John Kerry’s Plan to Create 10 Million Jobs

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John Kerry gets to specifics in his plan to help get the job market flowing again. At least he has a plan. One that you can point to and argue the merits. The Bush platform comes down to the same broken record, “cut taxes for the rich and they will create jobs for the poor.” It doesn’t work that way. And the proof just keeps on coming (Yahoo!).

4 thoughts on “John Kerry’s Plan to Create 10 Million Jobs”

  1. FUNDAMENTALLY REFORM AMERICA’S INTERNATIONAL TAX SYSTEM. John Kerry will fundamentally reform America’s international tax system, eliminating tax breaks for companies that create jobs overseas and using the approximately $12 billion in annual savings to cut the corporate tax rate. Under John Kerry’s plan, more than 99 percent of taxpaying companies will see their taxes go down.

    If the taxes paid by 99% of corporations are going to decline, what spending is going to be cut to lower the deficit? Who is going to pay for the 1 yr. corporate tax holiday?

    How is Kerry’s repeal of the tax cuts for the rich going to
    1)pay for the war in Iraq- while
    2)paying for deficit reduction- while
    3)paying for his beginnings of nationalized health insurance- and now while
    4)cutting corporate tax rates?

    Is this a special, “magical” never-ending supply of money- or is he ever going to admit that his “fiscal responsibility” consists of simply lying through his teeth?

  2. It’s the 1% at the top that’s been getting away with the most grievous corporate welfare goes to.

    Didn’t you know that the top 1% in this country own 33% of it?

    http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf

    Adjusting the tax burden makes sense. That’s the core of what Bush has been doing after all. But they have different ideas on who the burden should be shifted too.

    I’m very happy to have someone argue policy here BTW. If we can both learn something from one another – that would be great.

  4. Kerry plan will reduce tax revenues by more than $617 billion vs. $1240 billion in the President’s plans.

    Looks like the Kerry plan shifts as much burden on those earning over $200000 as it can while leaving the Bush proposed tax cuts for those earning under $200000 alone.

    The Kerry plan is more responsible (less reduction in tax revenue), more fair (forcing those who used to pay more to do so again) and encourages local investment thru tax incentives.

    The Kerry plan is better, but both cause a massive reduction in tax revenues and ultimately shift burden on future generations. One does so far more than the other.

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