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McCain's Delusional Tax Plan
The American Prospect ^ | May 3rd, 2008 | Robert Gordon and James Kvaal

Posted on 05/03/2008 10:49:40 AM PDT by The_Republican

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1 posted on 05/03/2008 10:49:41 AM PDT by The_Republican
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To: The_Republican

You posted this article from a LIBERAL RAG!!!

Coming out of the closet are we?


2 posted on 05/03/2008 10:53:06 AM PDT by misterrob (Obama-Does America Need Another Jimmy Carter?)
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To: The_Republican

Well then, America’s only hope is Mrs. Clinton—vote early, vote often


3 posted on 05/03/2008 10:56:29 AM PDT by kcm.org (Now unto Him)
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To: The_Republican

McCain and Bush birds of a fiscally insane, irresponsible feather. 300b in tax cuts and 30b in spending cuts. Meanwhile my young generation will be paying for the 400b/year deficits for the rest of our lives.


4 posted on 05/03/2008 10:58:24 AM PDT by Nova442 ("Cry Havoc and let slip the Dogs of War.")
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To: The_Republican
as long as the source of the DC politicians power rests in the US Tax Code, then the tax code will not change. Until the people rise up and throw the bums out who do not support a fair/flat tax, we will contue to have a tax system that costs the American people billions in compliance and wastes million of otherwise productive folks time.
5 posted on 05/03/2008 10:58:46 AM PDT by MCCRon58 (Freedom does not mean you are free from the consequences of your own freely made decisions.)
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To: The_Republican
John McCain...A tough-talking conservative who wraps himself in the Gipper's legacy...

I stopped reading at this point. A silly article.

6 posted on 05/03/2008 10:58:47 AM PDT by Blennos (High Point, NC)
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To: The_Republican
McCain's tax agenda undermines his core political appeal.

McCain's tax plan isn't perfect, but it increases his core political appeal to this voter.

7 posted on 05/03/2008 10:59:33 AM PDT by BfloGuy (It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect . . .)
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To: misterrob

“You posted this article from a LIBERAL RAG!!!”

While we must automatically believe that anything a liberal writes is suspect, it does bear doing a little research before jumping ot conclusions.


8 posted on 05/03/2008 11:00:22 AM PDT by Grunthor ( there's more than 100 billion barrels of untouched oil and gas in this country)
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To: The_Republican

“Paying for his tax credits” is a liberal mantra and non-sequitter: Tax cuts generate growth and that growth, even taxed at the lower tax rates, produces an increase the total amount of tax revenue collected. See, e.g., Kennedy cut of marginal tax rate; Reagan cut to marginal tax rate and CBO reports. BTW: what was your point in posting this article? Just to show how wrong one person can be?


9 posted on 05/03/2008 11:02:50 AM PDT by Ahithophel (Padron@Anniversario)
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To: The_Republican
Meyer's three rules for any tax plan...

1. Simplify
2. Flatten
3. Lower

10 posted on 05/03/2008 11:05:29 AM PDT by meyer (Still conservative, no longer Republican)
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To: The_Republican

Uh (belch), make that “To pay for his $300 billion a year in tax cuts” not “tax credits” But I think y’all get my point.


11 posted on 05/03/2008 11:06:18 AM PDT by Ahithophel (Padron@Anniversario)
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To: The_Republican
A tough-talking conservative who wraps himself in the Gipper's legacy ... fought George Bush's 2001 and 2003 tax cuts

Why read past here?
He IS NOT A CONSERVATIVE. He is simply the new republican.

12 posted on 05/03/2008 11:09:44 AM PDT by Just A Nobody (PISSANT for President '08 - NEVER AGAIN...Support our Troops! Beware the ENEMEDIA)
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To: The_Republican

And where, pray-tell, is an analysis of the Hill-Obama tax reform proposal(s) that the American Prospect, I’m sure, embraces? How will the Corporate Tax Rate compare with the other G-7 countries after Obama and Hillary are done with their wind-fall profits taxes and other “reforms”? When has a serious tax-reform proposal emerged from the Demo controlled Congress? And what happened to those tax-reforms back in 1986 when the Gipper was in charge and bargaining with Democrats? And when Bush Sr. was promising “no new taxes” but finally cut a deal with the Demo Congress? I don’t remember the American Prospect or its earlier counterparts applauding the statesmanship of Bush Senior in 1992. And I don’t remember the American Prospect or its earlier counterparts complaining that Bill Clinton’s tax policy was making America uncompetitive with the rest of the world.

Have the authors looked at the success rates of the flat-taxers in Eastern Europe and Ireland (even Russia)? I bet Senator McCain would welcome a proposal on a true flat-tax reform plan being brought forward by leading Dems from Congress! Yeah, that’s the ticket! Bring on your proposals, Progressive Liberals!


13 posted on 05/03/2008 11:21:14 AM PDT by ReleaseTheHounds ("The demagogue is one who preaches doctrines he knows to be untrue to men he knows to be idiots.")
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To: misterrob

Yeah, you got me!


14 posted on 05/03/2008 11:24:19 AM PDT by The_Republican (Ovaries of the World Unite! Rush, Laura, Ann, Greta - Time for the Ovulation!)
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To: Nova442

while agree on the spending problem, tax cuts are not a zero sum game. A billion in tax cuts is not a billion less going to the government. It is an increase of money going back into the economy, which leads to more tax collection further down the line.


15 posted on 05/03/2008 11:29:58 AM PDT by ilgipper
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To: The_Republican; ancient_geezer; Taxman; Principled; EternalVigilance; phil_will1; kevkrom; ...

Tinkering with the income tax won’t solve the problem. It is beyond repair. It’s time to replace the income tax code with a consumption tax via The Fair Tax. Fair Tax ping!


16 posted on 05/03/2008 11:49:28 AM PDT by Man50D (Fair Tax, you earn it, you keep it!)
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To: Grunthor

There might be some useful facts sprinkled through the article but I got the definite feeling the author was simply debating that McCain’s socialist policies weren’t as good as his socialist policies. When he speaks of smaller government he isn’t talking about the principle of keeping government out of private sector business he’s just talking about a kinder gentler imposition of government interference.


17 posted on 05/03/2008 11:59:38 AM PDT by TigersEye (Berlin 1936. Olympics for murdering regimes. Beijing 2008.)
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To: Grunthor

It is filthy liberal, anti-war pansy ass rag.


18 posted on 05/03/2008 12:02:30 PM PDT by 1035rep
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To: 1035rep

don’t forget “do-gooder.”


19 posted on 05/03/2008 12:33:33 PM PDT by purpleraine
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To: purpleraine
:)

Nasty, stinking do-gooder's!

20 posted on 05/03/2008 12:37:54 PM PDT by 1035rep
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