Repeat after me: LESS TAX CUTS!

I’m getting really tired of these right-wing corporation kissers who are demanding MORE TAX CUTS when we are already taxing less as a percentage of GDP than we have since 1950 (and if you remember at that point, the upper 1% of rich Americans was being taxed close to 90%).

The Bureau of Economic Analysis (BCA) puts it this way in it’s report:

Federal, state and local taxes — including income, property, sales and other taxes — consumed 9.2% of all personal income in 2009, the lowest rate since 1950, the Bureau of Economic Analysis reports. That rate is far below the historic average of 12% for the last half-century. The overall tax burden hit bottom in December at 8.8% of income before rising slightly in the first three months of 2010.

“‘The idea that taxes are high right now is pretty much nuts,’ says Michael Ettlinger, head of economic policy at the liberal Center for American Progress.”

Let’s get down to the real changes that are necessary:

A. If we are going to cut expenses let’s bring home the troops and cut the military…

B. Let’s get the same deal on pharmaceuticals that the VA has for all Americans (and save $50 Billion)…

C. Bring the tax levels on the upper 1% back to what they were the day before Bush lowered them…

Of course, we are going to see the Republicans hang on to the Paul Ryan plan because they have all but married it. Don’t expect changes from the House then. And hope that Obama and the Senate don’t knuckle under. Just get us to the 2012 elections and eject the idiots who have made the House the non-voice of the people.

About btchakir

Retired Theatre Producer, Graphic Designer, Usability Tester and General Troubleshooter with a keen interest in Politics and The Stage. Currently heard on WSHC, 89.7 FM (on line at www.897wshc.org) and occasionally dabbling in Community Theatre.

Posted on June 3, 2011, in budget, Business, Congress, Corporations, Economics, editorial, election, Finance, government, Health Care, Legal, Military, News, Opinion, Pentagon, Politics, President Obama, quote, Taxes, vote, Warning and tagged , , , , , , , . Bookmark the permalink. 1 Comment.

  1. Let me put that part B in perspective…I am not severely disabled, but it is permanent, nonetheless. I take 8 pills in the morning, 6 at noon, and 7 at night….every single day. Most of them are luckily (for you, the taxpayer) older reliable drugs that are available as generics. Still, I take 21 pills a day. I know guys who are on far more expensive stuff, in greater quantity.

    What is the Teapublican solution to fixing the issues with VA expenses? Give the DoD more of what it does not want, and cut the VA. Oh, and scrutinize disabled veterans closer to make sure none of us are greedy welfare babies.

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