liberal logic 27 Wrote:
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> Fixed it for you Wrote:
> --------------------------------------------------
> -----
> > Where did I say "income tax?" I said "every
> tax
> > dollar."
>
> Ah, yes: Cherrypicking. The true last refuge of a
> scoundrel. Not to mention that most of the
> obamacare-related taxes you cite haven't even
> taken effect yet, let alone over the past five
> tears.
>
> > But all you see is the income tax. Open your
> > eyes. And Ralph, yes these taxes are stupid.
>
> The truth, of course, is far different for most
> Americans:
>
>
http://www.nytimes.com/2012/11/30/us/most-american
> s-face-lower-tax-burden-than-in-the-80s.html?pagew
> anted=all&_r=0
>
>
http://www.rgj.com/article/20110421/NEWS20/1104210
> 53/Fact-checker-taxes-lower-under-Obama-than-under
> -Reagan-Clinton-
>
>
http://www.washingtonpost.com/blogs/wonkblog/wp/20
> 12/07/10/everything-obama-has-done-and-wants-to-do
> -on-taxes-in-one-post/
>
> Obama’s first term has been heavy on tax cuts,
> especially those — like the stimulus tax breaks,
> insurance tax credits, and payroll tax cut —
> targeted at lower and middle-income people. Of the
> almost $2 trillion in tax cuts passed during his
> tenure, only the $570 billion that went toward
> extending the Bush tax cuts and the AMT patch
> primarily benefited upper and upper-middle income
> families.
So Obama is trying to count extending the Bush tax cuts as his tax cut. The cut was already in place. He is saying that since he did not raise our taxes, it is a tax cut. What a load that is.
>
> He looks set to continue those lower-income breaks
> going forward, but with a new emphasis on both
> phasing out upper-income cuts (like the Bush cuts
> for those making over $250,000 a year) and
> imposing new taxes on high-income people, through
> measures like the itemized deduction cap, the
> closure of the carried interest loophole, and the
> Buffett rule. What’s more, the new taxes in the
> Affordable Care Act set to take effect in 2014,
> such as the excise tax on expensive plans and the
> Medicare payroll tax surcharge, primarily target
> high-income people, while the law’s tax cuts
> primarily target low-income people. So even if
> Congress takes no new action, the phase out of the
> Bush cuts and the implementation of the ACA look
> to set back rich taxpayers considerably.
The last sentence says it all. He is trying to over tax the people who pay the most taxes. But taxation is not static as the government would like it to be. People who are over taxed will find a way around this. Just like businesses and UVA (a state school) and even the unions are doing with Obamacare.