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Reply #10: Dennis on the tax cuts, Iraq, and the troops: [View All]

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LWolf Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-03 03:37 PM
Response to Reply #1
10. Dennis on the tax cuts, Iraq, and the troops:
http://www.house.gov/apps/list/press/oh10_kucinich/0305...

When the tax cuts were enacted:

<snip>

Kucinich: Republican Tax Proposal Is Reckless And Harmful To The Economy

Today, the House of Representatives will consider another package of tax cuts that benefit the wealthy while do nothing to help our hurting economy. The plan, $550 billion dollars worth of tax cuts to the wealth, is reckless and harmful to our economy, stated Congressman Dennis J. Kucinich (D-OH) today.


on tax reform:

http://www.issues2000.org/2004/Dennis_Kucinich_Tax_Refo...

Voted NO on $99.5B economic stimulus: capital gains & income tax cuts.
Vote to pass a bill that would grant $99.5 billion in federal tax cuts in fiscal 2002, for businesses and individuals.
The bill would allow more individuals to receive immediate $300 refunds, and lower the capital gains tax rate from 20% to 18%.

Bill HR 3090 ; vote number 2001-404 on Oct 24, 2001

Voted NO on Tax Cut Package of $958B over 10 years.
Vote to pass a bill that would cut all income tax rates and make other tax cuts of $958.2 billion over 10 years. The bill would convert the five existing tax rate brackets, which range from 15 to 39.6 percent, to a system of four brackets with rates of 10 to 33 percent.
Reference: Bill sponsored by Thomas, R-CA; Bill HR 1836 ; vote number 2001-118 on May 16, 2001

Voted NO on eliminating the Estate Tax.
Vote to pass a bill that would gradually reduce revenue by $185.5 billion over 10 years with a repeal of the estate tax by 2011.
Reference: Bill sponsored by Dunn, R-WA; Bill HR 8 ; vote number 2001-84 on Apr 4, 2001

Voted NO on eliminating the "marriage penalty".
Vote on a bill that would reduce taxes for married couple by approximately $195 billion over 10 years by removing provisions that make taxes for married couples higher than those for two single people. The bill is identical to HR 6 that was passed by the House in February, 2000.
Reference: Bill sponsored by Archer, R-TX; Bill HR 4810 ; vote number 2000-392 on Jul 12, 2000

Voted NO on repealing the estate tax ("death tax").
Vote to pass a bill that would completely eliminate taxes on estates over a 10 year period at an estimated cost of $105 billion as well as $50 billion each year after the repeal of the tax is complete in 2010.
Reference: Bill sponsored by Dunn, R-WA; Bill HR 8 ; vote number 2000-254 on Jun 9, 2000

Voted NO on $46 billion in tax cuts for small business.
Provide an estimated $46 billion in tax cuts over five years. Raise the minimum wage by $1 an hour over two years. Reduce estate and gift taxes, grant a full deduction on health insurance for self-employed individuals, increase the deductible percentage of business meal expenses to 60 percent in 2002, and designate 15 renewal communities in urban rural areas.
Reference: Bill sponsored by Lazio, R-NY; Bill HR 3081 ; vote number 2000-41 on Mar 9, 2000

American People's Dividend: Give $300 to every person.
Kucinich adopted the Progressive Caucus Position Paper:

The Problem
President Bush argues that upper income people pay a larger share of the taxes, therefore they should get a larger tax cut. We disagree. These people have significantly benefited from the economic boom of the 1990s, while those in the bottom range of incomes have received little benefit. Its these folks that we must help. President Bushs plan is Reaganomics revisited and its fiscally irresponsible. Despite spending $1.6 trillion or more, the Presidents tax plan gives little to nothing for those with little income. In fact, anyone below 140% of the poverty line, will get a zero tax cut.
The Solution
The Progressive Caucus believes that tax relief must flow to those who need it the most, the working class and people with limited incomes. We have endorsed an idea called the American Peoples Dividend. Well give a dividend to every American, because every American is an equal shareholder in America. We estimate the total cost to be about $900 billion over 10 years. The plan will give to every person about a $300 refundable tax credit. A married couple with 3 children will receive $1500, $300 for each member of the family. This plan is simple, easy to administer, and progressive. The plan could provide an economic stimulus since it would put money in peoples pockets immediately. Unlike the Bush proposal, which reserves 40% of the tax benefits for the wealthiest 1% of the population, our proposal gives the wealthiest 1% exactly 1% of the tax relief. This makes the bulk of tax relief available for the bulk of the population. The American Peoples Dividend is payable every year the federal budget is in surplus.
Comparison of Progressive Tax Plan & Bushs Plan
The Wealthy The Low Income
Progressive Caucus American Peoples Dividend $300 $300
President Bushs Tax Cuts $$46,000 $0

Source: Progressive Caucus Press Release, "Tax Relief" 01-CPC2 on Feb 8, 2001

On what he'll do about the tax cuts as president:

http://www.mndaily.com/articles/2003/06/23/6113

Bushs tax cuts are a grab by powerful economic interests. That means cuts in services, education, housing, health care, veterans benefits. Ill cancel the tax cuts, Kucinich said. Bush will bankrupt this country and mortgage our future; were not creating jobs.

On international cooperation in Iraq and our troops:

http://www.realcities.com/mld/krwashington/news/nation/...

Most of the candidates said they would vote to approve Bush's request for an additional $87 billion for Iraq, casting the vote as necessary to support American troops already in Iraq.


Kerry conditioned his support, saying Congress should not approve Bush's new request for an additional $87 billion for Iraq unless he agrees to raise taxes on the wealthy and shows a will to internationalize the effort there.


Rep. Dennis Kucinich of Ohio said he would vote no. "The best way to support our troops is to bring them home," said Kucinich. "The U.N. in and the U.S. out!"


I do believe Dennis has already planned for what we need to successfully cut the pentagon budget!







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