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Old 10-16-2006, 11:24 AM
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Default The Demo Platform

Oh, you won't hear any demos openly espousing their real views, but on taxes, we know what they actually are:

"Failure to sustain the tax cuts would have real impact on people's lives. As the Heritage Foundation reported, the Rangel position would have the following results:

Tax rates will rise substantially in each tax bracket, some by 450 basis points;

Low-income taxpayers will see the 10-percent tax bracket disappear, and they will have to pay taxes at the 15-percent rate;

Married taxpayers will see the marriage penalty return;

Taxpayers with children will lose 50 percent of their child tax credits;

Taxes on dividends will increase beginning on Jan. 1, 2009;

Taxes on capital gains will increase, also beginning on Jan. 1, 2009; and

Federal death taxes will come back to life in 2011, after fading down to nothing in 2010."

Yup, demos never met a tax increase they didn't support.
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