The Real GOP Fiasco: Fairness (from The American Conservative)

The Real GOP Fiasco: Fairness

Wick Allison

. . . A capital gains tax rate (making money off money) that is lower than the earned income rate (making money off work) is just not fair. Bestowing that rate on hedge-fund managers through a specially designed loophole is just not fair. Allowing the rich to take mortgage deductions for second and third homes, or for homes worth over $1 million, is just not fair. Allowing business owners like me to take myriad deductions that our employees cannot take is just not fair. But, most of all, allowing the wealthy to pay very low tax rates while interest on the war debt accumulates, deficits continue, and middle-class incomes deteriorate is just not fair.

Perhaps McConnell and Boehner have taken their stand on principle. Or perhaps they are still scared of Grover Norquist. Perhaps they truly believe – in contrast to three decades worth of evidence and a recent study by their own Congressional Budget Office – that lower tax rates on the rich actually produce jobs. Or perhaps they’re just waiting for the kind of face-saving compromise Galupo has suggested (and the president is now unlikely to approve). Or perhaps they’re just not very bright. The reasons don’t really matter...


. . . The GOP can recruit candidates with Hispanic surnames, tone down its platform, prep its members on talking points, and try to duplicate the Obama turnout machine. But if it remains the party of entrenched unfairness, it will never win another national election


http://www.theamericanconservative.com/the-real-gop-fiasco-fairness/