Top House Dem Steny Hoyer Calls For Tax Hikes On 99% Of Americans
Posted in the Holland Forum
#1 Feb 21, 2013
House Minority Whip Steny Hoyer, D-Md., called for an income tax increase on the 99 percent of Americans whose rates did not go up under the fiscal cliff deal, a hike that he proposed alongside entitlement reforms as part of a balanced plan to resolve the countrys fiscal crisis.
Closing loopholes is like getting rid of fraud, waste, and abuse it sounds nice, until youve got to deal with it politically, Hoyer said on MSNBC.I was for the Clinton rates. Im for the Clinton rates, today. Now, I wouldnt phase in the Clinton rates immediately, because the economy is still trying to get back, so I would perhaps go at least another year until you get the full Clinton rates.
The other 1% consists of Democrats, Hollywood and unions.
We already know the Democrats main priority is to make sure the welfare checks/EBT cards and food stamps get paid out on time, hence the need for more tax revenue.
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