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dutch777

(4,628 posts)
3. So much could be done with fairer taxation to fix the deficit. Really would like Dems to put out a comprehensive...
Mon May 19, 2025, 09:52 AM
May 19

...counter proposal to the current House ideas, including this fix. I know, we had ideas in the Harris platform. No one remembers way back then and it was not complete. Use this opportunity to launch new, bigger, better Dem ideas of a fair budget that helps the poor and middle class, more fairly taxes the rich and corporations and provides long term fix for Social Security. Ideas are out there, just not coalesced: Now is a time of opportunity to message Dem ideas and ideals that are better.

1. Remove the earnings cap on Social Security tax.
2. Fix the loophole noted on carried interest.
3. Introduce a small flat tax on large financial or value transfers (say.1/10% on anything under $5 mil and exclude inheritance residential or agriculture real estate transfers to protect farmers).
4. Tax capital gains at higher rate for any business entity and individuals under age 65.
5. Target any tax relief to the poor and the middle class.
6. Fully fund Medicaid.
7. Have a plan that shows measurable decrease to national debt from the plan over time. Shame the Repugs with this.
8. Forget tariffs other than select cases like punishing countries for unfair currency manipulation.

Lots of other ways to be fairer and speak to voter concerns.

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