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Jack Cafferty Discusses the Largest Tax Hike in History on CNN

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Uploaded by on Jul 8, 2010

The largest tax hikes in the history of America will take effect in January 2011. Jack Cafferty on The Situation Room with Wolf Blitzer on CNN uses Americans for Tax Reform's popular blog post ( http://www.atr.org/sixmonths ) which details the coming tax increases to tell America what is in store.
For more information visit http://www.atr.org

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  • for the unemployed all 9 million, you not need worry as you don't and won't have a job until the communists are out of office!

  • Lol Wolf...we're not kidding that was a serious answer....

  • @Drumboy5165 Holy shit! Where have you been during this discussion?

    Go do some research on the "flat tax v/s progressive tax" issue.

    I will waste no more time on you.

  • @Drumboy5165 I wondered how long it would be before you took refuge in just chucking around labels.

  • @Drumboy5165

    I would love for you to think for yourself. I just haven't seen any evidence of it.

    I have seen your stats quoted over and over by Rand Paul, Ron Paul, by interviews on Fox Fiction, & from Beck & Limbaugh, & from right wing publications.

    No one believes for one second that you "thought them up by yourself" or researched the tax department or census reports.

  • @Drumboy5165 Your example demonstrates a usual misconception.

    Even with a progressive tax syst. a 20 hr/wk difference, assuming anything like a comparable wage, should normally make little or no difference in the applicable tax rate.

    Where significant differences come in is between incomes, for example, of $50K per year and $50 million per year.

  • @megarational Anyhoo, thanks for the sort of debate, we will get there soon enough because the problem with spending others money is sooner or later they run out of it.

    Peace Brother!!

  • @megarational Have you gone to the IRS web site and verified the data I provided to you? 50% pay no income tax. The IRS is not posting artificial data, it is the truth. Why should, let's say I, pay 2x the taxes because I work 60 hours a week and good old Billy over there cannot wait to stop at 40 hours, if that? The logic of your argument is skewed by the assumption that people who make more aren't paying their fair share...it is the 50% who are not paying their fair share...the liberal way.

  • @megarational If you read carefully what I stated is that everyone should be taxed equally. Why are you so bent on taxing people who make more at a higher rate? Seriously? This is basic common sense and logic that dictates equality. The Constitution claims equality for everyone here, except if you make more that Billy the couch potatoe over there. Then you have to pay more so he doesn't pay at all.

  • @megarational I highly doubt you will educate me on any portion of the tax code for one, There is nothing that "sucks anyone in" about the flat tax...it is basic intelligence that the need for one exists.

    I can see now that you are quite liberal by your arguments, If I am wrong then you are a progressive.

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