The Democrat's latest mantra is to raise taxes on the rich because after all, they can afford it, can't they? Well, the conservatives need to fight the urge to back down and allow tax increases on the rich.
Personally, I am not rich. Hell, I'm probably below poor after the expenses are paid. So, personally, I shouldn't care if the rich get taxed more, right?
But everywhere you turn, the mantra is "tax the rich" by the liberals. In Minnesota, the government has been shut down for 10 days and counting because the Democratic governor is steadfast for taxing the rich. In Nevada, most of the Democrats wanted to increase taxes on companies, and in some areas, they did raise taxes. Harry Reid and President Obama are staking their power on raising taxes on the rich.
Well, first, there is the moral argument. When you listen and read what liberals read about raising taxes, it's not about raising revenue, it is a jealousy problem. The rich have theirs and the liberals want it back to redistribute to other people. For me, jealousy is a sin and not very moral. The 10th commandment that basically says "Thou shall not covet my neighbor's house"- in other words jealousy. The Democrats have been coveting quite a bit lately. Jealousy gets you nowhere except being bitter towards others.
The second reason the conservatives need to hold the line on taxes is if the Democrats get their way on taxing the rich, this will only embolden them to continue to raise taxes on the next in line and then the nest in line after that. It starts the slippery slope where the Democrats and liberals will try to raise taxes on the middle class and then even the poor. If you think the Democrats are going to stop at taxing the rich, you have been smoking some good crack.
Finally, even Obama doesn't truly believe in raising taxes, unless he is lying again. From Obama' own mouth during a MSNBC interview:
Todd: Let me jump to another topic, Scott Ferguson, he’s upset about taxes, he says: “Explain how raising taxes on anyone during a deep recession is going to help with the economy.” And he actually wants to you look at historical markers where this has been — you say, you know, where this has been a helpful thing coming out of a recession.
Obama: Well, first of all, he is right. Normally, you don’t raise taxes in a recession, which is why we haven’t and why we have instead cut taxes. So I guess what I would say to Scott is his economics are right, you don’t raise taxes in a recession. We haven’t raised taxes in a recession. We don’t have a…
Todd: But you might for health care. You might for the highest — for some of the wealthiest.
Obama: The — we have not proposed a tax hike for the wealthy that would take effect in the middle of a recession. Even the proposals that have come out of Congress, which, by the way, were different from the proposals I put forward, still wouldn’t kick in until after the recession was over.
So he is absolutely right, the last thing you want to do is to raise taxes in the middle of a recession because that would just suck up — take more demand out of the economy and put businesses in a further hole.
Now, since the interview was on MSNBC, only about 6 people actually saw the interview, so it was nice of MSNBC to have a transcript.
Well, President, we are actually more in a depression than a recession, but the point is the same. With a 9.2% unemployment rate, rising food prices, higher utility prices because of the Obama administration, higher health insurance rates, again, thanks to Obama, and we still high gas prices, you cannot afford to raise taxes in this economy.
So, please conservatives, please keep fighting tax increases. It doesn't matter if it is on the rich or on the man in the moon. Raising taxes is a bad idea. Besides, it's not a revenue problem, it's a spending problem that is causing the problems in Washington D.C.. But if the GOP caves, which they could very well do, then the GOP RINO's will have to answer to other conservatives come donation and election time.
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