October 09, 2007

Someone tell Harry Reid to get the dick out of his ass

According to Senate Majority Leader Harry Reid, making private equity managers pay the same taxes the rest of us pay isn't even going to come up this year.

Senate Majority Leader Harry M. Reid (D-Nev.) has told private-equity firms in recent weeks that a tax-hike proposal they have spent millions of dollars to defeat will not get through the Senate this year, according to executives and lobbyists.

Reid's assurance all but ends the year's highest-profile battle over a major tax increase. Democratic lawmakers, including some presidential candidates, had been pushing to more than double the tax rate on the massive earnings of private-equity managers, who the Democrats say have been chronically undertaxed.

Harry, a word of advice... GET A BILL ON THE FLOOR. RECORD THE VOTES. MAKE THE REPUBLICANS TAKE A STAND AGAINST ORDINARY AMERICANS. I know you're kind of sloppy at PR, but not even bringing the thing to battle is just stupid. This could be a wonderful campaign issue, but if you don't let it come up then we can't use it as effectively. Damn, I know you're smart as a whip so why the fuck can't you see this?

This is a debate we're ready for. This is one we can win and crush the Republicans on economic issues. Get something, ANYTHING, moving and let's take the fuckers head on.

On the lighter side, Senator Obama has come out, chiding the lobbyists who kept this legislation down and trumpeted his intention (if elected) to close the loopholes that let private equity managers get away with this. My question? Why not do something now since you are, you know, IN THE FUCKING SENATE.


Posted by mcblogger at October 9, 2007 12:33 PM

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