Wed Aug 29, 2012, 12:33 AM
hfojvt (37,356 posts)
Like Ann Romney, I want to talk about love [View all]
Last edited Sun Jan 19, 2014, 06:51 AM - Edit history (1)
The love of money.
What St. Paul calls "a root of all kinds of evil". (1 Timothy 6; 10)
But most people, especially in the Western world, seem to love money. Especially, according to de Toqueville, Americans. In his 1835 book "Democracy in American" he wrote "Americans desire enterprises that make 'more money'. There, in two words, you have the American character."
But it is very easy to love money. Money allows you to have a home, instead of being homeless. More money allows you to have a nicer home, and more conveniences - cable TV, air conditioning, dishwashers, microwaves, and so on. More money allows you to own a car instead of having to walk and/or take a bus or bike. More money allows you to buy a nicer bike. More money allows you to live in a nicer neighborhood, a safer neighborhood, send your kids to better schools, so they in turn can have more money.
Yet, it seems to me the people that really, really love their money, are the people who have the most of it. At least politically, they seem, most of them, determined to keep more and more of their large incomes. They are the ones who have funded the Republicans and made them all into tax-cut fanatics. From state legislators to Governors to Congresspeople to Senators to Presidential candidates, Republican candidates always seem to be about tax cuts for the rich (and for big business).
The rich love their money, and want to keep more and more of it. For example, Romney and Ryan (and McCain before them) propose to not only keep the Bush tax cuts, which were very generous to the rich, but they propose even more tax cuts which heavily favor the rich, and people (very evil people) like Brownback of Kansas and Spence of Missouri, propose to also give even more tax cuts for the rich at the state level. And to prevent tax increases on them, like Chris Christie http://journals.democraticunderground.com/hfojvt/128 and DINOs like Mario Cuomo http://journals.democraticunderground.com/hfojvt/154
The Bush tax cuts cost $424 billion in 2011, $108 billion of that went to the richest 1% and $163 billion to the top 5% and another $107 billion to the rest of the top 20%.
The rich would LOVE for those tax cuts to be permanent. They are prepared to spend several billion on campaigns and candidates in order to make that happen. Time magazine did a cover saying "Presidency for sale: asking $2.5 billion". Spending $2.5 billion to keep $108 billion in tax cuts is a very good return on investment. Looks like over $105 billion in profit to me.
Who among us would not like to have another $105 billion? That certainly dwarfs the largest Powerball jackpot of $365 million. And the top 1% will get that EACH year.
Now they just have to sell it to the voters. They primarily use 4 sales pitches.
Republican candidates, like many politicians, will first lead with their supposed character. Bush was such a Christian, a compassionate conservative, a straight shooter. McCain was a war hero, a maverick, and a straight-talker. So, tonight Ann Romney wanted to tell the nation what a great guy Mitt Romney is. A successful man. A man who has worked hard. A man who has helped others, being a wonderful son, son-in-law, father, husband, grandfather. He's smart, funny, honest, kind, hard-working, and probably modest too. See what a great guy he is, so his policies will then naturally be beneficial. You can trust Honest Mitt. Just like you trusted Honest George. Pay no attention to that fuzzy math. It's complicated.
2. the tax cut is really for everybody
Take it from Honest George "My tax relief plan is a fair one, lowering the rate for all taxpayers. The typical family of four with two children will get $1,600 in tax relief. And the greatest benefits, the largest percentage reductions, will go to those who need them most. My plan is pro-growth. It gives our economy a jump-start by leaving more money in the hands of those who have earned it." Feb 17, 2001
My plan is directed toward individuals and small businesses. It offers relief for everyone who pays income taxes, and it keeps our national commitments to Social Security and debt reduction." Feb 8, 2001
"When you hear the debate about this kind of class warfare, rhetoric about, oh, this is for the rich, only for the rich -- I want you to think about the Joe Kempers of the world. I certainly will. A fellow who worked for our government, and now a fellow who we trust with that $3,500, because it's his money. And when he invests it, it's going to have a positive effect. All the Joe Kempers of the world taking that extra money and investing it will mean somebody else is likely to find a job, and that's important for our fellow Americans to understand." Feb 12, 2003
Again, pay no attention to those numbers definitively proving the tax cut is MOSTLY for the rich.
3. the tax cut is really a jobs plan
Again, take it from Honest George
"We need tax relief that creates the greatest number of jobs. (Applause.) The goal is to create a million new jobs by the end of next year. I've submitted a good, strong plan that will help meet that goal. The United States Congress must not only listen to your voice, but must listen to the voice of somebody looking for work. We need aggressive action out of the United States Congress now." May 6, 2003
"Next week, I will travel to New Mexico, Nebraska and Indiana to address the nation's hardworking, small business owners, families and investors. My message to them will be simple: the surest way to grow this economy and create jobs is to leave more money in the hands of the people who earn it.
I urge every citizen to participate in this important debate and to make your voice heard. Explain to your local representative or your senators what tax relief would mean to your family and your business, and please tell the members of Congress why our economy needs that relief now." May 10, 2003
4. It's about tax reform, making taxes simpler and fairer
Again, Honest George
"The third aspect of the plan is really to make the tax code more fair. We tried to address that earlier, by the way. It is unfair to tax a person's assets twice. That's why I've called upon Congress to get rid of the death tax. (Applause.) Feb 13, 2003 in Florida
"The final aspect of the plan says that we ought to get rid of the double taxation of dividends in America. (Applause.) First of all, there's just a simple fairness issue on the double taxation of dividends." May 12, 2003
"It recognizes that our tax code is unfair. It is unfair to people who struggle to get ahead. It is unfair for the single mom, who lives on the outskirts of poverty, who's working hard to provide for her family. For every additional dollar she makes above $25,000, she pays a higher marginal rate on that dollar than someone who's wealthy. And that's not right and it's not fair. It's not what America is all about, as far as I'm concerned. Our tax code makes the code more fair." Feb 7, 2001
Yet in the end it is all about rich people and their love of money. A love that is a root of all kinds of evil in this country. In the end, the "honest" politician's reform just tilts the playing field even more in the favor of those who already have most of the advantages.
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Like Ann Romney, I want to talk about love [View all]
|hay rick||Aug 2012||#3|