Skip to main content

View Diary: Open thread for night owls: Raising Medicare eligibility age would hurt minorities most (163 comments)

Comment Preferences

  •  My proposal for the Fiscal Cliff of Certain Doom (4+ / 0-)

    Okay, we've got the competing plans from wealthy people on both sides of the political divide in Washington. How about we put together a plan dreamed up by regular, everyday folks who aren't familiar with depreciation schedules, tax shelters, capital gains tax rates for robber barons and suchlike.

    Then we'll put the two plans side-by-side, and have a vote. How about it?

    •  excellent idea (1+ / 0-)
      Recommended by:
      Eric Nelson
    •  Called the People's Budget. Never got a single... (3+ / 0-)

      mention from TBTP in our Party, despite being put forward by our largest caucus in Congess.

      "The Democratic Party is not our friend: it is the only party we can negotiate with."

      by 2020adam on Mon Dec 10, 2012 at 09:15:28 PM PST

      [ Parent ]

    •  Unfortunately, a lot of those folks are (4+ / 0-)

      unfamiliar with what marginal tax rates mean, and quite a few idiots out there think they'd be better off with a flat tax or "fair tax" (i.e. consumption tax) which would actually fall more heavily on the middle class. What we should have, that no one is talking about and most regular people would never dream of, is a set of higher marginal rates not just for those making over $400K, and yet higher for those making over a million, and even higher than that over 5 million, etc. And a transaction tax on buying and selling stocks, bonds, funds, derivatives, etc.

      "All governments lie, but disaster lies in wait for countries whose officials smoke the same hashish they give out." --I.F. Stone

      by Alice in Florida on Mon Dec 10, 2012 at 09:20:34 PM PST

      [ Parent ]

      •  Of course they are, in fact when I tried to (0+ / 0-)

        help someone fill out an expense sheet properly they insisted that it was wrong because they were treating it like their checkbook ledger (a checking account is an asset, expenses are on the other side so everything is reversed)

        You have watched Faux News, now lose 2d10 SAN.

        by Throw The Bums Out on Mon Dec 10, 2012 at 09:25:09 PM PST

        [ Parent ]

      •  My understanding is that the UK has (0+ / 0-)

        had a transaction tax on financial instruments (for lack of a better word) for some time.  I'd like to hear more about it.  Not only would such a tax bring in revenue, it would rein in rampant, dangerous speculation.

    •  that was the idea behind the Catfood Commission (0+ / 0-)

      Ordinary people like Simpson and Bowles sitting down together to solve problems.

      Reply for folks worried about fiscal cliff is that cliffs are only dangerous to lemmings

Subscribe or Donate to support Daily Kos.

  • Recommended (150)
  • Community (80)
  • Baltimore (79)
  • Freddie Gray (58)
  • Bernie Sanders (55)
  • Civil Rights (47)
  • Elections (38)
  • Culture (35)
  • Media (33)
  • Hillary Clinton (31)
  • 2016 (29)
  • Law (28)
  • Racism (28)
  • Education (24)
  • Environment (23)
  • Labor (23)
  • Republicans (22)
  • Politics (22)
  • Police Brutality (19)
  • Barack Obama (19)
  • Click here for the mobile view of the site