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Are we stepping away from the cliff?

The word is that John Boehner has now conceded in essential concept and has said he will take increased tax rates — from 35 to 39 on the top margins — for persons making more than a million dollars a year.

So now we just haggle on the price.

President Obama wants 39 percent over $250,000. I see a counter-offer at a half-million, or, better yet, since Boehner wants to talk about a million dollars, an imposition of the so-called Buffett Rule by which those making more than a million dollars would pay an effective tax rate of 30 percent.

After that, Obama and the Democrats must give something real and substantial on entitlements. Personally, I’m not hung up on waiting longer for Medicare. A little longer. Sixty-five, sixty-six. For 12 months, I’ll use my new Social Security to pay my premium on my health savings account/ high-deductible Blue Cross policy.

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4 Responses to 'Are we stepping away from the cliff?'

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  1. John you might no be hung up on waiting till 67 but what about the elderly poor who have to pony up for a few more years…I bet that are not as cavalier as you.

    Steve Davison

    17 Dec 12 at 11:11 am

  2. which is why i said personally. dems gotta give something on longterm drain of entitlements. something. the elderly poorest would have medicaid while waiting for medicare.

    jbrummett

    17 Dec 12 at 11:20 am

  3. 400K was a number I heard getting bounced around on an NPR show this morning.

    Delta2

    18 Dec 12 at 8:37 am

  4. Well guess what. Poor people are not living longer. actually since 1990 the life expectancy of the working poor has gone down four years, thank you piss down economics. of course life expectancy for the wealthy has gone up. so naturally let’s make the poor and elderly pay for the foolishness caused by the decadent rich fat cats. I wonder who the true parasites in this nation are?

    tom mason

    18 Dec 12 at 10:45 am

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