yesterday jon stewart pointed out one of republicans most nefarious arguments:
raising taxes on the top tier of earners will 'only' raise 700 billion dollars over the next 10 years. so it's not worth it b/c its just a drop in the ocean, a grain of sand in the sahara, it just won't do much for the debt. that's the republican spin on it.
but when talking about cutting services, you could cut a WHOPPING 1 million from the national endowment of the arts, a MASSIVE 1.2 million from NPR...
'broaden the tax base' is a big one too. this is frank lunz at his best. broaden the tax base is just code for taxing the poor more. hello?? i mean a whopping 99.6% of poor people have refrigerators... psssst!!! how dare they...
it's not like 100% of rich people have 3 refrigerators, AND a wine cellar.... wait...
he points out that the 50% of poor people who don't pay taxes only own around 2% of the total value of the economy. or 1.4 trillion dollars. let's just take half.
that'll be a whopping 700 billion dollars!!!! sound familiar??? that's exactly what could be raised by returning tax rates for the ULTRA RICH to 1990s levels. and the economy was BOOMING....
but no. republicans seem to be fixated on the idea that it's class warfare ONLY when trying to make 2% of the population pay more.
when it's taking from 50% of the population, or 'the poor', it's broadening the tax base, and it's GOOD for the ecomony.
it's class warfare alright.... and if we let republicans get their way the POOR, who are defined as a family of 4 who make less than 22thousand per year, will be the ones to really suffer...
the rich won't suffer by paying more taxes... they might not get that government handout to buy a private jet, but at least they'll still have their bentleys....
raising taxes on the top tier of earners will 'only' raise 700 billion dollars over the next 10 years. so it's not worth it b/c its just a drop in the ocean, a grain of sand in the sahara, it just won't do much for the debt. that's the republican spin on it.
but when talking about cutting services, you could cut a WHOPPING 1 million from the national endowment of the arts, a MASSIVE 1.2 million from NPR...
'broaden the tax base' is a big one too. this is frank lunz at his best. broaden the tax base is just code for taxing the poor more. hello?? i mean a whopping 99.6% of poor people have refrigerators... psssst!!! how dare they...
it's not like 100% of rich people have 3 refrigerators, AND a wine cellar.... wait...
he points out that the 50% of poor people who don't pay taxes only own around 2% of the total value of the economy. or 1.4 trillion dollars. let's just take half.
that'll be a whopping 700 billion dollars!!!! sound familiar??? that's exactly what could be raised by returning tax rates for the ULTRA RICH to 1990s levels. and the economy was BOOMING....
but no. republicans seem to be fixated on the idea that it's class warfare ONLY when trying to make 2% of the population pay more.
when it's taking from 50% of the population, or 'the poor', it's broadening the tax base, and it's GOOD for the ecomony.
it's class warfare alright.... and if we let republicans get their way the POOR, who are defined as a family of 4 who make less than 22thousand per year, will be the ones to really suffer...
the rich won't suffer by paying more taxes... they might not get that government handout to buy a private jet, but at least they'll still have their bentleys....
