Earlier this week, I helped negotiate an imperfect solution aimed at avoiding the so-called “fiscal cliff.” If I had my way taxes would not have gone up on anyone, but the unavoidable fact was this if we had sat back and done nothing taxes would have gone up dramatically on every single American, and I simply couldn’t allow that to happen.He then in misleading fashion says:
Yet now that the President has gotten his long-sought tax hike on the “rich,” we can finally turn squarely toward the real problem, which is spending.Yes, the rich will be taxed, except for the crony rich, which includes Hollywood and Goldman Sachs, but more than 50% of the revenue generated from the bill will be because of an increase in the payroll tax by 2%--a tax that will impact nearly every paycheck earner.
He then suggests that the tax hikes are over:
Predictably, the President is already claiming that his tax hike on the “rich” isn’t enough. I have news for him: the moment that he and virtually every elected Democrat in Washington signed off on the terms of the current arrangement, it was the last word on taxes. That debate is over. Now the conversation turns to cutting spending on the government programs that are the real source of the nation’s fiscal imbalance. And the upcoming debate on the debt limit is the perfect time to have that discussion.This is a lie. House Speaker John Boehner is already talking about "tax reform," as part of the debt ceiling negotiations. "Tax reform" is always about higher taxes. Further, it's doubtful there will be any real tax cuts. In Congress, a tax "cut" is a decrease in a proposed increase. It's all a scam by very dishonest men, led by congressmen like McConnell.
(ht John Duncan)