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Kerry's Economic Remedy Won't Be Revealed Before Election
CNSNEWS.com ^ | 7/30/04 | Nathan Burchfiel

Posted on 07/30/2004 6:26:12 PM PDT by kattracks

(CNSNews.com) - A top economic advisor to Democratic presidential nominee John Kerry said the public won't hear Kerry's financial plans until after he's elected - if he's elected.

In the Aug. 2 cover story of "Business Week," former Clinton administration treasury secretary Robert Rubin said, "I don't think you can make proposals to try to dig out of this hole until you've gotten elected ... If you start to put out proposals now, they would be vigorously attacked and they would in effect become tainted so they couldn't be used."

The conservative group Americans for Tax Reform (ATR) stated that Kerry is trying to avoid revealing his plan to increase taxes on the middle-class because it would create a campaign liability if he did.

In a release, the group stated that Kerry's plan to roll back President Bush's tax cuts for the top earners "will yield him only $40 to $60 billion per year, far below the more than $200 billion of new spending commitments he has promised to special interests who feed off of American taxpayers."

"In other words," ATR stated, "if Kerry is elected, middle-class tax increases are coming."

Dan Clifton, chief economist for ATR, said the Kerry strategy relies on deception. "The idea is just say, 'Only the rich are going to get taxed,' [and] run out the clock on the campaign. Once they get in, they'll develop a crisis and say 'we've got to raise taxes on everybody.'"

If, as a presidential candidate, "you have something up your sleeve, you should let us know," Clifton said. Rubin's comments, furthermore, "made it very clear that they (the Kerry campaign) have something up their sleeve."

According to Clifton, Kerry's plan could include raising the gasoline tax which the Democrat has proposed in the past, raising the tax rates on the top one, two or three tax brackets, raising the capital gains tax and more.

"There are a number of things that they can do once they get in," Clifton said. "They're just not giving an indication to any of us what they're doing."

Clifton said Kerry's campaign promise not to raise taxes on the middle-class echoes the promises former president Bill Clinton made in his first Democratic National Convention speech as a presidential hopeful in 1992..

Clinton promised that "the wealthy" would be asked to pay their "fair share" and the taxes on middle-class families would not increase, but "Clinton and Kerry imposed the largest tax increase on middle class families," ATR stated.

The group pointed out that Kerry voted in favor of Clinton's tax increases while he served in the U.S. Senate.

Repeated calls to the Kerry campaign office seeking comment for this article were not answered.



TOPICS: Breaking News; News/Current Events; Politics/Elections
KEYWORDS: atr; kerry; kerryeconomics; taxincrease
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1 posted on 07/30/2004 6:26:14 PM PDT by kattracks
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To: kattracks
"I don't think you can make proposals to try to dig out of this hole until you've gotten elected ... If you start to put out proposals now, they would be vigorously attacked and they would in effect become tainted so they couldn't be used."

What?

2 posted on 07/30/2004 6:27:26 PM PDT by BenLurkin ("A republic, if we can revive it")
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To: kattracks
Ya gotta trust me people. Hope is on the way


3 posted on 07/30/2004 6:28:31 PM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say it)
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To: kattracks

"Kerry's Economic Remedy Won't Be Revealed Before Election"

And you were expecting......????????


4 posted on 07/30/2004 6:28:54 PM PDT by ButThreeLeftsDo
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To: BenLurkin
"I've got a secret..........neener, neener, neener".

On the other hand, if he had a solution, how can he withhold it at any point and be considered anything but a traitor.

5 posted on 07/30/2004 6:29:12 PM PDT by johniegrad
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To: BenLurkin
A top economic advisor to Democratic presidential nominee John Kerry said the public won't hear Kerry's financial plans until after he's elected - if he's elected.

A sure sign he doesn't know what he wants to do yet.

6 posted on 07/30/2004 6:29:47 PM PDT by gilliam
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To: kattracks
Rubin's the genius who peddled the notion that you confiscate the wealth of the investor class so that deficits decrease, leading to lower interest rates (no historical evidence of this relationship exists) making it easier for the investor class to borrow their money back to invest (apparently, you need to be some sort of Ivy League "genius" to grasp the "logic").

