The problem is they claim they're just going after "the rich" but history has shown that never works. First of all, let's label "the rich" more accurately. They're the employer class. They're the class that builds factories, starts companies, and employs people. Attacking the capital reserves of the employer class results in less capital investment. Less jobs. It always has. It always will. Funny thing, the "other side" decries the employer class for possessing 40% of the wealth. Ok, they possess 40% of the wealth but they also provide 90% of the revenue to the government in the form of taxes. It seems they're already getting hosed. Can any other group in America claim a wealth/tax ratio like that? No. There are literally millions of people who make money and contribute 0% of the revenue.
On Oct 26, 10:38 pm, Travis <[email protected]> wrote: > ** > New post on *Scotty Starnes's Blog* > <http://scottystarnes.wordpress.com/author/scottystarnes/> Democrats > Propose Trillions in Tax Hikes to Continue Their Spending > Spree<http://scottystarnes.wordpress.com/2011/10/26/democrats-propose-trill...>by > Scotty Starnes <http://scottystarnes.wordpress.com/author/scottystarnes/> > > Yes. The word is trillions. Instead of ending their spending spree that has > already caused one credit downgrade on top of another looming downgrade, > Democrats want to raise taxes by the TRILLIONS. > > The > Hill<http://thehill.com/blogs/on-the-money/budget/189845-supercommittee-he...>reports: > > Democrats on the congressional supercommittee this week presented > Republicans with a plan to cut the deficit that included billions of dollars > in stimulus spending, aides told The Hill. > > In a private meeting of the deficit panel Tuesday, Sen. Max Baucus > (D-Mont.), chairman of the Senate Finance Committee, presented a proposal > backed by a majority of Democrats on the panel that *includes more than a > trillion dollars in tax increases*. The revenue would partially cover > stimulus spending for the economy, aides said. > > *More than 50 percent of the deficit reduction in the plan would come from > tax increases*, one source said. > > Basically the Democrats will continue to spend. Where is their budget for > the past two years? Where is their plan to cut their spending by 50%, > instead of raising taxes on Americans? That's tax and spend liberals for > you. > > The plan from Democrats approaches the $3 trillion in deficit reduction that > was included in the "grand bargain" that lawmakers debated over the summer. > > Paul Ryan had a plan that cut $4 trillion and the Senate Democrats voted it > down. Remember Cut, Cap and Balance? This move by the Democrats is just > political. Like Obama, they know Republicans want to cut spending and will > vote against raising taxes to continue this Democratic spending spree. > > Continue > reading>>><http://thehill.com/blogs/on-the-money/budget/189845-supercommittee-he...> > *Scotty Starnes > <http://scottystarnes.wordpress.com/author/scottystarnes/>*| October > 26, 2011 at 7:59 PM | Tags: deficit > reduction <http://scottystarnes.wordpress.com/?tag=deficit-reduction>, > Democrats <http://scottystarnes.wordpress.com/?tag=democrats>, tax > hikes<http://scottystarnes.wordpress.com/?tag=tax-hikes>| Categories: > Political > Issues <http://scottystarnes.wordpress.com/?cat=35145> | > URL:http://wp.me/pvnFC-614 > > > Comment<http://scottystarnes.wordpress.com/2011/10/26/democrats-propose-trill...> > See all > comments<http://scottystarnes.wordpress.com/2011/10/26/democrats-propose-trill...> > > Unsubscribe or change your email settings at Manage > Subscriptions<http://subscribe.wordpress.com/?key=49883164090367a8ae3126d288a16eee&;...>. > > *Trouble clicking?* Copy and paste this URL into your > browser:http://scottystarnes.wordpress.com/2011/10/26/democrats-propose-trill... > Thanks for flying with WordPress.com <http://wordpress.com/> -- Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
