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Beating Bush on taxes - getting the high ground

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Neil Lisst Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 08:50 AM
Original message
Beating Bush on taxes - getting the high ground
Edited on Fri Apr-07-06 08:51 AM by Neil Lisst
Forget the balanced budget. Forget trying to make the wealthiest pay a higher tax. Stop playing defense on two losing arguments.

Stop fighting with them over their tax breaks for the wealthy, and say we will agree to a one year extension of same, PROVIDED, the Pubs agree to eliminate all income taxes on revenue under $40K per year.

Make them deny the under 40K wage earners their big tax break. After all, hasn't Bush told us over and over how much better it is to leave the money in the hands of the citizens?

This proposal would solidify the role of Democrats as protecting the below $40K per year wage earners.

Obviously, this would drive the deficit higher, but Reagan proved deficits didn't count. Didn't he? Let them worry about the long term. Let us worry about winning in November, whatever it takes.
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DUHandle Donating Member (580 posts) Send PM | Profile | Ignore Fri Apr-07-06 08:53 AM
Response to Original message
1. Your last sentence
is my goal for the midterm elections.

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Neil Lisst Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 09:05 AM
Response to Reply #1
12. If we don't win one house of congress in November,
Elizabeth, Honey, I'm comin' to see ya!
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madokie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 09:10 AM
Response to Reply #1
15. No matter who I have to lie to or steal from, we must win
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Sammy Pepys Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 08:53 AM
Response to Original message
2. Love the idea...
...but I think even some Congressional Dems wouldn't touch that.
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seabeyond Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 08:53 AM
Response to Original message
3. hey, what about me. why am i the only fuckin one paying taxes
both with wage and business. cant get taxes from corps so go after small business. cant get tax from rich and shouldnt from poor, so get it from middle income.

i dont think so

fix the damn thing, take loop holes out, and put their ass in jail if they dont pay
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Neil Lisst Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 08:59 AM
Response to Reply #3
7. it's a deal. 40K to 100K get a 5% reduction in taxes.
we need a supermajority in the congress
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seabeyond Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 09:02 AM
Response to Reply #7
10. but but but, i am willing to pay taxes. i have kids in school
Edited on Fri Apr-07-06 09:03 AM by seabeyond
wtf, schools arent getting the money anyway. just gave gift of 25 to each teacher so they could buy supplies. not the first time i have done that. i also paticipated in every money drive they have had. we are personaly funding the schools

thanks.....

all of em, assholes.

on edit: we did get the 300 all those years ago, as tax increased and we gave back to govt same year, wink
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Neil Lisst Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 09:07 AM
Response to Reply #10
13. I think we need a plan that steals the TAX issue back for us.
It's Sampson's Hair!

It's Achilles' Heel!

We gotta get it from them.
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seabeyond Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 09:10 AM
Response to Reply #13
14. you are right and it is important. repugs irresponsibility
is going to cause any dem elected to have to pull financial strap in order to bring money in and spend on the programs bush let rot away last 5 years, and this is going to once again pin the dems as big spenders, which is bullshit. all because of repugs lacking in fiscal responsibility.

gonna be a tough one for dems to balance
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DUHandle Donating Member (580 posts) Send PM | Profile | Ignore Fri Apr-07-06 10:37 AM
Response to Reply #3
18. It’s a double edged sword.
I often think that Bush and Company are not only fulfilling Norquest’s bathtub dream but also creating a poison pill where taxes have to be raised, and that is anathema to staying is office.

A simple solution would be to enforce existing tax laws and change the emphasis to auditing the $200,000 on up people.

That group is diehard Republican, so there should be no change in the flow of votes or campaign contributions.

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mdmc Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 08:54 AM
Response to Original message
4. any economist know how much this would cost? I LIKE IT !!
I would be willing to go down to $30ooo.00 and under = no taxes if it would help lower the deficit
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Neil Lisst Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 09:00 AM
Response to Reply #4
8. it would require more govt. borrowing, driving interest rates up
but hey, shit happens!
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JackintheGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 08:57 AM
Response to Original message
5. I like it as a talking point
but I'm one of those under 40K earners (or was through '05, but no more) and I can't remember the last time I actually owed taxes. I only have one child, and I don't own a house or business, and between my wife and I one of us has been in school for the last decade or so, but those credits alone are enough to offset and federal tax liability. Somehow I doubt that I am typical, but how many under 40K earners do owe taxes come April (and I'm not talking withholding here, which smarts me as much as anybody. I suck it up 'cuz I know I'm getting it back. Yeah, interest free loan to the government and all that...)
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Neil Lisst Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 09:02 AM
Response to Reply #5
9. it's true that many who fall in that area are actually fine, but
think of all the young, single voters who can look at their W2 and know they're about to get a real raise without costing the employer any more money?

It helps both the worker and his employer, because the employee gets more take home without getting paid more.
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Efilroft Sul Donating Member (827 posts) Send PM | Profile | Ignore Fri Apr-07-06 08:59 AM
Response to Original message
6. Here's what I suggested to a Dem candidate for the House.
The Republican incumbent has to be beaten by a talking point that cuts to the heart of matters with most working members of our district. So consider adding this idea to your plan: If you are elected, one of your first acts as Representative is drafting a bill that eliminates taxation on withdrawals made by retirees from 401(k) plans.

This idea works for several reasons:
1. It is compatible with your discussions on savings.
2. It isn't wonky, and everyone who has a 401(k) will understand it AND support you.
3. It will encourage Americans to save more for retirement.
4. It is good for businesses transitioning from pension plans to 401(k) plans.
5. It is an outside-the-box idea, which is needed in Washington.
6. It is an idea that can be framed as "it's your retirement money, not the government's." You'll pick up the support of Republicans with this because it steals their talking point.
7. It will completely blindside your primary opponent and Murphy.

***

The Dem candidate wrote back, and this topic is now in serious discussion with his strategists.
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Neil Lisst Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 09:04 AM
Response to Reply #6
11. I like that, too, because it solidifies the party with the elderly and mid
and middle aged voters, whom we need to win

I'm tired of fighting the pubs for economic responsibility. We're like the kid in school reminding the teacher to give us a homework assignment. Yeah, we need it, but DAMN, people hate that!
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seabeyond Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 09:11 AM
Response to Reply #11
16. that is very good. yes, great comment. remind teacher of homework
lol lol no one liked that kid, lol.
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Neil Lisst Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 09:30 AM
Response to Reply #16
17. it hit me one day recently: Why are WE worrying about this now?!
First, let's get control of a House on congress. Then we can consider what might HAVE to be done. But the dialogue then would be "do we increase taxes for those Bush supporters, or do we increas them for the wage earners at the bottom?

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Neil Lisst Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-07-06 03:09 PM
Response to Reply #16
19. kicking this thread is taxing my fingers
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