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The GOP’s latest tax gimmickry: Soak the poor

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occupyeverywhere Donating Member (324 posts) Send PM | Profile | Ignore Mon Oct-24-11 08:30 AM
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The GOP’s latest tax gimmickry: Soak the poor
http://www.washingtonpost.com/opinions/the-gops-latest-tax-gimmickry-soak-the-poor/2011/10/21/gIQAfs7eAM_story.html?wpisrc=nl_opinions

The GOP’s latest tax gimmickry: Soak the poor


By E.J. Dionne Jr., Published: October 21

It’s one of the strangest things in our politics: The only “big” ideas Republicans and conservatives seem to offer these days revolve around novel and sometimes bizarre ways of cutting taxes on rich people.

Given all the attention that Herman Cain’s nonsensical and regressive 9-9-9 tax plan has received, the Republican debates should have as their soundtrack that old Beatles song that droned on about the number nine.

Now, Texas Gov. Rick Perry hopes to pump up his campaign with a supposedly bold proposal to institute a flat tax, which would also deliver more money to the well-off. Perry plans to outline his proposal this week, but he has already touted it as a sure-fire way of “scrapping the 3 million words of the current tax code.”

There is absolutely nothing new about this idea, and candidates who pushed flat taxes in the past saw their campaigns flat-line, most prominently businessman Steve Forbes in 1996 and again in 2000. Politically, the idea falls apart rather quickly when middle-income voters realize that its main effect is to cut taxes on the financially privileged while usually raising them on Americans who have more modest incomes.



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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-24-11 09:12 AM
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1. It has been happening since Ronald Reagan gave us revenue enhancements
This shit didn't happen overnight, we were like the frog in the boiling water.
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