Democratic Double-Cross: Minority Whip Steny Hoyer says raise taxes on those earning over $34,999 a year
No matter how often Obama plays his class warfare card, claiming that he’s only out to get the rich, the next step is Middle Class tax hikes.
The Government Class knows quite well that it can’t finance its operations without taxing the Working Class. The salami slice taxation has to move on.
Obama got his tax hike for the rich and it fixed absolutely nothing. The next step is to push the economy to the very brink and then demand a Middle Class tax hike. And some Democrats are already tipping their hand.
House Minority Whip Steny Hoyer, D-Md., called for an income tax increase on the 99 percent of Americans whose rates did not go up under the fiscal cliff deal, a hike that he proposed alongside entitlement reforms as part of a “balanced” plan to resolve the country’s fiscal crisis.
“Closing loopholes is like getting rid of fraud, waste, and abuse — it sounds nice, until you’ve got to deal with it politically,” Hoyer said on MSNBC. “I was for the Clinton rates. I’m for the Clinton rates, today. Now, I wouldn’t phase in the Clinton rates immediately, because the economy is still trying to get back, so I would perhaps go at least another year until you get the full Clinton rates.”
A return to the Clinton tax rates would be a significant rate hike on 99 percent of Americans.
Anyone earning over $34,999 would be hit with a tax increase under Steyn Hoyer’s proposed Middle Class tax hike. And that’s just the beginning.
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