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Politics : View from the Center and Left

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To: JohnM who wrote (149570)11/11/2010 1:32:06 PM
From: Katelew  Read Replies (4) of 541696
 
John, you either have a bad memory or aren't reading my posts.

On multiple occasions I have said ALL the Bush tax cuts need to be allowed to sunset exactly the way Republicans set them up to do. Regardless of the economy. Just rip the bandaid off and get it over. Why are the Democrats not doing this? It makes me mad. After all, the Republicans set it up this way. Doesn't this give Dems cover? I also support other measures designed to redistribute the wealth in this country. Raising the ceiling on payroll taxes, for example. I don't have a problem with taxing those components of an estate that represent unrealized capital gains. Land for example. I want some or all of the corporate profits sitting in offshore accounts repatriated and taxed....at least a little, for goodness sakes. The concentration of wealth in this country is real and it's unhealthy. Has Obama shown any signs yet of doing something about this?

When it comes to state matters of taxation and budgeting, however, I have completely different ideas on things. State taxation generally rests on sales taxes and property taxes as well as a myriad of fees. These are regressive and hit those of modest income harder. So, I don't have ironclad views on taxation. I'm not a winger. It's situational. At the federal level its one thing, at the state level another. It would even depend on the particular state. Higher tax states that keep trying to solve their problems with higher taxes do indeed drive out business as well as individuals.

As for NJ and revenue enhancement, I might support the so-called "millionaires tax" even though NJ is a high tax state already. My guess is that it wouldn't be a magic bullet though. But that would be all. Of course, I haven't seen anything yet from Christie that seemed unfair and draconian. What he's asking from the teacher's union seems more than reasonable.

All of which means that your argument looks more like a small government argument than a deficit reduction argument

Why do you feel a need to categorize me?
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