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Reply #14: This is Scorched Earth Class Warfare against the American People! [View All]

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nodictators Donating Member (977 posts) Send PM | Profile | Ignore Thu Mar-03-05 02:07 PM
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14. This is Scorched Earth Class Warfare against the American People!
Just today, Bush is starting his blitzkrieg to Kill Social Security.

At the same time, Greenscam calls for a consumption tax, which, as noted above, if grossly regressive.

Greenscam also supports Bush's assault on Social Security and more tax cuts for the rich.

Medicare and Medicaid are also on the Bush agenda for destruction.

Get this from the article:

While Greenspan did not specify what types of transition problems would be faced in moving toward a consumption tax in his prepared remarks, he did tell the panel he is concerned about the issue of taxing capital investments under the consumption tax. "This is the issue that bedeviled the 1986 commission and ultimately led them to abandon the consumption tax idea," he said.


So, ordinary Americans (about 90% of the citizenry) get hammered to hell with regressive taxes, while the richest 10% have no consumption tax on goodies like race-horse ranches and luxury condos in hoity-toity vacation spots.
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