Posted on 01/14/2015 12:13:59 PM PST by Tolerance Sucks Rocks
House Democrats, fresh off massive election losses, say the problem is they didn’t make a bold enough case for tax increases and wealth transfer to the poor. They rectified that Monday with a speech by Rep. Chris Van Hollen proposing tax increases on the wealthy with the money going straight to tax cuts for the poor and middle class.
The plan uses tax laws to encourage employee wage increases, reduce tax breaks for Wall Street and slap another fee on financial transactions. The government would dole out $1,000 tax credits for most workers and increase a slew of other tax credits for poor and middle-class families.
“This is a plan to grow the paychecks of all, not just the wealth of a few. This proposal attacks the chronic problem of stagnant middle-class incomes from both directions. It promotes bigger paychecks and lets workers keep more of what they earn,” Mr. Van Hollen, the ranking member on the House Budget Committee, said in a speech announcing the plan at the Center for American Progress, a liberal think tank in Washington.
The Maryland Democrat said the proposal would restore balance to a tax code that “is now skewed in favor of people who make money off of money and against those who make money off of work.”
The plan built upon the liberal populism that dominates the Democratic agenda for confronting a Republican-controlled Congress, such as the push to raise the minimum wage and reducing student loan debt. But it went further by offering workers a direct cash payment.
The package of tax measures is all but dead on arrival in Congress. Instead, the document will become the tip of the spear for Democrats taking on the Republican majority and for the party’s White House run next year.
(Excerpt) Read more at washingtontimes.com ...
Combined General and Maryland “Freak State” PING!
What's Obama going to have to say in his SOTU? Not much.
” The Maryland Democrat said the proposal would restore balance to a tax code that “is now skewed in favor of people who make money off of money and against those who make money off of work.” “
Start with this Maryland Democrat.
Please be sure to mark satirical posts as “Satire”.
This is satire, isn’t it?
The Rats are on the side of the Working Man?
Sure. If he happens to be from Mexico. Or maybe Guatemala.
Their mass invasion open borders anarchy will make all these tiny tax rate changes irrelevant.
He's going to restore balance to the tax code? What's he going to do, make the bottom 50% start paying taxes? When it comes to the tax code favoring the "rich," the Dems' lies are so brazen that I don't know whether to laugh at their sheer brazenness or cry that the media refuses to call them on it.
Through taxation?
Yeah... that always works.
I guess, when you're a one-trick pony (tax-and-spend Democrats), you have to just keep doing that one trick.
Too bad we don't have actual Republicans in Congress to thwart them.
I am of the opinion that:
- If you are going to have a progressive tax code based upon a percentage of earnings, then everyone should pay at least 5%, no one should pay more than 25%.
- The current system of tax collection should be replaced
- The federal taxes should be distributed to each state and then each state should decide for itself how to raise the funds to meet their tax bill.
You have to admire the Democrats. They get their behinds handed to them in the last election and they just start making more baloney promises.
“Vote Democrat, and we’ll give you a magic lantern.”
Hasn’t it occurred to them that in order to ‘spread the wealth around’, first someone must have some wealth in the first place?...................
Thanks Vintage Freeper for posting this:
“Today we’re hearing a lot of talk about so-called economic populism. Its advocates claim they are standing up for the average citizen - but what they really stand for is the unbridled growth of the central government and a state-run economy,”
It’s stuff like this that makes it clear that anyone who thinks there is bipartisan support for tax reform is just kidding themselves.
If corrupt Democrats had taken the trouble to actually read the Constitution that they swore to protect and defend before they got themselves elected as federal lawmakers, then they would know the following. They would have discovered that the Founding States did not include a clause in Congress’s constitutional Article I, Section 8-limited powers which grants Congress the specific power to tax and spend for wealth redistribution purposes.
In other words, DC Democrats should have gotten themselves elected as state lawmakers so that they could use 10th Amendment-protected state powers to experiment with wealth redistribution with the consent of their state’s legal majority voters.
In fact, since the states have never amended the Constitution to expressly protect the right of welfare recipients to vote, only non-welfare voters in a given state should be able to give their consent to establish a state wealth redistribution program imo.
He will do what he ALWAYS does... point out the problems and blame ____________________ fill in the blank.
There is a precedent to stop this. Davy Crockett “Not Yours To Give” on constitutional authority
Written form:
http://www.constitution.org/cons/crockett.htm
Video:
http://www.youtube.com/watch?v=uoEJ-D2bgc0
Fascists double down!
“double down” us soooo 2014.
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