Class Warfare, Republican Style
Republicans have finally found a group they think deserves a tax hike: People who don’t make enough money to pay income taxes.
At the recent GOP debate, all the 2012 presidential hopefuls were unanimous in claiming they would reject a deficit-reduction deal if it contained a 10-to-one ratio of spending cuts to tax increases. But as Dave Weigel writes, the GOP’s supposed anti-tax zealots have been strangely unified in arguing that Americans who pay no income taxes — but pay a variety of other taxes — should see their taxes go up:
Republican politicians didn’t make this argument — until the Obama era. What changed? For decades, the “lucky ducky” number, the percentage of Americans that pay no taxes, never rose above 30 percent. The Bush tax cuts pushed it over 30 percent, but not too far over. Then, in 2008 and 2009, the economy collapsed. The government responded with, among other things, new tax deductions.
The result: The percentage of people paying no income taxes spiked up to 47 percent and stayed there. When the Tea Party started rallying in 2009, it wasn’t protesting higher taxes, because federal income taxes were lower, with more loopholes. It was protesting the perception that productive Americans were shelling out for an ever-expanding class of moochers. And Republicans have taken the Tea Party’s lead.
Of course, as Weigel reminds us, these people do pay sales taxes, payroll taxes, gas taxes and the like. As an April 2010 report from Citizens for Tax Justice explained: “Most of these other taxes are regressive, meaning they take a larger share of a poor or middle-class family’s income than they take from a rich family. This largely offsets the progressivity of the federal income tax.” Fat City!
This tax-the-poor attitude is widely held among Republicans, who are currently positioning themselves to oppose an extension of the payroll tax credit. After having demanded Obama extend the Bush tax cuts for the wealthiest Americans, Republicans are now fretting that the payroll tax cut will increase the deficit. Extending the Bush tax cuts increased the debt by far more than an extension of the payroll tax cut will, but that was worth it, because cutting taxes on the wealthiest Americans is the GOP’s highest priority. It’s far more important than stimulating the economy by giving a tax break to people who might actually need the money.
Of course, we’re not supposed to call the GOP’s commitment to making sure the wealthiest Americans pay as little as possible in taxes — and to increasing taxes on lower income folks — by its rightful name: “Class-warfare.” That term only applies to socialists who think we ought to return to Clinton-era tax rates.
By: Adam Serwer, The Washington Post, August 23, 2011
The GOP Is Fed Up With Its Choices
In theory, Democrats should be nervous about Texas Gov. Rick Perry’s decision to enter the presidential race. In practice, though, it’s Republicans who have zoomed up the anxiety ladder into freak-out mode.
To clarify, not all Republicans are reaching for the Xanax, just those who believe the party has to appeal to centrist independents if it hopes to defeat President Obama next year. Also, those who believe that calling Social Security “an illegal Ponzi scheme” and suggesting that Medicare is unconstitutional might not be the best way to win the votes of senior citizens.
These and other wild-eyed views are set out in Perry’s book “Fed Up!” His campaign has already begun trying to distance the governor from his words, with communications director Ray Sullivan saying last week that the book “is a look back, not a path forward” — that “Fed Up!” was intended “as a review and critique of 50 years of federal excesses, not in any way as a 2012 campaign blueprint or manifesto.”
One problem with this attempted explanation is that the book was published way back in . . . the fall of 2010. It’s reasonable to assume that if Perry held a bunch of radical, loony views less than a year ago, he holds them today.
Another problem is that as recently as Aug. 14, according to the Wall Street Journal, Perry responded to an Iowa voter who asked how he would fix entitlement programs by saying, “Have you read my book, ‘Fed Up!’? Get a copy and read it.”
But Perry doesn’t give us time to plow through his tome, what with his frequent newsmaking forays onto the rhetorical fringe. He had barely been in the race for 48 hours when he announced it would be “treasonous” for Federal Reserve Chairman Ben Bernanke to increase the money supply before the 2012 election. If Bernanke did so, Perry said, “we would treat him pretty ugly down in Texas.”
The outburst allowed Ron Paul, who has spent years calling for the Fed to be abolished, to say of Perry: “He makes me look like a moderate.”
Perry made no attempt to disavow his remarks about Bernanke. Whatever his campaign staff might wish, the candidate apparently does not warm to the task of disavowal.
Soon Perry moved on to the science of climate change, which “Fed Up!” dismisses as a “contrived phony mess.” Perry told an audience in New Hampshire that “a substantial number of scientists” have acted in bad faith, manipulating data “so that they will have dollars rolling in to their projects.” Perry added that “we’re seeing almost weekly, or even daily, scientists who are coming forward and questioning the original idea that man-made global warming is what is causing the climate to change.”
