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جمعرات 28 نومبر 2002Thursday, November 28, 2002
Tax the Poor
It seems like the Wall Street Journal editorial I mentioned before was inspired from Neal Boortz. Writing on his website on Aug 1, Boortz describes “THE DEMOCRATS’ (SECRET) PLAN FOR AMERICA”:
Remove a majority of voters from responsibility for income taxes
This is the biggie — and they’ve made no attempt to hide their goals here. The Democrats have been working on this plan for decades — with no small amount of help from the cowardly Republicans. The idea is simple. Using “refundable” tax credits and deductions and such ideas as the fraudulent Earned Income Tax Credit the Democrats are working to shift the entire burden for the payment of federal income taxes onto a minority of US taxpayers. Right now the top 50 percent of taxpayers pay almost 96 percent of the taxes. The Democrats are close to their goal. When the majority of voters have no federal income tax liability it will be almost impossible to pass any meaningful tax cuts ?– and further tax increases will be a piece of cake, especially if the taxes only affect those to be considered to be rich. Through this ploy the Democrats plan to create a defeat-proof socialist congress.
Jeez!
Posted by Zack at November 28, 2002 12:14 AM in Economy , Politics
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Tracked on November 25, 2005 11:54 PM
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