You know what? I'd actually be in favor of an across the board tax hike if it were to purely financially support the war in Iraq as Democrats would like.
However, in true Democratic fashion, they are trying to stick it to people who's only crime is that they are successful:
Democrats on Tuesday proposed an income tax surcharge to finance the approximately $150 billion annual cost of operations in Iraq, saying it is unfair to pass the cost of the war onto future generations.
The plan, unveiled by Reps. David Obey, D-Wis., John Murtha, D-Pa., and Jim McGovern, D-Mass., would require low- and middle-income taxpayers to add 2 percent to their tax bill. Wealthier people would pay an additional 12 to 15 percent, Obey said.
An ADDITIONAL 12-15 percent?? So if you were lucky, say you own a small business that made a $300,000 profit and your tax bill was around $100k. You'd be paying between an additional $12,000 to $15,000 for that year.
What's wrong with an across the board, additional flat tax Democrats? Why saddle those of us who make a decent living with more taxes? You know, sooner or later you're going to piss off the people who pay the vast majority of taxes and then you won't have a revenue stream.
The plan's sponsors acknowledged it's unlikely to pass, but Democrats have been seeking in recent weeks to compare the approximately $190 billion cost of the Afghanistan and Iraq wars in 2008 with the $23 billion increase that Democrats want in domestic programs. President Bush has threatened to veto most of those domestic spending bills.
This is the EXACT problem with Democrats. Why can't Democrats cut the $23 billion increase from the spending bill? Because they want to look like they are doing something for their constituents. So they are putting up an additional $23 billion in spending, and ON TOP OF THAT, they want to increase taxes.
How's this Democrats, cut the spending, I'll agree to a flat, across the board tax increase of say, 5% to go DIRECTLY towards the war in Iraq.
But of course, they won't go for it.
Travis
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