None of that is true. There is overwhelming consensus among climate scientists that human activity — especially the burning of fossil fuels — is contributing to climate change. Multiple investigations have found no evidence of fraud or manipulation of data. Unless Perry is ready to publish fundamental new insights into physical and chemical processes at the molecular level, his swaggering stance against climate science is all hat and no cattle.
“The minute that the Republican Party becomes the anti-science party, we have a huge problem,” candidate Jon Huntsman said Sunday on ABC’s “This Week” — a declaration that makes me wonder how familiar Huntsman is with the political organization he seeks to lead.
Also in his first week of campaigning, Perry suggested that the military doesn’t respect Obama as commander in chief — and, when asked whether he believes Obama loves America, told a reporter that “you need to ask him.” This is music to the ears of the hate-Obama crowd on the far right. But mainstream voters, whether or not they support Obama’s policies, generally like the president, do not question his patriotism and want him to succeed.
“I think when you find yourself at an extreme end of the Republican Party,” Huntsman said of Perry, “you make yourself unelectable.”
He’s correct. But maybe we shouldn’t take his word for it, or Ron Paul’s word — after all, they’re Perry’s opponents. Maybe we also shouldn’t take the word of Karl Rove, who called Perry’s remarks “unpresidential,” since Texas apparently isn’t big enough for the George W. Bush camp and the Rick Perry camp to coexist without feuding.
Suffice it to note that two weeks ago, GOP luminaries were scrambling to find new candidates. And now, after Perry’s debut? Still scrambling, I’m afraid.
By: Eugene Robinson, Opinion Writer, The Washington Post, August 22, 2011
Brazen: Eric Cantor’s Chutzpah
Eric Cantor’s op-ed laying out the Republican agenda is filled with the kind
of distortions you’d expect, but this passage deserves special commendation.
After decrying a National Labor Relations Board Ruling, he continues:
Such behavior, coupled with the president’s insistence on raising the top tax rate paid by individuals and small businesses, has resulted in a lag in growth that has added to the debt crisis, contributing to our nation’s credit downgrade.
So Cantor is arguing that S&P downgraded U.S. debt because of President
Obama’s future plans to increase the top tax rate. That’s such a mind-boggling
claim that even Cantor cannot bring himself to put it in quite these terms. So
instead he breaks it into a series of steps.
First, he claims that the future promise of upper-bracket tax hikes “has
resulted” in a lag in growth. (Question: if the mere possibility of future tax
hikes is enough to depress growth, why don’t we go ahead and just raise taxes?
If we’re going to get the slower growth anyway, might as well get the revenue,
right?)
Second, the lag in growth “caused” by hypothetical future tax hikes added to
the debt crisis.
Third, the debt crisis contributed to the downgrading of the debt.
It’s a fairly brilliant bit of rhetoric. After all, S&P specifically cited the Republican threat to fail to lift the debt ceiling and Republican refusal
to consider any tax increases as the cause of the downgrade. cantor has
found a way to present Obama’s support for higher taxes as the cause of the
downgrade. That’s so brazen I almost have to admire it.
By: Jonathan Chait, The New Republic, August 22, 2011
Why The Rich Should Pay Higher Taxes
Wealthy Americans will recoil at the suggestion, likely responding with the tired mantra that the top earners pay most of the income tax. But two points can be made in response to that: (1) federal income tax is only a small part of the burden on the middle class.
Based on data from the Institute on Taxation and Economic Policy, the total of all state and local taxes, social security taxes, and excise taxes (gasoline, alcohol, tobacco) consumes 21% of the annual incomes of the poorest half of America. For the richest 1% of Americans, the same taxes consume 7% of their incomes. And (2) the richest people pay most of the federal income taxes because they’ve made ALMOST ALL the new income over the past 30 years. Based on Tax Foundation figures, the richest 1% has TRIPLED ITS SHARE of America’s income since 1980, AFTER TAXES.
But there are better reasons why the rich should pay higher taxes.
The very rich benefit most from national security, government-funded research, infrastructure, and property laws. Defending the country benefits the rich more, because they have more to defend. Taxpayer-funded research at the Defense Advanced Research Projects Agency (the Internet), the National Institute of Health (pharmaceuticals), and the National Science Foundation (the Digital Library Initiative) has laid a half-century foundation for their idea-building. The interstates and airports and FAA and TSA benefit people who have the money to travel.
Over a hundred years ago, Teddy Roosevelt, facing an epidemic of inequality not unlike today, reminded us that “Great corporations exist only because they are created and safeguarded by [democratic] institutions; and it is therefore our right and our duty to see that they work in harmony with these institutions.”
Here’s another good reason for the rich to pay more taxes: With the drop in tax revenue, funding for the preservation of American culture is disappearing. Do we want our national treasures deprived of maintenance because of budget cuts, as is currently happening in Italy? Do we want our national parks sold to billionaires? Do we want programs for music and the arts eliminated from schools, so that only children of the wealthy can participate in them?
