Another phony, dick move by the Admin.
I have a better Idea tax cheat lets stop paying taxes in mass. If you starve the pig it dies and so does all the sucklings.
How ‘bout we just don’t pay them...worked for Timmy.
Yet another example of the Obama Executive branch just taking over legislative functions like a dictatorship. If Congress doesn’t go along they will just implement what they want via IRS
"Trust me?" from the most opaque and duplicitous administration in U.S. History?
There has never been yet a "tax on the rich" which didn't filter down to the 'middle class;' The income tax, when created, was to apply to the rich only and be limited to 1%.
How did that work out?
Anyone with control of 6th grade math can grasp that taxing only the rich can't possibly reduce either the annual deficit or current debt. Unfortunately only workers (producers) are expected to pay for tax increases.
The ever increasing welfare army (excluding social security and medicare!) which more and more have a greater useful income than the people supporting them, are never expected to pay any increases at all!
Can someone explain how that is possible?
Article I, Section 8, Clause 1:
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;