Ron Ramsey and Jason Mumpower are right

The repeal of the FONCE exemption is a tax increase, pure and simple. This is yet another report that quotes Farr's "tax haven" meme and the fact that a wealthy New York strip club owner utilizes the exemption. The Democrats' approach to repealing the exemption appears to be to characterize the exemption as an unfair benefit to the wealthy and to pull in the worst-possible character they can find to personify the issue.