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Dem Tax Proposal Based On Politics Not Economics
 

Top Dem Admits Their Latest Tax Hike Proposal Is Not Based On Economic Calculations But Rather An Effort To Find A “Simple Argument” For Raising Taxes

SEN. CHUCK SCHUMER (D-NY): New Plan Is A “Clearer” Message That “Unites Our Base”


“At $250,000, [Schumer] Said, The Message Is ‘Too Muddled. It's Much Clearer At $1 Million. It Unites Our Base…’” “Schumer said the higher threshold also would make it far more difficult for Republicans to say no. ‘There's a strong view in the caucus that if we make the dividing line $1 million, it becomes a very simple argument: We are for giving the middle class a tax break; they're for tax cuts for millionaires,’ Schumer said Sunday. At $250,000, he said, the message is ‘too muddled. It's much clearer at $1 million. It unites our base and the independent voters we lost in this election.’” (“Democrats Push Obama On Tax-Cut Compromise,” The Washington Post, 11/29/10)

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Permalink Posted: November 30, 2010 at 9:33:52 AM EST