None of this happened in the '90's, but, true to form, the Clintonistas took credit for it anyhow ...

7 posted on 07/30/2004 6:30:50 PM PDT by Mr. Buzzcut
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To: kattracks
Why aren't we surprised at this?

Is this called "nuance"?

8 posted on 07/30/2004 6:31:18 PM PDT by NavySEAL F-16 ("proud to be a Reagan Republican")
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To: kattracks

That's cause Kerry's planning on confiscating all the $$$$ from the pockets of the middle class...;) If we knew we wouldn't elect him now would we?


9 posted on 07/30/2004 6:31:18 PM PDT by madison10
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To: kattracks

Kerry has got to be joking! What an ass!

He wants people to vote for him, but he won't tell them anything about what he's going to do. That's liberal arrogance taken to its logical end.

The Republicians have GOT to use this against Kerry.


10 posted on 07/30/2004 6:32:13 PM PDT by Noachian (Judicial legislation without the consent of the people is tyranny)
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To: gilliam

You want Kerry to actually tell you what he'd do if elected???

Oh, there you republicans go with the hate speech....politics of personal destruction....running from the issues....hamsters....

(eyes roll)


11 posted on 07/30/2004 6:32:20 PM PDT by Darkwolf377
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To: kattracks
... Robert Rubin said, "I don't think you can make proposals to try to dig out of this hole until you've gotten elected ... If you start to put out proposals now, they would be vigorously attacked and they would in effect become tainted so they couldn't be used."

Oh bullcrap. They're afraid if they actually come up with something good that Bush will implement it.

12 posted on 07/30/2004 6:32:35 PM PDT by NonValueAdded ("I actually was going to throw like a man before I threw like a girl." JFK 7/25/2004)
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To: kattracks
Two words...

More Taxes!

That is the Kerry solution that cannot be announced pre-election.

13 posted on 07/30/2004 6:33:10 PM PDT by SamAdams76 (I never had the makings of a varsity athlete)
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To: ButThreeLeftsDo

"And you were expecting......????????"

Wealth...Fame...and within a year after Kerry wins...does this mean it's going to take longer?


14 posted on 07/30/2004 6:34:23 PM PDT by Hotdog
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To: kattracks

I think we're onto something here. Kerry plans to raise taxes on the middle class. Why are we not surprised? Because Hill has already informed us the Bush tax breaks are going bye bye and she's going to take away some other things 'for the common good'. Uh, but not 'her' things, of course, just yours and mine.


15 posted on 07/30/2004 6:34:29 PM PDT by hershey
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To: kattracks

Isn't that just like a DemocRAT! I won't tell you what I'm gonna do until AFTER I'm elected. BWA HAHAHAHAHAHAHAHAHAHA! Kerry says trust me. BWA HAHAHAHAHAHAHAHAHAHAHA!


16 posted on 07/30/2004 6:35:03 PM PDT by teletech (Friends don't let friends vote DemocRAT!)
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To: kattracks; All

kerry....goodbye capitolism, hello socialism....ultimately leading to communism.


17 posted on 07/30/2004 6:35:54 PM PDT by Defender2 (Defending Our Bill of Rights, Our Constitution, Our Country and Our Freedom!!!!)
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To: Hotdog

I have a plan for a time machine and an infinite energy generator.

I'll release the plans only after Bush is re-elected.


18 posted on 07/30/2004 6:36:13 PM PDT by Bogey78O (Kerry lied and if elected people will die.)
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To: kattracks

The tax increases will be announced after Election Day. These guys have a low estimate of the intelligence of the American people.


19 posted on 07/30/2004 6:37:25 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: kattracks
Kerry has a secret plan to end the war on the middle class, with Americanization of jobs... where have we heard similar rhetoric?

Oh, yeah, Richard Nixon, with his secret plan and Vietnamization.

20 posted on 07/30/2004 6:37:31 PM PDT by xm177e2 (Stalinists, Maoists, Ba'athists, Pacifists: Why are they always on the same side?)
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