With Democrats like these, who needs Republicans?...

[Postman]

http://rawstory.com/news/2007/Liberal_Democrat_introduces_tax_plan_Cut_1025.html

Democrats' tax plan: Cut corporate tax by 5 percent, hike taxes 4 percent on families earning $200,000 or more

[sicksicksick_N_tired]

1. I wish: we could just call them "representatives" and get rid of the "D" and "R".

Maybe, THEN, we would ALL HAVE A CHANCE at sorting out the bad apples from the good ones.

'jus sayin. :shrug:

[cali]

2. hoo boy

that's just awful.

[Perry Logan]

3. The Republicans hate the bill, so I guess the headline is wrong.

Republicans quickly voiced strong opposition to the long-term plan. "This is the largest individual income tax increase in history," Rep. Jim McCrery of Louisiana, Rangel's low-key GOP counterpart on the committee, wrote fellow Republicans.

[brentspeak]

4. You -- and RAW Story's own headline writer -- need to read the article

"That would be offset by applying a replacement tax of 4 percent of married couple income above a certain level, not to be less than $200,000. The tax would be 4.6 percent on income in excess of $500,000, or $250,000 in the case of a single taxpayer. High-income individuals would see a limitation on itemized deductions and a phase-out of deductions for personal exemptions, raising $29 billion over 10 years."

You also, amazingly enough, forgot to mention the key point of the proposal: repeal of the alternative minimum tax:

"In laying out the plan that would effectively rewrite many of the tax policies put in place under Republican control of Congress, Rep. Charles Rangel (D-NY) said the changes would bring a net tax reduction to almost all families with incomes under $500,000 and that some 91 million families would receive tax relief."

[MoonRiver]

5. Yes, repealing the AMT is a necessity.

And they have to shuffle the tax base around to do it. I don't get the OP's problem with this tax proposal. It certainly seems much fairer than the tax break give away to the ultra rich and corporations we have now.

[Postman]

6. My bad. I reacted to the headline....

after actually reading the article it DOES seem to be a move in the right direction.