Imagine that!.
Key point:
"This isn't to suggest some of these bad taxes won't go through; they will. But it's encouraging to know that, even amid this latest round of Democratic class-warfarism, the party harbors a minority who understands that taxes do have economic consequences. You can almost hear the ghost of the luxury tax past rasping away in the background."
Let's list some of the tax items this Dem leadership has supported:
-- letting the Bush tax cuts expire.
-- letting the Death Tax return to its confiscatory level
-- increase of the capital gains tax
-- increase taxes on oil and gas companies by 15 billion, which will be passed on to you and me., and would impact lower income people severely.
-- impose large tax increases on tobacco, which would also severely impact low income people. (SCHIP)
-- taxing private health insurance, and gutting the Medicare Advantage program that eliminates costs for many low income Medicare recepients.
(NAACP: "“The director of the National Association for the Advancement of Colored People’s Washington bureau had written lawmakers on March 14 that fewer dollars for Medicare Advantage ‘would have a negative impact on the health and health care of millions of Medicare beneficiaries, particularly for low-income and minority beneficiaries.’
Rosa Rosales, national president of the League of Latin American Citizens, wrote that her group was concerned further cuts to Medicare Advantage ‘will threaten access to comprehensive benefits, result in higher out-of-pocket health care costs, and create financial barriers to care that will be particularly harmful for Hispanic seniors.’” (Associated Press, 4/15/07)")
Let's see.....what have I missed?
We haven't even begun to talk about the costs of various Dem/Lefty/"Progressive" agenda items like "universal health care", "global warming", etc.
And obviously, we have yet to move to the state and local level tax increases that are coming to us at a fast and furious pace......
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