Examples Of Conservatism Part I
Nov 23rd, 2009 by Frank Knotts
Back on March 19,2009, the U.S. House of Representatives voted to impose a 90% tax on the income of certain executives of financial institutions who had received federal funding during the bailouts.
Considering that the house is controled by the Democrats this is not all that remarkable. What is remarkable is that eighty-five Republican congressmen also voted to impose this tax.
Now it is not unheard of for Republicans to vote for tax increases, but normally this happens under pressure from a Republican president and as part of some budget deal that cuts spending in other areas. Neither was the case with this tax increase. There was no cuts to spending or of any other taxes to accompany this tax hike.
There was no economic necessity for this tax increase, it was nothing more than punishment for bonuses paid out to AIG executives .
Many believe that this bill was illegal, in that it violates the Constitution’s prohibition against bill of attainder, or laws that singal out specific people for punishment.
We would expect that the populist Democrats would vote for a bill such as this, but it is shocking that Republicans would. It is twice as shocking that none of these Republicans cared enough about free market economics let alone the Constitution to consider the long-term ramifications of such a tax bill.
By the way , for those of you that maybe don’t follow along as closely as some others, our very own Rep. Mike Castle of Delaware was one of the eighty-five Republicans that voted for this un-constitutional bill.
Just another example of Mr. Castle’s conservative credentials !!
Be looking for more examples coming in the future .
Ah ! Come on now! Where are all of Mr. Castle’s fans ? Why aren’t you telling me what a conservative move this vote was and why it demonstrates why we should re-elect him to the senate ?
I don’t know why there haven’t been any comments. It has been a top 5 post every day since you posted it.
David it demonstrates that many of those who “SUPPORT” Mr. Castle , do so merely for party reasons and not because he represents their views, many who would defend hime would have to contradict things that they have stated right here on this site . And as long as we vote for merely partisan reasons we will continue to send the same people back to office that have gotten us to the point we are at currently. Mr. Castle has shown no real sign of being a conservative bellwether in all of the years that he has been in office, I personally hold no hope of him becoming one , so why would I, as a conservative vote for him?
I don’t comment anymore because you are a moron who wants Joe Biden Jr. for the next 36 years.
cookie, if that is the best you can do for a reason to vote for Mr. Castle then do us all a favor and along with not commenting would you also stop voting!!