Norquist: Tax The 'Rich' Is The Slogan
By Grover Norquist
President of Americans for Tax Reform
Politicians love to threaten to raise taxes on the rich. On the “other.”
However, over time taxes on the rich “trickle down” to the middle class and the poor. Remember the 1898 “Spanish American War Tax” on long distance phone calls. Only the rich had phones and called long distance. That tax lasted over 100 years and for most of its life hit more than 90 percent of the American people. Poor people make phone calls. The Alternative Minimum Tax (AMT) was designed to tax 115 rich Americans or companies that had no tax liability. Now it hits millions and without the “patch” would hit tens of millions.
And Obama’s promise never to raise any form of taxes on anyone earning less than $250,000? Sixteen days into his presidency he increased taxes on cigarette smokers. The only smoker who earns more than $250,000 is named Barack Obama.
Tax the Rich is the slogan...then trickle down taxes turn that into “tax everyone.”
At least this is a distraction from discussing Obama’s war on jobs