Talk Radio:
Bill Bennett
Mike Gallagher
Dennis Prager
Michael Medved
Hugh Hewitt
BREAKING NEWS
Register
|
Sign In
Search
SIGN UP NOW!
Columns, funnies & more in your inbox!
Login
|
What's Hot
Townhall Daily Alert
Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
White House & Capitol Report
Townhall.com’s weekly inside scoop on what’s happening behind the scenes in the world of politics. When news breaks, we report.
Daily Conservative Cartoon
Signup to receive the latest daily Townhall cartoons
Columnists
|
News
|
Video
|
Podcasts
|
Photos
|
Cartoons
|
Blog
|
Your Blogs
|
Issues
|
Get Magazine
|
Finance
What’s Hot
|
Your Blogs Directory
|
Create Your Own Blog
|
Featured Talk Radio Calls
Comment on:
"JOE VOTER"
"Dem's Plan" for Iraq? Anyone?
1 Comment
Saturday, November, 04, 2006 2:17 AM
Jeffersonian
writes:
A Democrat talks about taxes
I read your blurb and I guess you think that Democrats will raise your taxes. I am a Democrat and proud to be one at that. The Democratic party is and always has been the party of the middle class. I prepare taxes for a living so it is a subject I am familiar with. You may remember that George Bush got some Democratic support for his tax bill(I think he got about 10 Democrats). He did this by giving in to Democratic ideas for middle class tax cuts. These included such items as the child credit and educational breaks. Although he now claims credit for many of these things they probably never would have happened if he didn't want have some Democrats on board. Without these items the bill would have consisted of cutting the top bracket by the biggest percent, the next lower bracket by a lesser percent and so on. However, when the bill as passed got to the 15% bracket, that bracket stayed at 15%. The 15% bracket is where 70% of the American people reside. The Repubican idea was to concentrate the most tax relief in percentage terms in the upper brackets. Give some crumbs to the average guy and give the cake to the big money people making say 200,000 or more a year. Nobody named Joe voter should be in favor of tax plans that treat the average guy so unfairly.
The Republicans are also real keen on getting rid of the estate tax. The tax first proposed by Teddy Roosevelt basically only effects the top 2% or less of taxpayers. All thier arguments for getting rid of this tax are baloney. If they can sell getting rid of this tax as a top priority they can sell ice to eskimoes. Just about all the estate tax returns I have prepared have to do with people having large stock portfolios or large holdings in real estate. To the best of my knowledge the average small business or farm has virtually no chance of being effected by this tax. The Republicans make the argument that why should you pay a death tax on money that has already been taxed. The average guy pay sales taxes on money that has already been taxed and somehow this is o.k.
Basically, if the Republicans get thier way people like Paris Hilton can live off dividends that will be taxed at 15% during thier lifetimes and pass thier huge stock portfolios on to thier shiftless children tax free so they can pay the minimum 15% on thier dividends. Meanwhile the average guy who works for a living pays 15 - 30% on his salary. It is any wonder that when George Bush says how much the tax cuts have helped the American people, the average guy doesn't relate.
Email It
|
Print It
|
Flag as Offensive
Sign Up to Post Your Comments
Sign Up to Post Your Comments
Please take a few seconds to sign up, then you’ll be able to post your comments immediately, use the action center, get podcasts, create your own blog and more! If you are already registered,
click here
.
Need an account?
Login
Login
Your Email:
Password:
Get Your Password
|
Register
Note: Fields marked with a red asterisk (
*
) are required.
Salutation:
Mr.
Mrs.
Ms.
Miss.
First Name:
*
Last Name:
*
Email:
*
Address 1:
*
Address 2:
City:
*
State:
AE
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
*
Zip:
*
Townhall Daily Alert
Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
Townhall.com Spotlight
(Bi-Weekly) We highlight the best opportunities from our partners for surveys, action items and more.