Tag Archives: tax increases

Empty Votes, Dangerous Promises

BY JOHN FEEHERY
Reprinted from TheFeeheryTheory.com

It was a good thing that the Senate finally passed a budget last week. I guess.

The Senate budget resolution was unique in that the Upper Body passed a budget resolution before the President actually proposed his own budget, probably for the first time in history.

And the fact that the Senate passed a budget seemed like a novelty because the world’s most deliberative body has been so deliberative that it hadn’t bothered to take this action required by law for almost a half a decade. Continue reading →

Shared Sacrifice of Rich, Poor

BY JOHN FEEHERY

Reprinted from thefeeherytheory.com

In the context of the debt limit, Democrats have been pushing for tax increases because they want to punish the rich. They believe that because the so-called rich pay only 80 percent of the tax burden that they should be forced to pay more.

In their view, the only way to really inflict shared sacrifice is through the tax code.

The problem with that assumption is that it isn’t true. There are plenty of ways to include rich people in the shared sacrifice without raising taxes one dime.

Continue reading →