Crazy Bernie and Pocahontas want to introduce all these great big new taxes on the rich but at the same time the Democratic -controlled house passes a bill reintroducing income tax deductions at the federal level for state income taxes for the rich
Based on rhetoric, the Democratic Party is committed to a class-warfare agenda.
They want higher income tax rates, higher capital gains taxes, higher Social Security taxes, higher death taxes, a new wealth tax, and many other tax hikes that target upper-income taxpayers.
There are various reasons why they push for these class-warfare tax hikes.
- They want more revenue to finance bigger government.
- They think it’s politically advantageous to create social discord.
- They are envious and resentful of successful people.
I don’t pretend to know which factor dominates.
But that’s not important because I want to make a different point. Notwithstanding all their rhetoric, Democrats are sometimes willing to shower rich people with tax breaks.
The Wall Street Journalexposes the left’s hypocrisy in the fight over the deduction for state and local taxes.
Democrats have…grown more concentrated in the richest parts of the country…
View original post 618 more words
Recent Comments