Cognitive Dissonance

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

Posts tagged Tax the rich

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I don’t know, but I expect the wealthy to write a check ’cause it’s as bad as it’s ever been. It would be unpatriotic not to try to save the country. I’m sure people will bitch about it, but if it meant we get to operate in this country and live here another day, then so be it.

One way or another, before it’s over they’re gonna have to come and take big money from the earners and big corporations to save the country. I’m sure that everybody that has a patriotic cell in their system will say, ‘If it’s gotta be done, it’s gotta be done.’ I’d rather live here and not have as much money than live anywhere else and have twice as much.

Toby Keith, on taxing the rich and corporations.

Yes, that Toby Keith who wrote the “We’re gonna put a boot in your ass” song and who you would assume is a Republican through and through.

He’s a Democrat.

Maybe if he puts this in a catchy song, the red states will take notice, along with their congressmen. I might just play Toby Keith on my radio show if he were to do that.

Somehow, I’d forgotten he was a Democrat… Write that song, Toby Keith. I’ll play it in Wyoming.

(Source: addictinginfo.org)

Filed under Toby Keith Tax the rich economy politics unequal inequality wealthy patriot democrat democrats republican republicans Yes that Toby Keith country country music best country song ever

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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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We have to make sure that the promises we make in Social Security, Medicare and Medicaid are promises we can keep, and there are various ways of doing that,” Mr. Romney said. “One is we can raise taxes on people.”

“Corporations!” the protesters shouted, suggesting that Mr. Romney, as president, should raise taxes on large businesses. “Corporations!”

“Corporations are people, my friend,” Mr. Romney responded, as the hecklers shouted back, “No they’re not!”

“Of course they are,” Mr. Romney said, chuckling slightly. “Everything corporations earn ultimately goes to people. Where do you think it goes?” When someone in the front row angrily suggested that “it goes in their pockets,” Mr. Romney, becoming increasingly animated, asked: “Whose pockets? People’s pockets!

Mitt Romney, cheerfully laying out the “Corporations are people, too!” argument. 

Yeah… um, he’s right that earnings go to people. I just… I shudder, and I have trouble taking this seriously. Why do I get the feeling that Mitt Romney is an epic troll?

I report, you decide:

 

I see a wee bit o’ the troll face in this one…

(Source: The New York Times)

Filed under Mitt Romney corporations corporations are not people politics breaking my brain tax taxes tax the rich corporate corporate theft

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Poll: 62 percent say debt ceiling deal benefits the rich and hurts the poor

Sixty-two percent of Americans think the bill that raises the federal’s debt ceiling through the year 2013 and makes major cuts in government spending benefits the rich at the expense of the poor and middle class, according to a CNN/ORC poll released on Monday.

Only 27 percent say that the debt ceiling deal treats all classes fairly and 11 percent have no opinion.

The poll (PDF) also found that 47 percent of Americans rate the economy “pretty badly” and 28 percent rate it “very badly.” Only 23 percent think the economy is going “fairly well” and a meager 1 percent say it is going “very well.”

In other words, 62 percent of Americans are starting to realize something in the milk ain’t clean.

Filed under debt debt ceiling deal economy politics America Rich tax the rich

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Former Sen. Alan Simpson told Lawrence O’Donnell it’s time to “peel all the layers of the onion” and figure out just why people seem to listen intently to Grover Norquist.

In an interview on The Last Word tonight, Simpson noted that Norquist had challenged Republican Sen. Tom Coburn on a $6 billion cut on ethanol subsidies he had called “tax increases,” which incensed Simpson greatly. “Grover and his happy band of warriors are trying to call that a tax increase– that’s a damn lie and he knows it,” he told O’Donnell. “And if he can get away with that, elect him President.”

Simpson continued to question Norquist’s power throughout the segment, arguing that “he can’t kill you, he can’t burn your house, he can defeat you in reelection,” and if a public servant thought the latter was enough to obey him, they didn’t deserve the spot.

He also told O’Donnell several times that “if Grover Norquist is more powerful than the President of the United States and the Congress, he should run for President” … On that note, Simpson called for an investigation. “Grover Norquist should be examined into– where does he get his money?” In times where people amass so much power, he argues, it becomes necessary to “peel all the layers of the onion.” “Anytime anyone gets this powerful,” he argued, “you want to dig in… who is he slave to?”

He clarified that he did not mean “salacious stuff and his personal life,” but how Americans for Tax Reform operated and why so many people in Congress feared him, because based only on his status as leader of an anti-tax group, “you must be chicken if you fall for that crap.”

I have a soft spot for former Sen. Alan Simpson. He’s part of the Reagan era, yes, and that’s where the accelerated sell-out of my generation began. However, he also has a streak of common-sense conservatism sorely lacking in the Republican Party. He’s pro-gay rights (including marriage) and pro-choice, which puts him to the left of nearly every Republican out there.

I agree with Simpson. Let’s find out where Grover’s getting his bucks.

Filed under Alan Simpson Lawrence O'Donnell MSNBC politics debt debt ceiling Grover Norquist Tax tax cuts Tax cuts don't solve everything Tax the rich

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Cantor: Taxing The Rich Is Off The Table, But Making Students Pay More Immediately Is Fine

One of the major demands that almost all congressional Republicans have made about deficit reduction is that wealthier Americans and large corporations shouldn’t have to pay any more in taxes. “The House has taken a firm position against anything having to do with increasing taxes or raising tax rates,” said House Majority Leader Eric Cantor (R-VA) at the onset of negotiations over the budget deficit in May.

Yet as the Daily Beast’s Howard Kurtz reports, one group that Cantor is apparently fine with making pay more is American college students. Cantor, at the White House for budget negotiations, apparently proposed that students who take out student loans should immediately start paying interest, rather than getting to make payments after graduation.

Thanks, bud. Appreciate that. This is the GOP summed up, right here. 

Filed under Eric Cantor Debt debt ceiling politics students student loans interest fuckery tax the rich