why not post a link to the legislation rather than an oped piece from the american spectator...R.Emmet Tyrell's rag?
I did on the original thread (which you probably saw) but like some government threads it expired
Of courre you ignore the real intent of Dems - to **** over all workers and take more of their money
So you approve of a 33% rate increase on the working class?
as the article said.................
But the House Democrats' plan is straight out of Walter Mondale's across-the-board tax increase handbook. The bottom income tax rate would jump from 10 percent to 15 percent. More than five million families and individuals with no income tax liability would be added back to the tax rolls.
Come 2011, many families will be hit by a renewed marriage penalty. Consequently, 23 million Americans will then be hit with an average tax increase of $466. That same year, the child tax credit will be cut in half, costing 31 million Americans an average of $859 in more taxes.
When the damage is tallied, 115 million working Americans would watch their taxes climb an average of $1,795, with 26 million small business owners being hit more than twice as hard at $3,960. The fact that these are average figures, incidentally, does not change the reality that taxes paid by middle-class families, not just the richest 1 percent, would be scheduled to go up under the Democratic plan.
Taxpayers won't fare any better under the Senate's budget blueprint. The Heritage Foundation's Brian Riedl estimates that the plan championed by Democratic Senate Budget Committee Chairman Kent Conrad would raise taxes by $2,641 per household over the next ten years. All of the Bush tax cuts would either expire in 2011 or have to be offset by tax increases elsewhere, in order to extract nearly $900 billion more from the private economy than under current tax rates.
Conrad's proposal would also bias the budget rules in favor of higher taxes. "Any Senator offering legislation to extend current tax rates," Riedl writes, "would be 'violating' four different Senate budget rules, each of which would require 60 votes to overcome before the Senate would even be allowed to vote on the legislation itself."
Entitlement spending, by contrast, would continue to grow on auto pilot. So much for budgetary restraint.
Many Democrats deny that they are actually raising taxes. The Bush tax cuts are already scheduled to expire in 2011 under current law. And the alternative minimum tax is already scheduled to gobble up another 19 million taxpayers this year without Democratic intervention.
Yet anything that forces taxpayers to pay more than under the rates already in place is, in effect, a tax increase. This is doubly the case when there are competing budget proposals on the table that would keep taxes from rising. Congressman Paul Ryan of Wisconsin, the House Budget Committee's top Republican, would preserve the Bush tax cuts while cutting spending.
