Your morning jolt: An Obama victory could mean a GOP retreat on taxes

The Washington Post today connects the Nov. 6 election with the lame-duck session of Congress to follow:

Senior Republicans say they will be forced to retreat on taxes if President Obama wins a second term in November, clearing the biggest obstacle to a deal with Democrats to defuse a year-end budget bomb that threatens to rock the U.S. economy.

Republicans have long resisted tax increases of any kind. But taxes are a major battleground in the campaign between Obama and Republican Mitt Romney, Capitol Hill veterans say, and the victor will be able to claim a mandate for his policies.

“This is a referendum on taxes,” said Rep. Tom Cole (R-Okla.), a senior member of the House Budget Committee. “If the president wins reelection, taxes are going up” for the nation’s wealthiest households, and “there’s not a lot we can do about that.”

U.S. Sen. Saxby Chambliss isn’t quoted, but the Gang of Six outline of what might happen, detailed in the Post piece, mirrors what he told us last month.

***
Gov. Nathan Deal on Thursday night took up for GOP presidential nominee Mitt Romney and his contention that 47 percent of American voters prefer government dependence. From the Gwinnett Post:

“We’re getting outnumbered by people who don’t pay … The truth is the truth,” Deal said to a group of more than 100 GOP leaders. “It is something we ought to wake up and realize because it jeopardizes the country on many levels.”

The governor predicted that a Romney win in November would result in “a bonanza the likes of which we haven’t seen in this country in a long, long time.”

***
President Barack Obama, during a swing through Florida, generated two lines of news on Thursday, according to the Associate Press:

“When you express an attitude that half the country considers itself victims, that somehow they want to be dependent on government,” Mr. Obama said, “my thinking is maybe you haven’t gotten around a lot.”

Republicans preferred to focus on this:

Obama, who ran for president in 2008 on a pledge to fix Washington’s combative tone, said in an interview that he had come to the conclusion “you can’t change Washington from the inside. You can only change it from the outside.” Adding that he wanted people to speak out on issues, he went on to say: “So something that I’d really like to concentrate on in my second term is being in a much more constant conversation with the American people so that they can put pressure on Congress to help move some of these issues forward.”

***
The AJC’s Politifact Georgia today takes a look at Republican characterizations of a 1998 statement by then-state senator Barack Obama on the redistribution of wealth.

***
Doug Chalmers, an attorney for Senate Majority Leader Chip Rogers of Woodstock, says his client didn’t do anything wrong when it came to reimbursements for campaign mailings – but that it won’t happen again. From the Marietta Daily Journal:

“It was proper for him to be reimbursed because he had loaned his campaign tens of thousands of dollars which were used to make these expenses in first place. There will be no double dipping—it’s perfectly legal,” Chalmers said.

Chalmers said Rogers has already taken steps to correct the matter.

“Even to avoid an appearance of impropriety, when the issue was brought to his attention, he cut a personal check to his campaign for $8,500,” Chalmers said.

***
Walter Jones of Morris News Service reports that U.S. Rep. John Barrow of Augusta has agreed to appear in an Oct. 21 debate hosted by the Atlanta Press Club and aired statewide on GPTV.

Even if his Republican challenger, state Rep. Lee Anderson of Grovetown, won’t.

Now Barrow’s challenge will be to avoid any comparisons to Clint Eastwood.

***
So we have a case in Fulton County in which the head of its election division failed to tell anyone that he was going to disappear for a few days – into the county jail, in order to make amends for a DUI that occurred last December.

Then there’s DeKalb County Commissioner Stan Watson. According to Fox5 Atlanta’s Dale Russell, four police officers told an internal affairs team that they could have arrested Watson for DUI as he left the parking lot of a bar at 2:30 a.m., inebriated and belligerent. But they didn’t.

- By Jim Galloway, Political Insider

For instant updates, follow me on Twitter, or connect with me on Facebook.

