Republicans Reject Obama Tax Proposal Sight Unseen

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I just finished reading three stories about President Obama’s upcoming proposal to revamp the corporate tax system in return for some short-term infrastructure spending. However, White House officials have apparently been very sparing with details, because none of the stories made it clear just what tax breaks Obama was offering. The whole thing is still very vague.

But one thing was clear: Republicans have rejected it. Completely. They’re not interested in waiting for the details. They’re just against it, full stop.

Welcome to America.

UPDATE: I’m not sure if this is online yet, but for the record, here’s the summary from a White House fact sheet on Obama’s proposal:

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

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