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A Democratic House
Posted by: Dale Franks on Thursday, October 19, 2006

We've talked a lot on the podcast about what a Democrat-majority House of Representatives might look like. One of the things we've wondered about is whether the Democrats could reign in their senior members who would be looking at powerful chairmanship positions.

A partial answer, perhaps, can be found in this article in the New York Observer, which features Charles Rangel.
Mr. Rangel, clad in a gold tie clip, opal rings and a colorful handkerchief, intends to bring more than a change in style to the chairmanship. Experts in tax policy predict that if the Democrats win, Mr. Rangel will radically change the way the federal government levies America’s wealth.

“He has been waiting a very long time for this,” said Thomas E. Mann, a senior fellow in governance studies at the Brookings Institution. “I’d expect him to have a very active agenda”...

Still, Mr. Rangel—whose power derives from his role as the gatekeeper to most of the government’s tax legislation—is relishing the chance to abolish some of Mr. Bush’s key tax legislation and initiatives.

As Ross Eisenbrey, vice president and policy director of the left-leaning Economic Policy Institute, put it: “If Charlie Rangel doesn’t want it to happen, it won’t happen"...

One area where he is likely to be active is on the alternative minimum tax, which was originally created to ensure contributions to the federal coffers from wealthy Americans who paid little or no taxes due to many deductions. Mr. Rangel wants to readjust the burden to exempt the middle-class families who have come to be burdened by it, and to cover the cost by closing loopholes for corporations who move their headquarters into foreign tax shelters.

“There is not one damn Republican who is going to say that’s fair,” said Mr. Rangel, anticipating the fight he’s going to wind up having.

He also plans to revivify the enforcement abilities of the I.R.S. to bring in billions of uncollected dollars. He intends to demand the insertion of more labor and environmental protections into America’s trade agreements. And he plans to increase the power of the government in negotiating prices for pharmaceutical purchases, and to limit access to the health savings accounts, created by President Bush’s 2003 Medicare bill, which were designed to help Americans put money away for health expenses on a tax-free basis.
Remember when the era of big government was over?

 
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"Remember when the era of big government was over?"

Yeah, before Bush was elected.
 
Written By: timactual
URL: http://
Yeah, that’s a good excuse:
Our hated enemy, who does everything wrong and has ruined everything, is doing it, so we’re going to do it harder and faster.
 
Written By: OrneryWP
URL: http://
Rangel is a hate monger, racist, and marxist. Pure and simple. The only good thing is he is old and therefore the world will soon be quit of him.

Click on my blog to read my article (several posts down) on his hate mongering.
 
Written By: kyle N
URL: http://impudent.blognation.us/blog
And McQ wants Dems to control the House why?
 
Written By: Unknown
URL: http://
adjusting the AMT is a tax cut.

giving Medicare the same power that the VA has is bad because ... ?

prosecuting tax cheats is bad because ... ?

no, he’s not a terribly nice person and he plays the race card way too much. but the policies discussed in the article don’t seem so awful.
 
Written By: Francis
URL: http://

 
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