Tuesday, August 23, 2005

Major Campaign Issues for Democrats

A version of this was posted on the forum page on moveon.com:

Major Campaign Issues for Democrats


I think the Democrats ought to come up with 4 or 5 solid compaign issues for the coming elections of 2006 and 2008. Twenty or thirty issues are too many as they dilute the emphasis on the really key issuses. Here are 3 issues that I think should be considered:

1. Set of goal of energy independence by 2020 using renewable energy only. It's doable and will create a lot of jobs. This is going to be necessary because if China and India start using oil as the same per capita rate as the US, there won't be enough oil to go around. Instead of oil at $3 a gallon, think $10 or $20.

2. Universal health care by 2010.

3. A more equal distribution of wealth. A tax of 1% on all wealth greater than $1 million would bring in about $226 billion (or more). (The first million of wealth would be exempt.)

http://www.thelittlegreenie.com

Sunday, August 21, 2005

Another tax break for the wealthy?

Congress is going to try to repeal the Estate Tax in September. This tax brings in more than $70 billion a year (year 2000). All estates worth less than $675,000 are exempt from any tax. In 2000 this was about 52,000 estates, or 2.16% of the total. Various new limits have been suggested. If the exemption is raised to $1.5 million, only 0.57% of estates would pay any tax. If $2.0 million, 0.26% would pay; if $3.5 million, 0.15%.

This tax reduction effort is strictly for the truly wealthy. If you're in that group, you might want to see the law changed. If you're not in that group, and figure you're not likely to get there, you probably don't want to see the law changed. If the law is changed, that $70 billion is going to be gotten from the rest of us.

You can get more information on this subject by gong to http://www.faireconomy.org

You might want to contact your Senators or Representative if you don't want the law changed.

http://www.thelittlegreenie.com
http://www.trafford.com/04-2119