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Leftists Admit They Want Big Tax Hikes on the Middle Class

Doug3370 Wrote: Aug 11, 2012 5:10 PM
Take a look at the national debt. Take a look at the implicit promises of social security and medicare. Call that "debt" too. You're up to 25 or 50 trillion dollars, depending how long you think today's oldsters will live. If benefits are not somehow trimmed, this debt must either be inflated away, which is a hidden tax on everybody's savings, or it must be paid down by levying taxes and not spending them on new programs. There's simply no way around some form of middle class tax. The top 1%, or 2%, or 3%, simply hasn't got the money. No workable* level of taxation can raise it from them. * 90%, say, is unworkable. The top 1% won't work like dogs for added income that they'll see almost none of after taxes.
gungy Wrote: Aug 11, 2012 5:43 PM
Decreased regulation, and cutting spending (like for example the enforcement of insane regulations which costs billions) and cutting taxes brings in increased revenues. Elimination the Dept of Education which only serves teacher's unions, those unions having no interest in educating kids but only increasing their benefits, and RESTORING workfare, which Obama illegally abolished by blue pencilling section 407 of the welfare reform act--which its creator, Robert Rector, said does indeed gut welfare reform and Obama's action could be grounds for impeachment--means no middle class tax increases. But re-elect Obama and you are sure of middle class tax hikes. Obamacare alone does that.
HopefulAmerican Wrote: Aug 11, 2012 5:35 PM
Doug you have no idea how I Wish You were retired and one of today's Oldsters as you call us. I am so happy you are NOT my son and hopefully not related to me.
Richard31 Wrote: Aug 11, 2012 8:55 PM
In the 1930's, this country made a promise to its people. A STUPID promise, that we would pay them, if they happened to live long enough, a benefit based on how much they earned the last few years of their working life (not how much they earned over their entire life). We said that we would pay for that by taking some of the earnings from everyone who works (not mentioning that someday we wouldn't be able to take as much as we paid).

What Paul Ryan is saying is that "Yes, we made this STUPID promise. We need to go ahead and honor for those people who STUPIDLY depended on it. But for everyone else, we have to change the system, or we won't be able to pay ANYTHING to ANYONE."
Don't Tread On Me3 Wrote: Aug 13, 2012 4:38 AM
"this country" didn't make a promise, ambitious politicians like FDR made those "promises", & made no realistic provision for paying for therm. They knew darn well the system would fail, but not until long after they themselves were gone.
Don't Tread On Me3 Wrote: Aug 13, 2012 4:46 AM
Hey, HopelessAmerican,
Is your son actually slaving away to pay a 90% tax rate or likely to? Is that really what you want from him? You want your children to be tax serfs, really? Or do expect it to only apply to "other people?" Do you realistically expect anyone to work hard to pay a rate that high, or that there would be no downside to imposing such a rate at any income level?

Don't worry, tho, Obama & the Demmies have come up with a fix for the Socialist Insecurity. It's called the Independent Payment Advisory Board. (Noted right-wing scaremonger Sarah Palin had another name for it.)

While I disagree with statists, I sometimes admire their discipline. They are very good at staying “on message.”

I am 100 percent confident, for instance, that they intend big tax hikes on the middle class, even though they would piously swear an oath to the contrary. Indeed, I suspect more than 90 percent of them secretly would like a value-added tax.

It’s not that they necessarily dislike ordinary people, but privately they understand that you can’t finance big government by taxing rich people.

Simply stated, there aren’t enough of the “1 percent.” Moreover, rich people have...

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