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Find out who candidates want to pay more taxes
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Oct. 30, 2010 12:02 am
If you want to figure out who Dave Loebsack and Mariannette Miller-Meeks would really work for in Congress, just look at who they think should pay more or less taxes.
Miller-Meeks thinks that corporations, including the banks that brought us the great recession and the companies who outsource American jobs, deserve much lower taxes, She wants to slash the corporate tax rate from 35 percent to 20 percent.
Miller-Meeks would add a trillion dollars to the federal deficit over the next 10 years in order to continue the Bush tax cuts for the richest 2 percent of the population.
Miller-Meeks thinks we should replace existing federal taxes with a national sales tax, which would require a rate of well over 30 percent n everything from prescription drugs to cars and would provide enormous tax savings to the very rich at the expense of higher taxes on the middle class.
Loebsack strongly opposes these tax measures because they are unfair and would worsen the deficit. Instead, he would renew tax cuts for everyone except the wealthiest 2 percent.
Looks like a pretty clear choice to me.
Peter Fisher
Solon
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