Bob CollinsThere’s a seemingly endless political loop playing. Rep. Michele Bachmann says something controversial on one of her national media appearances. The Democrats send out a news release pointing out her statements and asking for cash. Rep. Bachmann counters with a fundraising e-mail letter.
Here’s the version that just arrived:
The Democrats claim they just want the “rich” to pay their fair share. But, we all know their definition of rich includes more and more middle class Americans each year. Just ask any struggling family farmer who worries about the cost of the death tax. Or ask any middle class family that suddenly realizes it has to pay the Alternative Minimum Tax (AMT).
The Democrats’ wealth redistribution scheme can’t continue on this runaway path. Sooner or later, they’ll be coming after you too.
And, because I dare to say so, they’re targeting all their resources to defeat me. They’ll stop at nothing to take your voice away in Congress.
On the AMT issue, the Cleveland Plain Dealer reported last week that 18 percent more filers will escape the tax this year.
If some of the stopgaps from recent years hadn’t been passed, according to Brookings, about 37 percent of households with adjusted gross incomes of $50,000 to $75,000 would have had to pay AMT in tax year 2010, as would 73 percent of those with incomes of $75,000 to $100,000.
