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View Diary: The 2003 Tax Cuts -- Top 10% receive 90% the Benefits (209 comments)

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  •  Those 4 groups represent... (0+ / 0-)
    ...18 million people. Seventeen million not counting the over $500K group, and I'd venture to say that almost every single one of them are going to vote. That is who Frist is speaking to. Can the Democrats afford to ignore 17 million votes? That's over 14% of the total number of votes in 2004.

    I'll vote for Democrats this time knowing full well that my taxes could go up $10K/yr because of it. How many people do you think are willing to give up ten grand grand a year for their political beliefs.

    I think the Democrats need to come up with a better argument on this issue or leave it alone, because this argument just confirms my fears.

    -0.38, -3.95 "Major combat operations in Iraq have ended." George W. Bush, May 1, 2003

    by Jim Riggs on Thu Oct 26, 2006 at 06:01:56 AM PDT

    •  But (1+ / 0-)
      Recommended by:

      Most of them who would vote based on tax cuts are already going to vote for the republicans. Those that don't care, like you and me, will vote democratic. Tax the rich will sell, me thinks.

      Impossible is nothing

      by DrSpike on Thu Oct 26, 2006 at 06:58:49 AM PDT

      [ Parent ]

    •  Do you really think you're losing 10k? (3+ / 0-)

      What's the longterm cost of large deficits?  What's the value of the dollar after so much decline?  

      Do you own foreign currency or something?

      You're not "giving up" 10 grand by voting Democratic.  You're balancing the books, and that's the right move in the first place.

      Think of it this way: voting republican is like stealing $10,000 a year more.  Or at least fooling people into believing you earned it.

      Al Gore received more votes, Ohio was stolen. This isn't a democracy.

      by Deadicated Marxist on Thu Oct 26, 2006 at 07:03:32 AM PDT

      [ Parent ]

      •  I know that... (0+ / 0-)
        ... if the maximum rate goes back to 39.6% and my income remains the same then my taxes will increase about that much, yeah.

        And yes, I believe I earned it. I've been on both sides of this issue. I'm 55 years old and up until age 50 I had never earned more than $50k/yr. I risked my life savings and my home and I got lucky. But I still work my ass off and all I'm hoping to get out of is to retire a few years earlier with a little higher standard of living.

        The point I was trying to make however, was that I think it's a mistake for the Democratic party to ignore 17 million likely voters. To say you're only going to "tax the rich" is like using one of the Republicans little catch phrases. I'm not rich. I'm a small business owner and that business could still go under and I'd be right back where I started. How much is the government going to give me if that happens?

        -0.38, -3.95 "Major combat operations in Iraq have ended." George W. Bush, May 1, 2003

        by Jim Riggs on Thu Oct 26, 2006 at 08:04:19 AM PDT

        [ Parent ]

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