Rudy blasted Hillaryโs tax hike plan yesterday calling it an โastounding, staggering tax increase.โ Good for him.
Hillaryโs been out proclaiming her government redistributionist message of โshared prosperity.โ Her growth-paralyzing solution? Increase taxes on Americans making more than $200K a year. This is France before Sarkozy stuff.
Incidentally, Hillaryโs tax hike plan would slaughter somewhere around 25 million small, owner-operated businesses. Howโs that for sound economic policy?
To his credit, Rudy stepped up to the plate and has taken her on. So far heโs the only major GOP candidate to do so. (Although in fairness, Fred Thompson did attack Democratic tax and spend redistributionism in his Stamford, CT speech last week.)
In New Hampshire just a few days ago, Senator Clinton also attacked President Bushโs โownership society.โ Playing that tired, old, class warfare card, Hillary says it has widened the gap between rich and poor. โFairness just doesnโt happen,โ she said. โIt requires the right government polices.โ
This is yet another example of income levelingโstandard, garden variety, lefty liberal, anti-growth, class-envy rabble-rousing.
History is clearโfree market capitalism works. It rewards successful work, investment, and risk taking. But Hillary remains unconvinced. She takes a different tackโshe wants to punish successful, hard working Americans. Forget about rewarding them.
This presidential contender wants to confiscate profits from energy companies and other corporations. And as Rudy reminded everyone yesterday, Hillary is on record as saying about the tax cuts, โWeโre going to take things away from you on behalf of the common good.โ
Sounds like socialism.
Her message is nothing new. Itโs an Old Europe prescription for economic stagnation that snatches the capital out of capitalism.
Weโve seen this show before. Itโs a Mike Dukakis message. Itโs Walter Mondale redux. (And on foreign policy, she is lurching to the nut-root left and adopting a McGovern message.)
By the way, Hillaryโs got company in her redistributionist tax hike plan. Both Edwards and Obama are calling for a big tax increase on U.S. families earning over $200K.
This is why I believe the Democrats are dooming themselves to defeat in 2008.






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