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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.

Let’s hear it for Ben Stein…

Ben Stein speaking at 2006 National Summit on ...

Ben Stein

I was surprised this morning to hear Ben Stein on CBS Sunday Morning, who I know is a conservative and who has talked about the need for budget cuts before, speak this morning on the ratio of the Deficit to the Gross Domestic Product (GDP). Surprised because:

  1. he had good things to say about Bill Clinton and his Treasury Secretary Robert Rubin who left office giving us a surplus… and
  2.  he stated that the Republicans would have to agree to raising taxes…especially on the Rich Americans who, he said, there are plenty of and they CAN afford it.

I’m even more surprised because, just before the 2010 elections, he did a Sunday Morning piece complaining that, as a rich guy, he was paying too much in taxes and didn’t want taxes on the rich raised. Something has changed his mind… which means other conservatives can change their minds as well. Whether this applies to Tea Party types is your guess.

Now, he did also say that the Democrats were going to have to agree to budget cuts, but they should be able to look at the military and some of the other areas we are not looking at now (I assume he was talking about oil subsidies and their related entities.)

You know, I felt pretty good about Ben Stein this morning… I usually haven’t felt good about him since he stopped doing a comedy quiz show with Jimmy Kimmel. But this morning I’ll give him the benefit of my appreciation for his ilttle editorial… and I hope some of these politicians heard it.

U.S. Ranks Dead Last In Overall Social Spending

The logo of the Organisation for Economic Co-o...
Here’s a clip from an article by Ray Madeiros that you should read at politicususa.com:
clipped from www.politicususa.com
This report from the OECD and The Business Insider, could not have come at a more crucial time in our national debate regarding the federal budget and the course the Republicans have chosen to take.
The conservative pundits are trying to frame this debate along the lines that the deficit and debt of the United States was created by the liberal, nanny state programs. This is an outright lie they have drummed into the heads of the American people. Unfortunately, some of the pundits are trusted sources of information for millions of people.
The United States currently ranks thirty-fourth(34th) out of the thirty-four(34) members of the OECD in regards to spending on social programs, DEAD LAST.
The amount the United States spends is currently only 7.2% of our gross domestic product on programs that make up our social contract with the American people.
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