Lawmakers have announced their plan to make Americans pay an additional war tax that will be taken directly from their income, never mind the fact that around 36 per cent of federal taxes already go to paying for national defense.
“Regardless of whether one favors the war or not, if it is to be fought, it ought to be paid for,” the lawmakers, all prominent Democratic allies of Obama, said in a joint statement on the “Share The Sacrifice Act of 2010
The tax would apply to anyone earning as little as $22,600 per year in 2011
Share The Sacrifice Act of 2010
-----------------------------------------------------
Additional Details:
The group included House Appropriations Committee Chairman Dave Obey; Representative John Murtha, who chair that panel's defense subcommittee; and House Financial Services Committee Chairman Barney Frank.
The proposal would impose a war surtax on income beginning in 2011 -- though it would allow the president to delay implementation by one year upon deciding the US economy is too weak to sustain such a tax shift.
If the war is not paid for, its costs "will devour money that could be used to rebuild our economy by fixing our broken health care system, expanding educational opportunities and job training possibilities, attacking our long term energy problems and building stronger communities," they said.
^---- Instead of levying a new tax. Why not just end the war to save the money?
Anyone have any thoughts on this? I doubt it could become law giving the current political climate, but it has been introduced none the less.
Would you be willing to pay an additional "War Tax" on top of the 36% of your taxes that already go towards defense spending?
“Regardless of whether one favors the war or not, if it is to be fought, it ought to be paid for,” the lawmakers, all prominent Democratic allies of Obama, said in a joint statement on the “Share The Sacrifice Act of 2010
Influential US lawmakers on Thursday called for levying a new income tax to pay for the war in Afghanistan, warning its costs pose a mortal threat to efforts like a sweeping health care overhaul.
Share The Sacrifice Act of 2010
-----------------------------------------------------
Additional Details:
The group included House Appropriations Committee Chairman Dave Obey; Representative John Murtha, who chair that panel's defense subcommittee; and House Financial Services Committee Chairman Barney Frank.
The proposal would impose a war surtax on income beginning in 2011 -- though it would allow the president to delay implementation by one year upon deciding the US economy is too weak to sustain such a tax shift.
If the war is not paid for, its costs "will devour money that could be used to rebuild our economy by fixing our broken health care system, expanding educational opportunities and job training possibilities, attacking our long term energy problems and building stronger communities," they said.
^---- Instead of levying a new tax. Why not just end the war to save the money?
Anyone have any thoughts on this? I doubt it could become law giving the current political climate, but it has been introduced none the less.
Would you be willing to pay an additional "War Tax" on top of the 36% of your taxes that already go towards defense spending?
Comment