Rangel's Proposed Tax Package Political Hornet's Nest

The Writing Corner by Beth Wellington | Oct. 30, 2007 (News Analysis)

There used to be a time when the Republicans were known for their fiscal conservatism. The pejorative the Republicans use for Democrats, "Tax and spend" rings hollow these days when contrasted with their practice: "Don't tax and yet spend." Compare the success of Clinton in balancing the budget with Bush's growing deficits resulting from his embrace of the Reagan notion that tax cuts for the wealthy "trickle down" and generate increased revenues. It makes ... Full Story »

Posted by Kaizar Campwala

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Subjects: U.S., Politics, Business
Topics: U.S. Budget, U.S. Congress, Republicans, Taxes
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Posted by: Posted by Kaizar Campwala - Oct 30, 2007 - 7:42 AM PDT
Reviewed by: Kaizar Campwala (review), Rory O'Connor (review), Fabrice Florin (review), Jim Lang (review), Bruce Sims (review)
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Edited by: Kaizar Campwala - Oct 30, 2007 - 7:51 AM PDT

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Rory O'Connor
4.0
 by Rory O'Connor - Oct. 1, 2008

An excellent, detailed look at the Republican critique of the proposed Tax Reduction and Reform Act submitted recently by Ways and Means Chairman Charlie Rangel -- a Democrat. As the author writes, "Although clearly wanting to make the tax system more progressive, Rangel included items espoused by Republicans, such as elimination of the Alternative Minimum Tax (AMT) and a cut in the overall corporate tax rate,." Nonetheless, the partisan political 'jockeying' began almost immediately. No surprise there....

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Kaizar Campwala
4.3
 by Kaizar Campwala - Oct. 1, 2008

An excellent exposition of Rangel's bill with an insightful breakdown of the Republican attack on it as a tax hike. The issue of the corporate tax rate reduction may be deserving of its own, separate piece.

Kaizar posted this story.
See Full Review » (12 answers)
Fabrice Florin
3.0
 by Fabrice Florin - Oct. 1, 2008
See Full Review » (2 answers)
Jim Lang
3.7
 by Jim Lang - Oct. 1, 2008
See Full Review » (9 answers)
Bruce Sims
3.5
 by Bruce Sims - Oct. 1, 2008
See Full Review » (6 answers)

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