Surprise! John Kerry Plans Clinton Style Tax Hikes
Kerry has been saying all along he only plans on raising taxes on the rich, well it looks like Kerry finally told us what he defines "rich" as.
In a speech yesterday, Kerry told his audience that he plans to follow Bill Clinton’s model and do, “thesame thing that we set out to do in 1993, and I was there and I voted for it, I know how we did it.”They “did it” with the largest tax increase in American history.
John Kerry voted twice in 1993 for Bill Clinton’s tax bill, which the late Democratic Senator DanielPatrick Moynihan (D-NY) called the “biggest tax increase in history.” The legislation hit the middle classhard, increasing the marginal tax rates for those making between $30,000 and $100,000 per year andraising taxes on gasoline and social security. Kerry said that he is “proud to have supported and votedfor (Clinton's) economic plan.”
Of course I didn't see anything about this on the news yesterday. And haven't seen anything about this on the standard news stations. I found this story from a conservative news site. We probably won't see this on the alphabet stations because well they are kissing Kerry's ass and this doesn't bode well for him. I was so happy with Bush's tax cuts last year that got rid of the marriage penalty taxes, for the first time in 9 years we actually got money back from the Federal. So if Kerry gets elected not only will we get penalized again for being married but we will get extra taxes on top of that.
On the bright side, at least Kerry hasn't flip flopped on this issue, yet.