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bpuharic

On Mon, 05 Dec 2011 13:01:36 -0500, wrote:

On Mon, 05 Dec 2011 08:15:06 -0500, X ` Man
wrote:

How does that cover a $120 billion dollar tax cut?

Are they really saying they want to raise the marginal rate by 3%
Still won't come close to doing it.
They need to raise the whole tax bite by 66% going from $180B to $300B

The real issue is that the Republicans want to protect their millionaire
supporters from *any* substantive tax increases, even if it means
raising taxes for the middle class by doing away with the payroll tax cut.

$1500 or so has meaning for middle income folks. It might pay for a
needed car repair, dentist trips for the kids, whatever. The Republican
whores would rather end that tax break for wage earners so as to shield
its clients from paying a bit more.

I have no problem restoring the Clinton tax rate but I also under just
restoring the part on people over $250k is chump change, just a tad
over half of the payroll tax holiday (Holiday $120b, Bush tax cut on
$250k, $70b per year)

you DO realize that the total income of millionaires in this country
is over a trillion dollars, right?

and the bottom 50% makes only a 1.4 trillion

but the GOP thinks the bottom should pay MORE taxes and the rich LESS

Personally I would like to see the whole tax cut go away. I would also
make Capital Gains progressive, up to the marginal rate (maybe just
starting over in the tax table with your cap gains)
That would make the first of gains and dividends $8360 at 10%, next
$33,900 at 15% etc up to $375k where you pay 35%
That would shut Warren Buffett up.

wow. a right winger who has some freakin' common sense.