Posted on 04/29/2007 1:38:16 PM PDT by Sub-Driver
Edwards says would consider more taxes on rich Sun Apr 29, 2007 4:11PM EDT
By Adam Tanner
SAN DIEGO (Reuters) - Democratic presidential candidate John Edwards said on Sunday he would consider raising taxes on the wealthy in addition to his earlier proposal to roll back tax cuts ushered in by President George W. Bush.
Earlier this year, Edwards became the first Democratic candidate to embrace taxes hikes to fund an ambitious health- care plan he estimates would cost from $90 billion to $120 billion a year. Under that plan, he would eliminate tax cuts Bush implemented for those making more than $200,000 a year.
The former one-term senator from North Carolina told reporters at the California Democrats' annual convention he would also consider additional taxes on the rich beyond that.
"I think it is worthy of consideration," he told a news conference. "We have gone from a record surplus to a record deficit and I think there are some judgments the next president will have to make."
Presidential candidates typically avoid speaking about tax increases in fear of alienating U.S. voters. In 1984, former Vice President Walter Mondale suffered a landslide defeat to Republican President Ronald Reagan partly attributed to Mondale's admission he would raise taxes.
New Mexico Gov. Bill Richardson, also a Democratic candidate for president, quickly distanced himself from any such rise in taxes.
"Democrats, whenever he have a solution, we want to tax," Richardson told a news conference. "I'm different. I'm a tax cutter. I believe you use the tax code to reward entities that do well, that do right, that create jobs."
(Excerpt) Read more at reuters.com ...
He's so pretty
Oh, so pretty,
And we can now take his 28,000 sq ft new home!
From what I understand, Edwards is getting a lot of moolah from the hidden Soros foundations. If that is so, you can count on him to tow the moonbat line.
He was also the first to drop out of the Fox debates, which was a big deal on the whacko left websites.
He’s in the pocket of Soros and the moonbat left.
Cool. Nobody rich give him any money.
What an economic idiot (as all liberal democrats are). Got to love the class envy shtick....look where is has got US so far.
To 59 million Americans, John Edwards and his policies are quite electable.
Just another Soros lap dog. Edwards, I mean, not you.
Yeah, Edwards is running to the left, he’d better be happy the world is not flat.
I think there should be a 100% tax on fruity spa treatments for men.
More taxes.Now there’s a unique D’crap political idea huh ???
John Edwards: No “Global War on Terror”
More taxes.Now there’s a unique D’crap political idea huh ???
** I AM GOING TO RAISE YOUR TAXES **
And that is all that traitorous moron ever said, his entire platorm and agenda for America.
I’m sure that raising taxes on the big oil companies is very popular. It’s pure economic ignorance. The “big” American companies like Exxon/Mobil are being shoved aside and dwarfed by the really big players like the Saudis and the Russians. Let’s see how these idiots like it if the U.S. loses control of its oil supplies even further.
Playing the Mondale card. Maybe some day somebody will make it work, but who on earth thinks the Gov’t doesn’t get more than enough tax money already?
Yeah and the scariest part is if it wasn’t for Ohio,HE WOULD HAVE BEEN PRESIDENT !!!
A socialist candidate wants to raise taxes. Shocking, just shocking.
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