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May I Humbly Suggest…?

OK, OK, OK.  I am so tired of hearing the mantra of this President and Liberal politicians.  “Tax the rich”, make the filthy bastards pay their “fair share”.  President Obama continued the call to class warfare in his “budget” speech last week.  We can’t afford to give continued tax breaks to millionaires and billionaires, he said.  This is clearly the talking point of choice for Progressives, and it needs to be removed from their arsenal of rhetorical weapons.  Might I humbly suggest a tactic to House Speaker Boehner and others in Republican leadership?

During my years as a manager in various companies, I learned an important negotiating rule.  When a new policy, program or regulation meets a laundry list of reasons why it can’t be implemented, eliminate the objections one by one until nothing remains.  In the case of our ongoing budget battle, the tax argument is only one objection, and it really does need to be removed from the debate.

I would suggest that in return for everything we want in spending cuts, Boehner and company agree to rescind the Bush tax cuts for Americans with incomes over $1 million a year.  They would offer this of course knowing full well that those cuts could be reinstated in 2013 after winning the Presidency and control of the Senate.

This plan would yield several benefits.  First and foremost, it removes an inflammatory Progressive talking point that resonates with many Americans.  It will, undeniably help reduce the deficit a bit, and it gives our side the appearance of negotiating in good faith with a huge bargaining chip.  We fiscal conservatives got hoodwinked a bit on the 2011 budget deal.  It’s time to acknowledge that we are playing with the big boys, and negotiate in earnest.

As distasteful as this concession is to me, I can’t believe that a year of tax increase would do much damage to anyone in this income bracket.  I don’t know, maybe this is just too simple to have occurred to the great political minds in Washington.  Or, maybe there is some legitimate procedural issue that would keep it from being effective.  If not, and we barrow a page from the Progressive play book that says “the ends justifies the means”, this might be well worth the effort.

Originally posted on 04/16/2011 at ConservativeCompass.com

COMMENTS

  • 6eorge Jetson

    that will herald the end of the republic.”     -Ben Franklin

    The slope of the tax rate vs income curve can be just as important as the level.

    If some of the Bush tax cuts expire, they should all expire to the same degree across the board. IME, it was a mistake to remove a good portion of Americans completely off the list of those contributing to US tax revenues via the income tax. It’s natural to be a statist when you’re not paying for it.

    I am certainly no where near the $1 million club. But unlike the Left, I am proud to be a contributing member of society, and don’t believe in “voting myself money” just because it doesn’t burden me. Leave the dine-and-dash to the statists.

    America already has the most progressive tax system. Don’t make it worse.

    Yes, the rich pay a lower share of the total in Europe

  • 6eorge Jetson

    nt

  • reddog53

    “It will, undeniably reduce the deficit a bit”. Is a statement of faith, not fact, I believe. When people are taxed more, they adjust their behavior to be taxed less. There is no guarantee that more revenue will be collected.

    Giving a concession to raise taxes is not easily withdrawn…have you not seen the histrionics associated wwith the Bush era tax cuts and the difficulty we just experienced.? Reagan famouslynquipped about the nearest thing to immortality is a government program. This goes double for taxes.