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Orrin Hatch Thinks The Tax System Is Unfair Because It Doesn’t Tax Poor People Enough

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-05-11 08:32 PM
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Orrin Hatch Thinks The Tax System Is Unfair Because It Doesn’t Tax Poor People Enough
Orrin Hatch Thinks The Tax System Is Unfair Because It Doesn’t Tax Poor People Enough

In an effort to fend off Democratic budgetary proposals that include higher tax rates on the rich and corporations, Congressional Republicans are dusting off one of their favorite talking points: that America’s debt and deficits are caused entirely by spending and not at all by decreasing revenue streams. Senate Minority Leader Mitch McConnell (R-KY) made the argument on the Senate floor yesterday, saying: “We all know that raising taxes would stall the rebound we all claim to want. Let’s just admit we don’t have a revenue problem. We have a spending problem.”

Sen. Orrin Hatch (R-UT), the ranking member on the Senate Finance Committee, has been making the argument in a different way, pushing a recent report that 51 percent of Americans don’t pay any income taxes. To Hatch and his Republican colleagues, the report is perfect evidence that the rich already pay too much in taxes. The answer to that problem, as Hatch explained on MSNBC’s Daily Rundown today, is to revamp the tax code in order to make middle- and lower-class Americans pay their fair share:

HOST: Do you reform the tax code system? The president’s own fiscal commission came out and said that if we reform the tax code, you could save and add a trillion dollars.

HATCH: Well, Bastiat, the great economist of the past said, the place where you’ve got to get revenues has to come from the middle class. That’s the huge number of people that are there. So the system does need to be revamped. As far as, I think I made the point that if you just go with what the president says about the wealthy, you might get $36 billion compared to the $1.5 trillion expenditure this year, or should I say deficit this year. And the problem with that is that you hit about 800,000 small businesses where the jobs are created that would hopefully get enough people to pay taxes. So, yeah, we have an unbalanced tax code that we’ve got to change.

I tell you, if we get control of that committee, the Finance Committee, I intend to see that it’s changed. Not to hurt the poor. We should help the poor. But to make sure that there’s a civic duty on the part of every one of us to help this government to, uh, to be better.

Watch it:
http://thinkprogress.org/2011/05/05/orrin-hatch-tax-poor-people/
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-05-11 08:35 PM
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1. Corrupt bastards.
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sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-05-11 08:36 PM
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2. Republican mantra, give the rich more of the poor people's money.
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TheWraith Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-05-11 08:43 PM
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3. ...


Some days, it's REALLY hard to resist the impulse to start burying Republicans under the back porch. For the good of humanity.
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-05-11 08:50 PM
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4. Uh, Orin, theres a reason 51% dont pay federal income taxes
They dont make enough money to owe taxes you dumbshit!
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Urban Prairie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-05-11 08:55 PM
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5. Rethugs are doing their very best to ensure that that so-called HUGH number of middle class citizens
Edited on Thu May-05-11 08:57 PM by Urban Prairie
Are paid less, taxed more and their net take home pay cannot offset the rising cost of living, so that there are more working poor or working more than one job, if they can find a job, much less two or *three in the first place.

* Uniquely American, isn't it? I mean, that is fantastic that you're doing that!! (Applause.)

Get any sleep? (Laughter.)

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Rincewind Donating Member (682 posts) Send PM | Profile | Ignore Thu May-05-11 09:45 PM
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6. Did Orin happen to mention
the 70% of corporations that don't pay any federal income tax?
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