When Is A Tax Increase Not A Tax Increase?

Maria Bartiromo of CNBC asked elitist progressive Nancy Pelosi a good tough question.  The question was: "Does the expiration of the Bush tax cuts mean that there will be tax increases?"  Every American knows the answer is yes, except Pelosi.

"That wasn't a tax increase,'' Pelosi said. ”It is…eliminating a tax decrease that was there... It was controversial to begin with. It is... a boon to those who have had it for now. But I think that you will see that happen."

"That affects, what? The upper two percent of our population. What we're trying to do is lower... taxes for the middle class, relieve burdens... on business. So that we can be competitive in job creation. And I think you'll see some interesting things emerge-- from the conversations we're having now. ''

Pelosi was then asked about allowing those tax breaks to expire at a fragile time in an economic recovery.

"I don't think many people here see, nor do the American people see those tax cuts at the high end as being job-creating,'' Pelosi said. "They don't... think that that's part of the reason we're in the fiscal, the budgetary situation that we're in, because those tax cuts cost money. And... they were... a cost to our budget, without any commensurate impact on the economy for job creation. To return money to the treasury. So, nobody sees those as a job-creator."

"Return money to the treasury?" Did you get that? Taking money away from a small businessman who earned it--- and make no mistake, the vast majority of people who will suffer these tax increases are small businessmen and women --- so taking their money is "returning money to the treasury!"

America according to Nancy Pelosi letting a tax cut expire isn’t a tax increase.  It will look and feel like a tax increase when it affects your pay check.  Look at the socialist philosophy that the money is the treasuries i.e. governments.  NO Pelosi the money belongs to the hard working Americans.  Not to you to redistribute to the non productive. That is Pelosi socialism.

Join with us America to protect your rights, your country, and your money. We are ready to defend our rights and tell the truth the elitist progressive main stream media won’t tell you.  Comment here and email us at YourVoice@speaknowconservatives.org. Help us and be part of bringing our Great Christian country back. 

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Don't miss Part II tomorrow of Faithful's article Immorality & Homosexuality