Harry Reid on Obama’s ‘Tax the Rich’ Proposal: Finally Those Who Got America Into Debt Will Have to Pay
**Written by Doug Powers
Privately, DC Democrats like Harry Reid know they need and even depend on the rich, but publicly they reject them like red-heads at Danish sperm banks. That is unless they’re like Warren Buffett and play along in the “wink wink, nudge nudge” sense.
Reid spoke earlier about President Obama’s “jobs plan” and the tax increases for the wealthy contained therein. As someone who presided over the biggest spending Congress in history, Reid accepted his share of responsibility for the deep financial hole in which America finds itself. Just kidding — he blamed the debt on the rich not paying their fair share, which of course was Bush’s fault, and welcomed Obama’s plan to finally make the rich pay:
Senate Majority Leader Harry Reid (D-Nev.) on Monday said $3 trillion of the U.S. budget deficit was caused by tax cuts to the rich under the Bush administration.
Reid made the comment in floor remarks in which he welcomed President Obama’s plan to raise taxes on the wealthy to help reduce the deficit.
“More than anyone else, these millionaires and billionaires benefitted from Bush tax cuts and contributed $3 trillion to our deficit, to help plunge this nation into a financial hole,” Reid said on the Senate floor. “A balanced approach to reduce our deficit means those who have benefitted the most from policies that created our deficit should also help solve our deficit.”
Reid added that the plan is a “concrete strategy” that “calls on those who have benefitted from the tax policies that sunk this country deeper and deeper and deeper into debt to help get us out of this debt.”
Reading that you’d almost think Reid didn’t vote to extend the Bush cuts in 2010.
Every time you think you’ve heard the most ridiculous thing ever from Harry Reid, just wait another day and it’ll be topped.
**Written by Doug Powers
Twitter @ThePowersThatBeblog comments powered by Disqus
Obama peace partner Iran spends some of that ‘definitely not a ransom’ windfall showing off their boats to the US Navy
August 24, 2016 09:59 PM by Doug Powers
WH: Iran payment a ‘tough diplomatic strategy’ — State Dept: Hey, if you go to Iran, there’s a pretty good chance you’ll get taken hostage
August 22, 2016 08:08 PM by Doug Powers
Candidate promising to battle ‘urgent threat’ of climate change uses private jet for 20-mile trip (Open thread)
August 21, 2016 10:41 AM by Doug Powers
August 17, 2016 09:55 PM by Doug Powers
August 16, 2016 02:25 PM by Doug Powers