An Amazing Quote

I missed this when it happened, so I am posting it now. The American, the online magazine of the American Enterprise Institute, posted the following on March 29th:

Gov. Jerry Brown defended his new campaign website’s characterization of his proposed tax increase as “a millionaires’ tax,” even though it hikes levies on people who make more than $250,000 per year.

“Anybody who makes $250,000 becomes a millionaire very quickly, if you save,” Brown told reporters in Sacramento on Wednesday.

Brown said he had not yet seen the site, although it was promoted by his Twitter feed earlier in the day. The site calls his plan “a millionaires’ tax that asks the richest Californians to pay their fair share to help fund public education and vital public services, pays down the debt we owe to schools, and does not raise income taxes on the poor or middle class.”

The proposal, which Brown wants to place on the November ballot, would hike levies on incomes of more than $250,000 for seven years, and include a quarter-cent sales tax increase for four years.

“It is a millionaires’ tax. It taxes millionaires,” Brown said, but assured reporters he would check on the campaign’s assertion. “I’ll take a look at it and make sure that it’s the most accurate it can be.”

This is an amazing quote–the only place $250,000 equals $1,000,000 is in the minds of government officials who want to take more money away from the people who earn it! Giving more money to government will not solve deficit problems–those in power will simply spend more and continue to go deeper in debt. At some point we need to realize–IT’S THE SPENDING, STUPID!!!!!!!



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