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View Diary: Poll: Strong support for Obama's tax plan, opposition to GOP plan to cap deductions and cut Medicare (73 comments)

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  •  Here's my issue: I have long believed that ALL (2+ / 0-)
    Recommended by:
    conniptionfit, greenbell

    tax rates - including mine, and my AGI is in the $32,000 range - were too low after the "temporary" Bush tax cuts and should be restored to Clinton levels.

    Where could this sort of tax policy fit into an overall responsible tax overhaul? Let the "over-$250,000" rates go baxk to their Clinton levels immediately, and let all rates gradually go back to those levels over a 3-year period?

    We can't run a country such as ours and provide the amenities that 90% of the public want and need at the current artificially-low levels of taxation, IMO.

    "Bernie Madoff's mistake was stealing from the rich. If he'd stolen from the poor he'd have a cabinet position." -OPOL

    by blue in NC on Wed Nov 28, 2012 at 06:41:24 AM PST

    •  Yes. But not yet. (1+ / 0-)
      Recommended by:
      blue in NC

      We can't even begin to talk about raising middle class rates until unemployment is much lower, and wages are up to living wage standard.  Otherwise you risk 1937 all over again.  It would send the economy right back over the cliff.

      •  No, you're right. Unfortunately, the cuts should (0+ / 0-)

        never have been enacted in the first place, but they were, and we're stuck with them, and middle-class consumers have by necessity adjusted their spending around those rates.

        I just hope that President Obama and congressional Democrats will get to work selling a phase-in of the restoration of the Clinton-era rates. I also agree that wages must get "up to a living wage standard"; I don't know how to accomplish that, especially with the dysfunctional rightwing teabag house, but another minimum wage increase would be a good idea after unemployment starts to drop.

        I'm just tired of virtually nobody acknowledging that tax rates are, overall, too low in this country. Having said that, I do understand why my fellow liberals would be skeptical of any middle-class tax increases if they'll all go simply to fund status-quo things such as more Defense Department bloat. Middle-class tax increases should fund the sort of domestic benefits that help nearly everybody: universal health care, expanded public transit, education, local infrastructure repair and maintenance, parks, conservation, and alternative energy production. :-)

        "Bernie Madoff's mistake was stealing from the rich. If he'd stolen from the poor he'd have a cabinet position." -OPOL

        by blue in NC on Wed Nov 28, 2012 at 07:56:33 AM PST

        [ Parent ]

      •  Yes. We can. (0+ / 0-)

        The middle class is not overtaxed.  They would not be overtaxed under Clinton rates.

        The People do not need tax cuts.  

        The People need the employer of last resort to hire.

        "the Agency continues to verify the non-diversion of declared material at these facilities and LOFs."

        by JesseCW on Wed Nov 28, 2012 at 07:59:14 AM PST

        [ Parent ]

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