GOP: No tax hikes - except for the poor

[accountantNOT]

The Associated Press is reporting that GOP legislators are opposing the extension of a payroll tax cut that will expire on Jan. 1. The clear, unavoidable message: Americans workers should pay more taxes, while the rich should pay less.

That's not a joke, and it's not an Onion headline. The very same Republicans who have fought tooth-and-nail to keep George W. Bush's tax cuts for the wealthy from expiring are now in favor of doing away with a tax cut that will primarily hit wage-earners -- people who actually have to work for a living, people who are struggling to pay their mortgages and wincing every time they fill up their gas tank.

There's not even any attempt to hide the hypocrisy.


"It's always a net positive to let taxpayers keep more of what they earn," says Rep. Jeb Hensarling, "but not all tax relief is created equal for the purposes of helping to get the economy moving again." The Texas lawmaker is on the House GOP leadership team.


The theoretical basis for this argument, such as it is, is based on the assumption that keeping taxes low on the "job-creators" -- the rich, and corporations -- will spur investment and hiring. The empirical evidence for this theory has always been slim -- some of the strongest economic growth rates of the last century in the United States occurred when taxes on the wealthy were at their highest rates -- but it's particularly absurd right now, after two years in which corporate profits have been high, taxes have been low, and employment growth has been paltry.

On the other hand, there's little doubt that raising taxes on American workers during a slow economy will further depress consumer demand -- which is exactly the wrong way to spur economic growth. It's so wrong, in fact, that the suspicion that such tactics are being excuted on purpose is spreading beyond the usual liberal suspects.

http://www.salon.com/technology/how_the_world_works/2011/08/22/republican_tax_increase/index.html

 

[Mayhem]

That knocking sound is Reagan trying to break out of his own grave.

 

[ragincaucasian]

.....but they'll create jobs! just give them 30 more years, i'm sure its bound to work one o these days

 

[Hot Mega]

That knocking sound is Reagan trying to break out of his own grave.

No. That is the spirit of hypocrisy you hear.:2 cents:

Now...where's the 'dents 1 on this....

 

[titsrock]

If only the Dems would seize on this..... but knowing them they will be distracted by some other GOP bullshit someplace else....

 

[smoknn]

http://www.salon.com/technology/how_the_world_works/2011/08/22/republican_tax_increase/index.html

The clear, unavoidable message: Americans workers should pay more taxes, while the rich should pay less.
is this news?? reason for this is our country is run by rich people..they dont give a flying fuck about poor people..they act like they care..but trust me its just a act:wave2:

 

[emceeemcee]

the good thing about picking on poor people is that it often ends up sparking some kind of uprising

 

[Hot Mega]

reason for this is our country is run by rich people..they dont give a flying fuck about poor people..they act like they care..but trust me its just a act:wave2:

Untrue....the majority of the 'rich' are begging to pay more in taxes as they realize the way things are hurts them in the long run. Secondly they know that a marginal tax code isn't the difference with them adding or reducing employees....

No sir smoknn..the reason is a shrill minority has seized the debate and are using many in their misguided UNRICH constituency to perpetuate long ago (and recently) dispelled myths....

 

[D-rock]

.....but they'll create jobs! just give them 30 more years, i'm sure its bound to work one o these days

Oh, they did indeed create an extraordinary amount of jobs.....

....just not in the U.S., and not anything that paid well, and they took jobs away from the people here to do it, and they reduced quality of life here for most people that were able to keep their jobs, and they kept most of the profits from that, but if somebody could somehow gloss over details like that (which a lot of those people seem more than willing to do) maybe they could come out looking good in a sad warped rationalized perspective kind of way.

 

[Njosnavelin]

Untrue....the majority of the 'rich' are begging to pay more in taxes as they realize the way things are hurts them in the long run. Secondly they know that a marginal tax code isn't the difference with them adding or reducing employees....

No sir smoknn..the reason is a shrill minority has seized the debate and are using many in their misguided UNRICH constituency to perpetuate long ago (and recently) dispelled myths....

the good thing about picking on poor people is that it often ends up sparking some kind of uprising

They are probably afraid.

 

[smoknn]

Untrue....the majority of the 'rich' are begging to pay more in taxes as they realize the way things are hurts them in the long run. Secondly they know that a marginal tax code isn't the difference with them adding or reducing employees....

No sir smoknn..the reason is a shrill minority has seized the debate and are using many in their misguided UNRICH constituency to perpetuate long ago (and recently) dispelled myths....

you can call it whatever you like...but the rich has been getting richer..and the poor has been getting poorer....for as longggg as i can remember..you can paint it whatever color you like but thats the Bottem line:2 cents::wave2:

 

[MikeyK]

Not at all shocked by this.

 

[lurkingdirk]

I think we should make cigarettes 15$ a pack, increase tax on booze by 400%, and make gas 8$ a gallon. The country would be flush in no time.

 

[Trident1]

the good thing about picking on poor people is that it often ends up sparking some kind of uprising

:1orglaugh

 

[StanScratch]

The Tea Baggers are actively fucking this country in the ass, and their sheep are completely blind to this.

 

[Legzman]

Yea, thats a good way to fix the economy. Tax the shit outta people who actually work for a living and consequently invest the most in the fuckin economy.