Munger for NC Governor--2008!!

Recording the campaign activities, events, and happenings of the Munger for Governor campaign.

Thursday, January 11, 2007

Tax, Spend, and Elect

Wow. About Henry M. Paulson...

"As Bush's third secretary of the Treasury, he has engaged in secret
bipartisan talks discussing an increase in the current $97,500 limit on
personal income subject to the Social Security payroll tax. That would spike
up the top marginal tax rate, demolishing supply-side tax principles that
Republican administrations have purportedly followed for 26 years...One
well-placed House Republican, asking that his name not be used, expressed
alarm that a financier who sold $485 million worth of Goldman Sachs stock in
order to be confirmed at the Treasury cannot appreciate how the payroll tax
ravages self-employed businessmen and farmers." -- Robert Novak



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