Democrats’ new tax hikes, on top of 21 existing hikes, could send them over political cliff
Tuesday, July 17, 2012 at 1:50PM House Ways and Means Committee (screen snip) report on tax hikes.A July, 2012 report prepared by Ernst and Young and submitted to the U.S. House Ways and Means Committee suggests that if Democrats get their tax hikes from above average income earners, the Leftist party might end up going over a political cliff.
Democrats at present are throwing another tantrum over enabling tax hikes on upper income earners—according to President Barack Obama, individuals making $200k a year or more. If you think $200k is rich, you’ve never been around real wealth.
