“They don’t want people who are smart enough to sit around the kitchen table and figure out how badly they’re getting fucked by a system that threw them overboard 30 fucking years ago.”
— George Carlin
(Illustration found here).
Yesterday, that most-august body of assholes, the US Senate, and fueled by the ugly gnashing of Republican teeth against keeping the hoard of wealth amongst a select few, torpedoed the ‘Buffett Rule’ bill and kept the American Dream alive.
The GOP claims President Obama pushed too hard, and believe a proposed small-business tax cut scheduled for a House vote this week sets up a nice contrast.
According to Wikipedia: The Buffett Rule is a tax plan proposed by President Barack Obama in 2011 to reduce income inequality in the United States between the top 1 percent of Americans and the remaining 99 pecent of Americans, due to the income growth in the 1 percent group as compared to the 99 percent group. The tax plan would apply a minimum tax of 30 percent to individuals making more than a million dollars a year.
In other words, make life a little less wonderful for the wealthy, and created some equality.
Even as most US peoples face the ugly tax deadline today, the upper portions of this country still lives fat off the hog — the hog being the rest of the nation.
Nearly 70 percent of Americans want the Buffett Rule.
In the CNN/ORC survey, 68 percent of respondents said the current tax system benefits the rich and is unfair to ordinary workers, compared with 29 percent who disagreed with that view.
Overall, 50 percent said the federal income taxes they paid were about right, with 45 percent saying their taxes were too high and 3 percent answering their taxes were too low.
Who the shit is that 3 percent?
The entire pile of stinking manure is a play at words by Republicans, who don’t give a shit about anybody but their wealthy back-slappers — leaving the unwashed and over-taxed masses out in the laundry room.
The GOP is working like a thief in the dark of night.
And that nice contrast House bill due this week?
From a NY Times editorial this weekend:
This week, the House Republican leadership is expected to bring up the â€œSmall Business Tax Cut Act,â€ a bill to let most business owners deduct up to 20 percent of their business income in 2012 â€” a $46 billion tax cut.
Despite the Mom-and-Pop label, it is designed so that nearly half of the tax cut would go to people with annual income over $1 million, and more than four-fifths would go to those making over $200,000, according to the Tax Policy Center.
Dip-shit nit-twit Eric Cantor is thumping up the House bill.
The Times responds:
As for the broader economy, the Congressional Budget Office analyzed 13 policies last year for their potential impact on economic growth and job creation in 2012 and 2013.
The option of a business tax cut along the lines of the Cantor bill ranked next to last in bang for the buck.
More effective options include fiscal aid to states and increased safety net spending, which create jobs by bolstering consumer demand — and which Republicans fiercely oppose.
Reality found in compassion not the GOP word.