Thom Hartmann: A Declaration of the End of the Reagan Era

[thomhartmann]

The Big Picture with Thom Hartmann on RT TV & FSTV "live" 9pm and 11pm check www.thomhartmann.com/tv for local listings

[KansDem]

1. I can't believe I'm still hearing Repubs claim that cutting taxes on the wealthy...

...will create jobs.

We've had over 30 years of this! IT DOES NOT WORK!!!

The wealthy will take their new-found swag and hide it in secret off-show tax havens. Or they'll invest in other countries like India and China.

But they will not invest in America and they will not create jobs for American workers.

REAGANOMICS IS A LIE AND A FRAUD AND A SCAM!!!

[PatrynXX]

2. Bush Jr taxcuts were supposed to be temporary.

they they become somewhat more permanent the deficit skyrocketed. Nuff said

[DhhD]

3. Bush's tax cuts were temporary only for the middle class. Taxes went back up on the middle class

after the two year period. The sale to the American People, was that the wealthy would use their continuing tax break to bring jobs and restore the economy. Bush laughed when he said in his speech, "Fool me once, shame on me, fool me twice same on you". He stumbled because he let the ego cat out of the bag not because he was having a speech difficulty moment. The GOP was laughing at all the hard working suckers!

He sold us, Weapons of Mass Destruction too.

[Half-Century Man]

4. If the deficit is so big a deal

I propose we adopt a Post WWII tax rate until 3 years past the elimination of the total deficit (to build a surplus).

I propose we adopt a $0.02 tax on each side of the transaction for every piece of stock traded; 2 cent from both buyer and seller equaling 4 cents for every piece of stock traded. This is no real burden to the actors in the transactions. The shear volume of computer decided/acted upon transactions make such a slight tax a real money maker.

I propose that any/every form of income be taxed at the same rate.

[BootinUp]

5. A flat tax?

[Half-Century Man]

6. No, a progressive tax.

I just think all income, regardless of source, be added before a tax is invoked. Capital gains, salary, dividends, bonuses, gifts, lottery winnings,or whatever; any way your personal wealth is increased.
I would even include company provided expanded health care insurance payments (above whatever the standard is for your company), company provided transportation, office redecorating cost covered by employer, club membership fees paid by our company; all these thing I view as a taxable benefit.