Saturday, November 24, 2012

"What’s got her guts in an uproar is apparently rumors that the President wants to cap charitable deductions and lower the mortgage interest deduction… coupled with the sudden and unwelcome realization that Republicans are maybe going to smile nastily and let Obama do just that…"

The Mandate To Raise Taxes on the “Rich” - Susan Estrich
Within days of winning the election, President Obama announced that his victory gave him a mandate to raise taxes on the "rich."

Come again? This was a two-and-a-half-point election. It reflected a painfully divided electorate. The only mandate I saw was to unite a divided country.
Let Obama be Obama - Ed Driscoll/PJM

Silly Susan. She of all people should know that the MSM grants every Democrat president a mandate to do whatever harebrained schemes he’s dreamed upon winning — even when he doesn’t receive an absolute majority of the vote.

Which is but one reason why Moe Lane of Red State writes,◼ ”While I think that it’s adorable that Susan Estrich thinks that Barack Obama cares about why anybody did or did not vote for him, it’s also pretty much irrelevant:”
What’s got her guts in an uproar is apparently rumors that the President wants to cap charitable deductions and lower the mortgage interest deduction… coupled with the sudden and unwelcome realization that Republicans are maybe going to smile nastily and let Obama do just that…

What’s that? Why is that a possibility? Oh, well, the reason why is because a hard cap on charitable deductions will bite deep into the willingness of rich liberals to fund nonprofits, including ones that are frankly front groups for Leftist advocacy organizations; and lowering the mortgage interest deduction will have the same effect on Blue State residents as would, say, a sledgehammer between the eyes would to a cow. Shared sacrifice, baby.
Which brings us to ◼ Victor Davis Hanson’s recent column at NRO, and this modest proposal: “Why doesn’t the Republican-controlled House of Representatives give both voters and President Obama what they wished for?”