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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (1948)2/13/2004 12:25:35 AM
From: mirajeRead Replies (1) | Respond to of 81568
 
Some of the things he'd do include creation of a national venture capital fund to provide seed money for entrepreneurs, especially those willing to locate in places of high job loss. He also favors a 10% tax cut for manufacturers that make their products in the U.S. and would end federal tax loopholes for companies that avoid taxes by establishing shell headquarters offshore.

He said his emphasis would be on strengthening and expanding the middle class and criticized Bush's tax cuts as helping the wealthy. Edwards would reverse Bush's cuts for those earning more than $200,000 a year and raise taxes on investment income for those who earn more than $300,000.


Hmm, let's see now. Edwards is basically proposing to nationalize venture capitalism. And to finance it by raising the taxes of those private individuals who are currently engaged in this.

More idiotic class warfare rhetoric... Pablum for the unwashed masses. Unbelievable... I have no argument with those who point out Bushes flaws, he certainly has many IMO, but in comparison to this kind of proposed insanity, he looks like a genius.