If you believe the rhetoric Carol Seiu-Porter and Paul ‘Hot Dog’ Hodes are bulwarks of the middle class lifestyle and protectors of the elderly. So what would they make of this, from a letter sent to Nancy Pelosi on Tuesday?
A number of tax cuts enacted in the past decade are due to expire at the end of this year. Our fiscal policy should be one that maximizes economic growth and private sector job creation. That is why we strongly believe that Congress should extend the current tax rates for dividend and long-term capital gains taxes…We [] have a responsibility to protect middle class families and seniors from harmful tax increases and their economic impact…
Many seniors depend on this income to supplement their fixed retirement income. A recent study found that in 2007 over 27 million tax returns had dividends qualifying for the reduced tax rate reduction. Of those returns, 61 percent were from taxpayers age 50 and older and 30 percent were from taxpayers age 65 and older.
Would they say it’s just a ploy by the authors to excuse an extension on tax cuts for the wealthy? Could we expect promises to fix it, whatever it was that needed fixing, after the fact? Or would they simply dismiss it and ignore the consequences to the elderly and those nearing retirement like they did with health insurance reform?
So what would they say if the letter was sent to Nancy Pelosi by 47 House democrats?
The economic relationship between government, the private sector, and the people, has been the object of much debate as democrats try to convince people that spending trillions we don’t have has some kind of payoff at the other end. The fact that we can’t see that "end" and none of their predictions have come true fuels the fires of the opposition while encouraging proponents to claim we just need to wait a bit longer–or spend a few trillion more.
A bunch of Linden LaRouche democrats show up at Tea Party rallies with Obama Hitler signs and the progressive left tries to blame the Tea Party.
