Last updated on April 19th, 2013 at 07:00 pm
Speaker of the House John Boehner showed who he really sympathizes with by calling for more ‘tax fairness’ for millionaires to the tune of a $200,000 tax cut.
Here is the video:
In his call for “tax fairness” Boehner said,
This is Senator McConnell’s infamous “Red Tape Tower.”
It’s 20,000 pages high, seven feet tall, and includes all of the regulations generated by the president’s health care law.
Now take a good look. Now picture this: FOUR of these.
Our tax code is four million words long. Add to that the regulations, explanations, annotations, and more, and there are 74,000 pages.
And just like ObamaCare, our tax code is a headache for families and workers, and it’s a nightmare for small business owners.
That’s why Republicans want to fix it.
Our balanced budget not only repealed ObamaCare and its 21 tax hikes – it laid the groundwork for a fairer tax code.
Closing tax loopholes and lowering rates will mean more jobs, higher wages, and a stronger economy.
Speaker Boehner tried to hide his intentions with vague mentions of closing tax loopholes, families, and workers, but what he was really referring to can be found in the House budget.
When Boehner mentioned lowering tax rates, he was referring to lowering tax rates for the wealthiest Americans from 39.6% to 25%. According to the House budget, millionaires would receive a $200,000 tax cut in 2014. The House budget also repeals the Alternative Minimum Tax (AMT), and lowers the corporate tax rate from 35% to 25%. Even worse, the House wants to “fix” our tax code by raising taxes on middle class families by an average of $3,000 a year. (The problem that Boehner and his fellow House Republicans are trying address is that they think the rich are overtaxed, and everyone else should be paying more.)
Congressional Republicans are still trying to fool the American people into supporting their agenda by leaving out key details. Conceptually, tax fairness sounds very democratic. Fairness is a value that appeals to most people, but Republicans have redefined fairness to mean the people at the top pay less while everyone else pays more.
Republicans aren’t trying to appeal to the American people. They are trying to trick them. By leaving out the details, Boehner was trying to deceive people into supporting something that would be economically detrimental to them.
If what Boehner is trying to pull seems sleazy, that’s because it is. Speaker Boehner knows that the devil is in the details, which is why he tried to leave the details out.
Awards and Professional Memberships
Member of the Society of Professional Journalists and The American Political Science Association
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