49 comments Add your comment

the cat

September 21st, 2012
9:38 am

I can’t wait to move out of this corrupt state.

Ga Values,

September 21st, 2012
9:46 am

Real Clear has Romnie up by 21%, surprised it’s that close

://www.realclearpolitics.com/epolls/latest_polls/

Ga Values,

September 21st, 2012
9:47 am

that’s up 21% in Georgia

Don't Tread

September 21st, 2012
9:48 am

I can’t wait until you move either.

Tourist Update

September 21st, 2012
9:57 am

Pawlenty quit & now We are talking about accepting the status quo. It looks like us Republicans are in opp. until 2016. C’est La Vie, maybe it’s for the best. It’s the Republican Party not the Tea.

Cutty

September 21st, 2012
9:59 am

“We’re getting outnumbered by people who don’t pay … The truth is the truth,” Deal said to a group of more than 100 GOP leaders. “It is something we ought to wake up and realize because it jeopardizes the country on many levels.”

Right after he cuts a $4.5M in taxpayer funds to one of his developer homies. Yeah, ok.

Road Scholar

September 21st, 2012
10:02 am

Hey Nathan…tax breaks for everyone!

GaBlue

September 21st, 2012
10:12 am

When is Gov. Shady going to give the citizens of Georgia seminars on personal money management? My sources tell me he has almost completely wiped out his $4 Mil in personal debt, in less than one term, on a salary of $135K/yr. That’s ASTOUNDING! Our good Godly leader (he’s “a husband! and a father!”) sure wants the rest of us to be responsible with our personal finances, so we can sustain ourselves and contribute our fair share, right?

PLEASE, GOVERNOR! Tell us how you did that!

Bob Loblaw

September 21st, 2012
10:16 am

“This is a referendum on taxes,” said Rep. Tom Cole (R-Okla.), a senior member of the House Budget Committee. “If the president wins reelection, taxes are going up” for the nation’s wealthiest households, and “there’s not a lot we can do about that.”

Are you seriously whining about raising taxes on the “wealthiest households”? We have had more unemployment for a longer period of time since the great depression. Who else are you going to target for a tax increase?

Is this guy doing Romney’s PR as well?

cc

September 21st, 2012
10:23 am

the cat@9:38 am:
“I can’t wait to move out of this corrupt state.”
I-20, I-75, I-85, I-95, Delta or Grayhound, however I recommend a U-Haul or Ryder truck so there will be no reason for you to return.

Ayn Rand was right

September 21st, 2012
10:23 am

Our White House is comparing the upheaval in the ME to the Fall of the Berlin Wall…do we need anything else to show us how delusional they are?

cc

September 21st, 2012
10:34 am

Enter your comments here

cc

September 21st, 2012
10:35 am

Ayn Rand was right@10:23 am:
“do we need anything else to show us how delusional they are?”
They, and specifically Obama, are not delusional. They are on schedule and moving ‘forward’.

Allie F.

September 21st, 2012
10:35 am

What total BS and pandering for the Dems! Thanks to Obama, taxes go up on EVERY American. Get your facts straight.

td

September 21st, 2012
10:39 am

Our Federal government had a $1.1 trillion deficit (that means we spent this much more money then we took in) and we are $16.4 trillion in debt. If we raise the taxes you libs want on just the rich to the Clinton era levels then we will bring in another $70 billion per year. How is this going to balance our budget?

The top 10% of earned $1,3 trillion dollars last year so if we taxed them at 100% then we would have a $200 billion surplus to pay down a $16 trillion debt. How many years would this take?

As Bill Clinton said lets stop the BS and do the math people.

Hilton Spence

September 21st, 2012
10:52 am

Ayn Rand was no way right about anything.
I don’t understand why middle-class people are voting
for this man who doesn’t give a damn about anybody but himself.
If you are not rich in this society, everyone has disdain for you.
ENOUGH! Off with their heads.

cc

September 21st, 2012
11:03 am

Hilton Spence@10:52 am:
“If you are not rich in this society, everyone has disdain for you.”
Not to worry! Left unimpeded, Obama and his regime will make everyone equally poor. You can count on the fact that you will be considerably worse off if Obama is re-elected. That will be OK, though, because those evil rich people will be a little poorer than they are now. So, go out and celebrate!

