Tax Lawyer's Blog

Tax-the-rich types never tire of lecturing us about the value of honesty in the tax debate. Yet, to a man, they refuse to call their plan to let the Bush tax cuts expire by it’s true name: A tax increase.

According to the Associated Press even Secretary of the Treasury Tim Geithner has chosen the deceptive route:

“It’s responsible to let the tax cuts expire that just go to 2 percent to 3 percent of Americans, the highest earning Americans,” Geithner told ABC’s “This Week” in an interview broadcast Sunday.

This is class warfare at it’s very worst and it’s divisive as hell.

Geithner – in addition to hiding the fact that he, Congressional Democrats and the White House desperately want to impose higher taxes on rich people – is cynically encouraging the majority of Americans to support the taking of property from a minority of Americans on the grounds that it won’t effect them.

We have seen this before, my friends.

If Congress chooses not to pass legislation that extends or makes permanent the current top tax rates, it will, by it’s inaction, be imposing a tax increase on a specific class of Americans. Anyone who tells you otherwise is lying through his teeth.

There simply is no difference in kind or in consequence between the active passing of a new law that increases tax rates and the passive resurrection of an old law that increases top tax rates.  

But pro-tax politicians and their enablers on the left will never admit this because it is not politically palatable for them to do so. Instead, they will continue to miseducate the public by telling it that they aren’t really raising anyone’s taxes, but rather merely denying tax cuts for the very rich.

And what is most galling is that they perpetuate this deception while scolding the rest of us for distorting the facts about taxes.

Tsk. Tsk.

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