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With Fiscal Cliff Looming, Boehner Takes Millionaires’ Tax Off The Table
11-06-2012, 09:18 AM
Post: #1
With Fiscal Cliff Looming, Boehner Takes Millionaires’ Tax Off The Table
With Fiscal Cliff Looming, Boehner Takes Millionaires’ Tax Off The Table
By Pat Garofalo on Nov 6, 2012 at 9:40 am

<..> [Boehner's] not willing to even consider hiking taxes on people making more than $1 million — something that’s been floated in the past as a possible compromise by members of both parties.

“We’re not raising taxes on small-business people,” Boehner told POLITICO during an interview in an Italian restaurant here. “Ernst and Young has made this clear: It’s going to cost our economy 700,000 jobs. Why in the world would we want to do that?

Boehner also told National Journal, “I think it’s important that we avoid the fiscal cliff, but that doesn’t mean I’m interested in raising tax rates and killing jobs.”

Conflating small businesses and millionaires is a favorite tactic of Boehner’s, but has no basis in reality. Less than 1 percent of small business owners are millionaires, meaning the vast majority would be untouched by a tax increase on income above $1 million. Plus, even if a millionaire owns a small business, he or she should be taxed like a millionaire, not given special treatment for how that million was earned.

http://thinkprogress.org/economy/2012/11...lionaires/

SpeakerB out there spreading the propaganda. He's going to lose some of his power in the House after the election.....bluster on.

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11-06-2012, 09:56 AM
Post: #2
RE: With Fiscal Cliff Looming, Boehner Takes Millionaires’ Tax Off The Table
That would actually solve the problem, obviously, Boehner is not interested. They don't want to solve the problem, they just want it as a talking point. Like the dog that chases moving cars, they just want a reason to make noise and be annoying.
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