A War Tax is on the table in Congress introduced by Rep. David Obey (D-Wis). I'd like to know where the $250,000 limit comes from. If that's middle-class then I should be below the poverty level along with most everyone I know. And why just those over $250k. Do the rest of us not have to share the sacrifice being made by U.S. men and women?
At the same time, how come Obey didn't promote a tax to support the bank bailout and auto bailout. Shouldn't we too share the golden parachutes of high salaries and bonuses? Then there is the "Stimulus act" and "health care" just passed. We too should be able to share the sacrifice incumbent in these programs.
It seems to me the best use of the stimulus would be to give a check to every American family to bring them over the magic $250k mark then any taxes would be fair and equal.
I am a born and raised Democrat. I vote a mixed ticket but my mantra has become, "if you can't help us for heaven's sake don't hurt us."
Yes, I do not believe such a tax would be well received, but perhaps that is the political strategy.ReplyDelete