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Liberal Democracy

Liberal Democracy
The Free State

Friday, September 21, 2012

Human Events: Harsanyi: Tim Kaine: "I Would be Open to Some Minimum Tax for Everyone"

Harsanyi: Kaine: 'I would be open to some minimum tax for everyone'

Translation people who live in poverty but who work, would be subjected to the Federal Income Tax. Meaning they would lose their Earn Income Tax Credit or part of it, the EITC is designed to encourage Low Income. Low Skilled people to work, rather then collect all of their income from Public Assistance, this would be a Tax Hike on the poor who can't afford it right now, just like the Middle Class can't afford a Tax Hike. Either and this position by Tim Kaine could cost him support from Leftist Democrats that he also needs to win this election.