payroll tax cut! payroll tax cut!
We've been hammering on this theme for months here at Dean Nation - a payroll tax cut would be a major political and economic coup. Now, comes the first tantalizing hint that the campaign has indeed been listening. The link above goes to a length WaPo article which closes with this stunner drop mention:
Keep your eyes on this one carefully, everyone. If this gets absorbed into the campaign policy proposals, it will shift the entire debate profoundly to the left to the advantage of Dean and the Democrats in general.
Of course, a payroll tax cut is only one third of what is needed. Dean has already proposed a plan for health care, which is another third. But the fial and missing plank is an ambitious anti-poverty agenda, which neither of the other two issues really go any distance towards addressing. Something like wage subsidies...
A top aide said Dean is considering a tax reform plan for the general election that includes a reduction in payroll taxes. If Dean rolls out such a plan, it could offset what many strategists see as a big liability: his support of what amounts to a nearly $2 trillion tax increase by calling for a repeal of Bush's tax cuts.
Keep your eyes on this one carefully, everyone. If this gets absorbed into the campaign policy proposals, it will shift the entire debate profoundly to the left to the advantage of Dean and the Democrats in general.
Of course, a payroll tax cut is only one third of what is needed. Dean has already proposed a plan for health care, which is another third. But the fial and missing plank is an ambitious anti-poverty agenda, which neither of the other two issues really go any distance towards addressing. Something like wage subsidies...
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