WOW

September 21st, 2012
11:05 am

@ GA Values

The poll you site is an Insider Advantage poll (always republican leaning poll) not a real clear poll. While I don’t dispute Romeny will win GA it certainly will not be by 21%.

buzzy

September 21st, 2012
11:12 am

We don’t know what taxes will do. Mitt Romney has been real clear what he would do with taxes. Ryan and Romney are a little hazy on the subject (as usual).

Jaynie

September 21st, 2012
11:26 am

Mr. Deal need sto understand there were over 4000 people who made one million or more dollars in the last three years who paid no income taxes and that is within the law. Get the law changed so that folks making that kind of money are paying income taxes. I don’t make a million and I pay taxes. So should they. I don’t resent paying taxes and am willing for my tax rate to go up as long as spending cuts are made as well. I am extremely resentful of being told 47% of people who don’t pay taxes are moochers. Apparently millionaires can be considered moochers too.

Buymadeinusjobs

September 21st, 2012
11:34 am

Please go to C-span. org, Listen to rommey video of 5/14/12 just released, he states “47% of those people, (Americans including 41% of Georgians, white, black, purple who do not pay federal income tax consider themselves victims and feel entitled to healthcare, food etc. This 47% includes about 10% seniors, veterans. 26% of worker who earn too little etc.

This just supports all republicans voted for in Ryan’s vote to cut medicaid which pays for nursing homes for seniors and disabled and healthcare for them and children of unemployed, low earners whose employers do not offer insurance or they cannot afford it.,
also give vouchers for medicare without guarantee that voucher will increase as prices go up like congress plan does.
They will give millionaires another tax cut to use your money. Go to c-span, org, read the Ryan budget passed by all republican house and senate. check your members votes their on that and also their other votes. You may be able to write in names if you only have a republican to vote for, Protect your own pocketbook.
Rove Of Crossroads, Koch bros of American prosperity, Corporations who took your job o0verseas’ chamber of commerce, and many politicians tell half truths to get elected. check their votes, that is how they really feel about you, do not be a sucker.

Drew

September 21st, 2012
11:34 am

“Thanks to Obama, taxes go up on EVERY American. Get your facts straight.”

President Obama wants to maintain the current rates for those earning less than $250,000 per year. His allies in the Democratic Senate passed a bill – way back in July – to make that happen. Mitt Romney’s allies in the House killed it: because if Mitt Romney, the $200 million man, can’t keep his tax rate, we can’t have ours.

Meanwhile, Mitt Romney thinks that those who don’t pay income taxes – almost all of whom are either the working poor, seniors, disabled, or students – should pay more. And Nathan Deal – governor of the state with the second-highest percentage of people who don’t pay income taxes – agrees!

Keep voting Republican, Georgia. They’ll raise your taxes.

yuzeyurbrane

September 21st, 2012
11:37 am

Everyone who is part of Romney’s 47% parasites who voted for Deal should get their head examined. Just assume he believes what he says and what that is doing (not will do) to your life.

As to prediction of reasonable compromise on budget in lame-duck session of Congress, I am skeptical it will happen but would certainly welcome return of Republicans from their delusional trip to alternative universe.

Todd R

September 21st, 2012
11:50 am

Tell david Shafer to leave Chip Rogers alone. We know he wants to take is place and is spreading vicious rumors to Walls and the AJC.

DannyX

September 21st, 2012
11:51 am

How much taxes does a bankrupt Republican governor pay?

sallyjohanna

September 21st, 2012
11:53 am

If Obama gets re-elected the GOP will be no more….America will be a central party controlled by Liberal Socialist Progressives. Obama already has designed the flag we will fly under, have you seen it?

