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In reply to the discussion: Democrats, in a stark shift in messaging, to make big tax-break pitch for middle class: [View all]SunSeeker
(58,373 posts)12. Read the article. The headline misleadingly only mentions tax breaks for the middle class.
They are proposing a lot more than just tax breaks for the middle class.
Other provisions would provide incentives to companies that give workers a share of corporate profits and invest in job training, through apprenticeship programs or partnerships with community colleges.
...
To avoid increasing federal budget deficits, Van Hollen proposes to limit tax breaks for the top 1 percent of earners, who are on track to reap more than $2 trillion over the next decade from favorable rates on capital gains, the mortgage-interest deduction and other tax expenditures, according to the Congressional Budget Office.
...
He also calls for imposing a 0.1 percent fee on stock trades, an idea under consideration by the European Union. That proposal would raise as much as $800 billion over the next decade, primarily from high-volume traders, Van Hollen said.
...
To avoid increasing federal budget deficits, Van Hollen proposes to limit tax breaks for the top 1 percent of earners, who are on track to reap more than $2 trillion over the next decade from favorable rates on capital gains, the mortgage-interest deduction and other tax expenditures, according to the Congressional Budget Office.
...
He also calls for imposing a 0.1 percent fee on stock trades, an idea under consideration by the European Union. That proposal would raise as much as $800 billion over the next decade, primarily from high-volume traders, Van Hollen said.
That last one is key. That is how we will get the money to create more jobs, improve healthcare, education, etc.
And tax breaks for the middle class is not the Republican platform. Tax breaks for the 1% is what the GOP is all about.
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Democrats, in a stark shift in messaging, to make big tax-break pitch for middle class: [View all]
Kingofalldems
Jan 2015
OP
Also, why in the hell is the only thing the Democrats can come up with the Republican platform?
BrotherIvan
Jan 2015
#8
Read the article. The headline misleadingly only mentions tax breaks for the middle class.
SunSeeker
Jan 2015
#12
Nope, Van Hollen proposes a more progressive tax structure, not less overall taxes.
SunSeeker
Jan 2015
#34
Precisely. It will never become law, so they can safely pander to the upper 5% instead of the .001%
hedda_foil
Jan 2015
#22
"The plan also would use the tax code to prod employers to boost wages, which have been stagnant
midnight
Jan 2015
#11
Yes… I would of assumed that right after the banks were bailed out this would of been the next
midnight
Jan 2015
#23
It sounds like a good start, especially the inclusion of an incentive for people to save.
JDPriestly
Jan 2015
#16
The big problem is housing. The cost of housing rises because the rich can buy properties
JDPriestly
Jan 2015
#21
Well, in one of those 10 - 20 piece jigsaw puzzles for very small children fashions
TheKentuckian
Jan 2015
#29