Obama Administration endorses
Reverse Bush Tax Cuts for the Wealthy

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The wealthiest would pay far less than they did under Reagan
by Jim Gilliam · added Fri Mar 13 14:00:45 -0700 2009 1 discussion or Edit

Reversing the Bush tax cuts would make the top tax bracket 39.6%. It was 50% under Reagan.

Source: http://pol.moveon.org/budget10/chart/
11 endorsers found this helpful.
What created the need for these cuts in the first place???
by suga-shane · added Sun Mar 22 12:24:00 -0700 2009 Discuss or Edit

The reversal of these tax cuts is a no brainer: why were they ever necessary? were they necessary to fund the iraq war or the disaster relief after Katrina? In fact, no, they were not necessary to do either of these things and in turn, they impeded our government’s ability to govern concerning these two things. Whats clear now is that regular folks deserve to have government on their side again.

10 endorsers found this helpful.
The rich should pay their fair share
by prometheuspan, edited by Jim Gilliam · added Thu Feb 19 00:47:25 -0800 2009 2 discussions or Edit

Shifting the tax burden to the middle class caused the economic meltdown.

6 endorsers found this helpful.
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opposed Our Income Tax Code is too Progressive
by oterj0 · added Sat Dec 13 22:35:40 -0800 2008 Discuss or Edit

Need I remind everyone that the Bush tax cuts reduced lower tax rates by much greater percentages. The tax cuts created a 10% bracket carved out from the 15% bracket (a 33% tax cut for lower income earners). What is this nonsense about raising taxes only on the rich and never lowering them? We’re in danger of pushing rich people (and their money) to more friendly territory. Lower taxes for all

17 opposers found this helpful.
opposed I got a tax cut and I'm not wealthy
by Elspeth · added Fri Dec 19 08:26:24 -0800 2008 1 discussion or Edit

Everyone but those in the lowest tax bracket (who pay 15% tax) got a tax cut under Bush’s plan! Look at the percents! Just because 1% of a wealthy person’s pay is much greater than 3% of your own, does not mean this tax cut only helped the wealthy. They still pay more in taxes than anyone else. Whats wrong with lower taxes? The government SPENDS TOO MUCH!!! Just give a kid control of your money

14 opposers found this helpful.
opposed Wealthy people don't pay personal income taxes
by oterj0 · added Sat Dec 13 22:50:53 -0800 2008 1 discussion or Edit

Who’s wealthy? Your boss who might make $200k/yr plus options or Bill Gates? The boss definitely isn’t hurting for money, but probably isn’t what we would call “wealthy”. Wealthy people do not pay income taxes, because they don’t earn money like you and I. Their businesses earn money and pay taxes (lower rates) on the profit (we pay on revenue). This priority really shows ignorance of wealth.

12 opposers found this helpful, 1 didn't.
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The Balance To New Spending.
by Nobias · added Wed Mar 04 01:57:10 -0800 2009 Discuss or Edit

When I heard Obama First mention the New Spending, tax cuts and such, I also heard him say that he was going to cut spending of the government in programs that waste or dont work
. This is a good thing. I took it as meaning he was going to pay for all the new programs and paying off debt with decreased spending by the government.

3 undeclareds found this helpful.
The Sinking Boat
by prometheuspan, edited by Jim Gilliam · added Sun Feb 22 18:09:50 -0800 2009 1 discussion or Edit

Our civilization is sinking because the top thinks it can get away with playing against the bottom in order to vamp a free meal. The only way out is to make peace between the classes and end the class war. That means equality, not a rigged
casino.

2 undeclareds found this helpful.
Simple math is all it takes!
by Lunatic, edited by Jim Gilliam · added Tue Feb 03 17:33:35 -0800 2009 1 discussion or Edit

We’re spending billions in Iraq and Afghanistan, how do you make up those billions without increasing taxes? Any businessman could tell you more expenses mean you have to come up with more income. How could it be any easier to understand? Bush’s borrow more policy will catch up with America very soon.

2 undeclareds found this helpful, 1 didn't.

Documents helpful to endorsers
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Making Tax Fair
52 words by Patriot Actor, added Mon Apr 13 16:00:46 -0700 2009
1 endorser found this helpful.
States pursue Fair Taxes
191 words by Patriot Actor, added Mon Apr 13 16:06:00 -0700 2009
1 endorser found this helpful.
3 Policy Changes for Fair Taxes
239 words by Patriot Actor, added Wed Apr 15 15:22:54 -0700 2009
1 endorser found this helpful.

Other priorities in Taxes to consider

What's happening on this priority
Jason LaBelle no longer endorses Wed Feb 17 17:11:14 -0800 2010 Comment
Jason LaBelle endorsed at priority #2 Wed Feb 17 17:10:34 -0800 2010 Comment
Jason LaBelle no longer endorses Wed Feb 17 17:10:19 -0800 2010 Comment
This is Jason LaBelle's new #1 priority Wed Feb 17 17:10:17 -0800 2010 Comment
Ted32003 endorsed at priority #192 Sun Feb 07 04:47:53 -0800 2010 Comment
Opposing this is gop1's new #1 priority Sun Jan 31 20:03:38 -0800 2010 Comment
gop1 opposed at priority #1 Sun Jan 31 20:03:38 -0800 2010 Comment
jward52 marked What created the need for these cuts in the first place??? helpful Wed Dec 16 07:13:44 -0800 2009 Comment
Obama mmm,mmm,mmm opposed at priority #4 Sat Dec 12 04:14:48 -0800 2009 Comment
Trenton Felt endorsed at priority #12 Tue Dec 08 18:59:07 -0800 2009 Comment
suga-shane posted a bulletin Wed Jul 22 22:49:29 -0700 2009 15 comments
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suga-shane (endorses) Wed Jul 22 22:49:29 -0700 2009

