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Wed Feb 27, 2013, 01:43 PM

Critique of Republican tax policy from a Republican subject-matter expert, via KS Rep. Paul Davis:

Davis: "An excellent op-ed. Governor Brownback's name is never mentioned, but the consequences of his agenda are explicitly described by another Republican:"

Me: This IS a Republican Op-Ed, all, so be prepared for some stress, but also please note a call for fundamental tax reform that could relate, depending upon what We the People DO, to raising the Social Security income cap, to a Wall Street Transaction Tax, and/or closing some old powerful loopholes at the federal level and, once again depending upon what the grassroots do, maybe even SUBSIDIES, such as Agricultural Subsidies, some 70-80% of which go to the top 10% of "farmers" at the state level.


From: Sheila C. Bair, the chairwoman of the Federal Deposit Insurance Corporation from 2006 to 2011, is the author of “Bull by the Horns: Fighting to Save Main Street From Wall Street and Wall Street From Itself.”

"I fear that government actions, not merit, have fueled extremes in income distribution through unjustified tax breaks that favor the rich. This is not a situation that any freethinking Republican should accept. Skewing income toward the upper, upper class hurts our economy because the rich tend to sit on their money — unlike lower- and middle-income people, who spend a large share of their paychecks, and hence stimulate economic activity."

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