Republicans Are Still the Same Old Republicans

For indispensable reporting on the coronavirus crisis, the election, and more, subscribe to the Mother Jones Daily newsletter.


John Boehner’s “Plan B” is obviously just political theater. Hell, it’s not even good political theater. Sure, it allows the the top marginal rate for millionaires to increase to its fiscal cliff level (i.e., the level it will be at if we do nothing), but capital gains rates would go down, dividend rates would go down, and estate tax rates would go down. “Pease” limits on itemized deductions are eliminated, and the planned phaseout of the personal exemption goes away too. On net, millionaires do pretty well for themselves. At the same time, tax rates on the poor and middle class would go up.

This is just a bad joke. But the negotiations of the past few weeks have made clear that nothing has changed in Republican-land. Boehner just flatly doesn’t have the support of his caucus for a real deal. So he makes up weird stuff about interest expenditures “not counting” as a pretense to reject Obama’s latest offer, and then tosses out a plainly unserious plan as a way (he hopes) of creating a land mine for Democrats.

This is grade school stuff. Apparently, there’s simply no way to make a deal with House Republicans. Boehner is doing his best to mask that uncomfortable fact, but that’s where we’re at. The lunatics are still running the asylum.

FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate