GOP Needs to Show Balls, Call Obama’s Bluff & Let All Bush Tax Cuts Expire

 

President Obama’s offer to Republicans to save the country from its fiscal cliff plunge is one big joke. Senate Minority Leader Mitch McConnell said he “laughed” when Treasury Secretary Tim Geithner, Obama’s cliff negotiator, unveiled it to him. Laughable is right when you consider the president’s outlandish request calls for tax hikes on higher earners, the one thing Republicans repeatedly have warned Obama, since day one of his presidency, were non-starters to any budget or deficit reduction talks.

Nevertheless, our “unserious” Commander-in-Chief put forth a deal to grab headlines rather than avert the January 1, 2013 sequestration deadline of $1.2 million in automatic spending cuts and tax increases, which include the expiration of ALL the Bush tax cuts. The president’s plan demands $1.6 trillion in tax hikes over 10 years on higher earners, which includes small business owners also known as job creators! This includes $1 trillion by ending the Bush tax cuts for the “rich,” which includes the estate tax and hitting this group again with $600 million more in tax hikes next year. Big GULP! Obama’s philosophy is “you can never tax rich too much.” They should just keep on earning and paying for Obama’s government largess.

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