Posted on 10/13/2007 6:21:47 AM PDT by 3AngelaD
Hillary Clinton would raise taxes if she is elected president. Sharply...She says that she will “…let President Bush's tax cuts for top earners expire." ...this means that she will raise the top bracket (for those earning more than $200,000 a year) on income taxes from the 35 percent to which Bush cut it, to the 39.6 percent to which her husband raised it in 1993...
It also likely means increasing the tax on capital gains from the current 15 percent to at least 20 percent and probably to the 30 percent level backed by most liberals. Some even believe she may eliminate capital gains taxation entirely...
She certainly would repeal Bush's tax cut halving the tax rate on dividends and would raise it from its current 15 percent to 30 percent. She would also most likely end the planned elimination of the estate tax and probably reduce the size of estates subject to the tax....
She has specifically refused to rule out a big increase in Social Security (FICA) taxes...Hillary would...either raise the limit — at least doubling it — or eliminating it altogether. A self-employed American making $250,000 a year currently pays $12,125 in FICA taxes (12.5 percent x $97,000). If the threshold were eliminated, his FICA tax would jump to $31,250!
Congressman Charlie Rangel and Senator Chuck Schumer, both close Hillary allies...are paving the way by their proposed tax increases. The Schumer-Rangel bill was first, superficially, an attempt to repeal the Alternative Minimum Tax (AMT.)..Rangel's staff is "hard at work on an audacious plan that over the next decade would redistribute up to a trillion dollars in American income through the tax system."...she told a San Francisco audience in 2004: “We’re going to take things away from you on behalf of the common good.”
(Excerpt) Read more at foxnews.com ...
As likely and often as the tides coming in. effin’bee.
Hillry will NOT be responsible for higher taxes, I think that supposed Republican Congress is culpable.... they only cut taxes for a specific time they would NOT make them permanent.
CHANCE?? hahaha, understatement of the year. She has already announced that she wants to take OUR money and give it to others.
No more so than the sun rising in the East.
...Tax free muni funds to rocket.
“150% chance, I’d say...”
“Hillry will NOT be responsible for higher taxes, I think that supposed Republican Congress is culpable.... they only cut taxes for a specific time they would NOT make them permanent.”
I agree with both statements wholeheartedly. The spineless do nothing GOP controlled Congress of the last six years (2000-06)had a MISERABLE record on fiscal issues, and has led us to this development. Spend, spend, spend was their motto, not conserve, reduce, and eliminate. Good job in electing them you Republican stalwarts. Thanks for heaping tons of debt on me in the name of fiscal conservatism. Thank you really. I’ll be deeply indebted to you for the rest of my f*****’ life. Literally.
By the way, I’m not talking about the war. I’m talking about all of the other crap that the GOP Congress threw AT us, like the bridge to nowhere in Alaska. (which I know was scuttled, but it was still attempted)
(1) "We're going to take things away from you on behalf of the common good."
(2) "It's time for a new beginning, for an end to government of the few, by the few, and for the few, and to replace it with shared responsibility for shared prosperity."
(3) "(We) can't just let business as usual go on, and that means something has to be taken away from some people."
(4) "We have to build a political consensus, and that requires people to give up a little bit of their own turf in order to create this common ground."
(5) "I certainly think the free-market has failed."
(6) "I think it's time to send a clear message to what has become the most profitable sector in (the) entire economy - that they are being watched."
Now you might think these were the famous words of the Father of communism, Karl Marx. And you would be on the right track in thinking so. But you would be wrong. These pearls of socialist/Marxist wisdom are from non other than our very own, home-grown Marxist. . . .
Hillary Rodham Clinton
More taxes AND more regulations.
For the common good of course.
DUH ping
That’s like saying there’s a chance of snow from December to February.
“Chance of Increased Taxes if Hillary Clinton is Elected”
There’s a chance the next Pope will be a Catholic.
Throw a few RINOs in the mix and it spoils the entire batch.
And for the children. Can’t forget about the children.
There a 100% chance that taxes will be raised no matter who is in office.
The ultimate entitlement program.
If you want a preview of America under hillary, look no farther than the rapidly crumbling state of Michigan.
The communist governor has brought us -
1) the highest unemployment rate in the country.
2) New taxes.
3) A rapidly declining realty market.
4) A hostile business environment.
5) Taxes disguised as “fees.”
6) Quarter after quarter of negative growth.
7) The seizure of wealth from productive communities and its re-distribution to welfare bums, thieving bureaucrats and crooked poiticians in big liberal cities.
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