Lawmakers Demand Wray Correct the Record
Republicans Call Out Dems for Latest Trump Conspiracy Theory
An Honorary Squad Member Runs for President
Biden Justice Department Agrees to a Disgraceful Settlement With Lisa Page and Peter...
Harris Finally Nabs One Crucial But Expected Endorsement
What Trump Told Netanyahu at Mar-a-Lago
Another Day Another Fresh Lie in the Press About Kamala's Past
Speaker Mike Johnson Puts Kamala Harris' Border Failures on Full Display
Trump Announces Plans to Return to the Site of His Would-Be Assassination
Is Gavin Newsom's Latest PR Stunt a Way to Secure Himself a Seat...
Kamala Harris Sits Down With Drag Pro-Palestine Advocates While Boycotting Netanyahu’s Vis...
Kamala Harris' Roadmap to the White House Left Out a Very Crucial Aspect
Dave McCormick's Ad Tying Bob Casey Jr to Kamala Harris Will Run During...
Why One Name Being Considered for the Trump Assassination Attempt Task Force Is...
Was Kamala Harris Complicit in Covering Up for Joe Biden? This Poll Is...
Tipsheet

Democrat Senate Candidate Backs New "Minimum Tax" For All

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:
 

Advertisement


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 of these people are either seniors, jobless, or don't make enough money to qualify to pay those taxes.  While Romney concedes that it's appropriate for many of these individuals to be exempt from paying federal income taxes, Kaine proposes instituting a new baseline level of taxation for all of the above.  Some Republicans like Michele Bachmann have floated similar ideas in the past, but have been slapped down by fellow conservatives.  The economics are bad, and the politics are terrible.  As Democrats try to convince voters that they've got the middle class' best interests at heart, statements like "minimum tax for everyone" aren't helpful, to put it mildly.  Kaine has now backed himself into a corner: He supports tax hikes on "the rich" (standard Democrat fare), and he backs tax hikes on the poor, plus everyone in between.  The Allen campaign pounces: "What a surprise.  Tim Kaine wants to raise taxes," the email banner reads.  Allen's e-blast notes that Kaine proposed a similarly broad tax increase when he was governor:
 

Advertisement

“The Increase Would Mean A Hike In The Income Tax Rate From 5.75 Percent To 6.75 Percent For Those Earning More Than $17,000, 60 Percent Of Taxpayers.” (Anita Kumar and Rosalind S. Helderman, “Virginia Governor Proposes An Income Tax Increase,” The Washington Post, 12/19/09)


As governor, Tim Kaine was a tax and spender par excellence.  His successor, Gov. Bob McDonnell, turned Kaine's deficits into three consecutive surpluses -- in lean economic times, and without raising taxes.  McDonnell has endorsed Mitt Romney for president and George Allen for Senate.  The Virginia Senate race has been locked in a virtual tie for months on end.  Once ads featuring this clip start to carpet-bomb televisions across the state, could Kaine's stumble prove to be the factor that finally shifts the race?

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement