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It's the Philosophy, Stupid (Advancing a Free Society)
Victor Davis Hanson Private Papers ^ | 7/15/2011 | Bruce S. Thorton

Posted on 07/16/2011 6:29:23 AM PDT by JudyM

The Democrats’ position in the negotiations to raise the debt limit and deal with runaway government debt can be summarized in one mantric phrase: the rich must “pay their fair share” in taxes. White House communications director Dan Pfeiffer, for example, said a day before the Obama’s Sunday summit with Congressmen that any deal requires a “balanced approach that asks the very wealthiest and special interests to pay their fair share.” Earlier this year, Illinois Congressman Jan Schakowsky introduced legislation called the Fairness in Taxation Act, which she justified by saying “It’s time for millionaires and billionaires to pay their fair share.” Clearly, the Democrats think this is a winning formula going into the critical 2012 elections, despite the historically verified fact that raising tax rates on top earners will not over time generate more tax revenues.

(Excerpt) Read more at victorhanson.com ...


TOPICS: Culture/Society; Government; News/Current Events; Politics/Elections
KEYWORDS: debt; obama; redistribution; taxes
I do not know why I am surprised to find out that we have a more progressive tax system than Sweden or Norway. Sadly, this is not enough for Obama......
1 posted on 07/16/2011 6:29:26 AM PDT by JudyM
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To: JudyM

The definition of E E O C:

Republican-Equal Employment Opportunity Commission.

Democrat-Equal Economic Outcome Commission.


2 posted on 07/16/2011 8:25:38 AM PDT by GeorgeTex (Obama-Four M President (Mendacious Manchurian Muslim Marxist))
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To: JudyM

Thanks for posting, JudyM. HOORAY Bruce S. Thornton!

(It’s the socialism, stupid!)

DEFUND all socialist collectives, foreign and domestic.


3 posted on 07/16/2011 9:36:32 AM PDT by PGalt
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To: JudyM

Hey! He swiped my tagline! :)


4 posted on 07/16/2011 10:19:29 AM PDT by Ranald S. MacKenzie (It's the philosophy, stupid.)
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