THIRD WAY Hillary now proposing tax cuts to boost the economy!!!

[JaneyVee]

Tax cuts for the middle class and poor. Everyone else gets a tax hike.

Math: http://www.wsj.com/articles/hillary-clinton-to-propose-middle-class-tax-cuts-1448049704

[saturnsring]

1. sounds like a good thing , right?

[Thinkingabout]

2. These are the ones who needs a tax cut, not an increase.

[JaneyVee]

3. On top of higher wages. Sounds good.

[mcar]

4. She is horrible!?!

Wait. What?

[Ron Green]

5. Ahh, the Wall Street Journal.

Y'know, I heard she was dissing Bernie's call for universal health care because it would cause a "tax increase." If she is REALLY saying this (I find it hard to believe), then she's nastier that I ever thought.

[JaneyVee]

7. Are you saying it wouldn't cause a tax increase?

[djean111]

13. That would, of course, be offset by the drop in ever-rising premiums and co-pays.

Looking at the benefits of single payer and then describing the mechanism as merely a tax increase is wrong. Deliberately wrong.

[JaneyVee]

14. A drop in co-pays VS. a rise in taxes.

Americans will have to debate it.

[angrychair]

21. Please read into this more

It is more than that. Again, we are the only major industrialized nation not doing it. Second, are you seriously saying you would not happily pay 40 or even 50% of your income for true universal healthcare, free quality higher education, free career and trades training throughout your life, and retirement with dignity. We have none of these things now. Do a little more research before selling it out for an extra $200 a year.

[BootinUp]

6. At this point, do whatever it takes to keep the clowns out of the WH nt.

[randys1]

8. Depends on what she considers middle class.

I dont see details at the article.

Nobody with total household income of over $120,000 or so should get a tax cut, but we should also provide universal healthcare which would tremendously help everyone.

[JaneyVee]

9. Under $250k for a couple.

[randys1]

10. Way too much. So much of the tax comes from the range

of $100K to $300K that to do that is a big mistake.

What we need is universal healthcare.

I dont care if she promises to cut my lawn, if she defeats the horrid teaparty, great

[BootinUp]

11. What we need, is to keep the clowns out of the WH. nt

[randys1]

12. Well, in my book just about all American politicians are clowns.

But I like this clown

[JaneyVee]

15. I could use a tax cut.

I pay a lot in taxes and live in a high cost area.

[randys1]

16. Pretty much everybody could say they need a tax cut.

[JaneyVee]

17. Not couples making over $250k a year.

They can't say they need a tax cut.

[randys1]

18. If they live in Manhattan or San Francisco they can

[slipslidingaway]

25. Middle class under 250K per couple, are you serious? Hillary, most people live in a different world

HC costs are killing us, after paying almost 9K per year for annual out of pocket maximums for the past 6 years, in addition to premiums, we are sinking. And the total is SO much higher when you consider travel and lodging costs. We are fortunate and able to draw on retirement savings, several years prior to what we had anticipated, but we have a life line. So many people are less fortunate.

You know what that means in our consumer society? We are no longer consumers except for necessities.

And our premiums are going up in 2017, the plans from our employer and United Health Care have now been labeled bronze, silver or gold. So we were left trying to scramble which providers are in our network for an extra $200 per month.

The true middle class is shrinking and the average "middle class" was not making $250K per annum.

Where does Hillary get this inflated "middle class" figure of $250K?

[JaneyVee]

36. $250k has been the Democratic benchmark.

And that's for a couple.

Also, there are plenty of other ways to lower healthcare costs, as Hillary is proposing. From negotiating drug prices, to capping big pharma, etc.

[RandySF]

19. You don't live on the coasts, do you?

$120k is not so much in some places.

[randys1]

20. I am aware, I am not saying RAISE taxes I am saying provide universal healthcare instead

of tax cuts.

[Adrahil]

29. You can;t provide universal health care without raising taxes.

To truly have universal healthcare, we would need to dismantle the current employer-provided health insurance system, ensure that money gets into the pockets of employees, and raise taxes sufficiently to cover the costs. It is a huge undertaking and it'll never get past this Congress.

[Kentonio]

35. When employers are arguing against a good minimum wage rise because of affordability

That's a perfect time to be able to promise them that they can in return no longer have to contribute to employees health insurance. It's an ideal compromise.

[Adrahil]

37. I think a lot of employers would support it...

I know mine would. They would LOVE to not have to battle to provide affordable, quality health insurance.

But I think Congrssional GOP types would go apeshit.

[Kentonio]

39. For sure

Need to get their numbers thinned out with a good national turnout in the general!

[angrychair]

22. Tax cuts DO NOT boost the economy

This it's very old gOP horseshit that I find it hard to believe anyone buys at this point.
Did the bsh tax cuts work? No.
The difference between the minor tax increase to achieve universal healthcare and the huge benefit in everyone being covered for healthcare are more than just saving a couple hundred dollars in out of pocket expenses. Businesses no longer have to pay out for company health plans, freeing up capitol for other needs, not to mention the people, software and support expenses that go along with that. That alone could save the country billions. That it's just one way it would make a difference.

[DJ13]

23. Exactly right

In fact using tax cuts to win an election is about as right wing as it comes.

[azmom]

26. [phone]

[JaneyVee]

24. It's the complete opposite of the Bush tax cuts.

This RAISES taxes on the rich and LOWERS middle class taxes.

[JonLeibowitz]

30. Don't worry; I at least understood, and chuckled. n/t

[Adrahil]

38. It actually depends.

According to Keynes, tax cuts CAN be stimulative IF they go to people likely to actually spend the money, as opposed to save or invest it. Economies are driven on demand, so increasing the purchasing power of people who consume works. That's what demand-side stimulus is all about. Tax cuts to the rich, do not help so much. They don't tend to spend extra money. And if they do, it tends to be high-profit luxury items with relatively little stimulative effect. They also invest, which is supposed to be the so-called supply-side stimulus.... Which DOES NOT WORK.

The problem with tax cuts is that they are hard to rescind.

[daleanime]

27. Could I maybe trade that tiny tax cut....

for the more expensive, for most of us, health care?

And of course that leave out the question of how she would get a deep republican congress to work with her.

[JaneyVee]

32. Yeah, because tax cuts can't pass but single payer can.

[daleanime]

33. Yeah, fighting for what we believe.....

what a crazy concept. But I guess it helps you deal with it.

[JeffHead]

28. I'm not signing in or subscribing to a Rupert Murdoch owned propaganda site

in order to access the content you are referring to. Post some easily accessible information and I might believe this with the emphasis on might.

[Cali_Democrat]

31. Here:

http://www.nytimes.com/politics/first-draft/2015/11/20/hillary-clinton-proposes-middle-class-tax-cut-tied-to-health-care/?_r=0

You're welcome!

[NurseJackie]

34. Very good!

Go Hillary!
^H