If there's anything the Democrat Party just loves to do that would be raising taxes ... but only on those people who are not likely to vote Democrat! If you've been paying any attention at all, you will know that the Democrats proposed a $400 billion tax increase last week. That's right ... all you have to do is give them enough votes in the Senate to filibuster (that would be 41) and they'll make sure that the tax cuts passed by the Republican congress six years ago disappear .. and if you give them a good majority in the Senate, the House and Hillary in the White House in 2008 they'll raise taxes even more!
The Democrat Party goal here is simple. They are working to shift the entire federal tax burden away from voters who are more likely to vote Democrat .. the middle and low income voters. Right now only 3.5% of personal income taxes are paid by the lowest 50% of income earners. But wait ... it gets worse. Over 80% of all personal income taxes are paid by the top 20% of income earners. So you can see that the Democrats don't have far to go before they have completely insulated their core voters from the responsibility of paying any income taxes at all.
Next will be Social Security. The Democrats have a plan right now -- though they aren't really talking all that much about it -- to exempt the first $15,000 of wages from Social Security payroll taxes. If your parents cared enough to keep you out of government schools you will know that in order to do this the Democrats will have to raise the Social Security earnings cap by more than $15,000 to cover the loss. This means, of course, that these Social Security taxes are merely shifted from the lowest to the highest income bracket.
Can you see where this is heading? Let me give you a little hint of how Democrat campaign advertising will sound once they've managed to shift the entire tax burden to the top 20 or 30% of income earners, and they have their little $15,000 payroll tax exemption in place. Every election season you will hear radio and TV ads for Democrats saying two things: (1) If you vote for Republicans they will make you pay income taxes; and, (2) if you vote for us we'll raise the Social Security payroll tax exemption by a few thousand dollars.
Now ... thanks to Republican malfeasance, Democrat free-spender Charlie Rangel is now running the House Ways and Means Committee. That's the committee that writes all new tax laws. Rangel is not what you would call an honest man. He won't even admit that the Democrats want to raise taxes. He says they're just "readjusting the tax rates."
Who do we have to thank for all of this? Well, ultimately it is the Republicans who take the blame. The Republicans in the Congress completely abandoned their principles and became the new party of big government and pork spending. Core Republican voters became disgusted and sat on their hands. Is anything likely to change? Well ... let me respond to that question with another one. Is there anything that the Republican Party is doing right now that causes you to want to lift one finger to help them? Name one initiative being undertaken by the Republican Party -- not just by some Republicans, but by the party -- that would make you go one foot out of your way to vote for them in 2008? You're right. There's nothing.
Do you know what BOHICA means? Google it. Then again, maybe you shouldn't.
http://boortz.com/nuze/index.html