For awhile now, I must admit that I have been confused about the democratic stance against tax reform. Real tax reform in the vein of fair/flat tax initiatives, removing the world of deductions, financial lobbying, and Wall Street influence in Washington. Isn't that the main complaint of OWS and the financial sector's influence over Washington? I guess you will think me crazy, but real tax reform works to OWS goals. Am I out of the loop on this?
Republican candidates, like Rick Perry and Newt, are seizing on the OWS lingo, as noted in recent diaries for a good reason...they are for fair/flat tax reform. Where is the democratic tax reform platform?
I feel like a traitor to the Democratic party in my positive view of fair/flat tax reform. Why is this so taboo? I know the arguments about how it would be unfair to the lowest-income earners in this country, but there are built in caveats in most of the plans that I have researched to relieve this earning bracket from taxation. So to me, that argument is not valid. Please, tell me, what is the main beef here?
What is so wrong with this as a way out of corporate cronyism, financial parity, lobby and financial driven congressional representation, corporations paying no taxes, hidden overseas corporate offices?
What is wrong with a lower, flat, loophole free corporate tax rate that would entice our manufacturing companies to come home and hire Americans?
What is wrong with doing away with subsidies, write-offs, Washington tax-attorneys and financial lobbyists?
What would be a good and competitive way to provide a democratically led fairer/flat tax reform platform of our own?
Just saying...and askin'.