Veteran Observer

September 21st, 2012
11:54 am

If everyone will notice, Mr Galloway added the phrase” for the wealthiest households” to Congressman Cole’s remarks(note there are no quotation marks around it)! Jim you used to have some integrity, but this is unfair and representative of the panic that this President has generated in the media with his incompetence and failed presidency! NO Republican has ever said that they will raise taxes on anyone, period! Mr Obama’s failures in leadership are evident and glaring in the mess in the middle east, unemployment, economic disaster, and trillion dollar deficits and this is what should be discussed daily by the people and the media, representing the people! It all boils down to one simple question, Are you better off today than you were four years ago and is the country better off today than four years ago? I don’t believe anyone, other than the useless academics that he has put in his administration at key positions, can answer either question in the affirmative! It is time for a change to save the middle class and give hope to all Americans again! You know it and most people know it and that is why, despite the constant lies and attacks spewing forth from the Democrats and their allies, we will have a new President in November and new hope for the future as we end this four year experiment with this President who is in way over his head!

Diogenes

September 21st, 2012
11:55 am

Ironic isn’t it that, according to the Tax Policy Institute, the ten states with the highest percentage of non-payers of federal income tax, eight are red states, only one blue state and one tossup state, Florida. Oh, by the way, Nathan, Georgia comes in second in terms of moochers ( almost 2 million non-payers) only behind Mississippi. Apparently, you don’t know your electorate very well.

UGA red dawg

September 21st, 2012
11:56 am

Yes, I can hardly wait for 4 more years of Obama, and his flunkie, yes man Joe Biden… God help us all if that happens. And GA BLUE, I think Nathan Deal sold some property to pay off some of his debts. Just because you do not like the guy, does not mean everything he does is crooked. Some Democrats in GA just can’t accept fact that they are not in the majority any more. Tough world isn’t it? I never heard the Democrats complaining when we had old cronies like Tom Murphy and his clique of rednecks running the state of GA!

td

September 21st, 2012
11:57 am

rew

September 21st, 2012
11:34 am

“Thanks to Obama, taxes go up on EVERY American. Get your facts straight.”

President Obama wants to maintain the current rates for those earning less than $250,000 per year. His allies in the Democratic Senate passed a bill – way back in July

And how much money will this bring into the government? Will this balance our budget?

td

September 21st, 2012
12:01 pm

DannyX

September 21st, 2012
11:51 am

How much taxes does a bankrupt Republican governor pay?

Link to Deal ever being bankrupt? I can guarantee that Deal pays more in taxes per year then you do.

Kris

September 21st, 2012
12:08 pm

IS dirty DEAL in the 47% that do not pay taxes or the 52% that pay more than their share?

When is the governor going to come clean …he denied that ts-plost was not his idea… he had a much
asphalt on his hands as CWM and rogers….I will not go to the failed store, that sold dirty stuff…

@ Cuttyy “Right after he cuts a $4.5M in taxpayer funds to one of his developer homies. Yeah, ok.”

And line his pocket..

Fair warning we got to stop this charter boondoggle..

RE-Elect President OBAMA

MANGLER

September 21st, 2012
12:10 pm

td,

Raising taxes while reducing spending will bring in more money than lowering taxes while increasing spending will. That’s not partisan, that’s math.

Auntie Christ

September 21st, 2012
12:11 pm

romney, deal, ryan and 98% of the repub leadership are outright liars, and/or duplicitous dissembling scumbags. They know it, and they have no shame, and the willfully uninformed, like their defenders commenting here, are their minions. Fools all. Even the barely literate, if they desired to, could do a simple google search on the following, but willful ignorance is so much easier than actually learning the truth. Facts, after all, are the enemy of prejudices and preconceived notions:

The Tax Policy Center estimates that 4,000 households with incomes over $1 million ended up with zero federal income tax liability in 2011. Another 14,000 made between $500,000 and $1 million. Source: http://finance.yahoo.com/news/4-000-richest-romneys-47-190300071.html

From the Wash Post (Ezra Klein): the tax breaks passed into law in Reagan’s second term and Bush’s tenure were accompanied by big jumps in the number of households that were exempted from paying taxes. In Reagan’s last few years in office, the percentage of households not paying taxes jumped by more than 10%. Under Bush, it increased by more than 25%. Under the circumstances, it’s ironic that the Republican candidate for president is now so quick to demonize a group that his predecessors so massively expanded.

