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As I said on another thread:

>>>> "Why we need to teach history.
New voters, ones that turn 18 this year. Were only 5 when this was happening. It may be old news to us...." <<<<

From this post:

The Lessons of 1994
#11
http://www.freerepublic.com/focus/f-news/1595300/posts?page=6#6

Normally I would just link it. But I think it’s important to remember what the Rat’s are all about so I’ll do a cut & paste of what I put down.

Mr. Peabody were are you setting the Wayback Machine for today?
Sherman back to 1993 when there was presidents called Billarey with strange cast of Characters...

Beep bob boop....

Here's a cut & past from here:
http://boortz.com/more/demsecrets.html

So --- here is the idea that the Clinton Administration was tossing around prior to the voter revolution of 1994. They were going to impute – credit – extra income to people who own their own homes. This was going to be done for two reasons. First, to push more people into the higher income brackets where Clinton tax increases could reach them. Second, to increase the amount of taxes actually collected from these people. Here's how Clinton's imputed income scheme was going to work:

Let's say you own a home worth $250,000. Your payments on that home are about $2,000 a month. The government uses census data (there is a reason they ask all of those extra questions) to figure out what a $250,000 home in your neighborhood would rent for. Let's say it would rent for $3000 a month. This means that you could rent your home for $1000 a month more than your payments. But you're not renting your home, you're living in it. You must know that this just isn't fair to people who have to rent homes. They don't get the tax deductions you get. They don't own their own homes because, unlike you, they haven't, as Dickie Gephardt likes to phrase it, "won life's lottery."

Well .. since you're so rich and since you own your own home, the Democrats would really like to get a little more money from you, to spend on those poor renters and people who aren't as "fortunate" as you are. This would all be in exchange of their votes, of course.

So ... here is this element of the Democrats' secret plan for you and your bank account. When you fill out your tax return you will have to consult certain tables and government data to determine what a home like yours would rent for in your neighborhood. Using the example above, your home would rent for $3000. You're paying $2000 a month to your mortgage company. You will be instructed to take the difference ($1000 a month) and multiply it by 12. This gives you $12,000. That's your imputed income. Add that to your other earnings to come up with your taxable income. That adds up to more than $4,500 in additional income taxes if you're in the top tax bracket. Hey, it's only fair ... you being rich and all.

Just in case there some yongons out there who have no idea who Mr. Peabody or the Wayback is:

http://www.toonopedia.com/peabody.htm

http://bullwinkle.toonzone.net/peabody.htm