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Originally Posted by Eric5273
From what I have seen, you have your liberal democrats like Nancy Pelosi, and then you have your more moderate ones. Many of the newly elected democrats seem to be more moderate, so I have no idea what their agenda is. The liberal agenda of the leadership (Howard Dean and Nancy Pelosi) would be the following:
1) Immediate withdrawal from Iraq
2) Suspend Bush's tax cuts for the top tax bracket only
3) Increase the minimum wage
4) Pass an addendum bill to last year's medicaid bill allowing the government to use collective bargaining with the drug companies just as the private insurance companies do, instead of having to pay full retail price for all drugs as the current law states
5) Pass some sort of national health insurance plan. I've seen many ideas here, so who knows what they will decide to do. I haven't seen any concrete structure to what this would be.
6) Large cuts in corporate welfare including all the no bid rebuilding and military service contracts for Iraq, Afghanistan, and New Orleans. (#4 also overlaps into this corporate welfare category)
#2, 4 & 6 alone would yield enough savings to balance the Federal budget and probably give a healthy surpluss that can be spent on some sort of national health plan.
And then there is foreign policy which needs a complete overhaul. I won't even discuss that here....
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I have a serious problem with # 2. Im in that tax bracket.
Why should I pay a higher percent in Taxes than anyone else. Its not fair. I worked extremely hard to get to where I am and why should I be penalized for it. I put almost 20 years of schooling to get my double business degree and MBA. I put in 60 to 80 hours of work in a week every week. Why do I have to pay more taxes than anyone else does. Its bullshit. You think I should be penalized because I worked and still work my fucking ass off. Give me a break.
On top of that the more the govnt taxes me the less money I will have to reinvest in my companies and make them grow and hire more employees. So that is less jobs I can provide. Last year I saved 60k in taxes as a direct result of tax laws the rebublicans passed. I used that plus some of my own cash to start yet another business and created 6 more jobs on top of the 100 or so employees I already employ. The employees count on me and others like me to provide them with good secure jobs. Now if im taxed to death and I go out of business its not just me out of a job. Its over 100 people out of a job. How do you justify that. I believe tax burdens should be equal and fair. There are many more things I would like to say here but I wont bother.