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Monday 16 July 2012 - Filed under Uncategorized

Team BLUE openly advocates dragging the country back in to a recession if it doesn’t get its way. WaPo:

Emboldened by signs that GOP resistance to new taxes may be weakening, senior Democrats say they are prepared to weather a fiscal event that could plunge the nation back into recession if the new year arrives without an acceptable compromise.

In a speech Monday, Sen. Patty Murray (Wash.), the Senate’s No. 4 Democrat and the leader of the caucus’s campaign arm, plans to make the clearest case yet for going over what some have called the “fiscal cliff.”

Of course “acceptable compromise” means specifically raising taxes and making the “rich” pay their “fair share.” I mean is isn’t as if
“[t]he 10% of households with the highest incomes pay more than half of all federal taxes. They pay more than 70% of federal income taxes, according to the Congressional Budget Office” or anything. I mean, how dare 10% of income earners in the US pay a measly 70% of all federal income taxes taxes while over half of income earners in the US pay absolutely nothing? The nerve!

2012-07-16  »  madlibertarianguy