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I think Dean got himself in more trouble with this Tax issue. [View All]

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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-10-04 12:22 PM
Original message
I think Dean got himself in more trouble with this Tax issue.
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Edited on Sat Jan-10-04 12:22 PM by Bleachers7
I would love it if our finance people could get in on this. My understanding is that Payroll Taxes include money for Social Security, unemployment, and Medicare. Is this correct? That means that Dean wants to cut Social Security, Unemployment Benefits, and Medicare. He has not proposed any increases to balance anything out. He has only made comments about cutting.

I think Deans loose lips just got him into trouble again. He should go tell seniors that he wants to cut funding for Social Security and Medicare. Now this is consistent with his positions in the '90's, but it isn't now. It is also not consistent with his plan to raise everyones taxes back to the pre-Bush days.

I don't understand how he plans to win an election by raising taxes and cutting Social Security, Medicare and possibly unemployment. Can anyone here give some detail as to where these taxes go?
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  -I think Dean got himself in more trouble with this Tax issue. Bleachers7  Jan-10-04 12:22 PM   #0 
  - We don't know enough yet  Dookus   Jan-10-04 12:24 PM   #1 
  - Not Only Has He Had Two Years- He's Raked In Enough Money  cryingshame   Jan-10-04 12:30 PM   #8 
  - Not to mention that he didn't start hinting at this until...  jadesfire   Jan-10-04 06:30 PM   #37 
  - general revenues to make up for all the money lost under a payroll tax cut  w4rma   Jan-10-04 12:24 PM   #2 
  - Come again?  nancyharris   Jan-10-04 12:27 PM   #5 
  - That's right. (n/t)  w4rma   Jan-10-04 12:29 PM   #7 
     - correct - current excess payroll tax sent to rich via bush tax cuts  papau   Jan-10-04 04:56 PM   #34 
  - Any Dem who  asjr   Jan-10-04 12:46 PM   #11 
  - FICA is just another form of income tax.  stickdog   Jan-10-04 12:25 PM   #3 
  - There ya go...  deminflorida   Jan-10-04 12:27 PM   # 
  - I agree...  Dookus   Jan-10-04 12:27 PM   #4 
  - None are so blind as those who will not see (post #2) (n/t)  w4rma   Jan-10-04 12:28 PM   #6 
  - umm...  Dookus   Jan-10-04 01:00 PM   #15 
     - How will Clark pay for his tax cuts for married folks? (n/t)  w4rma   Jan-10-04 02:11 PM   #22 
        - corporate taxes ...  Pepperbelly   Jan-10-04 02:14 PM   #24 
           - So he raises taxes on some buisnesses? (n/t)  w4rma   Jan-10-04 02:19 PM   #26 
              - read the plan and of course ...  Pepperbelly   Jan-10-04 02:21 PM   #28 
                 - I'm all for this, but Dean is planning to do the exact same thing.  w4rma   Jan-10-04 02:24 PM   #30 
                    - Where is the plan that says this?  jadesfire   Jan-10-04 06:39 PM   #40 
  - Bush is STEALING the SS revenue to pay for his war & deficit.  stickdog   Jan-10-04 06:17 PM   #35 
  - Except for the part that I, as an employer have to pay  democratreformed   Jan-10-04 12:34 PM   #9 
  - Come on. You just take it out my salary. (nt)  stickdog   Jan-10-04 06:18 PM   #36 
     - FYI  democratreformed   Jan-10-04 11:07 PM   #43 
  - I agree w/ you here and it also hurts employers as well...  familydoctor   Jan-10-04 04:25 PM   #32 
  - And it's lumped into the budget  sandnsea   Jan-10-04 06:34 PM   #39 
  - Just a note, but, as an employer, I pay seperate unemployment taxes. n/t  democratreformed   Jan-10-04 12:35 PM   #10 
  - I was under the impression that the basic outline of his plan  ryharrin   Jan-10-04 12:49 PM   #12 
  - What on earth do you mean? He was going to do this all along.  ClarkGraham2004   Jan-10-04 12:51 PM   #13 
  - Cutting payroll taxes is a fantastic idea!!!!  cally   Jan-10-04 12:58 PM   #14 
  - true  Jim4Wes   Jan-10-04 01:03 PM   #16 
  - You make such an unfounded leap  HFishbine   Jan-10-04 01:04 PM   #17 
  - The payroll tax is higher than it needs to be  quaker bill   Jan-10-04 01:06 PM   #18 
  - Voodoo Economics  nancyharris   Jan-10-04 02:03 PM   #19 
  - It's a tax on income but is assessed quite differently  cally   Jan-10-04 02:12 PM   #23 
     - Not really  nancyharris   Jan-10-04 03:45 PM   #31 
        - yes actually it is different  quaker bill   Jan-10-04 07:17 PM   #41 
           - You are incorrect  nancyharris   Jan-10-04 08:11 PM   #42 
  - NO, that is incorrect  arewethereyet   Jan-10-04 11:15 PM   #44 
  - he's going to get money from the general fund, and that way it won't  slinkerwink   Jan-10-04 02:07 PM   #20 
  - Where did you see that plan?  Bleachers7   Jan-10-04 02:08 PM   #21 
     - it's in the Boston Globe for chrissakes!  slinkerwink   Jan-10-04 02:22 PM   #29 
        - So why doesn't Dean put it on his site.  Bleachers7   Jan-10-04 06:32 PM   #38 
  - If you loan me $50  retyred   Jan-10-04 02:19 PM   #25 
     - I don't think you know what you are talking about, retyred. (n/t)  w4rma   Jan-10-04 02:20 PM   #27 
     - The thing is that the income tax is a progressive tax while  dd123   Jan-10-04 04:34 PM   #33 

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