Boehner: If my taxes go up, so will yours.

Filed in National by on November 28, 2012

House Speaker John Boehner today rejected a proposal from former NRCC head Rep. Tom Cole (R-OK) to extend existing tax cuts for middle class Americans, primarily because Boehner (and other wealthy Americans whose incomes have been going up while everyone else’s has been going down) doesn’t get a piece of the tax cut action.

Says the Orange Crybaby: “We’re not going to grow the economy if we raise tax rates on the top two rates.”

Keep in mind, these tax cuts will expire regardless of what Boehner does, so what he actually means is “We’re not going to allow the economy to grow if it means us rich guys have to pay more. We gonna drag all you inferior son of a bitches down with us!”

And so Agent Orange begins his scorched earth campaign, holding several hundred million Americans hostage to his terrorist demands.

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X Stryker is also the proprietor of the currently-dormant poll analysis blog Election Inspection.

Comments (9)

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  1. kavips says:

    The concept is wrong that raising taxes doesn’t grow the economy. Raising taxes has always grown America’s economy, and cutting taxes has always shrunk it.

    There has never been an exception to this. That needs to be noted.

    I believe that the main stream media is unaware of our national economic history. Maybe they should repeat 10th Grade.

  2. X Stryker says:

    Let’s be clear about this: John Boehner is threatening to raise taxes on a majority of Americans, including a majority of small businesses.

  3. Geezer says:

    I don’t think you are correct on that point, kavips.

  4. Liberal Elite says:

    Obama should throw those pigs over the fiscal cliff and watch them squeal.

    Make a deal to cut taxes AFTER they’ve been roughed up badly by their constituents and beltway bandit lobbyists.

  5. kavips says:

    Ok, I should have inserted “tax rates” instead of taxes… As you well know, astronomically high tax rates existed from the 1930′s to the 1980′s, the economy thrived. The big cut in rates, was the 1986 drop, which quickly caused the 89 Recession. Higher rates were revived under Clinton, and the nation’s single longest economic expansion soon began…..

    The rate cuts made in the Bush years, began America’s private sector shrinkage, which was masked considerably by the massive deficit spending then covering two wars, bigger government, and free medicine for all….

    Likewise, Obama’s recovery was beginning to pick up steam 2010, until the Tea Party victory stopped the removal of the Bush Tax cuts… The economy has putt-putted along ever since…

    If nothing else changes, and the rates go up, in order not to pay more in taxes, money gets invested back into the economy…..
    Ask any old union Building and Trade’s guy here in Delaware… Dupont Corp. used to roll out its contracts December 21st, right after it’s tax guys had figured out how much they needed to plow back under…. and before the new year…

    Even if you don’t get another penny in revenue, you grow the economy as it should be, by putting private investment back into the mix… Call raising the tax rates the “stick” being used when the customer has finally gotten tired of eating “carrots”…

  6. cassandra_m says:

    Fact Check Time:
    “He’s a wonderful friend of mine and a great supporter of mine. But raising taxes on the so-called top 2 percent – half of those people are small-business owners that pay their taxes through their personal income tax filing every year.

    It’s not true that more than half of the people who earn more than $250,000 are small-business owners. Boehner’s spokesman, Michael Steel, said Boehner misspoke, that he meant to say half of small-business income, not half of small-business owners. If it’s an honest mistake, it’s one Boehner has made before. [...]

    In 2011, the Treasury Department’s Office of Tax Analysis took a more in-depth look at the issue using a more realistic definition of “small business” and it shows that more than 90 percent of small-business owners wouldn’t be affected by Obama’s proposal to raise taxes on individuals making over $200,000 and couples making over $250,000. Moreover, about 90 percent of those who would be affected by the tax increase are not small-business owners.

  7. Jason330 says:

    Muddying the waters is a art form. A big lie they often get away with is implying that small business people pay taxes on “income” and not profits.

  8. puck says:

    “until the Tea Party victory stopped the removal of the Bush Tax cuts”

    Gotta call you on that, kavips, lest you inadvertently start a new Republican meme. The full extension of the tax cuts passed with 81 Senators, so I don’t think the Tea Party can take credit. I’d give greater credit to Obama’s failure to issue a veto threat on the full extension, which would have left Republicans no choice but to vote for the middle-class only cuts.

    And then the final opportunity to remove the Bush tax cuts evaporated when Obama signed the bill. So the failure to stop the removal of the Bush tax cuts is on Democrats. Obama clearly wanted the full extension.

  9. cassandra_m says:

    And I”m gonna check on you that — again — puck. The Bush tax cuts were extended in exchange for a multi-pronged package of stimulative measures that included a much needed extension of unemployment benefits:

    So Obama went after a deal. And what Biden cooked up with McConnell was pretty good for the White House. The package would extend the Bush tax cuts for all taxpayers for two years and would reduce estate taxes for the wealthy (a move many Democrats couldn’t stand), but it also included a payroll tax cut, a child tax credit, additional unemployment insurance, renewable energy grants, and other stimulative measures. A White House chart noted that Obama had won $238 billion of stimulus in return for yielding on $114 billion in high-income tax cuts.

    David Corn’s article is worth reading in its entirety.

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