Tuesday, March 27, 2007

Democrats Budget - "Largest Tax Increase In History"

Well the Democrats have proven time and time again the stereotypes that they have against them. This time is no different. Link goes to a PDF file. Some of the highlights:

Reduction of Child Tax Credit: $27 Billion Increase

$13 Billion in "Marriage Penalty"

$91 Billion in "Death Tax"

$32.5 Billion in Capital Gains and Dividends

So in other words, if you have a child, are married, die, or invest in the stock market, which is pretty much everyone in America, you will see a significant tax rate increase. The highest in history.

Democrats don't understand that if you cut taxes, you can increase revenue. For example, the article states that revenue increased 16.5% in 2006, 14.6% in 2005, and 9.3% in the first five months of fiscal year 2007.

Democrats want to increase the minimum wage, but they want to increase the taxes that everyone pays. In other words, they would take money out of your pocket, and put it into the pockets of the government. Hillary Clinton has been quoted as saying about oil company's profits: "I would TAKE those profits and use them..."

So go ahead Democrats, push for your tax increases, you pork barrel spending and other typical Democratic stereotypes. You won't be in power long if you make it harder for people who live paycheck to paycheck.

Travis
travis@rightwinglunatic.com

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