Pastor Lindsey Williams & Robert Litan & Grover Norquist: Obama To Tax Middle Class Into Oblivion! It’ll Take $9 Trillion In Cuts To Fix U.S. Debt. IT IS COMING – ‘$3 TRILLION TAX INCREASE ON MIDDLE CLASS’.

Thursday, December 6, 2012
By Paul Martin

Investmentwatchblog.com
December 5th, 2012

Grover Norquist – COMING – ‘$3 TRILLION TAX INCREASE ON MIDDLE CLASS’

“After raising taxes on the rich a little bit, the Democrats will come back for serious tax revenue,” he said.

“In acts two and three, the Democrats will come back for the real money – an energy tax and a value-added tax that will impact everybody, especially the middle class.”

Norquist insisted Democrats in Congress and the establishment press are playing an elaborate game designed to blame Republicans for budget deficits and keep serious discussion of spending cuts and entitlement reform off the table.

“Congressional Democrats know raising taxes on the rich will not produce enough tax revenue to reduce significantly the trillion-dollar annual budget deficits being run by the Obama White House,” he said.

“The reason the Democrats scream ‘tax the rich, tax the rich,’ is because they are going to pivot very soon to place a 3 trillion-dollar tax increase on the middle class, and they want ringing in the public’s ears that there wouldn’t have had to do this if the Republicans in Congress had acted right away to place a decent size tax on the rich.”

The Rest…HERE

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