$120 B a year could be had via rollback of tax cuts on Rich & Cap Gain/Div

[papau]

http://www.nytimes.com/2005/02/11/opinion/11krugman.html

On the other side, a rollback of Mr. Bush's cuts in tax rates for high-income brackets, on capital gains and on dividend income would yield more than $120 billion per year in extra revenue - eliminating almost a third of the budget deficit - yet have hardly any effect on middle-income families. (Estimates from the Tax Policy Center of the Urban Institute and the Brookings Institution show that such a rollback would cost families with incomes between $25,000 and $80,000 an average of $156.)

Why, then, shouldn't a rollback of high-end tax cuts be on the table?

[FormerDittoHead]

1. But what about all the JOBS those cuts CREATED??? n/t

[oecher3]

3. I so no buy this and ...

... because I am not buying the trickle down theory at all and think there has been no real job gain due to tax cuts. It is time that the rich are sharing the burden of the deficit. It is so disappointing to see the cuts that are proposed, according to Krugman:

One of the proposed spending cuts would make it harder for working families with children to receive food stamps, terminating aid for about 300,000 people. Another would deny child care assistance to about 300,000 children, again in low-income working families.

How is that going to help to create new jobs. Single parents having problems of getting a job. Great, the only thing missing is a constitutional amendment that singles parent have to either give up their kids or get a opposite-sex spouse to have a traditional family!

[Robert Oak]

2. I think it's past "why" and getting some action

I mean "why" can be anything from total short term multinational
corporate front boy profits to some sort of "manifest destiny"
on how it's right that the few have all and the masses wallow
in the dirt...

How about "expose" get the American people to wake up to what's going on.

During the election I just couldn't BELIEVE the ignorance of
many people...they just buy the corporate propaganda media machine
hook, line and sinker.