Friday, 31 August 2012
What the GOP think about tax cuts for people that aren't rich.
Not surprisingly the GOP stands firmly against tax cuts for people making less then $250,000/yr. 46 of 47 republican Senators voted against S3412 Middle-class tax relief. The 1 republican that didn't vote no, Senator Mark Kirik, didn't actually vote. It passed 51/48 with one abstaining.
Reason for this? The republican's will not pass this bill, which benefits all American's by providing tax relief for the first $250,000.00 of income, because they want further tax cuts for people earning over $250,000.00/yr.
Do you find this right? Should rich people get even more tax breaks then poor people? Already our tax code allows the rich to pay significantly lower tax rates then low and middle income earners by providing many tax shields and incentives that are only accessible by the wealthy. Tax breaks that Mitt Romney exploits to the fullest often moving income over seas to evade taxes here.
If you had an income of $100,000/yr do you think it would be nice if you could shield it from taxes by moving the income over seas? Who would pay for our schools? Who would pay for our roads? Who would pay for our emergency services? Who would pay for our wars?
The GOP blame President Obama for the current rate of unemployment. Saying "his [Obama] economic plan has failed". Yet every time President Obama tries to implement any plan he is confronted with this partisan blockade. Obama has made some hard compromises and brought spending increases to a low not seen since 1953. Obama policies, many implemented by executive order because republican congressmen refuse to vote for any bill that might make make the President look good., stopped an unemployment rate that was rising into the double digits.
President Obama has said all along that the recovery is coming to slow. That it isn't good enough. That we still have a lot to do. He's made hard compromises in hopes the republicans would also make similar compromises but at every opportunity republicans refuse. Even to compromises they agreed to in the past.
They want to privatise education giving more support to rich families sending their children to private schools at the cost of low and middle income families, that can not afford high priced schools, to attend schools that get even less funding per student. Choice is easy for those that can afford it. I sent my son to a private school up until year 8. That was my choice and that choice didn't rip funding away from public schools in the process. How does the GOP expect a low income family that is struggling to put food on the table to be able to come up with more money to send their kids to a school that is properly funded? A school which is probably further away then their local public school. A school which may have many other hidden costs like uniforms and "building fees". How do they expect struggling families to come up with thousands of dollars more a year for each one of their children when the GOP plan to take away safety nets like food stamps. When the GOP plan to roll back the Affordable Health Care Act leaving the low income families with no affordable medical insurance and no guarantee that if they do keep their health insurance that the insurance company won't drop them as soon as someone in the family gets ill?
If you vote for the GOP this coming election be assured that the unemployment rate we saw at the end of the Bush administration will only be the start. The GOP are great at saying democrats hate America but the GOP only like the rich and they'll lie to all the low and middle income Americans to get into power.
The phrase "I'm proud to be an American" will be a joke unless you are in the top 2%.