Powered by Max Banner Ads
Democrats Propose Tax Surcharge On Millionaires
In an attempt to bring America one step closer to socialism, Democrats have proposed a surcharge on millionaires to pay for education benefits included in the new G.I. Bill.
“What we’re talking about is a one-half percent income tax surcharge on incomes above $1 million,” said Rep. Mike Ross, D-Ark., a leader of the Blue Dog group. “So someone who earns $2 million a year would pay $5,000. … They’re not going to miss it.”
The $1 million income level would apply to couples. Individuals would pay the surcharge on income exceeding $500,000.
The idea earned support from House leaders at a late afternoon meeting of top Democrats, including Speaker Nancy Pelosi of California.
Democrats love the idea of income redistribution and always have, this is just another ploy to get us closer to that. In America, you should not be penalized just because your successful. I agree the surcharge doesn’t amount to a lot, but that’s not the point. This is about Democrats acting like Robin Hood which is not the way the game is played in America.
Don’t get me wrong, I’m not opposed to funding the new G.I. Bill, I’m just opposed to funding it in this way. Conservative “Blue Dog” Democrats are willing to accept the $183 billion dollar war funding package, but object to the tiny sliver that would be added on top of that to pay for the education benefits of soldiers.
It doesn’t make any sense to fund it some other way. If we’re already gonna spend $183 billion dollars that we don’t have, then what’s a few more billion on top of that?
I am absolutely in favor of spending the money in Iraq, but it’s important that we take care of the people doing the fighting on our behalf. I don’t think we can fund the war and not fund the warriors, but I don’t think we fund the warriors by giving rich people an extra tax.
-Chris Jones
Related Posts
Comments
Leave a Reply
