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Clinton (Bill) Says Repeal The Bush Tax Cuts Now

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Jon8503 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 09:41 AM
Original message
Clinton (Bill) Says Repeal The Bush Tax Cuts Now
Edited on Sat Sep-17-05 09:42 AM by Jon8503
Clinton Echoes Call to Repeal the Bush Tax Cuts Now

Oped in the San Francisco Chronicle was timely - today former President Bill Clinton publicly said Bush's tax cuts should be repealed (see the video clip linked below). Granted, he is not a high-profile currently-ELECTED Democrat, but he's pretty high-profile nonetheless. Let's hope the Democratic leadership in Congress and the 2008 presidential contenders start to echo this and make it a central theme in the next weeks and months. Remember, as I noted in my piece, with record deficits and all the bills from Iraq and the Katrina rebuilding piling up, the Bush administration's tax cuts would give $336 billion to the wealthiest 1 percent of Americans over the next 5 years. That's money we are literally going to give away to those handful of Americans who make an average of $1 million a year or more. We can't afford it - and it's time for the Democratic Party as a whole make that truth part of its core message moving forward.

http://www.workingforchange.com/blog/index.cfm?mode=ent...

Sources:
San Francisco Chronicle op-ed:
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronic...
In TV appearance, Clinton calls for repeal of Bush tax cuts:
http://www.crooksandliars.com/2005/09/16.html#a4977
Bush tax cuts would give richest 1% $336 billion in the next 5 years:
http://www.ctj.org/pdf/gwbdata.pdf

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FloridaPat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 10:00 AM
Response to Original message
1. I'm sure I heard them mention that fact quit a lot before the bill was
passed in the first place. I wonder who's going to pay for the debt * is piling up? How about not giving government contracts to companies who aren't American. That way we can at least get taxes back. Yes, I'm referring to Halliburton. Probably most of the rest of the defense contract companies are "based" overseas.

And how much longer is the rest of the world going to hold the paper for these loans?
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Jon8503 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 10:08 AM
Response to Reply #1
2. But - But Bush says whatever the cost will be is what it will be and
Edited on Sat Sep-17-05 10:09 AM by Jon8503
all we need to do is spend the money wisely. I gues he is referring to for example the "bridge to no-where" that got tacked on the recent bill for several million in Alaaka where only a few hundred will use it.

I also hope someone besides Fema will be handling this money, what is the estimated cost? over 200 billion.
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AX10 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 10:34 AM
Response to Original message
3. ...and we should cut out government/corporate...
pork too. The debt level is horrible.
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jedr Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 10:39 AM
Response to Original message
4. The Big Dog has been spending allot of time with daddy Bush;
As the fiscal Conservative Re-pubs pull away from *, do you think that daddy is trying to hold the Party together by using Clinton as a mouthpiece?
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