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Reply #86: Let me repeat my opinion,I support lifting income cap from the payroll tax [View All]

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flaminbats Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-06-04 12:52 PM
Response to Reply #84
86. Let me repeat my opinion,I support lifting income cap from the payroll tax
but I oppose cutting the payroll tax for any reason. Taxes do not exist as a means for tinkering with the economy or "stimulating growth", they exist to raise the necessary revenue for government spending. The payroll taxes raise revenue for Social Security and Medicare benefits, and income taxes raise revenue for all of the other government programs. The means of reducing the damage done by taxes is to make income taxes progressive, by removing the cap protecting any earned income from the payroll tax, by only electing officials who pledge to invest our dollars wisely on human capital for a long-term return, and by fairly reducing the percentage of our tax dollars wasted yearly..only for servicing the national debt and to pay bondholders.
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  -Dean considering cut in payroll tax! dkf  Jan-05-04 11:10 PM   #0 
  - This had been advocated on the original blog  party_line   Jan-05-04 11:16 PM   #1 
  - And this benefits the middle class self employed business owner - HOW  SW FL Dem   Jan-05-04 11:36 PM   #11 
     - Maybe we should wait and see what the plan really is  party_line   Jan-05-04 11:48 PM   #17 
     - Tax Law is my expertise.  SW FL Dem   Jan-06-04 12:17 AM   #21 
     - Have to wait and see the plan, but  LuminousX   Jan-06-04 09:05 AM   #45 
     - If that small buisness owner has his payroll tax percentage cut  w4rma   Jan-06-04 09:28 AM   #55 
     - Can't spend less on payroll unless salaries are cut.  SahaleArm   Jan-06-04 09:32 AM   #57 
        - Yup. And note that this won't hurt struggling small buisness owners (n/t)  w4rma   Jan-06-04 09:43 AM   #61 
           - His current tax plan does not include payroll tax changes...  SahaleArm   Jan-06-04 09:45 AM   #62 
     - For one thing, it puts money in people's pockets.  Why   Jan-06-04 10:13 AM   #68 
  - that's great!  eileen from OH   Jan-05-04 11:18 PM   #2 
  - Another change of principled beliefs?  blm   Jan-05-04 11:19 PM   #3 
  - What change?  party_line   Jan-05-04 11:26 PM   #5 
  - The reply was to the post above.  blm   Jan-05-04 11:35 PM   #10 
  - bringing tax levels to where they were under Clinton.  AP   Jan-05-04 11:40 PM   #12 
  - Heh  Hep   Jan-06-04 09:18 AM   #48 
  - without digging up my records, it appears that if he rolls back the bush  bearfartinthewoods   Jan-06-04 08:35 AM   #37 
     - Try these calculators for a simple guesstimate  SahaleArm   Jan-06-04 08:40 AM   #39 
  - Dean will "treat everybody with respect, if I win." Priceless!  flpoljunkie   Jan-06-04 09:15 AM   #47 
  - Bravo! It's Been rumored for weeks now...Great move!  farmbo   Jan-05-04 11:20 PM   #4 
  - Payroll tax cap for 2004 is $87,900, up $900 from 2003.  flpoljunkie   Jan-06-04 08:58 AM   #42 
     - SS is capped - Medicare is not capped n/t  SahaleArm   Jan-06-04 09:01 AM   #43 
  - Good one.  bain_sidhe   Jan-05-04 11:28 PM   #6 
  - will Dean drop the cap on Social Security?  WhoCountsTheVotes   Jan-05-04 11:28 PM   #7 
  - How?  party_line   Jan-05-04 11:33 PM   #8 
  - then we'll string them up  WhoCountsTheVotes   Jan-05-04 11:34 PM   #9 
  - That's exactly what he proposes to do.  Hep   Jan-06-04 09:18 AM   #49 
  - If Dean does this, I say the hell with the Democratic Party!  flaminbats   Jan-05-04 11:43 PM   #13 
  - Social Security isn't on the brink of a crisis, it's solid for another two  WhoCountsTheVotes   Jan-05-04 11:45 PM   #14 
  - That's a great Kerry line!  flaminbats   Jan-05-04 11:47 PM   #16 
     - I wasn't being sarcastic  WhoCountsTheVotes   Jan-05-04 11:51 PM   #18 
        - neither am I...  flaminbats   Jan-06-04 12:06 AM   #19 
           - Remember when Gore was talking about a "lockbox" for the payroll tax?  w4rma   Jan-06-04 09:36 AM   #58 
              - No payroll tax is a miserable idea.  flaminbats   Jan-06-04 11:43 AM   #82 
  - It could be revenue neutral...with fat cats paying for worker cuts...  farmbo   Jan-05-04 11:45 PM   #15 
  - Do you realize that since reagan raised the payroll tax it has been...  JVS   Jan-06-04 12:09 AM   #20 
  - Yes it has been raided, and thus we had surpluses in the 90's.  flaminbats   Jan-06-04 12:37 AM   #27 
     - Or the income tax would be increased instead. Taxes are taxes. (n/t)  w4rma   Jan-06-04 09:37 AM   #59 
        - I disagree.  flaminbats   Jan-06-04 11:30 AM   #79 
