During his 2008 campaign for the Democratic nomination for president, John Edwards introduced a progressive economic platform. Edward's plan for tax reform focused on shifting he tax burden away from the middle class, and eliminating tax breaks for the wealthy.
War on Work
Edwards maintained that the Bush Administration has waged a war on work by increasing the tax burden of the working middle-class, while lowering taxes for the wealthy. To reverse the trend Edwards proposed to increase the tax rate on capital gains, repeal the bush tax cuts and eliminate tax havens for the wealthy.On The Issues: John Edwards on Tax Reform
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John Edwards on Tax Recent News
- Google News: John Edwards Tax
- CBS News: "Edwards Reacts to Economic Stimulus Plan" (January 24, 2008)
- "They give $70 billion of tax breaks to business and do nothing for those who lost their jobs as a result of this economy"
- MSNBC: "Edwards: Tax Hikes on Rich Possible" (April 30, 2007)
- Carolina Journal: "Edwards Home County's Largest" (January 26, 2007)
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Fast Facts
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Admits that his plans would likely require an increase in taxes
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Supports tax cuts for middle class and low income families
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Supported a repeal of Bush Administration tax cuts
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Voted to increase tax deductions for college tuition
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Believes that poverty can be eliminated from America by 2036
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Voted against repealing the Estate Tax
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Voted to reduce the marriage penalty
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"The engine of our economy is not Washington, D.C., or Wall Street. It is the tens of millions of men and women in offices, factories and fields across America who go to work every day trying to do right by their families. When our middle class grows, our whole economy grows."JohnEdwards.com: http://www.johnedwards.com/issues/tax-reform/ Building One Economy With Tax Reform To Reward Work]
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