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Politics : Foreign Affairs Discussion Group

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To: Brumar89 who wrote (218681)	2/15/2007 7:52:58 PM
From: Katelew	Read Replies (2) of 281500

Brumar, you're still too stuck in defending your Republican vote. It's in the past. All I'm saying is that right now BOTH parties are looking for ways to raise govt. revenues. And because the need to raise them is so real, I don't expect the dems to eliminate the AMT if it is fiscally irresponsible. The AMT has had unexpected consequences but it brings in too much money to just willy-nilly cancel it out. The R's have dug the same kind of budget deficit hole that Reagan did. The dems, if elected, will try to repair it as Clinton did. John Edwards is already on record saying he is looking at raising the top marginal tax by 2% (I think) on folks earning $200,000 and up. I think that income level is maybe too low but I'd like to see estimates of the amount of money it would raise. I want the Bush cuts reversed and I'm willing to pay my part. It's not that big an amount. Most of us think we got a bigger tax break under Bush then we did. And much of what we did get was lost back to higher gas and utilities prices.

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