Uncategorized

The greedy get even greedier: New tax proposal really takes the cake

At some point, it seems, conservative ideologues and their friends in Congress will simply get down to admitting that what they have in mind for the American tax code is the following simple situation:

The wealthy will simply pay no income taxes, capital gains or estate taxes of any kind.  Meanwhile, average working people will be called upon to bear an ever-greater responsibility for funding essential public services and structures — or, at least, the services and structures that conservatives are willing to allow to continue and/or farm out to corporate interests.    

The latest example of this inevitable trend in motion can be see in this new proposal from U.S. Senate conservatives.

 

One Comment


  1. david esmay

    July 24, 2012 at 1:59 pm

    The GOP and the 1% ers who control have shamelessly abandoned ethic of responsibility that has traditionally been the benchmark of our government. It’s like Boehner carrying around his little 4×8 card of supposed GOP job creation, the same so-called job “creation” bills the economists at the Brookings Institute, Deutsche bank, and Moody’s shot down as incapable of any job creation and even described Boehner’s assertions as laughable.

Check Also

The best editorial of the weekend

There were lots of good ones, but the ...

Top Stories from NCPW

  • News
  • Commentary

The following information is gathered from the Guttmacher Institute: 90% — North Carolina counties i [...]

Nothing is off the table when it comes to Republican judicial reform, and a former Wake County judge [...]

On a cozy autumn evening at the luxurious Umstead Hotel in Cary, a medley of corporate luminaries, s [...]

A fix for North Carolina’s class size crisis in March? A GOP senator from Wake County tells his cons [...]

On the 45th anniversary of Roe v. Wade, the U.S. Supreme Court decision that legalized abortion in t [...]

The post Classic projection appeared first on NC Policy Watch. [...]

It was a snowy and shortened work week for a lot of people in North Carolina, but unfortunately, tha [...]

Mounting student debt is a nagging problem for most families these days. As the cost of higher educa [...]

Upcoming Events

Featured | Special Projects

NC Budget 2017
The maze of the NC Budget is complex. Follow the stories to follow the money.
Read more


NC Redistricting 2017
New map, new districts, new lawmakers. Here’s what you need to know about gerrymandering in NC.
Read more