http://ap.tbo.com/ap/breaking/MGAAL1OGQLD.htmlOct 13, 2003
Lieberman Proposes Raising Taxes on Wealthy
By Ron Fournier the Associated Press
WASHINGTON (AP) - Democrat Joe Lieberman, hoping to jump-start his presidential campaign with a fresh attack on White House policy, is promising to ensure that upper-income Americans pay more taxes than they did before President Bush's record-breaking tax cuts. As part of what the Connecticut senator calls a major tax reform package, he also would adjust income tax rates to lower the burden on middle-class Americans, many of whom already received cuts under Bush's policies.... Lieberman believes he can cut the deficit every year he's in office and balance the budget by the end of his second term... Lieberman is contrasting his reputation for moral certitude -he was a leading Democratic critic of President Clinton's affair with Monica Lewinsky - with what he says is the Bush's failure to keep promises...Bush has been less than honest with Americans about Iraq, the environment, the federal deficit, education and the economy. A supporter of Bush's war resolution, Lieberman said Iraq is now "teetering on the brink." <snip>
Under his plan, a married couple earning $50,000 annually would save up to $1,000, he said. Lieberman would do that by changing income tax brackets. He also would reverse Bush-backed tax breaks given to people earning more than $200,000 annually - and impose a limited surtax on them. The surtax, which campaign officials did not detail, would ensure that the wealthy do not benefit from the rate changes.
Lieberman's rivals want to repeal Bush's tax cuts for wealthy Americans, with most setting the bar at people exceeding $200,000. Two candidates, Howard Dean and Dick Gephardt, want to repeal all of Bush's tax cuts, including those benefiting middle-class Americans.<snip>
The tour will highlight Lieberman's proposals on scores of issues, including corporate responsibility, energy, health care, the environment and fiscal discipline. Most of the proposals were previously unveiled, but the senator is tying them together under a broad challenge to Bush's integrity - calling the broad package "a blueprint for better days."