Taxes Destroying Middle Class

iVillage Member
Registered: 04-04-2001
Taxes Destroying Middle Class
52
Mon, 10-11-2004 - 2:09pm
Currently over 50% of everything my husband and I earn is paid in taxes: federal and state income, social security, property, gasoline, and sales taxes. John Kerry cannot keep all the promises he has made without raising taxes. The Democrats are determined to "kill the goose that laid the golden egg" - if Kerry wins, they will succeed! John Edwards complains about two America's, but he advocates for government that will result in two America's: the very rich like the Kerrys/Edwards/Kennedys/Hollywood movie stars who have made their fortunes and use tax loopholes to avoid taxes - and the rest of us who will be forced to depend on government programs because we do not have enough money after taxes to save for our own retirment and health plans.

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iVillage Member
Registered: 06-17-2004
Wed, 10-13-2004 - 4:48pm

Here's a thought -- how about letting the market decide what a job is worth?

Renee ~~~

Renee ~~~

iVillage Member
Registered: 10-01-2004
Thu, 10-14-2004 - 7:41am
Based on last night's debate, it's even worse than we thought. Mr. Kerry's solution to health care: let the top 1% of tax payers pay for it. Mr. Kerry's solution to social security: call a meeting and let the top 1% of tax payers pay for it. Mr. Kerry's solution to funding all the campaign promises he has made to special interest groups> let the top 1% of tax payers pay for it. I have a news flash for Mr. Kerry, the top 1% of tax payers will not willingly pay more - like his wife Teresa, they will use loopholes to pay taxes at a rate of 12% (far less than the middle class) or they will leave the country (much like over-taxed businesses are now leaving the country). And when the top taxpayers stop paying their taxes, guess who will have to make of the difference? Middle class tax payers.

Disclaimer: Our family definitely does not earn $200K per year so I don't have a dog in this fight EXCEPT I know that my middle class family will eventually have to pick up the slack if we elect a president who promises the world with no plan to pay for his promises except to impose confiscatory taxes on the wealthy.

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