Raise These Taxes On The Rich

By | November 19, 2012

[C]all for an end to the deductibility of mortgage interest above $500,000.  The burden of paying this new tax would mostly fall on people who live in high cost “Blue” states and other wealthy swells who live in districts that voted overwhelmingly for Obama.  The next order of business would be to reinstate  the excess profits tax on the  Hollywood’s movie and entertainment industry.  Make the Democrats defend Kim Kardashian over local small business people.  Continue with the theme of excess profits taxes and go after another unpopular sector of American society: lawyers.  Tax contingency fees for legal judgments over $10 million and force Democrats to defend their rich lawyer allies. Finally, end the deductibility of local and state taxes so that the vast majority of Americans in lower tax states are not forced to subsidize the reckless and profligate spending of the “Blue” state politicians and public employee unions.  If they want to persist with bankrupting their states, that’s fine, but the rest of us don’t need to help fund it.

I mean, if you really want to hit the rich, hit the ones that are your political opponents, right? Cia Waging A Scorched Earth Political War Over the Fiscal Cliff | Alan Charles Itzkoff – the Conservative Top 10.