By Radio host Bill Post,
This “Tax Deal” stinks and I finally get it!
I talked for an hour today on the air about my struggles to understand this “tax deal” between Pres. Obama and the Republicans. I really did struggle with this. I read many pieces by many great writers, both Conservative and Liberal. I of course was very concerned about the “Bush Tax Cuts” expiring this month and how that would affect all of us. Now I finally feel I have educated myself enough to take a stance and to the utter dismay of many (they figured it out long before I did) I think that this “deal” is wrong.
When I read this story on CNBC, I was alarmed greatly.
Then I read this story on National Review and started to really understand where we were going with this thing.
I feel in my heart that the Republicans are trying to do the right thing, but I should have trusted my gut when it came to Pres. Obama calling them, in essence, “terrorists” by “holding us hostage”. That is the kind of rhetoric I am becoming too used to from this man. I should have trusted my instincts and immediately said “no” to any deal with this man.
Obama is no fool. While getting Republicans to boost his own reelection chances, he gets them to make a mockery of their newfound, second-chance, post-Bush, tea-party, this-time-we’re-serious persona of debt-averse fiscal responsibility.
And he gets all this in return for what? For a mere two-year postponement of a mere 4.6-point increase in marginal tax rates for upper incomes. And an estate-tax rate of 35 percent — it jumps insanely from zero to 55 percent on Jan. 1 — that is somewhat lower than what the Democrats wanted.
I know there is a split on this issue amongst we Conservatives, as well as a substantial split between those on the Left. When I see the Left in chaos I rejoice, we are doing what drives them nuts, so that’s a good thing, right? Well, if we are doing the same, splitting amongst ourselves, then how are we any better?
It was fun as all get out watching and listening to the Dems shouting at each other and their president and especially the “f-you President Obama” business, but, the GOP isn’t doing much better.
I am very concerned that not only did President Obama not get the “message” from November 2nd, and I am pretty darn sure the Democrats in Congress didn’t get the “message” but now I am highly concerned that the Republicans in Congress didn’t get it either.
Sure some of them are on their way out the door, bitterly, but still, they should represent what we the people decided.
If the GOP really is intent on cutting spending when they take control of the House next year, then why are they letting this situation go? I mean “ethanol subsidies”? Really?
This whole “deal” reeks of the same old Washington insider garbage and I thought we told them “enough!”? I should have said something sooner but I wanted to really think about this and study it and pray about it. I really want those tax cuts extended, selfishly for myself, but I am willing to wait and see what a real action would look like next year when the control is in full sway and see what the GOP is really made of. What is most distressing to me now is that it may be the “loony left” that saves us from this “tax deal” and how ironic will that be?