Tuesday, June 28, 2011

TAX THE RICH

Gov. Mark Dayton's-tax the-rich philosophy will not create one job or help to expand Minnesota's business economy. He wants to give everyone a fish when we should be giving everyone a fishing pole (i.e., a job).

Free-market thinkers like those in the Tea Party know this, and that is why they have much in common with the most successful in our state. 

Democrats at every opportunity claim that Bush's tax cuts "are only for the wealthy". This is an outright lie and the liars should know better. The tax rate for the highest earners dropped from 39% to 35% to give an 11% reduction in tax dollars and the tax rate for lowest earners dropped from 15% to 10% to give a 33 1/3% reduction in tax dollars. There are no special loop holes or write-offs for the  wealthy as is often said.

Those who want to soak the rich demonstrate "Class Envy". I report U decide.

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