There Is No End To Democrats’ Lust For Your Money
May 14th, 2008 09:36:00 Drudge has a link to this revolting story which showcases, once again, how Democrats lust for your money. Dems in the House are proposing a “millionaire tax” on those evil, wicked, filthy “rich” people. It’s only on those “rich” and not “working people,” of course, since “rich” people don’t actually, you know, work. The telling bit in the story is this
“What we’re talking about is a one-half percent income tax surcharge on incomes above $1 million,” said Rep. Mike Ross, D-Ark., a leader of the Blue Dog group. “So someone who earns $2 million a year would pay $5,000. … They’re not going to miss it.”
It’s called “incrementalism,” and it’s where those jackasses in Congress get things passed a little at a time. It’s also called “class warfare” where they get “working people” to hate those evil, wicked, “rich” people in order to pass their agenda. “They’re not going to miss it,” eh? Who the hell are you to decide how much I will miss? What if Mr. Mike Ross thinks that somebody wouldn’t “miss” $100,000? Does that make it OK for Mr. Mike Ross to just take it? I mean, that’s only 10%, who would miss that? And for the poor schmuck making $2 million a year, it’s only 5%! What a deal!
There’s also this
Still, the development allows House Democrats to keep promises to adhere to pay-as-you-go budget rules that were a top campaign plank in 2006.
It would never occur to a Democrat to cut spending in another area in order to offset new spending. The knee-jerk reaction of a Democrat is to raise taxes on those evil “rich” people since, “they’re not going to miss it.” (In fairness, the knee-jerk reaction of Republicans seems to be to just not worry about where the money is going to come from for their new spending, which isn’t any better from a fiscal perspective.)
Also notice that the $1 million limit is only for couples. If you’re single, the tax would kick in at $500,000. That doesn’t exactly sound “rich” to me.
Tags: politics