One Democratic presidential candidate has made it very clear how he would pay for his spending: taxes, taxes and more taxes -- but only on the rich. Speaking on the issue, John Edwards...who was The Poodle's running made in 2004 (not to be confused with The Poodle's keeper,) says he would tax the rich to pay for his spending proposals, including a grandiose plan for socialized medicine The Trial Lawyer says to cover his health care plan, he'd repeal George W. Bush's tax cuts for people over $200,000.
Then, he'd tax capital gains. Edwards complains that brokerage houses aren't accurately reporting people's capital gains. This is a ripe area for class warfare rhetoric. Democrats can convince their followers that only the rich have enough money to invest, and thus only the rich have capital gains ... so let's tax 'em more!
I don't know any other way to say this: There is absolutely no limit to a politician's desire for your money. When you take the money you earn and spend it as you see fit, politicians don't benefit. But when they can take the money and spend it on their project, votes are bought, power is preserved.
No comments:
Post a Comment