http://www.progressive.org/oct03/galb1003.html<<Stagnation, moreover, helps to justify more tax cuts. The Administration's core policy objective in this area is to shield financial wealth from all taxation. Two years ago, estate and income taxes were cut. This year, it was capital gains, dividends, and again the top tax rate. Next year, the sunset provisions in these measures will probably be removed. As things are going, quite soon, taxes will fall mainly on real estate, payrolls, and consumption. This is to say that taxes will be paid mostly by the middle class, by the working class, and by the poor.
Finally, stagnation and the Bush tax policy promote rightwing plans to cut and privatize essential services, including health, education, and pensions. As financial wealth escapes tax, neither states nor cities nor the federal government can provide vital services--except by taxing sales and property at rates that will provoke tax rebellions, especially when middle class incomes are not rising. Every public service will fall between the hammer of tax cuts and the anvil of deficits in state, local, and federal budgets. The streets will be dirtier, as also the air and the water. Emergency rooms will back up even more than they have; more doctors will refuse public patients. More fire houses and swimming pools and libraries will be closed. Public universities will cost more; the public schools will lose the middle class. Eventually, federal budget deficits will collide with Social Security and Medicare, putting privatization back on the agenda.>>
I hope more Dems start attacking Bush on this, if nothing else I hope it will
inspire those who donÕt vote to vote.
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