Sunday, April 29, 2007

Edwards Tax Rich

While campaigning in San Diego, Democratic presidential candidate John Edwards said he would raise taxes for the rich in order to accomidate for a health care plan he is promoting. This health care plan is estimated to be $90 billion to $120 billion and would eliminate the tax cuts President Bush implimented for those making over $200,000 a year. Edwards also said that for those who make more than $200,000, there could be a possible tax on top of that. Quoting Edwards: "I think it is worthy of consideration," he told a news conference. "We have gone from a record surplus to a record deficit and I think there are some judgments the next president will have to make."
This is a very democractic approach to tax reform. Republicans usually protect big business and the wealthy. They promote equal taxation among all citizens whereas democrats usually see it fit to tax citizens based on their payroll. It seems as though Edwards promise to eliminate the tax cut made by Bush, just because it was made by Bush. So many people have been unhappy with the decisions made by Bush that any alternative would make it sound better than the decisions that have already been made. Any candidate who takes a stab at a policy made by Bush will sound appealing to the public. Especially the war in Iraq and domestic policies he has made. Many seem to forget that the War in Iraq is not the only thing Bush will be remembered for. His policies dealing with domestic issues has also been criticized as very poor and lacking.

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