           - Why do you say that?  lastliberalintexas   Jan-06-04 11:39 AM   #80 
              - Sales tax is regressive, a payroll tax with no income cap would be flat!  flaminbats   Jan-06-04 12:01 PM   #83 
                 - Do you even understand  lastliberalintexas   Jan-06-04 12:14 PM   #84 
                    - Let me repeat my opinion,I support lifting income cap from the payroll tax  flaminbats   Jan-06-04 12:52 PM   #86 
  - A-men! Would mean insolvency for Social Security and  Kahuna   Jan-06-04 12:55 PM   #87 
     - Cat-food will become much too expensive...  flaminbats   Jan-06-04 01:18 PM   #91 
  - Along with the lyrics from Outkast, the Southern accent, the "I would  robbedvoter   Jan-06-04 12:17 AM   #22 
  - Check again...Clark does NOT address the Payroll tax  farmbo   Jan-06-04 12:25 AM   #26 
     - SS/Medicare tax changes will be a tough sell...  SahaleArm   Jan-06-04 06:38 AM   #31 
  - If Dean cares about all the people you mention  Bleachers7   Jan-06-04 12:19 AM   #23 
  - spoken like a true conservative  Polemonium   Jan-06-04 08:15 AM   #32 
  - Federal income tax pays for local playgrounds?  SahaleArm   Jan-06-04 08:19 AM   #33 
     - Ahh I'm daring to dream  Polemonium   Jan-06-04 08:32 AM   #35 
        - You can't have that without making taxes more progressive n/t  SahaleArm   Jan-06-04 08:34 AM   #36 
           - or something along these lines  Polemonium   Jan-06-04 08:40 AM   #38 
              - Yeah but it's broad strokes - Where's the fine print?  SahaleArm   Jan-06-04 08:43 AM   #40 
  - So that your children  HFishbine   Jan-06-04 08:26 AM   #34 
  - I fought against those tax cuts, didn't you?  LuminousX   Jan-06-04 09:18 AM   #50 
  - Is the timing suspicious?  Leilani   Jan-06-04 12:23 AM   #24 
  - No plan - Just political mumbo-jumbo...  SahaleArm   Jan-06-04 06:33 AM   #29 
  - Actually  Hep   Jan-06-04 09:20 AM   #51 
     - Show me his proposal - The devil is in the details n/t  SahaleArm   Jan-06-04 09:23 AM   #53 
        - His proposal is at dfa  Hep   Jan-06-04 10:06 AM   #65 
           - His DFA proposal rolls back the Bush cuts not payroll taxes...  SahaleArm   Jan-06-04 10:09 AM   #66 
              - He's all about raising the cap  Hep   Jan-06-04 10:12 AM   #67 
                 - Again it's not in any of his official proposals - conjecture  SahaleArm   Jan-06-04 10:14 AM   #69 
                    - Whatever  Hep   Jan-06-04 10:21 AM   #71 
                       - No I'm just saying it's not been officially proposed...  SahaleArm   Jan-06-04 10:23 AM   #73 
  - Clark got his plan out there first. Of course, Dean will  Kahuna   Jan-06-04 12:56 PM   #88 
     - Clark got his plan out first?  Hep   Jan-06-04 01:12 PM   #90 
  - Kucinich has already introduced the legislation  eridani   Jan-06-04 12:24 AM   #25 
  - Dennis is on the ball!  Paulie   Jan-06-04 09:03 AM   #44 
  - I'd like to see this happen  JNelson6563   Jan-06-04 06:30 AM   #28 
  - That is much more important to lower income people than the income tax.  Zynx   Jan-06-04 06:34 AM   #30 
  - Sure! Considering that I live on Social security and pay tax on my savings  robbedvoter   Jan-06-04 08:46 AM   #41 
     - So Bush made your life better.  LuminousX   Jan-06-04 09:25 AM   #54 
        - Child credit is one of the cuts Dean blathers against.  SahaleArm   Jan-06-04 10:03 AM   #64 
  - dean won't raise payroll cap. That's "progressive". Dean is conservative!  cryofan   Jan-06-04 09:12 AM   #46 
  - Just say Dean is a liar, a dishonest person.  Hep   Jan-06-04 09:21 AM   #52 
  - Is that article your sig line?  RUMMYisFROSTED   Jan-06-04 09:31 AM   #56 
  - If the foo shits, wear it.  revcarol   Jan-06-04 01:11 PM   #89 
  - " look at reasonable options for expanding the ceiling on payroll taxes."  w4rma   Jan-06-04 09:41 AM   #60 
  - "dean won't raise payroll cap"  lifelong_Dem   Jan-06-04 12:30 PM   #85 
  - You mean the Medicare & Social Security taxes we pay? LOL LOL.  TexasSissy   Jan-06-04 10:00 AM   #63 
  - Wow  lastliberalintexas   Jan-06-04 10:19 AM   #70 
  - I'm trying to figure out if he had an actual proposal? n/t  SahaleArm   Jan-06-04 10:22 AM   #72 
  - your post seems self-contradictory. Can you clarify?  cryofan   Jan-06-04 10:43 AM   #74 
     - No, it isn't  lastliberalintexas   Jan-06-04 11:09 AM   #76 
        - I would agree with you--better to fund everything through income taxes  cryofan   Jan-06-04 11:26 AM   #78 
           - I'm not asking you to believe Dean  lastliberalintexas   Jan-06-04 11:43 AM   #81 
  - To all such critical posts  PATRICK   Jan-06-04 10:58 AM   #75 
  - This is excellent!  mzmolly   Jan-06-04 11:17 AM   #77 

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