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Screw The Math

GOP Should Cut Tax Rates Further

Mitt Romney ended up getting more votes in the 2012 election than John McCain did in the 2008 election. But despite the fact that Barack Obama had 4,000,000 fewer votes in 2012 than in 2008, he won because he managed to convince enough stupid people in key states to not vote for Romney. It didn’t matter that Romney had Paul Ryan, one of the smartest guys in government, as his running mate; it didn’t matter that Romney had been a success in his private endevors; it didn’t matter that Romney was a good man. Obama ran a wholly unpresidential and dirty campaign to call Romney a racist, misogynist, corrupt murderer, and got away with it, with assistance from the immoral Democrat media.

Conservatives know for a fact that increasing tax rates on the rich will do nothing to solve the federal government’s spending insanity. We know for a fact that following the 2003 tax rate cuts, federal revenue increased to record levels by 2007; unfortunately, spending never did go down, although the deficits were reduced year after year. We have empirical data, the math, proving the problem with the federal government is the spending. Yet, Obama is winning the tax argument in spite of the facts. Worse, he’s got the dummies running the Republican Party falling for Obama’s lies, confirming the GOP is the stupid party.

So how does the GOP stop being stupid? Simple. Be politically bolder and turn Obama’s arguments against him. Obama wants the tax rates of the top two percent of income earners raised. Republicans should write a bill that leaves in place the rates for those income levels, but reduces the current tax rates for the rest of the income levels. And forget all this nonsence of closing out deductions.

Democrats, especially Obama, do not want a serious discussion whatsoever about revenues or spending. It is a fact that if Democrats get their tax increases, they will use it for even more spending, not to reduce the debt. Republicans know this; yet, they are still under the delusion the people will support them in order to have a more fiscally responsible federal government, even though the 2012 election should have removed that fallacy from their pea brains.

According to some conservatives, Obama wants the current tax rates for all income levels to expire so that he can come in early in 2013 and demand Congress lower the tax rates for 98% of the people to what are now the current levels. He would then be able to own what would be the Obama middle class tax cuts. It’s false, insulting, and devoid of logic to think leaving the tax rates as they are now is somehow a tax cut; but, Obama has the media on his side to sell that lie.

According to other conservatives, it’s Boehner who wants the current tax rates to expire and then come through with “tax cuts”, taking the credit for reducing rates to what they are now. There is one HUGE problem with this line of thinking; the media will still call them the Obama middle class tax cuts. They won’t let the GOP or Boehner take credit for anything, even if it is true.

Which is why Boehner and Republicans should out-Obama Obama and demand that the rates for all income levels save the top two be reduced now, regardless of how economists will view it. The plan will rightly be called fiscally irresponsible. However, the country didn’t re-elect Obama because he was fiscally and economically responsible. The difference with this plan compared to other plans the GOP has put forth is that it doesn’t increase spending. The GOP should have learned that you can’t beat Democrats by being Democrats in all but name. Instead, Republicans in Congress should act like Republicans and cut tax rates.

It’s entirely possible a rate reduction would have a positive impact on the economy, although not as great an impact if the right tax reductions were implemented (further cutting corporate rates and reducing regulatory burdens). Democrat economists have lied about the effects of tax rates for year, purposely using static analysis to claim lower tax rates reduce the revenue flow into the federal government, despite the fact there is overwhelming evidence disproving what they say. But they never change their model because it would harm Democrats, so they stick with it.

Will it happen? Come on. I wasn’t born yesterday. Boehner and the GOP continue to prove themselves to be the stupid party time and time again. Boehner’s actions over the last month have confirmed it. As far as I’m concerned, the only other smart thing Boehner should have done is to sent Congress home for the rest of the session and let Democrats own the tax rate increases when they come. Instead, he chose to fight; worse, he sucks at it. But perhaps there is a member of Congress, possibly yours, who will see the political wisdom of cutting these tax rates. Obama, Democrat politicians, and the Democrat media will certainly blame Republicans for causing the current tax rates to rise when the new year begins, making it much harder to fight Obama when the debt ceiling battle begins in earnest next year. So instead of fighting Democrats, and losing, by trying to maintain all of the tax rates, they need to fight for a rate reduction for all but the highest income levels before this session of Congress ends. When Obama and the Democrats balk, and I believe they will, Obama will truly own the tax rate increases coming in January.

