Cognitive Dissonance

"Democracy! Bah! When I hear that I reach for my feather boa!" - Allen Ginsberg

104 notes

We’ve had 30 straight years of pretty much unabated tax cutting for the rich. And yet a random comment that perhaps the rich aren’t actually undertaxed on Twitter gets me lots of angry retorts–from a lot of people I’d bet aren’t rich themselves. The idea that ‘you can’t tax success’ is ridiculous on its face: that’s what we do every single time we pay income taxes. We certainly didn’t manage to find a way to tax failure, or else Wall Street would be out of business.

Threatening to essentially tank the economy again if you are taxed is economic violence.

"Returning to the Scene of the Class War" by Sarah, on Feministe

I’ve said it before, and I’ll say it again: Tax the rich. Now.

When even conservative economists are calling for taxes to be raised on the rich, maybe it’s about time. We’re living in this delusional la-la land, where if Warren “El capitalismo espectacular” Buffett suggests raising taxes on the rich, he’s a socialist. If the economy has hope of ever rebounding, spending cuts are not the only answer. We must also raise revenue. The temporary Bush tax cuts must be allowed to expire. 

The super-rich must not be allowed to hold the economy hostage any longer. One percent of the country cannot, logically, dangle the futures of the other 99% off of a cliff without an outcry… can they?

Filed under It's time to get pissed politics taxes tax the rich economy economic violence tax cuts Tax cuts don't solve everything

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