Two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress.

The study by the Government Accountability Office, expected to be released Tuesday, said about 68 percent of foreign companies doing business in the U.S. avoided corporate taxes over the same period.

Exxon Mobil made $19 billion in profits in 2009. Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion. Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS. Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.
Source: http://www.sanders.senate.gov/newsroom/news/?id=67562604-8280-4d56-8af4-a27f59d70de5

These are just the most blatant, but two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress.

Bernie

September 21st, 2012
12:22 pm

“We’re getting outnumbered by people who don’t pay … The truth is the truth,” Deal said to a group of more than 100 GOP leaders.”

This is Rich!…….Talk about the kettle calling the POT Black………

DannyX

September 21st, 2012
12:31 pm

” I can guarantee that Deal pays more in taxes per year then you do.”

You personally can guarantee that all you want td, it means nothing. Absolutely nothing. You don’t know anything about me.

td

September 21st, 2012
12:36 pm

MANGLER

September 21st, 2012
12:10 pm

td,

Raising taxes while reducing spending will bring in more money than lowering taxes while increasing spending will. That’s not partisan, that’s math.

Can you please tell us what exactly Obama is going to cut spending on? His own budget says he will increase spending and on the campaign trail all I hear is about the “investments” (more spending) he is going to make.

td

September 21st, 2012
12:37 pm

DannyX

September 21st, 2012
12:31 pm

” I can guarantee that Deal pays more in taxes per year then you do.”

You personally can guarantee that all you want td, it means nothing. Absolutely nothing. You don’t know anything about me.

I have read enough of your post to make a logical assumption that you do not make more then the $150,000 per year the governor is paid. I am willing to wager I am right.

Weetamoe

September 21st, 2012
12:41 pm

I prefer gridlock for the next four years.

Bernie

September 21st, 2012
12:45 pm

The Governor thinks like Mitt, that 47% of you are Government MOOCHERS! Always wanting something for NOTHING! Oh by the way, He will be needing your “MOOCHING VOTE” when its time for re-election.

if you are not too busy MOOCHING to VOTE!

He will let you know when it is time to ignore such comments and give HIM all of the Love that a Governor should get from a MOOCHING citizenry. One MOOCH at a time!

If President Obama wins, TAXES will be a Far more of a secondary issue to the concerns of the Republican Party. They will have more of a concern of SURVIVAL!
As a Party, out step with an ever growing Progressive Electorate, it will be many years before they get control of the Federal Government again.

DannyX

September 21st, 2012
12:55 pm

“I have read enough of your post to make a logical assumption that you do not make more then the $150,000 per year the governor is paid.”

Really td? Based on your posts I would say you make about $8,000 a year.

The truth of the matter is you know anything about me. This is an anonymous blog, I can claim to be anything I want. You can also have your own idea of who I am.

Rich, poor, black, white, brown, straight, gay, single, married, atheist, Catholic, Muslim??? Maybe I use 2 different ip addresses and post as a conservative also? Maybe I’m a small business owner with 20 employees, have a wife and 2 daughters and spend my time blogging all day. Who knows?

td

September 21st, 2012
1:00 pm

DannyX

September 21st, 2012
12:55 pm

I have no doubt that you post under multiple screen names and under different ip addresses. There is really only about 5 or 6 of you regulars makes it appear that you are really 25 or 30 lib bloggers.

