Discussion in 'Politics' started by Bass v 2.0, Aug 29, 2010.
Among Democrats, economic pressures are changing tax-cut dynamics
The tax cuts increased tax payments by high income Americans. Democrats want to get less money by raising their taxes.
You would think they might have figured this out by now. But no. Obama was shown conclusively that the cut in dividend taxes produced far more revenue than the old higher rate. And he still wants higher taxes on dividends. What a loser.
It's just another way of saying they realize their tax and spend, spread the wealth populist programs are going down in flames and the ideas of the GOP are their only chance of reversing a spiraling economy.
But they'll never admit it.
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