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Robert Reich Nails It...Tax Jujitsu: Why Democrats Should Propose a "People's Tax Cut"

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EXneoCON Donating Member (197 posts) Send PM | Profile | Ignore Wed Aug-25-10 01:59 PM
Original message
Robert Reich Nails It...Tax Jujitsu: Why Democrats Should Propose a "People's Tax Cut"
Edited on Wed Aug-25-10 02:02 PM by EXneoCON
snip "Republicans are calling the Democrat's proposal to end the Bush tax cuts on the richest 3 percent a "tax increase," and demagoging that it will hurt the economy and small business. This is baloney, to put it politely. Let me count the ways:..." snip

Read more at http://www.truth-out.org/robert-reich-tax-jujitsu-why-democrats-should-propose-a-peoples-tax-cut62665
____________________________________________________________________________________

Reich exposed it, Reich proposed it, now mabye Grayson will introduce it!




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alstephenson Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-25-10 02:02 PM
Response to Original message
1. K & R
for a great idea.
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vi5 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-25-10 02:34 PM
Response to Original message
2. That would require....
Democrats to take control of a debate, to introduce their own terms, and play offense rather than continually playing defense against a republican controlled debate.

What do you think the odds of that happening are?
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txlibdem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-25-10 04:03 PM
Response to Reply #2
3. Unfortunately true
+1
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MisterP Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-25-10 07:34 PM
Response to Reply #2
6. and have a leadership to the left of Nixon or Generalísimo Franco...
but as long as people vote for them no matter what they do, they won't have to change: primaries are a sham when you can outspend Real Change, offer its candidates WH jobs, send OFA, or close polling places
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Uncle Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-25-10 04:14 PM
Response to Original message
4. Kicked and recommended.
Thanks for the thread, EXneoCON.:thumbsup:
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Greyskye Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-25-10 06:05 PM
Response to Original message
5. The meat of the proposal:
Democrats should propose eliminating payroll taxes on the first $20,000 of income, and making up the revenue loss by applying payroll taxes to incomes above $250,000.


Heard this on NPR this afternoon. Tax cuts for most people, stimulates the economy, and is deficit neutral. Brilliant!
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CLANG Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-25-10 07:43 PM
Response to Original message
7. That is thinking outside the box! Good job, Mr. Reich!!
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SHRED Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-25-10 10:06 PM
Response to Original message
8. K&R
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Martin Eden Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-26-10 12:41 PM
Response to Original message
9. K&R for the TRUTH
Reich merely states what should be plainly obvious to the vast majority of people with more than half a brain.

If the Democratic Party can't make the majority of voters see this then either their cranial capacity or their devotion to economic justice (or both) must be seriously called into question.
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Alcibiades Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-26-10 01:41 PM
Response to Original message
10. "tax cut was designed to end this year, so it's not a tax increase."
"Bush's ten-year tax cut was designed to end this year, so it's not a tax increase."

Go one step further: since Bush and the GOP designed the tax cut to only last for ten years, this tax cut was part of their plan all along. It's a REPUBLICAN TAX HIKE!
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