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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (187681)4/26/2012 7:23:00 PM
From: JohnM  Respond to of 542905
 
This is how serious welfare states are being taxed.
Which, unfortunately, we are not. Thus, the comparisons, while interesting, even intellectually promising, aren't about politics as its practiced in the US. At least not in the present moment.

The far more important comparisons right now are where our tax rates have been in the more recent past, say back to 1980, simply as part of an analysis that says the "rich" have been creaming the system for some time. That's one of my points.

The hedge fund managers loop hole is promising, not from a policy perspective since it can't past the well bought congressional Republicans, but because it is yet another part of the promising political strategy that accounts for the financing proposed by the Dems.

I suspect, on this issue, that the Reps will successfully muddy the issue, which is their true goal, and we'll get some bastardized compromise. Too bad the Dems are not as good as this kind of message shaping as the Reps.



To: KyrosL who wrote (187681)4/26/2012 7:36:48 PM
From: bentway  Read Replies (2) | Respond to of 542905
 
" For money required right now, I would repeal capital gains treatment of hedge fund manager compensation."

That;s a good start. How about eliminating the mortgage interest deduction on SECOND homes too?