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

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

  1. Stephanie
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    Stephanie Diamond Member Supporting Member

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    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
     
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  2. Dot Com
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    Dot Com Nullius in verba Supporting Member

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    A blog said so? Better man the parapets :ack-1:
     
  3. Stephanie
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    Stephanie Diamond Member Supporting Member

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    if you don't know the hill not my problem
     
  4. Dot Com
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    Dot Com Nullius in verba Supporting Member

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    I know The Hill. I've quoted them numerous times but not their blogs.
     
  5. Stephanie
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    Stephanie Diamond Member Supporting Member

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    whatever then dots
     
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    Stupid people think progressive taxation=communism.
     
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    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
     
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    daveman Diamond Member

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    No, stupid people think you can raise the level of a pool by removing water from one end and pouring it into the other.
     
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  10. CrusaderFrank
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    CrusaderFrank Diamond Member

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    JKF: A rising tide lifts all boats

    Obama: Where's yo dolla?
     

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