Democratic Candidates - Where They Stand - 1
"Now my advice for those who die,
Declare the pennies on your eyes"
- George Harrison
Electability - schmecktability! Give me a magazine rack cuz baby, I got issues!
Here we go - straight from the horses mouth (uh... website) Waving Alien takes a look at the democratic candidates and where they stand. Let's start with taxes.TAXES
Wesley Clark
- Close corporate loopholes that give companies tax breaks for moving their headquarters and revenue overseas, repeal Bush's tax cuts.
- Provide $ 33 billion annually in tax relief for working families- paid for by a 5 percentage point increase in the tax rate only on income over $ 1 million per year
- Married couples with two children making $50,000. would get a $1,583.00 tax break.
- Married couple wth three children both earning the minimum wage, or $21,000.00 annually would get a $2, 287.00 tax break.
- Married couple with 2 children making $85,000.00 would get a $975.00 tax break.
- Single mother raising one child on $30,000.00 a year would get a $793.00 tax break.
- 31 million working families - typical tax relief - $1,477.00
Howard Dean
- Repeal the Bush tax cuts and return the tax code to rates that were in effect during the Clinton-Gore Administration.
- Crack down on unfair tax subsidies, shelters and loopholes.
- Impose hefty fines and ban practice before government agencies by lawyers and accountants who certify abusive tax shelters.
- Provide the Internal Revenue Service with the funds it needs to do their job.
- Greater tax fairness for middle class working families.
John Edwards
- Offer a matching tax credit of up to $5,000.00 to those who need it for a down payment on a house.
- Cut capital gains taxes for 95% of Americans by creating a $1,000.00 exclusion from capital gains taxes and a $500.00 dividend exclusion.
- Lower long term capital gains for middle class families.
- Match $1.00 in private savings with a $1.00 refundable tax credit for savings up to a$1,000.00 for Americans with incomes up to $50,000.00.
- Repeal Bush's tax cuts and retain taxes on large estates.
John Kerry
- Repeal Bush tax cuts for wealtiest Americans but keep middle class tax cuts.
- New tax breaks on health care and college tuition.
If any of the candidates seem a little "light" on some of the issues -
that's because...they are a little light on some of the issues. Not my fault... check it out for yourself. Tomorrow - Job Creation.

