Posted by JOHN EYSTER on December 31, 2012
REAL COMPROMISE or CAPITULATION? “Dems abandon tax demands, but still no ‘cliff’ deal” is the website promotional headline on an article with the full title, “Senate negotiators yet to reach ‘fiscal cliff’ deal as clock winds down.” The key point of the article is that in spite of the fact that the DEMOCRATS have abandoned the $250,000. Threshold for tax increases. NOW, the proposal opens the door to $450,000 a year! Is this COMPROMISE or CAPITULATION? I note that President Obama campaigned clearly on the $250,000 threshhold. WHY would he NOW allow the GOP to protect the wealthy to $450,000?!
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