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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (29531)2/14/2004 10:51:04 AM
From: michael97123  Respond to of 793931
 
"There was no need for tax cuts at the high end. Instead, he should have addressed the two key problems in America today: the lack of national health care, and tort reform, in conjunction with introducing a national value added tax to pay for the war and national health care. "

There are many ways to skin a cat and i dont doubt your alternative may be another valid way to accomplish our shared goals. But your way would never pass, and the bush tax cuts did. As far as the rates go, they are back where bill bradley put them back in 1986. Rate reductions at high levels, dividend relief, end of marriage penalty, were big deals for the economy and although some may laugh, things do trickle down. Having said that, i would be for a surtax which would largely affect high end earners to pay for the wars/homeland defense. For instance a 10% surtax on taxes paid. The rich guy who has 100k in taxes gets a $10k bill. The poor guy who pays $1000 has $100. That tax on the wealthy would give impetus to moving to a saner fiscal policy as well. mike