Posts tagged tax cuts
Posts tagged tax cuts
John Walsh gets political on America’s Most Wanted on Dec. 17th, 2011. He begins by talking about how we’re balancing severe cuts on the backs on teachers, firefighters, police officers, and others who contribute greatly to society and asking nothing of those who’ve benefited.
And then shit gets real. An excerpt from Walsh’s statement, courtesy of Crooks and Liars:
Wow. America’s Most Wanted host John Walsh has an earful about cutting the government to spark economic growth this week. He notes letting police and firefighters go is bad for our communities. Flint, MI which laid off two-thirds of its police force, according to Walsh has become a “small city murder capital of the U.S.”
But then, Walsh goes full Occupy.
"Who’s going to pay for the economic meltdown - the huge debt?" He says, "How about companies? Companies that have made more money than in the whole history of the world and they’ve done it with less people. Some of the Fortune 500 companies pay no state taxes at all. We all know about GE not paying federal taxes."
And he continues to rail on this conservative cure-all for our economic woes: “It’s a quick fix but it’s not a good fix. We got to make the corporations pay more money and we can’t let these people [police] go. You got to speak up.”
America’s Most Wanted now airs at 9 p.m. on Friday on the Lifetime channel. Is it just me, or does John Walsh lay out a fantastic defense for those who are against cutting vital services so others can have an even more obscene amount of wealth?
To detractors: I’ll stop supporting movements like Occupy Wall Street when corporations stop occupying Congress. It’s not that I don’t think people should be rich. I just don’t think they should be able to buy themselves a pet Congress.
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?
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.
Ben Stein, "In Class Warfare, Guess Which Class Is Winning?" The New York Times, November 26, 2006.
I’d like to point today’s GOP to Mr. Buffett’s nearly five year old quote, thank you very much.
Some perspective… look at the Bush-era tax cuts compared to everything else, including the wars in Afghanistan and Iraq.
Senator Bernie Sanders calls out President Obama for not supporting the middle class and bending to the Republicans too often.
Here’s a partial transcript:
"At a time when the richest people and the largest corporations in our country are doing phenomenally well, and, in many cases, have never had it so good, while the middle class is disappearing and poverty is increasing, it is absolutely imperative that a deficit reduction package not include the disastrous cuts in programs for working families, the elderly, the sick, the children and the poor that the Republicans in Congress, dominated by the extreme right wing, are demanding."
"Instead of yielding to the incessant, extreme Republican demands, as the President did during last December’s tax cut agreement and this year’s spending negotiations, the President has got to get out of the beltway and rally the American people who already believe that deficit reduction must be about shared sacrifice."
"Republicans in Washington have never believed in Medicare, Medicaid, federal assistance in education, or providing any direct government assistance to those in need. They have always believed that tax breaks for the wealthy and the powerful would somehow miraculously trickle down to every American, despite all history and evidence to the contrary. So, in that sense, it is not strange at all that they would use the deficit crisis we are now in as an opportunity to balance the budget on the backs of working families, the elderly, the sick, the children and the poor, and work to dismantle every single successful government program that was ever created."
Sanders also called on Americans to send a letter to Obama, urging the President to end tax breaks for the wealthy and eliminate tax loopholes that benefit large corporations.
I made a summary version.
In conclusion, Bernie Sanders is a BAMF.
A little perspective on what’s holding up budget negotiations in Congress. The GOP is refusing to buckle on further tax cuts for Charlie Sheen (well, his income bracket) and demanding education cuts, which result in more pay cuts for teachers.
This is not winning, America. This is losing.