What do you think about Rangels tax plans ?

Question

If Charels Rangel stays with his plan not to renew Bush's tax cuts ..
Failing To Extend The Tax Cuts Would Result In A Nearly $2.4 Trillion Tax Increase On American Allowing The Tax Cuts To Expire Would Produce A $2.4 Trillion Tax Increase:

115 Million Taxpayers Would Pay An Average Of $1,716 More A Year;
84 Million Women Would Face An Average Increase Of $1,970 A Year;
48 Million Married Couples Would Pay An Average Of $2,726 More A Year;
42 Million Families With Children Would Face An Average Increase Of $2,084 A Year;
A Family Of Four Earning $50,000 Today Would Owe An Additional $2,092 A Year - A 132 Percent Increase In Their Tax Bill;
A Family Of Four Earning $60,000 Today Would Owe An Additional $1,858 A Year - A 58 Percent Increase In Their Tax Bill;
12 Million Single Mothers Would Face An Average Increase Of $1,062 A Year;
17 Million Seniors Would Pay An Average Of $2,034 More A Year;
26 Million Small Businesses Would Owe An Average Of $3,637 More A Year;5 Million Low-Income Individuals And Couples Would Again Be Subject To The Individual Income Tax. (U.S. Department Of Treasury, "Without Permanent Tax Relief, Millions Of Americans Will See Their Taxes Go Up By Billions Of Dollars In 2011," Fact Sheet)

Answer 1

I'll never understand why a man like Rangel is a dem.

Unlike Kerry and Murtha's murky military service, Rangel saw much combat during the Korean war, and it is well documented.

So it baffles me. This lunatic "Tax program" of his.

I'm glad I have equity, as I see dark economic weather on the horizon if the dems pass this program.

Answer 2

I think to get those needed numbers of tax dollars, they should repeal Ammendment 16, and institute a National Retail Sales Tax.

Answer 3

There is another election in 2008 and then one in 2010.
Last time I checked, they come before 2011...

Answer 4

It's alot of money, but not much I can do about it, except work hard and do the best I can

Answer 5

Demon-rats, tax and spend, cut and run!