http://www.google.com/url?sa=t&rct=j...819IdBRsqED64A

I could have lived with no extension, but if this is what the majority want, then they have my full support. We simply must compromise and move forward.

Originally Posted by Golfingnut

http://www.google.com/url?sa=t&rct=j...819IdBRsqED64A

I could have lived with no extension, but if this is what the majority want, then they have my full support. We simply must compromise and move forward.

You realize this has no chance in the House.

What happened to the political art of compromise - from both sides?

The people want this, but maybe the congress knows what is better for us than we do and After all they are all very educated folks that want to protect their bank accounts just like we do. I am assuming that most congressmen and women make more than 250K per year. Correct me if I am wrong.

This was yet another symbolic vote with no meaning. It cannot become law even if the House were to vote on it. The constitution requires all fiscal legislation to originate in the House and this bill did not. That is why the SenateRepublican leadership decided not to filibuster as the vote was meaningless. This was not an act of compromise, just bluster.
It is the first salvo in the battle over the "fiscal cliff" where the Dems allow all the Bush tax cuts to expire at the end of this year, then propose new legislation to cut taxes for those who make 250K or less (which also cuts the taxes on the first 250K of those who make more) and the GOP will fight it because it doesn't protect the tax cuts for those in the 1%. Polling shows this is very popular for the Dems, but of course the fight won't occur until after the election so the Dems want it on the record with votes. GOP wants to say, again, that those who make over 250K are small businesses and job creaters and if they don't get the tax breaks they will...Not hire at the vigorous rate they did during the last 10 years while these cuts were in effect.

Originally Posted by Golfingnut

The people want this, but maybe the congress knows what is better for us than we do and After all they are all very educated folks that want to protect their bank accounts just like we do. I am assuming that most congressmen and women make more than 250K per year. Correct me if I am wrong.

Remove "educated" and substitute "greedy" and you're closer to the truth.

with all the intelligence available one would think those who govern could very easily confirm what % of those earning more than $250K are in fact small business owners.

It is all nothing more than political terminology and positioning. Extending the Bush tax cut is not a tax reduction. It simply means you are taxed tomorrow at the same rate as yesterday.
However if allowed to expire at the end of the year then there will be a change upwards in the amount of taxes paid by those affected.

Business capable folks could solve the problem with one days effort. Politicians as evidenced by past experience and business as usual are capable of solving absolutely nothing.

Re elect no one......Washington needs an enema in the worst way.

btk