We are just setting ourselves up for another burst bubble if we do not reconcile our tax rates. There were ZERO economic meltdowns, ZERO collapses, ZERO depressions while our top marginal tax rate was between 70% and 90%. Yet, at every point in American history where the top tax rate was cut significantly there has soon followed a major economic calamity. These include the 1st Great Depression (which followed the slashing of top rates in the 20s, leading to a short-lived bubble which quickly burst) and our current Great Big Depression (we’ve now had 3 decades of taxes for the richest being cut and 3 decades of continual wall street tom-foolery and continued hardship felt by the rest of working Americans). Reversing Bushie’s tax cut is a start, but nothing significant will result unless we reconcile the tax rate back to what it was during the most prosperous time in recent American history, where we actually had a middle class.
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jward52 (endorses) Tue Dec 01 05:03:12 -0800 2009
kudos — You are close to correct in the open Earning’s amounts. – But what does the word “Earning’s” mean?! – Not my opinion, but the facts are that approx. – .3 of 1% – earn, profit(?), own, and/or control, or manipulate over 35% of Everything. It appears that these .3 of the top 1% are quite powerful, and want to stay that way. – And as for Taxes, – these ‘Filthy $Rich’ 1 out of 400 Americans, – mostly thru loop-holes & tax manipulations, pay very little – compared to the % of Income that the average American Citizen tries to Live on. – Some will disagree, but this is not my opinion, but simply the Truth (facts). – jward52
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H. Evers (opposes) Wed Dec 02 11:12:28 -0800 2009
Interesting words fact, truth. People throw them around all the time. My information came from the IRS through the National Tax Foundation. http://www.taxfoundation.org/publications/show/250.html

I would be interested in seeing “the Truth (Facts)”. Do they come without pejorative statements or are the insulting remarks required to “know your truth”?

Cheers!

H. Evers
jward52 posted a bulletin Tue Dec 01 04:47:36 -0800 2009 1 comment
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jward52 (endorses) Tue Dec 01 04:47:36 -0800 2009
Under Clinton,- America was moving out of national DEBT. What-ever Bush / Congress did then and after,- changed this and so much more. Under Clinton, the U.S. would be DEBT Free by 2012. So then what happened under Bush? – Take a look, and add it up. The facts are evident. Bush supported and protected the very $wealthy top 3%, and the corporate-elitists, and the military/industrial dealers, – and the Wall-Street / top-BANK Derivative Scheme. If Clinton had a 3rd term,- then most likely the U.S. would Not be $13-Trillion in DEBT,- would Not be in Iraq,- and would Not be at a jobless rate of over 11+%. There seems to be a tiny link from Bush taking office,- to DEBT, WAR, ECONOMIC CRISIS, JOB-LOSS, DEVALUED-$DOLLAR, POVERTY+, and DEATH/DESTRUCTION!? – This “DEBT” THING MAY BE A REAL PROBLEM. Maybe We should eliminate/erase Debt all together. After all, none of this $Debt or $Interest is coming my way,- nor to anyone I personally know.(?) Most of this DEBT seems to being going UP-UP-&-AWAY! The Globalist Banksters support & promote (usury-funny-money)-DEBT, WAR, & POVERTY;- and Globalization of $Jobs/$Profits! – So why do WE-the-People go on allowing the Globalist Banksters to manage & manipulate Our $Money Supply here in Our Constitutional REPUBLIC?! – Just one observance:- no where in Our CONSTITUTION does it say ‘we-the-banksters’, or ‘we-the-corporations’, - nor ‘we-the-congress’!! - jward52
thewellbus opposed at priority #2 Mon Nov 30 07:20:42 -0800 2009 Comment
Jerold Smith endorsed at priority #2 Thu Nov 26 16:33:03 -0800 2009 Comment
dph marked Increase revenue helpful Thu Nov 26 04:43:54 -0800 2009 Comment
Added Increase revenue to this priority Thu Nov 26 04:43:54 -0800 2009 Comment
Dustin Townsend opposed at priority #3 Wed Nov 25 18:13:58 -0800 2009 Comment
Elliot endorsed at priority #2 Mon Nov 23 19:32:04 -0800 2009 Comment
alanrobinski endorsed at priority #2 Mon Nov 23 17:42:03 -0800 2009 Comment
This is chr15 eaton's new #1 priority Mon Nov 23 17:16:23 -0800 2009 Comment
chr15 eaton endorsed at priority #1 Mon Nov 23 17:16:23 -0800 2009 Comment
Jerkinalaska endorsed at priority #2 Mon Nov 23 14:16:43 -0800 2009 Comment
Banmuyuan marked Wealthy people don't pay personal income taxes helpful Sun Nov 22 02:33:03 -0800 2009 Comment
This is Banmuyuan's new #1 priority Sun Nov 22 02:02:19 -0800 2009 Comment
Banmuyuan endorsed at priority #1 Sun Nov 22 02:02:19 -0800 2009 Comment

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