QUOTE (Kat @ Jun 25 2008, 1:03 pm)

I should clarify that the list of Bush Democrats are not just democrats that occasionally agreed with the Republicans, but those who
voted to give George Bush another $163 billion to occupy Iraq and plunder its oil for another year, even though 68% of Americans want to bring our troops safely home this year, and voted to give immunity to George Bush and the telecoms for illegally wiretapping American citizens even before 9/11, and to allow Bush and the telecoms to keep doing it - thereby shredding the Fourth Amendment to the Constitution.
By all means, Democrats should cooperate with Republicans where it does good and represents the will of the voters. This is just plain corruption.
Kat, you listed over 25% of the House Democrats. Without them you can't pass legislation at all. A better strategy for you would seem to be to focus on electing more Democrats to the Senate in order to get closer to a filibuster-proof majority.
As for this fabled "plundering of Iraqi oil" where is the evidence for it? Evidence that there was a policy of illegal wiretapping of US citizens by the Bush Administration prior to Sept. 11, 2001 is...?
You also seem to have a poor understanding of what FISA is, including the updated versions.
QUOTE (Villager @ Jun 25 2008, 1:09 pm)

Listen, you can be simplistic and claim that lower taxes on the high income bracket will improve investment
or we can try to deal with the distortionary aspects of the US tax code, and agree to increase revenue, simplify the tax code, and improve future growth prospects all around. However, such a proposal is too complex to deal with within the circus that is the electoral debate. At least Obama has put some realistic options on the table (jokes about the donut tax aside) that will increase revenue. There is certainly lost of scope for reducing special-interest tax breaks, and even a libertarian such as Conq will agree that taxes generally distort price signals much more than direct transfers, since tax breaks often camoflauge incentives in silly political compromises.
Rather than have industries invest significant amounts of money in lobbyists to push through increasingly complex tax breaks, a simplified tax code can incentivize future growth by reducing the uncertainty. A new administration, with an incentive to implement new ideas, is much more likely to take a step in the right direction than simply prolonging the agony under McCain and all the inherited political liabilities. Obama's exposure to behavioural economics when he was in Chicago, and his economics advisors, all portend for a market-friendly approach which is beyond the understanding of the ideologues on both sides of the past culture wars.
I actually have capital gains taxes in mind, Villager, and you already know that I heartily support a simplification of the tax code. I didn't mention a permanent fix for the AMT in the above post, but that is an absolute necessity. Special-interest tax breaks and subsidies are very much a bipartisan problem (
cough Obama and ethanol subsidies).
There obviously will be no be a income tax cut at the upper levels, but if those folks are already going to be hit with a 6.2% Social Security tax rate above $102,000 or $200,000 next year, don't you think raising income taxes and capital gains taxes on this group is a serious disincentive for those who want to start and operate small businesses? Given the need to raise savings rates, increasing cap gains taxes is foolish, especially where it will hit small savers, who, frankly, should be able to save and invest up to a certain level without paying any taxes at all given the ravages of inflation and the fact the money they save has already been subjected to income taxes.
I hope you are correct about Obama's inclination to be market-friendly, but let's not forget that fiscal and tax legislation starts in the House of Representatives, thus it's not only up to him, plus he's made it clear he wants to allocate a lot of money on discretional spending if he does get to the White House. Obama doesn't have some magic formula unavailable to others- nothing like that exists.