Forget math. It isn’t working. Instead of playing into Democrats’ rules, change the rules.

Cross-posted at Scipio the Metalcon.

COMMENTS

  • sharkey

    The best hand Republicans could play would be to agree with Obama’s demand to raise tax rates on the wealthy. I hate to say it but it actually makes sense. It is a coherent strategy because 70% of the American people are in favor of it and therefore Republicans will look like they were at least trying to compromise with a newly reelected president. But Republicans should stipulate that unless significant cuts in spending are agreed to by the Obama administration the deal by Republicans to raise tax rates on the wealthy should be withdrawn if Obama doesn’t agree to a “balanced” approach. Stiff neck Obama will let the country go over the fiscal cliff but the responsibility will be on Barack Obama’s shoulders and not Republicans.

    If Republicans were willing to raise tax “rates” on the wealthy Obama still won’t agree to a “balanced approach” (which he repeatedly called for) to significantly reduce spending, and therefore, Obama will look like the obstructionist while Republicans will look like the ones willing to meet Obama half way. But as we already know it is quite clear that Barack Obama won’t reciprocate Republican’s extended hand of compromise.

    Even so, if Republicans do agree to raise tax “rates” on the wealthy, Obama would still let the country go over the fiscal cliff, because Republicans obviously won’t “bow” to Obama’s other ridiculous demand(s) such as increased spending and measures like the unlimited debt ceiling debacle and of course no serious cuts to entitlements have been offered by the Obama administration either. So ‘over the cliff’ we go most likely. After the country goes over the fiscal cliff, Obama will simply reinstate the Bush tax cuts for the middle class (which Republicans won’t oppose), sequestration will automatically kick in with its deep cuts to the military budget (severely weakening the military in the process – which is what Obama wants), rates will have been raised on the wealthy by default, and Obama will have gotten his way to raise taxes on the rich, and subsequently, will have made Republicans look “weak” in the process. Therefore it is imperative Republicans compromise to the tax “rate” hikes on the wealthy. Because if they do then Obama will be held responsible if the country goes over the fiscal cliff.

    It is really really frustrating. Obama is thumbing his nose at John Boehner because Obama knows its his way or the highway and Republicans can’t do much about it. The only consolation will be if Republicans actually agree to raise “rates” on the wealthy; because then the responsibility for going over the ‘cliff’ will be on Obama’s shoulders because Obama refuses to accept a balanced approach. Plus if raising rates on the wealthy doesn’t work out in the near or long term and the economy continues to flounder with high unemployment and economic stagnation (which it likely will according to several leading economists), then if that is the case the Republicans would likely be rewarded in 2014 during the mid-term elections. If indeed Obama’s tax hike on the wealthy doesn’t pan out. Although if that is the case then Obama may result to tax hikes on the “middle class” because Obama realizes the middle class is the real “pot of gold” that Obama stays up at night hoping to cash in on.

    But Republicans should give up their current losing strategy to raise revenue by other means other than raising rates on the wealthy. Closing loopholes, capping deductions, and other revenue generating options can be dealt with once the new Congress convenes in January. What Republicans want to do right now is to look like they were the ones willing to “compromise” over the tax rate increase on the wealthy (which roughly 70% of the American people agree with), because by choosing not to compromise, Republicans in Congress will be going against the will of the American people and the American people will likely remember it in 2014 if Republicans end up ignoring their constituents and they may instead end up losing seats in both the House and Senate as a result.

    • http://scipio62.livejournal.com/ scipio62

      I disagree. The GOP should work to lower tax rates for everyone other than those at the top income levels before the current tax rates expire. Republicans can then own “middle class tax cuts” before Obama and the Democrats. It would completely undercut any advantage Obama has now.

      • bobmark

        Mental midget math for the low info voters trade 2% hike on “millionaires and billionaires” for 1% cut on everybody else and leave deductions alone, except for some targeted loopholey ones that can be pinned on limo liberals. I don’t know any specifics, but I can’t believe there aren’t at least a couple in a 1,000+ page tax code. Obama gets what he campaigned on and the reps get the tax cuts. i know that takes more $ for DC than it provides, but the L.I.V.’s don’t. Make Obama explain why he won’t sign that.

        • bobmark

          whups that should be FROM DC