Skip to main content

View Diary: Why are Republicans calling for more tax revenue but not higher tax rates? (81 comments)

Comment Preferences

  •  Do both (0+ / 0-)

    Let the rates go up for the wealthy.  (Also, we really need to let rates go up on the rest of us too, although that needs to be phased in more slowly.)

    Then start cutting deductions.  The very first one to go should be the one Obama campaigned on - classifying the costs of shipping jobs overseas as a business expense for tax deductions.  Then we can compromise by implementing the Romney plan - cap deductions at some arbitrary amount.  Hey, it's a Republican idea, I'm sure the House will go for it, right?

    The one that's consistently brought up for cutting is the one that probably ought to be left alone - the mortgage interest deduction.  State and local tax structures already demand that working and middle-class homeowners carry an undue share of property taxes.  Let's not make that any worse.  (Says this non-homeowner.)

    "And the President of the United States - would be seated right here. I would be here. And he would be here. I would turn - and there he’d be. I could pet ‘im." - Lewis Black

    by libdevil on Mon Nov 19, 2012 at 11:53:41 AM PST

Subscribe or Donate to support Daily Kos.

  • Recommended (150)
  • Community (65)
  • Elections (43)
  • Civil Rights (38)
  • Culture (32)
  • 2016 (32)
  • Baltimore (28)
  • Economy (27)
  • Texas (27)
  • Law (27)
  • Bernie Sanders (26)
  • Environment (26)
  • Hillary Clinton (24)
  • Labor (23)
  • Rescued (21)
  • Health Care (21)
  • Barack Obama (20)
  • Republicans (18)
  • International (18)
  • Freddie Gray (17)
  • Click here for the mobile view of the site