Thursday, April 26, 2012

Eric Cantor Says Poor Folks Should Pay More Taxes

Derek Thompson:
Should we raise taxes on richer Americans? Eric Cantor has a clear answer. Absolutely, 100% no.

Should we raise taxes on poorer Americans? Eric Cantor has a different answer: "You've got to discuss that issue."

Here's the fuller quote, via Tim Noah:
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 rates for everybody that pays taxes.
What a dickhead.  I'm pretty well off, and Eric Cantor thinks I should never pay more than 15% taxes on my dividend income, but people who don't make almost anything are getting too good of a deal because they only pay 7.65% of their income in payroll taxes, with another 7.65% kicked in by the employer.  Wow, that makes sense.

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