The No-New-Taxes Democrats
Obama and Reid need to convince their own caucus to raise taxes.
Reid can't get the 51 votes needed.
Ben Nelson of Nebraska, up for re-election in November 2012: "Raising taxes at a time when our economy remains fragile takes us in the wrong direction." He adds: "If we start with plans to raise taxes, pretty soon spending cuts will fall by the wayside."
Joe Manchin of West Virginia, also up for re-election next year, told us: "Make no mistake, I don't believe in tax hikes, I believe in tax fairness." This means closing "unnecessary loopholes."
Virginia's Jim Webb, who is retiring at the end of next year: "During my time in the Senate, I have consistently opposed the notion of increasing revenues through raising taxes on ordinary, earned income—those amounts, whether large or small, that Americans take home as part of their every-day work and their basic compensation packages." He said he advocates raising taxes "by other means," including "ending costly subsidies and tax loopholes or by adjusting such measures as capital gains."
Joe Lieberman, the independent from Connecticut, told the Connecticut Mirror he has a lot of "unanswered questions" about the Democratic budget plan, and that the $2 trillion to come from tax hikes could be too "high" for him to accept. "For 50% to come from tax increases is a lot."
Specific tax-hike proposals also hit a wall of opposition in the Democratic caucus. An increase on the oil and gas industry, a top priority for the White House, has firm opposition from three energy-state Democrats—Mary Landrieu of Louisiana, Mark Begich of Alaska and Mr. Nelson of Nebraska. Ms. Landrieu cites bipartisan opposition to the idea.
Bill Nelson of Florida and Mr. Begich have expressed reservations about another populist Democratic revenue raiser: a millionaire surtax.
One of the most unjustified tax loopholes is the ethanol subsidy. But 13 Senate Democrats voted against a measure earlier this year to kill it, including Iowa liberal Tom Harkin.
Obama knows he doesn't even have the support of many democrats anymore.
edit on 093131p://bSaturday2011 by Stormdancer777 because: (no reason given)