Unconstitutional 'Super Committee' Proposes 1.3 Trillion in New TaxesSubmitted by emalvini on Thu, 10/27/2011 - 14:29
Unconstitutional 'Super Committee' Proposes 1.3 Trillion in New Taxes
In order to pay back the bankers for money created out of thin air by the Federal Reserve and then loaned to Congress so it can continue to wage mass murder campaigns and pay for old ones, the Democrats want – surprise, surprise – to significantly raise taxes.
“Democrats have proposed a framework for the Super Committee that multiple aides confirm is around $3 trillion in deficit reduction over the next decade through a cocktail of cuts to entitlements, including Medicare, and as much as $1.3 trillion in new tax revenues,” ABC reported yesterday.
In order to sell a massive tax increase, Democrats will oppose cuts to Medicaid and Medicare and demand taxes on the so-called rich (now defined as a person who makes $250,00 a year).