Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Taxes: GOP's Willing to Compromise (But Not Really)
Posted
November 20, 2012
Views
35,702
Likes
923
Comments
732
Engagement
4.64%
November 20, 2012
35,702
923
732
4.64%
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6:45Now Playing"Usually, when a political party decisively loses an election, the expectation is for it to shift its policy proposals closer to those of the victors — both to promote compromise and to acknowledge the preference of the voters expressed at the ballot box. However, the GOP has apparently decided to chart a different course in the aftermath of the 2012 contest.
In the primary and the run-up to November, the Republican candidates presented various tax reforms all designed around the same basic concept: cut deductions and loopholes, use those savings to cut tax rates, and rely on boosted economic growth from the reform to bring in new revenue. Within a day of President Obama's re-election, and the voters' rejection of their party's economic vision, House Speaker John Boehner (R-OH) and other Republican lawmakers shifted to proposing that Congress... cut deductions and loopholes, use those savings to cut tax rates, and rely on boosted economic growth from the reform to bring in new revenue."*
John Iadarola (Host, TYT University) and Lisa Fergusson (Current TV) discuss Boehner's attempt at compromise...which is really just a reinforcement on his hard-line on not changing taxes at all.
*Read more from Jeff Spross/ Think Progress:
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