Stephanie
Diamond Member
- Jul 11, 2004
- 70,230
- 10,864
- 2,040
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
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