Democrats having a hard time finding a Peter to rob
As the old euphemism goes, taxes are a way of robbing Peter (through high taxes) to pay Paul (with benefits).
Democrats, however, can't overcome their addiction to high tax rates (which do not necessarily translate to increased revenues) to give even the smallest breaks to the middle class (or anyone else, for that matter).
WASHINGTON (AP) - House Democrats' promise to permanently protect millions of middle-class families from a mostly unknown tax increase is faltering before it's even unveiled.
Senate Democrats are pressing a Band-Aid approach to delay for just a year or two the alternative minimum tax, or AMT, from adding $2,000 more in taxes on average to families with incomes between $100,000 and $200,000 a year.
And here's the money shot:
That way Democrats wouldn't have to go into next year's election after having tried, and probably failed, to raise income taxes on wealthy taxpayers - those making $500,000 or more - back to almost what they were before President Bush took office.
Democrats will in effect be doing exactly the opposite of what they promised to do if they got elected. Instead of increasing taxes on the (evil) rich to give "middle class" taxpayers a break they will be increasing taxes on the middle class so they don't have to increase taxes on the (evil) rich.
All you people who voted for Democrats...are you happy yet?
Suckers!
Democrats, however, can't overcome their addiction to high tax rates (which do not necessarily translate to increased revenues) to give even the smallest breaks to the middle class (or anyone else, for that matter).
WASHINGTON (AP) - House Democrats' promise to permanently protect millions of middle-class families from a mostly unknown tax increase is faltering before it's even unveiled.
Senate Democrats are pressing a Band-Aid approach to delay for just a year or two the alternative minimum tax, or AMT, from adding $2,000 more in taxes on average to families with incomes between $100,000 and $200,000 a year.
And here's the money shot:
That way Democrats wouldn't have to go into next year's election after having tried, and probably failed, to raise income taxes on wealthy taxpayers - those making $500,000 or more - back to almost what they were before President Bush took office.
Democrats will in effect be doing exactly the opposite of what they promised to do if they got elected. Instead of increasing taxes on the (evil) rich to give "middle class" taxpayers a break they will be increasing taxes on the middle class so they don't have to increase taxes on the (evil) rich.
All you people who voted for Democrats...are you happy yet?
Suckers!