From: joec@fid.morgan.com (Joe Collins)
Subject: Re: I will not vote Democratic - here's why.
Organization: None
Date: Fri, 16 Oct 1992 13:11:23 GMT

In article <1992Oct15.131708.1@azcc.arizona.edu> kgirodias@azcc.arizona.edu writes:
>In article <16880F99F.MCMASTER@LSTC2VM.stortek.com>, MCMASTER@LSTC2VM.stortek.com (Jim McMaster) writes:
>> In article <1992Oct14.182613.3469@fid.morgan.com>
>> joec@fid.morgan.com (Joe Collins) writes:
>>  
>>>>>  The ONLY reason Clinton is currently leading in the polls is due to the
>>>>>fact that a majority of Americans believe that under a Clinton
>>>>>administration only the rich will have their taxes raised and through this
>>>>>additional revenue Clinton will revitalize the economy.
>>>
>>>But don't trust him....fellow (democratic) governor Jim Florio certainly
>>>misled us in NJ. When he ran for governor in 1989, candidate Florio said "I see
>>>no reasons to raise taxes". Less than six months later, Florio pushed through
>>>the largest single tax increase (for any state) in the history of our country!
>> ( Lots deleted)
>>>
>>>Joe
>>  
>> Pardon me, Joe, but what the *hell* does Florio's record in New Jersey
>> have to do with Clinton?  Sheesh...
>>  
>> Jim McMaster

Its simple....I want to send a message about tax/spend politicians.

Clinton is being vague on his tax proposals - if he does get specific,
then SOME people will be annoyed. If he is vague, its hard to get annoyed.

Example from PUTTING PEOPLE FIRST (6/21/92): 

     To pay for these investments and reduce our national deficit, I will save
 nearly $300 billion by cutting spending, closing corporate tax loopholes,
 FORCING THE VERY WEALTHY TO PAY THEIR FAIR SHARE OF TAXES, and implementing
 rigorous health care cost control.  My plan will cut the deficit in half
 within four years, and assure that the deficit continues to fall each year
 after that.

What does fair share mean? Who are the very wealthy? Florio is also taxing
the 'wealthy' in NJ. Wealthy to him means any individual making over $35,000
and any family earning over $70,000. Is this what Clinton means too?

Example from the 1992 DEMOCRATIC PLATFORM
          Fairness.  Growth and equity work in tandem.  People
 should share in society's common costs according to their ability
 to pay.  In the last decade, mounting payroll and other taxes
 have fallen disproportionately on the middle class.  We will
 relieve the tax burden on middle class Americans by FORCING THE
 RICH TO PAY THEIR FAIR SHARE.  We will provide long-overdue tax
 relief to families with children.  To broaden opportunity, we
 will support fair lending practices.  


Now Clinton has since said the cutoff is $200,000 but what does that mean?
200,000 per person, per family? Granted, that is a much more wealthy
person than Florio's wacky definition. But how much will tax rates go up?
How much goes to the debt and deficit? He doesn't say - it seems much of
the money will go to new govt programs.

Only Perot has spelled it out in black and white:

 In addition, we should raise the marginal tax rate on the wealthy from 31 to
 33 percent. In 1993, this change would affect individuals who make over
 $55,550 and joint filers who make over a total of $89,250. Therefore, less
 than 4 percent of the taxpayers in America will be affected, but we will raise
 $33 billion in five years. If other reductions proposed here do not provide
 sufficient revenue, we should be prepared to raise the marginal rate to 35
 percent.


In summary, if a politician will not level with me, he won't get my vote.
Clinton has yet to spell it out, just like Florio declined to. 
Fool me once, shame on you but fool me twice and shame on me.

Joe
joec@morgan.com





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