Democrats go to War

The Dems seemed to have picked the summer season to go to war with their favorite enemy; the evil rich. It is hard for them to find a terrorist or dictator not to their liking, but the thrifty, productive, and successful bring out their battle flags.

As per usual, they have a bit of trouble figuring out their exact quarry ... $500K, $200K, even $75K the Democrats are far better with nearly anyone's money than the people themselves, so they feel it is a huge benefit to all if they can just get it away from those nasty folks that have managed to make it.

Subsidize what you want more of -- retirement of productive people, more ineffective union educators, scads of government union employees. Tax what you want less of -- business, productivity, income. Soon some Democrat will tell us that "the best years of the US are behind us" ... no doubt it will be Bush's fault!

clipped from www.washingtonpost.com Democrats Seek Formula To Blunt AMT House Democrats looking to spare millions of middle-class families from the expensive bite of the alternative minimum tax are considering adding a surcharge of 4 percent or more to the tax bills of the nation's wealthiest households. Neal has yet to release details of the plan, however, and others inside and outside the committee say major pieces of it are still in flux. Some Democrats say Neal's plan stretches the definition of the middle class too far, providing AMT relief to too many wealthy households. They argue that the cutoff for families to be spared from the AMT should be lower, at $200,000, $150,000 or even $75,000.