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Democrat Senate Candidate Backs New "Minimum Tax" For All

dmoose Wrote: Sep 20, 2012 4:49 PM
46-47% of Americans who file returns (and we know there are those who earn and don't file) pay zero income tax. 10% of all that file pay 71% of the income taxes collected. It doesn't take a genius to see, just like Europe, the earners will leave the country or stop working so hard for everybody else. THEN who's going to pay the government?

Virginia Democratic Senate nominee Tim Kaine probably wishes he could hit a "do-over" button.  During a televised debate with GOP candidate George Allen, the former DNC Chairman came out in favor of a new federal "minimum tax for everyone," including tens of millions of low and middle class American families:

In his haste to demagogue Mitt Romney's '47 percent' comments, Kaine fell into a trap.  As Romney stated, roughly 47 percent of all American households pay zero or negative federal income tax rates.  Many...