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Posts tagged Tax hikes

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Paul Ryan, Herman Cain Push For Tax Increases On Middle Class

stfuconservatives:

herblondness:

WASHINGTON — Rep. Paul Ryan (R-Wis.) said on Sunday that House Republicans would oppose President Barack Obama’s payroll tax cuts for both employers and employees, arguing that the policy had already failed to provide a sufficient boost to the economy. “It hasn’t worked,” Ryan said, suggesting the current temporary tax cut should be allowed to expire, which will amount to a 50 percent tax hike on workers making less than $106,000 per year.

He also said he opposes the president’s proposal to require millionaires to pay the same tax rate as the middle class, known as the Buffett plan. “Class warfare might make for good politics, but it makes for rotten economics,” Ryan said. (Read More.)

Because tax hikes are only okay when they are on the middle class. Right. NOW I understand.

A 50% tax hike on ME!? Are you fucking kidding me? I actually put money into this goddamn economy, you take 50% more of my money and that’s games, electronics, and food I can’t buy! I’m not hiding my money in offshore accounts, I’m putting it into my local retailer! That’s a reduction in everything I waste my money on that keeps this economic system limping along.

They call the rich these illustrious job creators, but you know how most of them got rich? From shmucks like me buying their products and services. You raise my taxes by 50% and they will get 50% less of my business, and not from lack of enthusiasm for their products and services. When their businesses receive 50% less of my money then they cut back production, which in turn cuts jobs. You want to get this economy back on track? Give people like me more money to piss away, that’s how stimulus works! Shit, that’s how economics works!

And he has the fucking gall to say it’s class warfare?

FUCK YOU! FUCK YOU! FUCK YOU!

-Joe

(via moorewr)

Filed under But not for millionaires Politics Tax hikes postsbyjoe economics raise taxes on the middle class