Showing posts from April 10, 2011

Tax the rich

In what will come as no surprise to anyone, the Republicans have
started complaining about the end of the Bush-era tax cuts again after
Obama flat refused to renew them. It makes sense to me that if you
earn more, you pay more in taxes. That's what is proposed to help out
the national debt. The Republicans however think that taxes should be
cut further for the rich whilst healthcare costs should go up for the
poor and elderly. At it's best, that is crazy. At it's worst that is
destructive to the country. They argue that taxing the rich will
reduce jobs because they equate rich individuals with companies. No.
One of my super wealthy lunchmates does not employ anyone. He is
simply wealthier than average and so should pay more in taxes. How
difficult is that to understand? Apparently it's impossible for the
GOP to understand because all they care about is war, protecting the
rich and safeguarding corrupt corporations.
The GOP want less government spending and want the economy to recove…