Sunday, September 18, 2011

CLASS WARFARE....REALLY?


President Barack Hussein Obama on Monday will put forth a proposal to raise the income tax rate on millionaires and billionaires in line with the average Joe.  This proposal is nick-named the ‘Buffet Rule’ after multi-billionaire Warren Buffet’s statement that the rich pay far less in taxes that the average American.  

“My friends and I have been coddled long enough by a billionaire-friendly Congress,” Mr. Buffet wrote in an opinion article in The New York Times, a complaint he has repeated in talks and media interviews since. “It’s time for our government to get serious about shared sacrifice.”

Now, let me make this clear for all the dunces who, although they struggle daily to pay their own bills, are brainwashed by right-wing media to protect the interests of the rich because “you might one day be rich yourself with the new-and-all-improved American Dream” propaganda bullshit:  this is NOT a general increase in taxes on the general population.  This is a restructuring of the tax code so that those making a higher income pay the same – not more than or an unfair amount– THE SAME tax rate as the middle class of America, okay? 

(Why do I even bother……)

Already the Republicans are calling this “class warfare”. 

"Class warfare … may make for really good politics, but it makes for rotten economics," House Budget Committee Chairman Paul D. Ryan (R-Wis.) said on "Fox News Sunday." "We don't need a system that seeks to prey on people's fear, envy and anxiety. We need a system that creates jobs and innovation and removes these barriers for entrepreneurs to go out and rehire people."

Republicans favor EVEN MORE tax cuts for the rich claiming that it will help pave the way for more investment and job creation. 

Really?  Mr. Ryan - exactly how many jobs have been created over the past ten years due to the implementation of the Republican-endorsed Bush tax cuts?  Those very same tax cuts STILL IN PLACE….but not creating ANY jobs in this tough economy. 

You know what it’s creating instead?  Record profits for rich corporations on the backs of fewer workers for the same workload.  (Read the article in the New York Times:  "What is Business Waiting For?")

Oh yeah – this is class warfare alright, but the rich started it.  And it’s time they pay. 

But, as they say, let the (political) games begin!!!!

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