Senate Finance Committee Chairman Proposes Raising Taxes on People Who Make Over $104,000

  The president promised that he would only raise taxes on people who made over $250,000 and the president also promised that 95% of Americans would see a reduction in taxes. Both of those promises were broken on April 1st when the cigarette tax was increased, but that is neither here nor there. We all knew that the president’s promise not to raise taxes was bullshit.

  While campaigning, the president told every American who was listening that he was going to raise taxes, but he promised to only raise them on a certain group. As I stated above, that simply wasn’t true. But now that an admitted tax raiser is president it is only natural that more politicians would try to raise taxes.

   If a man can promise to raise taxes and still be elected it tells our elected officials that we are open to tax increases. This naturally leads to the government slowly extending the tax increases out to more and more Americans. After all we did vote for tax increases last November.

  During the campaign at one point Joe Biden claimed that no American who earned over $150,000 would see a tax increase, that is $100,000 lower than the number that the president had claimed would not see a tax increase. This was written off as just a mistake, a slip of the tongue.

  But was it? Was there truth behind what Biden said? Did Biden let the cat out of the bag?

  Perhaps Joe Biden knew what he was talking about for once. Senator Max Baucus (Democrat), who chairs the  Senate Finance Committee, which in turn writes the federal tax laws, has introduced legislation that would increase taxes on anyone who makes over $104,000. Simple math tells us that that is less than half of the amount a person could earn before the president promised would see a tax increase.

  Maybe Joe Biden knew what the plan was all along and in a moment of candor he spoke out of line and accidentally spilled the president’s true goal in regard to tax increases. Surely this senator wouldn’t propose raising taxes on a group that is in direct contrast to the promise that the president made during the campaign without the president’s approval would he?

  The president’s promise to only raise taxes on those who make over $250,000 was never feasible, the numbers never added up so slowly but surely the number came down to the point where Biden made the reference to those who make under $150,000, he was softening the blow, and now the number has crept even lower. But this time the person proposing the legislation is in charge of writing tax laws so this is more than mere campaigning and pandering, this is probably about to become law.

  The president is smart, he still sticks to his claims about those who will receive tax increases. He still claims that nobody who makes under $250,000 will see a tax increase even as the department which writes tax laws is slicing that number in half.

  In the end he will claim that HIS proposal would not have raised taxes on those who make under $250,ooo but that he couldn’t have foreseen the dire economic outlook. He will claim that he had to give in to the Baucus legislation even though he didn’t want to. It is for our own good.

  This is what happens when people vote in a person who admits that he is going to raise taxes. It gives the person in question the impression, and rightfully so, that the people are willing to be taxed at a higher rate. The politician can not then be blamed when he raises taxes for he is just doing what he promised to do. And in the end if he raises taxes on more people than he promised to he is just taking a little liberty with the mandate he feels he was given.

  To the people of America I say, you asked for higher taxes and now you are going to get them. I hope that you are happy.