This is such a slippery slope that our Congress is going down. The democrats this week have propose a “surcharge” tax on people who earn over a million dollars a year.
This “surcharge tax” is disguised very well. The tax would supposedly go to fund a huge education increase for war veterans. Now, believe me, I am all for giving our veterans whatever it is that they need. But, in my view, by making one group of people responsible for this, would be a huge slippery slope. What’s next? People making over $65,000 pay for their own kids education because it’s not “fair” that they make so much? This is called income redistribution. This is also called Socialism.
House Democrats are proposing a tax surcharge on millionaires to pay for a big increase in education benefits for veterans of the war in Iraq, lawmakers said Tuesday.
The plan, if accepted by rank-and-file Democrats, would clear the way for a vote Thursday on a long-stalled war funding bill that would pay for military and diplomatic operations in Iraq and Afghanistan into next spring.
Conservative “Blue Dog” Democrats blocked a vote last week over Democratic leaders’ attempts to add an additional $51.8 billion over the next decade for veterans education to the $183.8 billion war funding tab. They insisted on finding a way to pay for the new benefit without simply adding to the deficit.
“What we’re talking about is a one-half percent income tax surcharge on incomes above $1 million,” said Rep. Mike Ross, D-Ark., a leader of the Blue Dog group. “So someone who earns $2 million a year would pay $5,000. … They’re not going to miss it.”
The $1 million income level would apply to couples. Individuals would pay the surcharge on income exceeding $500,000.
The idea earned support from House leaders at a late afternoon meeting of top Democrats, including Speaker Nancy Pelosi of California.
See the quote about someone “not missing” it. When, in God’s name was Congress enabled to make a distinction between “not missing” it…and “missing it”?! Who do these people think they are? They are amazing.
I am far from being a “millionaire”. But, you know what? I aspire to be a millionaire one day because THAT is the American dream. The American dream is not being penailized because you have been successful in life. It used be a good thing that you were successful. Just doesn’t seem that way anymore.
Again, believe me, this is not about the military. This is about what’s fair and what’s not fair. Our Congress is not fair to anyone who makes over $25,000 a year. Look it up.