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Friday, December 28, 2012

The Reason Liberals Want To Raise Taxes On The Rich Has Nothing To Do With The Deficit

A common argument you hear from conservatives is that raising taxes on the rich is a joke of a deficit reduction proposal, because it hardly makes a dent in the deficit.
According to CNBC, reverting to Clinton-era levels would just get you about $40-$45 billion in the first year.

GOP Congressman Tom Price has gotten a lot of attention for saying it would only fund government for 8 days... so what's the point?

So what is the point?

Well, it's not really about deficit reduction at all.
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1 comment:

  1. AnonymousDecember 29, 2012 at 11:27 AM

    To the libs out there,the super rich will never pay more taxes and either you know that or you need to research it.

    ReplyDelete

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