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

Burr must do his patriotic duty in Russia investigation

This morning’s lead editorial in the Charlotte Observer ...

Top Stories from NCPW

  • News
  • Commentary

The political compromise that repealed HB2 was enough for the NCAA and ACC, both of which have retur [...]

Conference comes a day after new report lauds benefits of same-day registration The new line-up for [...]

North Carolina’s largest public school system may be warning of “enormous disruptions” without speed [...]

Carol Turner hadn’t lived in North Carolina long before last November’s election. A retired nurse, s [...]

How many times do we have to say it? Well, it’s worth repeating – especially in the aftermath of rec [...]

As the national pundits weigh in on President Trump’s first 100 days in office and the General Assem [...]

How the General Assembly is spending “crossover week” and what it ought to be doing The last week of [...]

To casual observers, the recent controversy surrounding public school class-size mandates in grades [...]

Featured | Special Projects

Trump + North Carolina
In dozens of vitally important areas, policy decisions of the Trump administration are dramatically affecting and altering the lives of North Carolinians. This growing collection of stories summarizes and critiques many of the most important decisions and their impacts.
Read more


HB2 - The continuing controversy
Policy Watch’s comprehensive coverage of North Carolina’s sweeping anti-LGBT law.
Read more