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what the crowd at an Omaha rally considered to be Hillionaire's money line:
Hillary Clinton called for raising taxes on the “middle class” while campaigning on Monday in Omaha, NE. Joined by left-wing Democrat billionaire Warren Buffett, she received applause from those in attendance.
“Because while Warren is standing up for a fairer tax code, Trump wants to cut taxes for the super-rich,” said Clinton. “Well, we’re not going there, my friends. I’m telling you, right now - we’re going to write fairer rules for the middle class and we are going to raise taxes on the middle class!”
Presumably a slip of the tongue, Clinton’s comment came amid broader Marxist-themed demagoguery about forcing “the wealthy” to “pay their fair share” of taxes. Buffet was praised for comments he made in 2012 in which he claimed to pay a lower percentage of his income as federal tax than his secretary, feeding into the Occupy Wall Street movement’s class warfare narratives.
No comments were made about the approximately 45% of Americans who do not pay federal income taxes. In 2014, between 51 and 55 percent of total federal income taxes were paid by individuals earning $250,000 or more.
Clinton did not articulate any limiting principle as to what share of GDP should be composed of governmental spending. No upper limit for taxation was articulated, either.
Ha! And you thought that money in your bank account was yours!
Presumably a slip of the tongue? It was. Don't get all excitated now bloggie
ReplyDeleteIn the same sense that "We're going to put a lot of coal miners out of work" was a slip.
ReplyDeleteNo that wasn't a slip. They are. And I don't agree either.
ReplyDelete"Clinton understands that at a time of massive income and wealth inequality, it is absurd to provide huge tax breaks to the very rich. Trump, on the other hand, wants billionaire families like his to enjoy hundreds of billions of dollars in new tax breaks."--Bernie
ReplyDeletehttp://bipartisanreport.com/2016/08/05/just-in-bernie-sanders-publishes-stunning-oped-in-la-times-makes-major-announcement/
Why should the rich have to part with any more money? It's theirs, just as much as a lower-middle-class person's money is theirs. For government to seize any more of it at gunpoint would be rank tyranny.
ReplyDelete