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

To: Geoff Altman who wrote (469034)	2/1/2012 10:27:20 AM
From: KLP	1 Recommendation Respond to of 793964

That's a good idea Geoff, but we need everyone here to help with that researching challenge. Each official Campaign website has pieces of the puzzle....it would be interesting to compare each problem and each solution from both campaigns...

To: Geoff Altman who wrote (469034)	2/1/2012 10:36:38 AM
From: Bill	2 Recommendations Read Replies (1) \| Respond to of 793964

The top 10% of earners currently pays 70% of the income tax. Any attempt to lower this burden to 60 or 65% would be met with a blistering class warfare attack. Any attempt to increase it to 75 or 80% (as Obama is proposing with his millionaire's tax) is attacked as blatantly unfair and destructive to the economy. Unfortunately, we are in a box on taxes where any radical proposal will probably cost a candidate more votes than it gets. As a practical matter, major tax reform is probably better done in non-election years, when the volume of demagoguery is turned down.