Taxing the Rich is Class Warfare
” width=”250″ height=”321″ />Happy Day to you!!!!!
I am sitting on the House Floor listening to the DFL filibuster their way out of doing any work. These past couple of days I came to the realization that their tactics are much like my own children’s. I am sure you can relate.
For example, I will tell my children to clean their bedroom and they will go on and on talking about anything, anything but cleaning their bedroom. The thing is, if they would just not argue, debate, and try to do anything but clean their room, the room could have been cleaned with the amount of time that was wasted. Good times, good times.
Government is growing. It’s growing, and growing, and growing. On the other hand, so is our revenue. We are taking in almost 3 billion more than last biennium. $3 billion more that YOU that taxpayer paid into the great State of Minnesota.
But for some, cough cough the DFL, it’s not enough. 3 billion is not enough so their answer is to tax the so called “rich”. They call it “paying their fair share” and I say it’s “taking the easy way out”. Why do I say that you may ask….because it’s easy to not cut back government.
It’s much easier to go to someone else to get more money to grow programs while also expanding eligibility.
And while Governor Dayton and the DFL are just asking the top 2% of Minnesotans to “pay their fair share” it would make MN the 2nd highest tax rate in the nation and the 3rd highest taxed state. (Hawaii and Oregon would be ahead of MN) So, we tax the top 2% and continue to grow government. But since government is growing faster than the amount we take in, eventually we will have to tax more than the 2%. Slowly but surely, this taxing “the rich” will creep into the middle class and beyond.
Since 1960 government has grown 450% (and this number has been adjusted for inflation and is a bit on the conservative side). Point is, taxing our way into prosperity isn’t going to work. This idea of “taxing the rich” is class warfare. It’s an ideological war and we must fight it.
District 11B is full of hardworking Minnesotans who will not be dependent on the government and who believe that government is not the answer. The answer lies in YOU and that’s why we are going to pull through. Thank you for all your hard work. Because of you – our State Checkbook has 3 billion more dollars to
spend than last biennium.
Session just got done. It’s almost 3 am so I will close this update but thank you for all your hard work. You make Minnesota a great place to live.
I have to disagree. Bringing the wealthy tax percent rate up closer to that of the poor and the middle class is not class warfare.
Although, allowing the rich to pay a lower tax rate while cutting the budget for education and health and human services is definitely class warfare!!
Nickoel, your position presumes that “the rich” are taxed at a lower rate than other tax payers. As with most DFL talking points, this is not based in reality. Here are the facts.
Minnesota currently has three tax brackets, with “the rich” already paying the highest rate: 5.35%, 7.05% and 7.85%.
During tax year 2010 for a married couple filing jointly, their first $33,280 of taxable income is taxed at 5.35% followed by 7.05% for $33,281 to $132,220 and 7.85% for $132,221 or more.
The fact is that “the rich” and middle class already pay a disproportionate amount of the taxes in Minnesota; more than their “fair share” in fact.
See: Minnesota Income Tax Brackets