Thursday, March 13, 2008

Raising Taxes on the Wealthy

Congressional Democrats propose to raise income taxes on the wealthy. The catch is that "wealthy" is defined as any individual who earns more than $31,000 per year and any couple who earns more than $62,000 per year. They will also reinstate the 10% tax bracket on the first $7500 of income (which was eliminated by George Bush in 2001). So, Democrats have achieved their dreams of equality. Since Democrats raise taxes only on the wealthy and since they're going to raise taxes on everyone, even those who earn less than $7500, it must mean that everyone is wealthy. Happy days are here again!

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