Yesterday I wrote about how Republicans abandoned the debt talks, when it has seemed they were making progress. Since then Democrats in the meeting have spoken out explained, just what was on the table that got Cantor’s and Kyl’s panties in such a big bunch that they feared to even discuss it. The reasons won’t surprise you. The pettiness may.
Not even a surprise anymore… this is what caused Eric Cantor to bolt from the debt-ceiling negotiations entirely, rather than have to listen to such scary stories :
Democrats want to close tax loopholes that benefit oil companies, and eliminate a tax preference that gives corporate aircraft a friendlier depreciation schedule than commercial aircraft. Additionally, Van Hollen said, Democrats were proposing to phase out tax deductions and certain credits for people making more than $500,000 a year. These would be paired with a reduction in the tax burden on lower earners, by eliminating existing limitations on their deductions.
“Folks with over $500,000, we’re going to phase out your deductions and some of your tax credit,” Van Hollen said. […]
So brave, brave Eric Cantor left in a huff. Hey, we’re in a time of national crisis and everything, but reduce tax breaks for the rich, making them share the burden ever-so-slightly? Oh, we can’t have that… [emphasis added]
Inserted from <Daily Kos>
There it is. God forbid that the Koch brothers should have to depreciate their fleet of jets on the same schedule as commercial airliners, that are much more heavily used.
Rachel Maddow covers the story and relates it to Republican priorities.
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Here’s the bottom line. Just as Rachel said it’s Robin Hood in reverse. Republicans are taking from YOU to give to the rich. They would through the whole nation under the bus to take more from you and give more to the rich. Are you going to help kick their foul seditious butts onto unemployment?
16 Responses to “Why Republicans Bailed on Debt Talks”
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Big babies!!! The picture is very appropriate.
Perhaps I sould not have used that graphic. That tantrum was staged.
Can’t get their tax breaks so they’re taking their ball and going home. I’m voting straight Green slate in the next national election. Screw ’em all.
Blue, respectfully, you’ll be helping Republicans if you do.
Get a box of union made baseball bats and send the Teamsters up there to talk to them! Damn wimps! 👿
Easy Johnny. Violence is the Republican way, not ours.
I’m sorry! I mean’t take them some Union made baseball bats with their names on them, as a goodwill gesture and then take them out on the tidal basin for some deep sea fish’n! 😈
Easy Johnny!
These spoiled brats will take the country down with them if allowed– It is more than time for the Dems to confront what is going on and hold the like!!
Dems confront repugs? In what universe?
If not this one, it’s over.
I’m not sure Phyllis. They are counting on Dems to cave.
If the Dems cave on this, this country is done. I mean over and done. Pack your bags for Canada. And people on unemployment – bah, that’s give away money – we can’t have that. Unemployment will be immediately cancelled – we can’t have people who are not “contributors” taking money away now, can we? Obama better take a stand on this one, or he’s cooked in 2012. 😡 😡
I agree, Lisa.
PS – I liked your image very much – it really sums up the Repubs having the temper tantrums like the 2yo’s that they are. We are taking our ball and going home. Wah!
Actually I regret choosing it. The spoiled brat behavior covers up a far more devious intent.