-31 02:44:19 PM  
I don't believe it. Going off of the cliff is what needs to happen, and both parties get to point the finger at the other. Besides, Obama has vowed to veto any proposal that makes a lick of sense.
 
2012-12-31 02:44:26 PM  

SDRR: lenfromak: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

Yeah, penalize even moderately successful people like me.

Paying taxes is being penalized?


To idiots it is.
 
2012-12-31 02:44:31 PM  
Rumors are that it will be Clinton-era tax rates for individuals making $400k+ and couples making $450k+. Liberals like me wont be thrilled with giving up the $250k threshold, but it's still a tax increase -- it will be very interesting to see if Boehner can get the Republican Clown-shoes in the House to vote for a tax increase. Grover Nord-whatever's head will explode.

With Obama hitting the talk shows and all of the press over the weekend and today, if it fails to pass in the house, Boehner is done. The big story will be that Obama compromised and risked pissing off a lot of Dems, and the Republicans still wouldn't budge.
 
2012-12-31 02:44:37 PM  

lenfromak: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

Yeah, penalize even moderately successful people like me.


You can always give away your money so you only earned $249,999

*eyeroll*
 
2012-12-31 02:44:38 PM  

david_gaithersburg: You either do not live on the West Coast or the North East, or you have yet to enter the workforce. $250k is low middle income in the DC region.


Sounds like a great place to  start raising taxes at, then.
 
2012-12-31 02:44:39 PM  

david_gaithersburg: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

.
You either do not live on the West Coast or the North East, or you have yet to enter the workforce. $250k is low middle income in the DC region.


I live in Los Angeles in a relatively upscale area. Still have no problem with $250k.
 
2012-12-31 02:44:40 PM  

lenfromak: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

Yeah, penalize even moderately successful people like me.


It's not a penalty. It's your civic duty. You are doing better than the vast majority of Americans. Stop whining.
 
2012-12-31 02:45:40 PM  

Shrugging Atlas: 400/450k cutoff now? I wonder how much nothing Dems got in return for that bullshiat.


I wonder what budget cuts* the Dems agreed to (if any) to get a yes from the house?

/*not counting trust-fund programs like ss and medicare
//hoping the DoD, Farm Bill, and other corporate welfare get chopped.
///artificial deadlines make a great excuse for last minute secret legislation. Expect it again and again.
 
2012-12-31 02:45:42 PM  

Jake Steed: Government should do what a responsible American would do in the same situation. STOP spending so much and live within your means, its all very simple.


household debt is very different from nat'l debt
 
2012-12-31 02:45:47 PM  
Ya know, if there was a provision in the Constitution that said that one Congress couldn't impose limits on a future Congress (Much like the British Parliament), this whole thing would have been avoided.
 
2012-12-31 02:45:50 PM  

david_gaithersburg: Besides, Obama has vowed to veto any proposal that makes a lick of sense.


Because if anyone has proposed something that makes a lick of sense, it's the Republicans.

/hard to type that with a straight face
 
2012-12-31 02:45:52 PM  

Jake Steed: Government should do what a responsible American would do in the same situation. STOP spending so much and live within your means, its all very simple.


You should have said something BEFORE we started two land wars in Asia and simultaneously cut rich people's taxes.
 
2012-12-31 02:46:15 PM  

Mrtraveler01: Wangiss: Mrtraveler01: Wangiss: They wrote some budgets, and yet we do not have a budget. Weird.

When the Democrat-led Senate keeps rejecting your budget plan, you compromise with them.You DON'T double down on stupidity.


When the Democrat-led Senate wants a budget, they'll get a budget. They do not want a budget.

So is that why the GOP led House sends them budget plans that are nothing more than partisan wankery instead of something serious?


They send what their constituents demand, and the Senate hasn't taken the problem seriously at all. Who's the boss if not the people the House is representing? You?
 
2012-12-31 02:46:17 PM  

Shrugging Atlas: 400/450k cutoff now? I wonder how much nothing Dems got in return for that bullshiat.


the unemployment extension

it's a bad compromise imo. it does nothing to cut the deficit. there's not enough people making 450k and up to make a dent in it at a meager 3% increase. most of those folks are making it from capital gains anyway.
 
2012-12-31 02:46:34 PM  
but, if it comes out and sees its shadow, does that mean we'll have 6 more
weeks of listening to them complain how it's ______(insert party) fault?
 
2012-12-31 02:46:43 PM  

stratagos: lenfromak: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

Yeah, penalize even moderately successful people like me.

Grow up. $250k is the top 2% of wage earners, not "moderately successful"

Or to be specific, if you consider yourself moderately successful, think of how the people making 20% of your income have to deal with


Seriously. I know families of four who have to make it on $20K since the recession. Anyone who's making $250K and thinks they can't afford to have taxes go back to the pre-Bush-tax-cut levels is either delusional or living way beyond their means. Yes, even if they live in NYC or San Francisco. This isn't about "punishment", it's about the reality of paying for two f*cking wars after lowering taxes to unrealistic levels for so long.
 
2012-12-31 02:46:47 PM  

enry: You can always give away your money so you only earned $249,999


Yeah, wouldn't want that last buck to make your taxes jump.

/If this is what you think, hire a goddamn accountant.
//If he lets you continue thinking that, fire him and hire a competent goddamn accountant.
 
2012-12-31 02:46:58 PM  

sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx


Is this AGI or taxable income?  This is important.
 
2012-12-31 02:47:04 PM  

Mrtraveler01: SDRR: lenfromak: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

Yeah, penalize even moderately successful people like me.

Paying taxes is being penalized?

To idiots it is.


THIS.
 
2012-12-31 02:47:18 PM  

Mrtraveler01: david_gaithersburg: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

.
You either do not live on the West Coast or the North East, or you have yet to enter the workforce. $250k is low middle income in the DC region.

Yeah no, 250K is not low middle income, it's more like high middle income to high income:

Federal employees whose compensation averages more than $126,000 and the nation's greatest concentration of lawyers helped Washington edge out

The U.S. capital has swapped top spots with Silicon Valley, according to recent Census Bureau figures, with the typical household in the Washington metro area earning $84,523 last year. The national median income for 2010 was $50,046.


Source:

http://www.bloomberg.com/news/2011-10-19/beltway-earnings-make-u-s-c ap ital-richer-than-silicon-valley.html

Anyone who thinks that 250K is Middle Income is an idiot regardless of where you live.
 
2012-12-31 02:47:46 PM  
It's a good thing that tonight is New Year's Eve that way the Republicans can say that they're drinking because of the holidays, And not because they've been made out to look like idiots again.
 
2012-12-31 02:48:04 PM  

david_gaithersburg: $250k is low middle income in the DC region.


Not even close. DC is expensive, but 2 people making $50k each is perfectly fine. I've done it for less.
 
2012-12-31 02:48:16 PM  

david_gaithersburg: sonnyboy11: Please do not set it at $400k and up. Stay at $250k. Thx

.
You either do not live on the West Coast or the North East, or you have yet to enter the workforce. $250k is low middle income in the DC region.


While certainly not rich, don't lie and call it low there either. That's on the upper middle class side of things even around there to be sure. Sorry if you moved to Potomac, MD and you "feel" poor, but you don't get to say it's not a lot of money because you don't have any left after spending it all on expensive things.
 
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