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He gave the Republicans some good ammo here! He let the cat out of the bag about the tax loving DemocRATS ,I'd say!
The Wall Street Journal -- OpionionJournal
October 26, 2007
[SIZE=3][/SIZE][SIZE=5]Truth in Advertising (for a Change)[/SIZE]
[SIZE=3]House Ways and Means Committee Chairman Charles Rangel has opene
d a new front in the 2008 campaign. It's called class warfare.[/SIZE]
[SIZE=3]Yesterday, the Harlem Democrat presented sweeping plans for a new comprehensive tax bill. He called it the "mother of all reforms." Republicans quickly tagged it "the trillion dollar baby," a tax increase that would sock higher-income families and some businesses with higher rates to "pay for" scaling back the dreaded Alternative Minimum Tax and corporate tax rates. But plenty of extra revenue would be left over for pet Democratic programs.[/SIZE]
[SIZE=3]Republicans immediately declared the move to their advantage. "Very seldom in politics do your opponents give you this kind of gift,'' said House Minority Whip Roy Blunt of Missouri . "Very seldom in politics do your opponents say, `If we could just elect a president and if we can hold onto the House and Senate, here's what we're going to do: We're going to raise taxes.'"[/SIZE]
[SIZE=3]Significantly, almost no Democratic presidential candidate would comment on the plan. Hillary Clinton, who hails from Mr. Rangel's state, would only have her spokesman note that the Ways and Means Chairman and she had long shared interest "in the broad goal of progressive tax reform."[/SIZE]
[SIZE=3]Eric Cantor, a Republican from Virginia , said the silence was meaningful. "Democrats won in 2006 by not saying what they would do," he told me. "Now they are starting to give people a hint of what it would mean to have Democrats run both Congress and the White House. It's the return of class warfare, and that's a battle I welcome."[/SIZE]
Looks like he let the cat out of the bag on the issue of tax loving DemocRATS!
The Wall Street Journal -- OpionionJournal
October 26, 2007 Truth in Advertising (for a Change)
House Ways and Means Committee Chairman Charles Rangel has opened a new front in the 2008 campaign. It's called class warfare.
Yesterday, the Harlem Democrat presented sweeping plans for a new comprehensive tax bill. He called it the "mother of all reforms." Republicans quickly tagged it "the trillion dollar baby," a tax increase that would sock higher-income families and some businesses with higher rates to "pay for" scaling back the dreaded Alternative Minimum Tax and corporate tax rates. But plenty of extra revenue would be left over for pet Democratic programs.
Republicans immediately declared the move to their advantage. "Very seldom in politics do your opponents give you this kind of gift,'' said House Minority Whip Roy Blunt of Missouri . "Very seldom in politics do your opponents say, `If we could just elect a president and if we can hold onto the House and Senate, here's what we're going to do: We're going to raise taxes.'"
Significantly, almost no Democratic presidential candidate would comment on the plan. Hillary Clinton, who hails from Mr. Rangel's state, would only have her spokesman note that the Ways and Means Chairman and she had long shared interest "in the broad goal of progressive tax reform."
Eric Cantor, a Republican from Virginia , said the silence was meaningful. "Democrats won in 2006 by not saying what they would do," he told me. "Now they are starting to give people a hint of what it would mean to have Democrats run both Congress and the White House. It's the return of class warfare, and that's a battle I welcome."
Charlie is a popular guy amoung his peeps and has never made it a secret what he would do if given the power. He is honest in this regard. I respect him for the veteran he is wounded in battle while fighting in Korea. Let no one defame his character. He has more than earned his right to his opinions.
This said He is a tax and spend kind of liberal and he admits this. No great surprise. I respect him for being very open about his position. He also voted against going to IRAQ....
I would never want him as a prez and worry about him if we get an all democrat control in DC. We all will learn a new meaning of being taxed.
Charlie thank you for your great service to our nation but please please keep the taxes to yourself.
I thought the tax reform was revenue-neutral? Oh well, there's always all kinds of information coming from all different sides. But if you make under like $200,000 a year you'd get a tax break under the plan. It also shifts to taxing some forms of capital gains at the same rate as income, which seems fair. Charles Rangel's voice is cool, he's like some old-ass taxi driver who'd probably have 1,000,000 crazy stories to tell about Vietnam and the Black Panthers or something.
What's so bad about increasing the tax rate of rich people so that people of lower income can have tax cuts? Do I need to get it straight that the truth is that rich people also have awful, nightmarish trouble making ends meet and are hurting badly, too, right along with the poor and moderate income people?
I thought the tax reform was revenue-neutral? Oh well, there's always all kinds of information coming from all different sides. But if you make under like $200,000 a year you'd get a tax break under the plan. It also shifts to taxing some forms of capital gains at the same rate as income, which seems fair. Charles Rangel's voice is cool, he's like some old-ass taxi driver who'd probably have 1,000,000 crazy stories to tell about Vietnam and the Black Panthers or something.
Fish you nailed it. I am as you know a conserv. But damn Charlie is an easy guy to like. I would buy the man a beer and say lets talk buddy. Whoa forget that I would invite him to my house and we could just talk like two old war horses and hopefully never disguss politics at all.
The only issue I have with the article is that Class Warfare is not a new tactic. It's been used by fiscal liberals for a long time to make the achievers in our economy seem evil. As evidenced by many comments on this forum, it's worked.
What's so bad about increasing the tax rate of rich people so that people of lower income can have tax cuts? Do I need to get it straight that the truth is that rich people also have awful, nightmarish trouble making ends meet and are hurting badly, too, right along with the poor and moderate income people?
Because you have something does not mean you should be forced to forfiet it. Everyone should pay a fair share not the select few. Just as the elite should not be allowed to pay less than a fair share.
If you truely want fair than a flat tax is the only way. Everyone pays an equal %. The guy who makes a million will pay alot more in dollars than the guy who makes 20 grand. It works at state and local levels there is no reason it wouldnt at the federal level. But guess why we will never see it?
Because those in both parties know that will mean no loopholes for them either.
Charlie is just about the only guy that probibly wouldnt even blink about paying his due.
You would figure that rich right wanger folks that profess to love America (or leave it, right?) would not mind paying the taxes that keep it going.
I am glad they are being given the opportunity to serve in some capacity as so many seem to miss the military service experience.
So why do Republicans hate America?
I am a love it or leave it kind of guy and I do pay taxes. I am however against punishing people for their success and rewarding under achievers.
best policy is a flat tax everyone pays the same percentage.
2 grand to someone making 20 grand hurts as bad as 5 grand to someone making 50 just as 100 grand hurts the guy making 1 million.
Savings would be huge. IRS would shrink to a fraction of its current mass.
But then the need for accountants would also shrink.
hmmm seems like a win win deal.
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Thank you Charlie Rangel!
