David McReynolds on Tax Reform
Reverse Bush's tax cuts for the superrich
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McReynold's 15-point plan includes:Introduce radical reform of the tax structure. - Reverse Bush's tax cuts for the superrich.
- Restore federal income taxation to the 1979 level.
- Increase taxes on the large corporations.
Source: Campaign website, mcreynoldsforsenate.org, "15 Point Plan"
Sep 29, 2004
Keep progressive income tax; drop marriage penalty
McReynolds makes the following statements regarding taxes:- Does NOT support replacing the income tax structure with a flat income tax
- Does NOT support a national sales tax
- DOES support that a married couple filing jointly should pay the
same taxes as if they were an unmarried couple filing separately
- Does NOT support requiring a super-majority vote in Congress to raise taxes
- Does NOT support cutting taxes and using Social Security surpluses to supplement the difference.
Source: Vote-Smart.org NPAT questionnaire
May 2, 2000
More progressive taxation; especially on runaway industry
We call for a steeply graduated income tax, and a maximum income of no more than ten times the minimum. We call for full disclosure of corporate plans to close and relocate plants, a punitive tax on runaway industry, and compensation
for the workers and communities affected by plant closings.
We support a single-payer National Health Program, publicly funded through progressive taxation, and controlled by democratically elected local boards.
Source: Socialist Party Platform
Jan 1, 2000