Democrats Propose Tax Surcharge for War
WASHINGTON (AP) - Democrats on Tuesday proposed an income tax surcharge to finance the approximately $150 billion annual cost of operations in Iraq, saying it is unfair to pass the cost of the war onto future generations.
The plan, unveiled by Reps. David Obey, D-Wis., John Murtha, D-Pa., and Jim McGovern, D-Mass., would require low- and middle-income taxpayers to add 2 percent to their tax bill. Wealthier people would pay an additional 12 to 15 percent, Obey said.
The plan, unveiled by Reps. David Obey, D-Wis., John Murtha, D-Pa., and Jim McGovern, D-Mass., would require low- and middle-income taxpayers to add 2 percent to their tax bill. Wealthier people would pay an additional 12 to 15 percent, Obey said.
posted by BP News Bureau | 12:48 PM
2 Comments:
This is just proof that Democrats are tax-happy. If they really wanted to end the war quickly, they should reverse their percentages. Make the poor and middle-class pay 12 to 15 percent and let the wealthy pay 2 percent.
Actually, the revenue in either case would probably be a wash.
Have you ever met a Democrat that WASN'T tax happy? :)
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