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View Diary: Sorry, Republicans, Joe Biden is still smiling (243 comments)

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  •  Although I think Biden kicked Ryan's ass, I am (5+ / 0-)

    wondering when Biden or Obama will bring up this:

    When the right says "broadening the base" along with "closing loopholes", someone needs to explain that this means making middle and lower income people pay higher taxes by getting rid of their deductions.  You can't do one without the other.  Reagan did this bullshit.  

    Biden kind of hinted at it when he said that Reagan said what loopholes he would close, but that was the overall affect.  Reagan forced the middle class into more taxes to broaden the base.  The term literally means make MORE people pay taxes.  Who does that affect?

    If they want to eliminate capital gains and estate taxes, and cut taxes on corporations and small businesses when 97% makes less than 250,000, that means that the difference will have to made up elsewhere.

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