[Speed Gibson,
Monday May 9, 2005 at 7:52am]
The Truth Slips Out
The DFL may find that their advocate on KSTP's At Issue with Tom Hauser was a little too forthcoming. As I posted a while ago, Ember Reichgott Junge strikes me as much too happy about raising taxes.
It used to be that the "wealthy" were only to give up a portion of the tax "windfalls" they received a few years ago. Today, in defending the "profoundly stupid" Senate DFL proposal, she said it was only on those who received all those State and Federal breaks.
She in effect admits that in raising the top marginal rate by several percentage points, the "wealthy" will be net losers over the last ten years for their Minnesota taxes. But that's OK, because they received all those other breaks from President Bush's tax cuts, which they obviously didn't deserve either. If the Congress won't right that wrong, the DFL will.
She also said it was just a temporary tax increase, another strain on her credibility. I can recall only one such measure that actual did go away, a one year income tax surcharge. Even if it does sunset in two years as proposed, the DFL will be back the next time they think the cupboard is bare. And they will feel no more remorse than they do today.
It used to be that the "wealthy" were only to give up a portion of the tax "windfalls" they received a few years ago. Today, in defending the "profoundly stupid" Senate DFL proposal, she said it was only on those who received all those State and Federal breaks.
She in effect admits that in raising the top marginal rate by several percentage points, the "wealthy" will be net losers over the last ten years for their Minnesota taxes. But that's OK, because they received all those other breaks from President Bush's tax cuts, which they obviously didn't deserve either. If the Congress won't right that wrong, the DFL will.
She also said it was just a temporary tax increase, another strain on her credibility. I can recall only one such measure that actual did go away, a one year income tax surcharge. Even if it does sunset in two years as proposed, the DFL will be back the next time they think the cupboard is bare. And they will feel no more remorse than they do today.