Buymadeinusjobs

September 21st, 2012
1:19 pm

We are better off, are we losing 700,000 jobs a month like we were when President Obama took office, if Filibuster repub senator Mcconell and all his republicans ducklings marching in lockstep with him had not filibusted, we would have had more people working construction jobs building roads, etc atlanta needs them, and everyone needs them to compete with China’s new roads etc, research China on internet. If Georgians had good paying jobs, more would pay taxes. Check votes in house and senate on c-span.org. to see how often republicans punished American people by their behavior(no veterans job bill, filibustered.) Why do non-rich voters keep getting made a fool of by republicans, find something the republicans have done for you.
Another good thing would be for U.S. to stop being the world’s police, close all embassies, let big corporation pay for security to protect themselves all over the world where they have taken our jobs, they do not pay taxes so we have to pay for Navy ships to protect the goods they ship.
We are out of Iraq but still paying contractors, others , Who is protecting embassies?

yuzeyurbrane

September 21st, 2012
1:45 pm

td–as I recall, and I am sure you will correct me if my memory is inaccurate, several things continue to be shady about Deal’s finances: 1) the bankruptcy filing did not list him as owning any of the busn. when he had majority interest per corp. records–fraudulent bankruptcy? 2) busn. was purchased by a shady guy from California for porn movie outlet in N. Ga, mountains. Paid premo price. Why? 3) rest of loan balance refinanced on favorable term by Gainesville bank. Standard loan underwriting or Chip “Will the Winner” Rodgers standards? It seems like theft by the rich and powerful does not bother you as much as a few food stamps for folks who would otherwise starve.

Carol

September 21st, 2012
1:56 pm

Sometimes Politicfacts completely amazes me. How can they say that Romney’s comments were mostly true, when the premise on which they are based is false????

Carol

September 21st, 2012
2:10 pm

Sallyjohanna
If Obama gets re-elected the GOP will be no more….America will be a central party controlled by Liberal Socialist Progressives. Obama already has designed the flag we will fly under, have you seen it?
++++
You really need to turn off FAUX News and enjoy some other form of comedy now and then.

Auntie Christ

September 21st, 2012
2:41 pm

Veteran Observer
September 21st, 2012
11:54 am
It all boils down to one simple question, Are you better off today than you were four years ago and is the country better off today than four years ago? I don’t believe anyone, other than the useless academics that he has put in his administration at key positions, can answer either question in the affirmative!
*************************************************
That’s a joke right? Are you actually that clueless? 4 years ago this week, your candidate ’suspended his campaign’ because the economy was circling the toilet, and he had to get back to DC to save it. The stock market was losing 700-1000 points daily, destroying the 401K’s of the middle class, 800K jobs a month disappeared, and every ‘pundit’ in America was predicting a depression not seen in history that would make the 1930’s look like the 1990’s. Yet you and your benighted, bemused cohorts on the right actually ask with a straight face “Are you better off today than you were four years ago and is the country better off today than four years ago?” Those blinders you’re wearing clash with your tin foil hat, you need to consider ridding yourself of one or both, life is good here in this universe.

Our Less Fortunate Friends

September 21st, 2012
3:15 pm

Are you better off today than you would have been under Sarah Palin after John McCain choked on a Pretzel?

If you’re one of Our Less Fortunate Friends, the answer is an unequivokable yes.

If you’re anyone else….the answer is obvious.

Mitt Romney has neither the charm of Palin or the Gravitas of McCain.

Mitt Romney wants to BUY the white house.

Romney is like interest. You either get it or you don’t. Those that get interest earn it, those that don’t pay it. Those that Get Romney, see what he is. Those that don’t, plan to vote for him this November.

Edmund Ruffin

September 22nd, 2012
7:06 am

Why should the GOP be talking about “if Obama wins”? He should be the easiest president to beat since the inept J. E. Carter. Of course, we are talking about Republicans who manage to run very poor campaigns, re: McCain 4 years ago. The Republicans need to go on the offensive against the Socialist-in-Chief and hit hard, tell the people the truth instead of pandering to PC.