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New IRS Data Expose Dems' Phony Tax-the-Rich Mantra
Investors.com ^ | January 12, 2015 | Editorial

Posted on 01/12/2015 3:54:42 PM PST by jazusamo

Taxes: Democrats unveiled a plan Monday that — surprise — would boost taxes on the rich. But new IRS data show these soak-the-rich campaigns are based on total falsehoods.

'Our tax code today is stacked in favor of people who make money off of money and against those who make money off of hard work," Rep. Chris Van Hollen, the top Democrat on the Budget Committee, said Monday.

The plan he announced — which to be sure has no chance of being enacted — would boost taxes on the top 1% and hand out checks to the middle class each year in the form of a $1,000 "paycheck bonus tax credit." There's another $250 for middle-class Americans if they put at least half that credit in a retirement account.

The Washington Post described Van Hollen's plan as part of a "stark shift in messaging" for Democrats after their November election drubbing, quoting House Minority Leader Nancy Pelosi, who described it as example of how the party will "think big" and "think new and fresh."

Does Pelosi think the country has been asleep the past several years?

Every tax idea offered by Democrats starts with the claim that the rich don't pay their "fair share" of taxes.

President Obama ran for president twice on the promise that he would end the Bush tax cuts for the rich, and spent his entire first term in office flogging this idea.

And when Republicans, upon taking control of Congress this year, ordered the Congressional Budget Office to use dynamic scoring when measuring the impact of tax cuts and tax hikes on the budget, Democrats reflexively trotted out the exact same class warfare rhetoric.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: democrats; increase; irs; redistribution; taxes; taxtherich; vanhollen
Same old tax the rich from the RATS.
1 posted on 01/12/2015 3:54:42 PM PST by jazusamo
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To: jazusamo

So... the Democrats claim they are playing Robin Hood, while actually being Robber Barons.


2 posted on 01/12/2015 3:58:53 PM PST by UCANSEE2 (Lost my tagline on Flight MH370. Sorry for the inconvenience.)
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To: jazusamo

Maybe Nancy will give us a look at her and her husbands tax return so we can get an idea of what would be a fair amount.


3 posted on 01/12/2015 4:00:32 PM PST by Lurkina.n.Learnin (It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
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To: Lurkina.n.Learnin

I’d bet the corrupt old bag already has an ace up her sleeve to prevent them from paying more.


4 posted on 01/12/2015 4:02:57 PM PST by jazusamo (0bama to go 'full-Mussolini' after elections: Mark Levin)
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To: jazusamo

would boost taxes on the top 1% and hand out checks to the middle class each year in the form of a $1,000 “paycheck bonus tax credit.” There’s another $250 for middle-class Americans if they put at least half that credit in a retirement account.

More shiny beads! Squirrel!!!


5 posted on 01/12/2015 4:07:08 PM PST by griswold3 (Just another unlicensed nonconformist in am dangerous Liberal world.)
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To: jazusamo

Of course this idiot Van Hollen is from Maryland. They along with Virginia benefit from being so close to DC, the land of pork. Hmm, the federal revenues must be getting low for this loser to come up with this plan.


6 posted on 01/12/2015 4:08:05 PM PST by dowcaet
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To: jazusamo

Pelosi: “...the party will “think big” and “think new and fresh.”

jaz: Same old tax the rich from the RATS.

Ya think? Amazing.


7 posted on 01/12/2015 4:21:28 PM PST by Blue Collar Christian (quod est Latine morositate)
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To: jazusamo

The left wing dummies are happy to pay taxes as long as they’re told the rich are paying more.


8 posted on 01/12/2015 4:47:35 PM PST by VerySadAmerican (Obama voters are my enemy. And so are republican voters.)
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To: UCANSEE2

the common rhetoric associated with robin hood is that he would ‘steal from the rich and give to the poor’

everyone seems to forget the details of the story.

was he really stealing from the rich?
who was chasing robin and why?

robin wasn’t stealing from ‘the rich’ for a simple reason... there weren’t any rich riding thru the woods. that’s just stupid.

the sheriff’s men were collecting taxes from the people, taxing them to starvation. robin would hit them on their way back to the castle and take the money and goods back to the people.

in truth, robin hood was the original tea party activist


9 posted on 01/12/2015 7:34:32 PM PST by sten (fighting tyranny never goes out of style)
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To: jazusamo
would boost taxes on the top 1% and hand out checks to the middle class

Too late now to buy off the middle class with tax cuts (which Democrats loathe).

Democrats had their chance when they had the whole government (House, Senate, and the Administration), but they chose to impose new taxes On the middle class.

Don't forget, it's not only Obamacare (Premium Increase, Medical Device tax, and many others), but also the Social Security Tax hike as well.

And don't forget his dings upon the economy: 30 Hour Work Week, Limit of 50 workers per small business and Businesses shifting to Part Time workers.

A Democratic head fake to the middle class just isn't going to work this time. The middle class woke up in 2010 and 2014 and has not forgotten the blows.

10 posted on 01/13/2015 5:04:32 AM PST by CptnObvious
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