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Posted: 8:43 a.m. Tuesday, July 17, 2012
comment(31)
By Neal Boortz
Democrats, proggies and even Obama himself seem to hold the Clinton tax rates to a high standard … a standard to which we should all aspire, at least if you are a rich SOB. If you are rich, your tax rates need to increase to the levels they were during the Clinton years. Why? Because that way poor, ignorant Americans will believe that, Democrats, were successful in taking away some of the ill-gotten gains of those evil rich people and will soon give it to them.
There are Democrats out there right now like Senator Patty Murray carrying the class warfare pitchforks and torches: "So if we can't get a good deal, a balanced deal that calls on the wealthy to pay their fair share, then I will absolutely continue this debate into 2013 …” Their fair share? You mean like the tax rates they paid under Bill Clinton?
New Congressional Budget Office (CBO) figures show that the top 1% paid 21.3% of all federal taxes from 1993 to 2000, when Clinton was president, but they paid 25.1% from 2003 to 2008, after the Bush tax cuts. If 21.3% was a fair share in the Clinton years, then the top 1% has been paying much more than its fair share since 2003.
Hey, Patty Murray! Put that in your bong and take a few deep breaths. Well .. really you don’t have to. Why? Because that is a statistic that the ObamaMedia will never disclose to the great unwashed – the dumb masses. This “pay their fair share” nonsense works so well in the polling the ObamaMedia wouldn’t dream of taking that tired routine away.
What is the real problem here? Are Democrats more interested in demagoguery that pleases the dumb masses, or are they interested in the truth? Democrats seem to have forgotten basic economics lessons --- or they ignore them. As tax rates are lowered, the amount of taxes collected generally tend to increase. Imagine that! So if the Democrats were truly concerned about the amount of taxes collected (which they are not), then they would be striving to decrease tax rates to a reasonable level, rather than increase them. But that assumes that the Democrats’ goal is to collect more taxes. That’s not true in most cases. For the most part, Democrats want to increase taxes on the evil rich for one reason and one reason only: political pandering to the wealth envy dumb masses. That’s it! It’s about votes, not about what’s best for our economy or our business creators or the taxpayers.
Neal Boortz chronicles his 42 years of talk radio in his book "Maybe I Should Just Shut Up and Go Away" Available on line and printed from Barnes and Noble and Amazon.
comment(31)
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