Martha Coakley on Tax Reform



Bush tax cuts favor wealthy Americans

Does not favor continuing the Bush tax cuts, which she says favor wealthy Americans. She has proposed a tax-relief plan for middle-class Americans and small businesses. She doesn't support a Democratic proposal to tax the most expensive health care plans to help pay for new coverage.
Source: Nancy Reardon, Quincy Patriot-Ledger: 2010 MA Senate debate , Jan 14, 2010

AdWatch: Get taxes up from more employment, not tax increase

American Future Fund's advertisement for Scott Brown claims that Coakley will raise taxes. According to the ad, "Coakley says, quote, 'We need to get taxes up.' " Coakley, in a debate with other Democratic primary candidates at Suffolk Univ. Law School on Nov. 30, did speak those words in a much lengthier response to a student's question about the deficit. But Coakley says she was referring to getting tax revenues up through putting people back to work, not to raising tax rates or imposing new levies. Here's what she said:

"We do need to get out of this recession, also. And that requires, I think, looking at a couple of things. There's no magic bullet to this. We need to get people back to work, we need to get taxes up, and we'll start to chip away at that deficit."

The Boston Globe sided with Coakley on this, saying in a news story that her words were being taken out of context and that she actually "seemed to suggest that the economy needed to improve so that tax collections would rise."

Source: FactCheck "Bay State Battle": 2010 MA Senate debate AdWatch , Jan 13, 2010

Extend Bush tax cuts for the lowest four tax brackets

Source: Lowell Sun on 2010 MA Senate debate , Jan 8, 2010

Some taxes are investments like for infrastructure & schools

Coakley has said she views some taxes as investments needed to pay for things such as infrastructure and schools. She is not completely averse to cutting taxes, however, particularly those for the lower and middle classes. She does support letting the Bush tax cuts from 2001 and 2003 expire for the wealthiest 2 percent of Americans earning more than $250,000 a year.
Source: Lowell Sun on 2010 MA Senate debate , Jan 8, 2010

Consider a war tax to pay for Afghanistan surge

Alan Khazei kicked off the primary campaign's final debate by saying he would support a special levy to fund the 30,000-troop buildup in Afghanistan outlined by Pres. Obama.

Martha Coakley also said she would consider it, but Rep. Michael Capuano said he would not. "I would vote for a tax for a moral war, if I thought it was right," said Capuano. "I will not vote, not only for taxes, I will not vote for funding for this surge, either, as I have not voted for the funding in Iraq, either."

Source: WBZ-TV on 2009 MA Senate Debate , Dec 2, 2009

Other candidates on Tax Reform: Martha Coakley on other issues:
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Bill Weld
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Dan Wolf
Deval Patrick
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Jay Gonzalez
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