The 1912 book “Promised Land” by Mary Antin revealed the wonder of a Russian immigrant coming to the U.S.: “In America, then, everything was free…light was free…music was free.”
Not that capitalist markets don’t have their place. But the current view of democracy has gone to the other extreme, in which individualism and personal gain trump societal responsibility, and growing inequality makes community support and safeguards unnecessary for the privileged elite.
Finally, back to the tax statistics. Why should financial earnings (i.e., capital gains) be taxed less than wage earnings from actual work? The richest 10% of Americans own over 80% of the stocks, the gains from which are taxed at a 15% rate. Most wage earners pay more.
Furthermore, over the past 15 years millionaires have seen their income tax rates drop from 30% to 22%. During approximately the same time period, American economic growth declined from an annual 3.2 percent rate to 1.7 percent. Lower taxes for the rich do not lead to productivity.
Will the rich stop investing or move to another country if their taxes are increased? Not likely. They have it too good here. As Warren Buffett recently stated, “I have worked with investors for 60 years and I have yet to see anyone – not even when capital gains rates were 39.9 percent in 1976-77 – shy away from a sensible investment because of the tax rate on the potential gain.”
Mr. Buffett is admitting what everyone else is beginning to realize. The rich take much more than they pay for.
By: Paul Buchheit, CommonDreams.org, August 22, 2011
President Rick Perry’s America: No Country For Women
Rick Perry has been governor of Texas since before I was old enough to vote. As a native Texan born in the millennial age, I put Rick Perry in the same category as a cassette player or an AOL subscription — something that has seemingly always been around, but has long since lost its purpose. Coming of age as a woman in Rick Perry’s Texas is sort of like living in the wild, wild west, like an Annie Ovary of women’s health, dodging old men wielding vaginal probes and vaccine mandates. With a governor who has a women’s health record that’s a bumpy country mile long possibly becoming our next president, what would it mean for women across America? Allow me.
First order of business in the Perry presidency would be the creation of the Department of Interior Contraception, or DIC. DIC would oversee approved contraceptive devices under Perry’s watchful eye, the top item on the list being the most widely accepted, reliable option available to God-fearing Americans these days: abstinence. Now, while it’s true Texas has the 3rd highest teen birth rate in the country and also true that a 2005 study found teens in Texas were actually having more sex after undergoing an abstinence-only program, Rick Perry still stands by the practice. Why? Not because there are actually any studies backing him up but “from my own personal life,” Perry told the Texas Tribune’s Evan Smith in an interview earlier this year. Comforting, isn’t it? Rather than President Perry making decisions based on studies and figures, the free world will instead hinge on the regularity of his wife’s cycles.
But don’t take Rick Perry’s word for it. Starting in 2012, women (and their partners — suddenly that cowboy vote doesn’t sound so good, does it gentlemen?) will get their very own chance to practice an abstinence-only approach when the recent law that requires health insurance companies to cover birth control will no doubt be rolled back by President Perry.
That brings us to the question of how Perry plans to punish women who don’t fall into line with his tried and true abstinence methods. After all, without threat of punishment, I think it’s safe to say Perry will probably be the only person in America abstaining from sex. For the sinners, Perry has already started a little pilot program right here in Texas.
The state now requires mandatory transvaginal sonograms for women who are 8 to 10 weeks pregnant and seeking abortions. The bill, which Perry declared a piece of “emergency legislation” during the last legislative session, requires the doctor to describe the fetus and play audio of the heartbeat prior to the abortion procedure. President Perry’s version of this bill will include an amendment to play Lee Greenwood’s “God Bless the U.S.A.” during the procedure.
Alas, if all of this has you feeling down, ladies, don’t fret. Think of all those cute babies we’ll get to have. But in Rick Perry’s America, you may want to home school. Texas ranks first in the nation in adults without high school diplomas. The future also doesn’t look so bright for all those precious little ones when it comes to health insurance and potential jobs: Texas boasts another first in the nation in the percentage of children without health insurance and, in 2010, Texas tied with Mississippi for the highest percentage of workers employed in minimum-wage jobs. No wonder Governor Perry wants Texas to secede. It’d sure make us look less stupid.
At a speech given to the United for Life group in June, Perry bragged about Texas’s recently-passed sonogram law and told attendees, “In Texas we have pursued policies to protect unborn children whenever possible.” And you can bet your left Fallopian tube that, if elected, he’ll continue to do the same for the unborn children of America. I just hope there’s a Plan B pill for what happens when all these children grow up — because President Perry, just like Governor Perry, certainly doesn’t plan to care for them.
After all, where Rick Perry comes from, that’s women’s work.
By: Rachel Farris, AlterNet, August 19, 2011: This essay originally
appeared at MeanRachel.com.
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