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John Boehner: GOP Won’t Agree To Raise Taxes On Wealthy, Even If Obama Wins Reelection

John Boehner: GOP Won't Agree To Raise Taxes On Wealthy, Even If Obama Wins Reelection

Elections often come with a mandate — or at least some sort of consequences for the defeated party, which not only has its candidates rejected by the public, but its ideas as well. Nevertheless, House Speaker John Boehner (R-Ohio) is vowing that even if President Obama is reelected, Republicans will not budge on their refusal to raise taxes on wealthy Americans.

At a press conference Friday morning, a reporter asked Boehner whether Republicans were “eventually going to have to raise taxes in some way” if the president wins in November.

“No,” replied Boehner. “Raising taxes, according to Ernst and Young, would threaten our economy with a loss of 700,000 jobs. Now why would I ever be for something like that? I’m not.”

Boehner’s stand-firm stance is not shared by all of his caucus. According to the Washington Post, “senior Republicans in the House and the Senate” admit that if the president is reelected, he will have leverage to push for allowing the Bush tax cuts to expire on income above $250,000.

Source: Huffington Post

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