Elkhorn Creek Lodge

The Fiscal Cliff; Taking the Battle to BAM

Posted in taxes, uncategorized by Eugene Podrazik on December 5, 2012

I’ll start with Glenn Reynolds suggestions about awkward and embarrassing tax increases.  And, add the following.  What is needed is a series of tax cuts and spending cut directly targeted and tailored for the Democrat Senators who’s states have been hit by Obama’s ideology and stupidity.

What the House needs to do is create a tax bill that is economically beneficial with special Christmas presents for these Senators.

For Chuck Schumer, the threshold for taxing the ‘rich’ is set at $1,000,000; just as he asked.  Schumer’s campaign war chest would also be greatly expanded by abolishing the Obamacare tax on capital gains.  Ditto Senator Durbin from Illinois; he’s got a cozy relationship with the commodity traders from the Chicago Board of Trade and The Chicago Mercantile Exchange.  Added benefit, Democratic support of ‘fat cats’  with little to no class warfare from the New York and Illinois delegations.

For the Senators from Massachusetts and Minnesota, a repeal of the Obamacare medical device tax.  A tax that’s already causing layoffs in both of these states.

More Christmas gifts.  How about forbidding federal money being spent to enforce greenhouse gasses regulation and the new ridiculously low sulfur and mercury standards that is shutting down power plants and laying off miners in droves.  I think the senatoral delegations from West Virginia, Ohio, Pennsylvania and Illinois might like that.

Even more Christmas gifts.  How about forbidding the spending of federal dollars to enforce the endangered species act threatening to shut down new oil exploration projects.  The senators from Louisiana and Colorado might like that.

You could also slip in clauses to specifically allow off shore drilling and approval of the Keystone pipeline.  Admittedly this is not a fiscal matter and could be filibustered.  But, who cares, Senator Reid hates the filibuster and wants to ‘reform’ it.

And, by the way, these proposals are all heavily weighted towards the states with Democratic senators.

Heck, it Christmas, give every state a tax break or a regulatory break.  2014 isn’t that far away.  How about further expansion of Second Amendment civil rights–all those Western State Democratic senators would love to burnish their NRA credentials.

If Obama so badly want to veto, let him.  Just make sure he vetoes a bill that will throughly screw his own party.