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View Diary: Warren Buffett's latest op-ed will bring mutters of 'class traitor.' But he doesn't go far enough (117 comments)

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  •  I hate to admit it about GOP negotiations but.. (12+ / 0-)


    If a 70 percent marginal rate on income over, say, $10 million can be put on the table, perhaps it will be negotiated down to 50 percent in exchange for something like a progressive estate tax. After all, inequality can't be moderated with a single change. what we Dems don't do enough during negotiations.

    Do it

    And just because I'm hearing this republican meme lately, from Cantor this morning: "we're willing to put revenue on the table and that is big" as a in a big deal. I'm calling bullshit on that right now.
     This is a total bluff. They are willing? - they don't control whether Bushes tax cuts expire.  We the Dems do.
    Just trying to put out the word.

    •  Start with The peoples budget which.. (13+ / 0-)

      ..lines up well with Emmanuel Saez and Thomas Piketty recommendations (except higher rates in the top marginal tax brackets - would be even better start) Overview of the Peoples Budget

      Individual Income Tax Policies
      • Allow the Bush-era tax cuts to expire at the end of 2012, but extend marriage relief, credits, and
      incentives for children, families, and education
      • Immediately rescind the upper-income tax cuts in December’s tax deal
      • Index the AMT for inflation for a decade (the AMT patch is fully paid for)
      • Schakowsky millionaire tax rates proposal (adding 45%, 46%, 47%, 48%, and 49% top rates)
      • Tax all capital gains and qualified dividends as ordinary income
      • Progressive estate tax (Sanders’ estate tax, repeal of Kyl-Lincoln)
      • Limit the rate at which itemized deductions can reduce tax liability to 28%for high earners
      • Replace the tax exclusion for interest on state and local bonds with a subsidy for the issuer
      corporate reform and much more is covered next
      After a year of GOP repeatedly claiming that the Dems had no budget. Here it is -where it's always been, not in the forefront
      Lets put it there, no matter what the republicans say or do. Bring the Peoples Budget front and center - repeat.
      technical analysis by Economic Policu Institute

      mini-rant - done now

    •  Yep, Dems still suck at negitiations (5+ / 0-)

      They still seem to be afraid to look mean and nasty and want to be liked and seen as fair and cooperative (whether genuinely or as cover). To hell with that. We're dealing with predators who are trying to literally kill us. You don't make nice with predators. You dispatch them (in this case politically). This has to be a "Chicago Rules" sort of thing. Whatever they demand or we want, we demand twice or three times as much. Bring in experienced labor negotiators to help.

      "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

      by kovie on Mon Nov 26, 2012 at 08:42:39 PM PST

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      •  Not So Sure Dems Aren't Doing What They Are Paid (0+ / 0-)

        ... to do.  

        Ideally, I would believe that the Democrats have the people's interest at heart, but given their "negotiation methods" and what we continue to end up with, I have to say that the Dems are doing exactly what they they are being paid to do, protect the interest of the powerful and wealthy.  Campaign contributions and post-congress jobs don't grow on trees, doncha know!

        Poor man wants to be rich. Rich man wants to king. And the king ain't satisifed until he rules everything. B.Springsteen

        by howd on Tue Nov 27, 2012 at 07:13:00 AM PST

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