Comments on: The Washington Post is now worried about Democratic tax plans.

By: baserunr

baserunr — Wed, 15 Jul 2009 21:40:24 +0000

of stacking all the taxes on the rich is doomed to failure. If you don’t think that’s true, take a look at CA. Every time the Dems desired money to fund some new scheme, the answer was to impose a surtax on high income earners. As long as the economy is roaring along, this works fine. But when things slow, or even reverse, the damage mounts up rapidly. In effect, the tax collection scheme is too highly leveraged. CA finished the last fiscal year with a 13 billion deficit, and it will be at least that for the fiscal year started about 2 weeks ago. This new Federal Scheme is CA-redux, and writ large.

By: johnt

johnt — Wed, 15 Jul 2009 18:51:00 +0000

One way or another the tax monster is going to reach down to that holy of holiest, working families, As well that stalwart of American morals and intellectualism, the Reality Based Community.
I can hear the squeals now.

Not sure how reducing Medicare and Medicaid helps matters if you are planning on throwing the net eventually over the entire nation, less, as always, the political in-crowd. Perhaps the payoff is that you, the ruling class, get to give everybody the exact same shabby coverage. Makes sense from an administrative, bureaucratic viewpoint, the only one that matters.

And to think poor, stupid Sarah Palin saw it coming, dull ditzy thing that she is. Perhaps the libs are wrong, perhaps a wise, Alaskan woman would have insight a white male at the WaPo, who watches Keith Olbermann for inspiration, doesn’t have.

By: jonreagan

jonreagan — Wed, 15 Jul 2009 16:04:22 +0000

How can you “move money” from a program that is basically insolvent”?

There are lots of estimates out there, but the Medicare Board of Trustees pegs the number at $38 trillion in unfunded obligations—-with the Hospital Fund set to go broke by 2016. This whole debate is taking on a surreal quality.

At least the House Dems are being true to their liberal roots: if you don’t have the money, just pretend.

By: tnmama

tnmama — Wed, 15 Jul 2009 15:44:53 +0000

IOW – They’re cutting spending on the poor and old folks. It makes me wonder how all of those AARP voters who voted for “the one” and all of the poor who voted for “change” will like it when they’re told “you’re too poor and/or old” to warrant treatment?

www.teapartynation.com

By: Swamp_Yankee

Swamp_Yankee — Wed, 15 Jul 2009 15:13:49 +0000

When Dems do it, it is ‘reduced spending’. When Republicans do it, it is ‘cuts to vital programs’.

Republican talking points should make sure to use the term “vital cuts”