I listened to Boehner yesterday, and I think he did OK.
He said that Obama has been saying he wants to tax millionaires and billionaires, so Boehner said he agreed to taxing millionaires and above.
Personally, I think it was necessary and shrewd use of the media, and it shielded almost everyone included in the Bush tax cuts. (If I had my druthers, I’d raise taxes to 1% on everyone not now paying income tax, even if they do pay payroll taxes, because everyone should have some skin in the game.)
I think under Boehner’s plan that 99.3% of Americans get to keep their Bush tax cuts.
Ideally, we’d get rid of all income taxes and go to the Fair Tax, but it doesn’t look like that dream is gonna happen in my lifetime.
Democrats all the time: “Tax the rich!”
Republican Plan B: “Tax the rich!”
What’s the difference?
I think we need to introduce a 30% surtax on income earned by actors in movies and television. This would be over and above any regular income tax that these people have to pay. Since they almost universally complain that they don’t pay enough taxes, lets give them their wish.
If that works then we can institute the same surtax on editorial writers for newspapers with subscriptions over one million.
Also make it a policy that if anyone publicly complains that they don’t think they pay enough in taxes, that they be automatically subject to a full IRS audit.