Skip to comments.Higher taxes are “just the beginning”
Posted on 12/04/2012 10:37:01 AM PST by Starman417
This will surprise few readers:
A group of House Democrats has formed its own Gang of Six to push for progressive tax reform in which the expiration of the Bush-era tax rates for the wealthiest Americans is just the beginning.
This is the platform of a group of "progressives" in Congress.
In response to the call for progressives to draw a red line in the fiscal cliff sand, here is our big picture stance on corporate and individual tax reform, Rep. Michael Honda (D-Calif.) said in a statement. Six progressive tax principles from a new Gang of Six. The expiration of the Bush tax cuts for the wealthiest Americans is just the beginning of the discussion.
The progressive group also includes Reps. Jan Schakowsky (D-Ill.), Keith Ellison (D-Minn.), John Conyers (D-Mich.), Raúl Grijalva (D-Ariz.), and Barbara Lee (D-Calif).
All members of the Progressive Caucus.
They have six demands:
The group outlined six tenets of a progressive tax policy. They say it must be revenue positive, promote responsible corporate behavior, be a global system, have fair rates for the wealthiest taxpayers, reexamine expenditures that benefit the wealthy, and protect the poor and elderly.
There's that word again- "fairness."
Progressives want to do away with the capital gains tax:
(excerpt) Read more at floppingaces.net...
And when we control all the property through redistributive taxation, we can implement our New Order. The masses will be powerless to resist.
“Everything is happening as I have foreseen it.” — Emperor Palpatine
Whenever the left calls something “reform” watch out. It means they’re coming for your money.
What they want is socialism. Productive members of society work and take risks, and the government seizes most of the money and gives it to slackers who vote for the left.
We will always go out and work because we have PRIDE. 0’s people don’t have any pride or self-esteem. They don’t see anything wrong with speaking like uneducated slobs, getting up late, watching daytime TV, moaning and groaning about not getting enuf money from the government and popping out babies.
...You're talking about my relatives.
Ultimately they will push for a financial transactions tax (Tobin Tax) and extending FICA to very high levels of income. Perhaps every dime.
Once they kill that golden goose, the goose may just return the favor.
5. "The moment the idea is admitted into society that property is not as sacred as the laws of God...anarchy and tyranny commence. PROPERTY MUST BE SECURED OR LIBERTY CANNOT EXIST." - John Adams
Here are a couple of additional quotes for consideration today:
"This was a favorable moment to shut and bar the door against paper money." [This statement referred to a proposed provision in Article I, Section 8, that would have read 'and emit bills of credit (paper money) of the United States,' which the Founders rejected by an overwhelming vote.] - James Madison- Notes of the Federal Convention 1787
"...there have always been those who wish to enlarge the powers of the General Government. There is but one safe rule...confine (it) within the sphere of its appropriate duties. It has no power to raise a revenue or impose taxes except for the purposes enumerated in the Constitution....Every attempt to exercise power beyond these limits should be promptly and firmly opposed." - Andrew Jackson's Valedictory