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   From: js@phendrie.con   
      
   The plan would make a liar out of Biden on a level reminiscent of George H.W.   
   Bush's betrayal of his "read my lips" tax pledge.   
      
   Ira Stoll | 9.13.2021 2:45 PM   
      
   Explaining a newly leaked House Ways and Means Committee plan to raise taxes by   
   $3,000,000,000,000, a Wall Street Journal news article reports, "Rep. Richard   
   Neal (D., Mass.), the committee chairman, has said that detailing tax-increase   
   plans too soon can give too much time for opposition to build."   
      
   Neal had explained his reticence to The New York Times in an interview by   
   comparing his behavior to a man trying to seduce a woman into marriage,   
   postponing full disclosure until the wedding guests are seated and the bride   
   has   
   been walked down the aisle. "I'm likely to hold off on the pay-fors until we   
   are   
   at the altar," Neal said.   
      
   Legislators with more respect for the deliberative process than Neal has may   
   want to dash for the chapel exit before it's too late. What does it tell you   
   about the Democratic leadership's view of the American public that they need to   
   keep their plans secret until the last minute, for fear that the public might   
   figure out what they are doing? Imagine how it would feel to be engaged to   
   Neal,   
   without knowing precisely what bad news he's planning to dump on you once the   
   wedding ceremony is underway.   
      
   The details that have escaped so far make it easy to understand why Neal was so   
   eager to keep them hidden from the public.   
      
   The most dismaying aspect is the brazenness with which it violates President   
   Joe   
   Biden's repeated promise not to raise taxes on anyone earning less than   
   $400,000   
   a year. As recently as September 3, Biden said, "Here's the thing you need to   
   know: We're going to deliver these investments without raising taxes one cent   
   on   
   anyone making less than $400,000 a year." He's been making that claim over and   
   over again: A June 28 op-ed: "Critically, we are going to get all of this done   
   without raising taxes one single cent on Americans who earn less than $400,000   
   a   
   year."   
      
   The details of the Neal plan, if implemented, would make a liar out of Biden on   
   a level reminiscent of George H.W. Bush's betrayal of his "read my lips" tax   
   pledge.   
      
   The Neal document "suggests increasing the tax rate for tobacco products and   
   imposing a tax on other products that use nicotine, such as e-cigarettes," the   
   Times reports. Will cigarette buyers be asked at the cash register whether   
   their   
   income is above or below $400,000 a year? Or do the "one single cent" and   
   "anyone" pledges have secret exceptions for smokers?   
      
   Likewise, the Journal reports that in the plan Neal was so understandably   
   reluctant to release, "The top rate would increase to 39.6% from 37%, with that   
   top bracket starting at $400,000 for individuals and $450,000 for married   
   couples." So the "anyone making less than $400,000 a year" category has an   
   exception for people married to someone earning $400,000 a year: for those   
   spouses, the tax increase kicks in once they earn a mere $50,000.   
      
   https://reason.com/2021/09/13/democrats-try-to-hide-a-3-trillion   
   tax-increase-from-voters/?utm_medium=email   
      
   You don't raise $3 trillion in additional taxes by taxing only those earning   
   more than $400,000.  This is a whopping tax increase on the middle class.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)