Liberal Democrats: Higher rates for wealthy 'just the beginning'

Discussion in 'Politics' started by Stephanie, Nov 30, 2012.

  1. Stephanie
    Offline

    Stephanie Diamond Member

    Joined:
    Jul 11, 2004
    Messages:
    70,236
    Thanks Received:
    10,820
    Trophy Points:
    2,040
    Ratings:
    +27,369
    SNIP:

    By Jonathan Easley - 11/30/12 09:19 AM ET

    A group of House Democrats has formed its own “Gang of Six” to push for progressive tax reform — in which the expiration of the Bush-era tax rates for the wealthiest Americans is “just the beginning.”

    “In response to the call for progressives to draw a red line in the fiscal cliff sand, here is our big picture stance on corporate and individual tax reform,” Rep. Michael Honda (D-Calif.) said in a statement. “Six progressive tax principles from a new Gang of Six. The expiration of the Bush tax cuts for the wealthiest Americans is just the beginning of the discussion.”


    The progressive group also includes Reps. Jan Schakowsky (D-Ill.), Keith Ellison (D-Minn.), John Conyers (D-Mich.), Raúl Grijalva (D-Ariz.), and Barbara Lee (D-Calif).

    The group says “low and moderate-income Americans are already contributing to deficit reduction,” and that “progressive tax reform is the only way that wealthy Americans can share significantly in that sacrifice.”

    The group outlined six tenets of a progressive tax policy. They say it must be revenue positive, promote responsible corporate behavior, be a “global system,” have “fair rates” for the wealthiest taxpayers, reexamine expenditures that benefit the wealthy, and protect the poor and elderly.

    all of it here with lots of comments
    Liberal Democrats: Higher rates for wealthy 'just the beginning' - The Hill's Blog Briefing Room
     
    • Thank You! Thank You! x 1
  2. Dot Com
    Offline

    Dot Com Nullius in verba Supporting Member

    Joined:
    Feb 15, 2011
    Messages:
    52,824
    Thanks Received:
    7,754
    Trophy Points:
    1,830
    Location:
    Fairfax, NoVA
    Ratings:
    +18,088
    A blog said so? Better man the parapets :ack-1:
     
  3. Stephanie
    Offline

    Stephanie Diamond Member

    Joined:
    Jul 11, 2004
    Messages:
    70,236
    Thanks Received:
    10,820
    Trophy Points:
    2,040
    Ratings:
    +27,369
    if you don't know the hill not my problem
     
  4. Dot Com
    Offline

    Dot Com Nullius in verba Supporting Member

    Joined:
    Feb 15, 2011
    Messages:
    52,824
    Thanks Received:
    7,754
    Trophy Points:
    1,830
    Location:
    Fairfax, NoVA
    Ratings:
    +18,088
    I know The Hill. I've quoted them numerous times but not their blogs.
     
  5. Stephanie
    Offline

    Stephanie Diamond Member

    Joined:
    Jul 11, 2004
    Messages:
    70,236
    Thanks Received:
    10,820
    Trophy Points:
    2,040
    Ratings:
    +27,369
    whatever then dots
     
  6. daveman
    Offline

    daveman Diamond Member

    Joined:
    Jun 25, 2010
    Messages:
    51,301
    Thanks Received:
    5,694
    Trophy Points:
    1,775
    Location:
    On the way to the Dark Tower.
    Ratings:
    +5,763
    [​IMG]
     
  7. occupied
    Offline

    occupied Gold Member

    Joined:
    Nov 8, 2011
    Messages:
    16,763
    Thanks Received:
    2,283
    Trophy Points:
    280
    Ratings:
    +6,015
    Stupid people think progressive taxation=communism.
     
  8. CrusaderFrank
    Offline

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    86,005
    Thanks Received:
    15,785
    Trophy Points:
    2,210
    Ratings:
    +44,228
    The Illiterate Useful Idiots on the American Left have been humped and dumped by all their Marxist Brothers: the Chinese, Russians, Vietnamese and now the Cubans
     
    • Thank You! Thank You! x 1
  9. daveman
    Offline

    daveman Diamond Member

    Joined:
    Jun 25, 2010
    Messages:
    51,301
    Thanks Received:
    5,694
    Trophy Points:
    1,775
    Location:
    On the way to the Dark Tower.
    Ratings:
    +5,763
    No, stupid people think you can raise the level of a pool by removing water from one end and pouring it into the other.
     
    • Thank You! Thank You! x 3
  10. CrusaderFrank
    Offline

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    86,005
    Thanks Received:
    15,785
    Trophy Points:
    2,210
    Ratings:
    +44,228
    JKF: A rising tide lifts all boats

    Obama: Where's yo dolla?
     

Share This Page