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Saturday, July 28, 2012

Ari Feischer's Plan to Raise Your Taxes.

      Fleischer played the usual game in a recent op-ed at the WSJ, he cried about how much the rich are having to pay in taxes-but only considered federal income taxes. Typical. Anyone that starts a conversation by saying that '45% of Americans pay no tax' is lying. They aren't including either state and local taxes or payroll taxes which is where most Americans pay most of their taxes.

    http://econospeak.blogspot.com/2012/07/ari-fleischer-tells-readers-of-wall.html

     http://econospeak.blogspot.com/2012/07/so-who-should-be-paying-for-government.html

     The are also saying something else. Consider Fleischer here:

      "Yet President Obama says that "for some time now, when compared to the middle class," the wealthy "haven't been asked to do their fair share." He's right that the system isn't fair, but not because the top 1% pay too little. It is because they pay too much."

        It's important to realize that what he's actually saying is that you don't pay enough taxes. Unless your are personally in the 1% he wants to raise your taxes. Logically if he wants to cut the taxes for the rich-and he does as he says they pay too much-this means he wants to raises or anyone who is not rich.

       Obviously the only way to make up for the loss in revenue in yet another tax cut for the rich is a tax hike somewhere else. Now the GOP preference is to say they don't want to raise anyone's taxes they'd rather "cut wasteful spending."

       In reality, spending cuts and tax hikes are the same thing.

       Again, the GOP is not against tax hikes. They just want them on the rest of us so as to give the 1% even more tax cuts. This has been standard operating procedure since Reagan's 1983 "compromise" with Tip O'Neil-sorry to say but Tip got rolled.

        The end result was lower SS benefits and higher contributions. We saw it this year with Herman Cain's absurd 9-9-9 plan where he aggressively wanted to raise taxes on most Americans. However, Cain was just more honest. Romney wants to do the same thing.

        He doesn't tell us this, he just calls for deep tax cuts for the rich without any offsetting tax hikes or spending cuts. But those are implied.

      

    

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