Friday, December 7, 2012

Holy Fuck We Are Ruled By Monsters

If this is true (and I tend to trust it since the admin tends to float things to Ezra Klein all the time), then this would be an incredibly dumb and destructive deal.

You see the deal that’s becoming clear here?

Talk to smart folks in Washington, and here’s what they think will happen: The final tax deal will raise rates a bit, giving Democrats a win, but not all the way back to 39.6 percent, giving Republicans a win. That won’t raise enough revenue on its own, so it will be combined with some policy to cap tax deductions, perhaps at $25,000 or $50,000, with a substantial phase-in and an exemption for charitable contributions.

The harder question is what Republicans will get on the spending side of the deal. But even that’s not such a mystery. There will be a variety of nips and tucks to Medicare, including more cost-sharing and decreases in provider payments, and the headline Democratic concession is likely to be that the Medicare eligibility age rises from 65 to 67.
So we could get a better deal on taxes by doing absolutely nothing... and in exchange for accepting a worse deal, we get horribly stupid and incredibly damaging cuts to medicare. Kill this deal and anyone with fire. Primary anyone who supports it.

2 comments:

  1. I say we take off and nuke the entire site from orbit.

    It's the only way to be sure.

    ReplyDelete
    Replies
    1. The important thing is to reduce Medicare to a plain of radioactive glass

      Delete