Posted on 07/19/2011 2:22:26 PM PDT by MissesBush
Am I the only one who's had it about 25 feet over my head with the Democrat and media double speak of referring to tax hikes as "new revenue?" Just today I heard on ABC's radio news broadcast Ann Compton refer to this feckless Gang of Six proposal as "increasing revenue." Politico reporting on Obama's latest bull fest dressed up as a press conference said the following "Obama urged congressional leaders to embrace the “Gang of Six” proposal, which would slash the deficit by $3.7 trillion over 10 years, in part by raising about $1 trillion in new revenue."
Why in the media are spending cuts, spending cuts. But tax hikes are now "new revenues" as if we've done something creative and turned more people into taxpayers rather than tax dependents by growing the economy, rather than styming it further with more and more taxation. Why the need to sanitize the matter and to take an objective term like "tax increases" and to morph it into a decidely subjective term like "revenue increases?" Obama went so far the other day as to even remove "new" to refer to them merely as "revenues," as if they're a merely organic source of money rather than being an intentional act to drain more money from the productive.
Maybe my focus should be less on the language being used and more on the folly of raising taxes by $100 billion a year in a slow growth, no job growth, high unemployment economy while cutting budgets only $270 billion a year while running deficits of $1.5 trillion a year--deficits caused by spending, not too little taxation.
I think it's important to get our arms around the fact we have Obama and the Democrats using very deliberate and deceptive terms to describe tax hikes, making them seem so much more benign by labeling them revenue increases rather than what they are--siphoning yet more money out of a private sector being badly sidelined by government policies to put it into the pockets of people like Obama, Pelosi and Reid who have never shown any willingness to cut spending. We've been played as suckers by this before. The Gang of Six wants to go down this road a third time. Sorry, that road will only lead to your next primary where real conservatives will rise to challenge you and put you out of your places.
But even more disturbing than Democrats being so willing to pull the wool over the public's eyes with this "new revenue" language--we expect this, it's what Democrats do best--is the media's willingness and readiness to parrot the "revenue" talking point to help the Democrats in their intentional efforts to deceive the American voter and to make them see tax hikes as something we should all embrace--"new revenues" created not by economic growth, but by taking more from those who could create that economic growth so noticeably absent in the Obama economy. Oh and before I forget, today's 202 point increase in the Dow according to the same news media is because of the Gang of Six sell out, not a better housing report or some strong earnings reports. No, a sell out that has no chance of ever passing the House or even the Senate is the reason the Dow is up according to the unerringly unbiased news media.
But back to this abuse of language. Such is particularly pernicious when one understands raising taxes far from creating "new revenues" will cause the economy to contract further and thus tax revenue to further decline. Indeed, as Democrats uncharitably accuse Republicans of intentionally trying to tank the US economy ahead of next year's elections by trying to bring on a default on the US debt (one that would need never occur even if the debt ceiling isn't hiked but by an intentional act by the Obama administration) it should be stated that if Republicans truly wanted to sabotage the economy they'd give Obama all he wants on tax hikes and more--indeed, they'd go along with Obama's entire agenda including adding muscle to Obamacare, bringing back cap and tax, going along willingly with the end of the Bush tax cuts, etc. To the common sense observer, it is clear the GOP is Obama's best ally in securing his re-election by stopping him in his worst left wing economy-killing instincts.
But I digress. As the Democrats and their media organ grinder monkeys continue to practice better than just about anyone ever has Stalin's precept that "the longer one tells a lie, the more it is believed," it is an unfortunate fact that "increasing revenues" has also entered into the language of all too many Republicans. Republicans in Congress and those of us in the grass roots need to practice with an absolute discipline the use of the term "tax hikes" or "increasing taxes" or some form thereof in speaking of Democratic intentions. We should remove the term "revenues" from our vocabulary other than when speaking of what is produced when we CUT taxes as has always happened when we've cut marginal tax cuts under 4 different presidents, from Harding to Kennedy to Reagan to Bush 43.
Americans should truly begin to feel disquieted when we have a supposedly independent news media all too willing to repeat the deceptive use of language practiced by the White House and the party represented therein. We no longer enjoy a free news media when this state of affairs occurs. It is a party organ devoted to the spread of propaganda.
So many deductions is confusing. A lower tax rate is better than loopholes IMO.
I agree, but with Obama and the Dems we will only get a closing of loopholes, some of them with economic value, and no lower tax rates.
Well said. That and closing loopholes while lowering rates also cuts out the cost of exploiting those loopholes (ie, pay tax attorneys). That’s billions of dollars in “broken windows” right there...
Was just thinking the same thing, reading Reuters news on this patty-cake meeting in the Senate, calling it “revenues” instead of taxes, which it really is.
I guess its the new spin on it so that Grandmammy knows she will still get her preciousssss check every month.
Remains to be seen if that would make it into a final version but I was surprised to see it.
Also, it eliminates the Alternative Minimum Tax.
And what the hell are “tax expenditures”
Is there a specific point you want to make about it?
Now that is not going to be good news for the non taxpayers.
Taxes.
And don’t forget what they then do with this “new revenue”;
of course it isn’t wasted.
It doesn’t result in increased spending on feckless programs and it isn’t given to people who sit out on a street curb until two in the morning ....
Enhanced revenues are invested in our greatest asset: our people.
But not your people. So just pay-up and shut-up;
or you’re a racist.
Honky.
(But you knew that, didn’t you?)
“tax expenditures” is money the govt lets you keep instead of taking it in taxes
shows who really owns your labor, eh?
a mortgage interest deduction or a 401K is a tax expenditure because without them, the govt would take thousands more of your...err their...money
all of your income aside from taxes you pay, is a “tax expenditure” the govt graciously lets you keep
I somehow doubt Uncle’s legion would eliminate the AMT- that is the pusillanimous Congress’ prime way of nailing the middle class with the help of inflation and without lifting a finger or casting a vote
I would bet this proposal changes the treatment of the AMT - probably expands greatly who pays it or just calls it by another name - but does not eliminate it
Since the “plan” assumes the Bush tax cuts exipre, it actually raises taxes by over $3,000,000,000,000 (3 Trillion Dollars).
You can thank the scumbags Coburn, Chambliss and Crapo for this “solution”, the final solution for the American middle class, what’s left of it.
If you’d read it, you’d know what the point is.
It doesn’t matter what tax rates are or what the loopholes are, what matters is how much net money the government is stealing from us.
This “plan” steals more from people who work and are trying to provide for their family and save for their future, and feeds the infinite waste.
Don’t forget the 500 Billion in tax increases in Obamacare that will start in 2014
Yep—Orwellian new-speak.
If we don't handle this financial issue by spending cuts alone, we are done for.
The very fact these asshats can not say the word taxes means they are trying to sucker the people..
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