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The Spectacle Blog
Struggling to find ways to pay for health care legislation, Democrats are now considering creating a new surtax on Americans earning over $250,000, Bloomberg reports. The surtax would be on top of the tax hike that is already anticipated at this income level in 2011 when the Bush tax cuts are allowed to expire, and would hit small business owners who declare business income on their personal tax returns. Sounds like a great policy to pursue as the unemployment rate races toward the double digits.
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More Blog Posts by Philip Klein
http://spectator.org/blog/2009/07/07/house-dems-consider-new-surtax
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Oldefarte| 7.7.09 @ 12:27PM
Obama and Democrats are [and will] raise taxes anyway possible in order to pay for their welfare-stimulas bill, their proposed welfare-healthcare bill, and their proposed cap-and-trade electricity-tax bill--------it's called 'socialism', folks!!!!
Old Texican| 7.7.09 @ 1:33PM
Hi Olde fart
Let me gently say more.
This is a communist revolution attempt.
catladyjan| 7.7.09 @ 2:48PM
Don't forget to wish Obama a "Happy B-day" on 8/6....and to ask him when we can expect to see the BIRTH CERTIFICATE????????
FedUp| 7.7.09 @ 3:27PM
Where do we find these morons??? There should be a law that laywers and failed comics should be disqualified from holding public office!
Apparently they don't think that the rule of holes does hot apply to them!
VOTE THEM OUT!!!