Wednesday, August 1, 2012

Waxman the Taxman: Abbreviated

Henry Waxman has consistently voted against tax relief for the struggling middle class in this country. For over a decade, the long list of tax cut proposals have met stiff opposition from one of the most oppositional members of Congress. For a number of bills, he voted against a sizable minority and even a majority of his Democrat caucus. Waxman is a marginal politician who opposes many bills which will keep the American people's money in their hands.

In 2000, Waxman voted against eliminating the Death Tax and Marriage Tax.

Waxman has a penchant for taxes on everything, even the important rites of passage like Marriage and death. Would he also impinge on births, baptisms, and bar mitzvahs?

Waxman voted against Death Tax Elimination Act of  2001, even though one fourth of the Democratic caucus supported the bill.

Two sure things in this life: death and taxes, and Waxman is ensuring that this country has a lot of the latter.

He voted against the Economic Growth and Tax Relief Reconciliation Act of 2001, which included a phased-in reduction in income tax rates and an eventual repeal of the estate tax.

In 2004, the house voted on a bill to fix the marriage penalty tax. The bill increased the standard deduction for married taxpayers. The bill got wide bipartisan support, yet Henry Waxman voted against ending the marriage penalty.

 Holy matrimony should not leave a hole in a married couple's wallet, purse, or bank account. Our Congressional representatives should understand this, but Waxman apparently does not.

Waxman opposed the bipartisan American Jobs Creation Act of 2004, which allowed individuals to claim a deduction for state and local sales taxes paid, in lieu of deducting state income taxes. It also increased tax credits for foreign investment abroad and increased the expensing provisions for corporations.

Waxman the Taxman opposed tax cuts for job relief, a hyper-partisan habit once again out of step with both parties in Congress.

Henry Waxman voted against the Working Families Tax Relief Act of 2004. Even with wide support for this measure, Waxman said "No!" I wonder how many working families in the West LA region and the Santa Monica Bay would have benefited from this tax write off?

Waxman voted against the Tax Increase Prevention and Reconciliation Act of 2005, an extension of previously lowered dividend income and capital gains through 2010, and made an increase to the AMT exemption. It also eliminated income restrictions for converting traditional IRAs to Roth IRAs. The bill passed in a 234-197 vote with the support of both parties.

Henry Waxman voted against the Tax Relief and Health Care Act of 2006, which contained tax cut extensions for house improvements, state and local sales tax exemptions, and a provision for health savings accounts.

If Mr. Waxman really wanted to improve health care access in this country, why did he vote down a provision permitting consumers to purchase health savings accounts? The initiative for individuals to invest in their own health, and maintain the fund as a tax credit would help control costs without taxes or rationing.

Henry Waxman voted against the Pension Protection Act of 2006, which allows higher contributions to IRAs. The bill got wide support from both parties. Congressman Waxman has demonstrated such a stiff resistance to easing the tax burden on Americans, that much of the time he even votes against his own Democratic caucus!

The residents of the 33rd Congressional District command a great deal of wealth and investment. The aerospace industry and small businesses throughout the South Bay cannot afford to send to Congress a politician who never met a tax increase he never liked and who has yet to meet any tax relief which he has not rejected.

Congressman Waxman would be out of a job if he endorsed any tax breaks for the American people, apparently. Waxman is a taxing choice not worth the taking

No More Taxes -- No More Waxman -- Retire the Taxman November 6, 2012!

Bill Bloomfield for the 33rd!

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