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Does this violate the conservative "no new taxes" oath?
The Cons have taken the Grover Nordquist oath not to raise taxes especially on the richest 1% of the country. However, to make some revenue, the politicos are now talking about doing away with the tax deduction for home mortgages, and taxing employer health benefits. Isn't this raising taxes too? So, how do the Cons explain this, and say they are keeping their pledge? Sounds like double talk at the expense of the middle class again.
2 Answers
- ?Lv 710 years agoFavorite Answer
Thanks for the question. I'm going to keep answering with this one fact. I know it's a fact because I did the math from the 2009 tax tables on the IRS website.
IF we took ALL the money that ALL the people who earn over $200,000/year away from them this year and applied it to the Administrations proposed 2012 Budget.....watch this is the whole point...
We would still go $183,125,320,200 further in DEBT in 2012.
I'm not against raising taxes to some degrees. We can't solve the problems by CUTS only, either.
Good question. Please, I'll link the IRS website I got the numbers from. I'm horrible at math and worked it out. I wanted my own answers, not what Sean Hannity, Rachel Maddow, Rep. Bohner or Sen. Reid call answers.
Have fun, keep up the good fight. Together we'll figure it out.
Source(s): www.irs.gov/pub/irs-soi/09in11si.xls - Anonymous10 years ago
0bamacare taxes employer benefits also.
And there is no 1% just as there is no "tax cut for the rich".
Hope this helps.