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

Stephanie

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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
 
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

leninsmile4pv.jpg
 
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
 
Stupid people think progressive taxation=communism.

Stupid people think that by taxing the rich, it will sustain our governments out of control spending. Our nation is the world leader in producing stupid people, they vote for slogans, hype and free handouts, and when they sign up to post in political forums, they put up posts like yours.
 
Stupid people think progressive taxation=communism.

Stupid people think that by taxing the rich, it will sustain our governments out of control spending. Our nation is the world leader in producing stupid people, they vote for slogans, hype and free handouts, and when they sign up to post in political forums, they put up posts like yours.

Soooo, do you think Progressive taxation equals communism or are you just wanking off another load of America hatred? You could have at least took a shot at saying how it is communism since you felt compelled to reply to my comment.
 
Stupid people think progressive taxation=communism.

Stupid people think that by taxing the rich, it will sustain our governments out of control spending. Our nation is the world leader in producing stupid people, they vote for slogans, hype and free handouts, and when they sign up to post in political forums, they put up posts like yours.

Soooo, do you think Progressive taxation equals communism or are you just wanking off another load of America hatred? You could have at least took a shot at saying how it is communism since you felt compelled to reply to my comment.

No, it is not communism. It is Marxism, in 1848, Karl Marx and Freidrich Engels proposed a heavy progressive or graduated income tax.

As for the the America hatred, please, it was the wife of your sides president who said America is a downright mean nation, and your president who has hated on this country.
 
Stupid people think that by taxing the rich, it will sustain our governments out of control spending. Our nation is the world leader in producing stupid people, they vote for slogans, hype and free handouts, and when they sign up to post in political forums, they put up posts like yours.

Soooo, do you think Progressive taxation equals communism or are you just wanking off another load of America hatred? You could have at least took a shot at saying how it is communism since you felt compelled to reply to my comment.

No, it is not communism. It is Marxism, in 1848, Karl Marx and Freidrich Engels proposed a heavy progressive or graduated income tax.

As for the the America hatred, please, it was the wife of your sides president who said America is a downright mean nation, and your president who has hated on this country.

I'll take your word for it that Marx suggested it but it is still not Marxism, it's the norm in pretty much the entire civilized world, the countries that don't have it are usually dictatorial shitholes with REGRESSIVE taxation. If that is opposite of Marxism it certainly does not automatically insure either freedom or prosperity.
 
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I'll take your word for it that Marx suggested it but it is still not Marxism, it's the norm in pretty much the entire civilized world, the countries that don't have it are usually dictatorial shitholes with REGRESSIVE taxation. If that is opposite of Marxism it certainly does not automatically insure either freedom or prosperity.

We already have a progressive tax system, and the fact that other countries have one doesn't prove it isn't Marxist. Virtually the entire cornucopia of socialist boondoggles is Marxist.
 
I'm sure there's not more than a handful of wealthy people on this board. I wonder why the rest are so interested in the welfare of the rich.
 
I'm sure there's not more than a handful of wealthy people on this board. I wonder why the rest are so interested in the welfare of the rich.

Don't anger the temporarily embarrassed millionaires, they might not create jobs when the world finally recognizes their brilliance. Seriously, I am willing to bet that everyone here is a lot closer to the bottom than the top and really should be more concerned with a disappearing safety net than a tax hike on the Chinese job creators because that slippery slope to rock bottom is getting steeper and greasier all the time.
 
If the rich made a lot of money under Clinton, why are they so scared to return to those rates?

Oh.............wait........................forgot......................they put a puppet named Jr. in office who cut taxes for them, resulting in greater wealth, and welfare for the corporations and the rich is now a way of life that can't be changed.

/sarcasm
 

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