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“Eric’s Zombie Lie”: Cantor Says It’s Time To Tax The Poor

House Majority Leader Eric Cantor justifies his latest big tax break for millionaires by dragging out an old, big lie.

CANTOR: We also know that over 45 percent of the people in this country don’t pay income taxes at all, and we have to question whether that’s fair. And should we broaden the base in a way that we can lower the rates for everybody that pays taxes. […]

KARL: Just wondering, what do you do about that? Are you saying we need to have a tax increase on the 45 percent who right now pay no federal income tax?

CANTOR: I’m saying that, just in a macro way of looking at it, you’ve got to discuss that issue. […] I’ve never believed that you go raise taxes on those that have been successful that are paying in, taking away from them, so that you just hand out and give to someone else.

Let’s just do this again, debunk that zombie lie. The more than 45 percent of people who “don’t pay income taxes” don’t pay federal income tax because they’re too poor!They pay federal payroll taxes. They pay sales taxes in most states. They pay a larger share of their income in taxes than rich people do. And they are students, and disabled people, and the elderly who don’t have income.

And you know who doesn’t pay income tax? Two dozen Fortune 500 companies that avoided corporate income taxes altogether in 2011.

And Eric Cantor says that we need to take even more money away from poor Americans and give it directly to “those that have been successful.” That’s the Republican version of redistribution of wealth.

10:57 AM PT: The Cantor NASCAR/NFL owners tax break just passed, 235-173. Ten Republicans voted no, one voted present, and 10 Democrats voted for it.

 

By: Joan McCarter, Daily Kos, April 19, 2012

April 19, 2012 - Posted by | Taxes | , , , , , , ,

1 Comment »

  1. […] “Eric’s Zombie Lie”: Cantor Says It’s Time To Tax The Poor (mykeystrokes.com) […]

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    Pingback by Class Warfare: Eric Cantor Reveals Republican Plan To Tax The Poor And Middle Class (VIDEO) « The Fifth Column | April 21, 2012 | Reply


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