By Pat Buchanan
At the Potsdam conference with Harry
Truman and Josef Stalin, Winston Churchill learned that the voters of the
nation he had led for five years through World War II had just voted to throw
him out of office.
"It may well be a blessing in
disguise," said his wife Clementine.
"At the moment, it seems quite
effectively disguised," replied Churchill.
Republicans must feel that way today.
For they have survived their own Dunkirk. They may have left their helmets,
canteens and rifles behind, but they did finally get off the beach.
That Republicans suffered a rout, as the
British did with the fall of France and evacuation at Dunkirk in 1940, is
undeniable.
The party that blocked tax increases
since George H.W. Bush agreed to raise Ronald Reagan's top rate of 28 percent
to 35 percent, thus repudiating his "no-new-taxes" pledge, just
signed on to one of the largest tax increases in history.
Payroll taxes on working Americans will
rise by a third, from 4.2 percent of wages and salaries to 6.2 percent. For
couples earning $450,000, the tax rate rises from 15 to 20 percent on dividends
and capital gains, and from 35 to 39.6 percent on ordinary income. The death
tax will rise from 35 to 40 percent on estates over $5 million.
Obamacare will push those rates up
further. And now we learn the bill was stuffed with tax breaks for windmills,
NASCAR owners and Hollywood.
Why did Republicans go along?
Had they not, taxes would have risen for
everyone. And Obama would have…
Source: Town Hall
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