Wednesday, June 29, 2011

Republicans Will Crash America Before Raising Taxes On Rich

Republican John Boehner - Speaker of the House

Let me get this right, the Republican leadership seems ready to see the United States default on its debt obligations before they would raise taxes on the rich to help bring the deficit down. If you listen to the Republican leadership carefully, they are saying that they can't get a tax increase on the rich passed because they don't have the votes.

This means that the pledge signers and tea party faction has the ability to ruin the economy even more because of their loyalty to a position over what seems to be logical, increasing revenues. I think their stance is starting to really sound odd to the public at large. The response that come from Republican House of Representatives and Senate leaders to any suggestion of raising taxes on the wealthiest among us makes it seem like the suggestion of such a thing is a mortal sin.

Has there been an explosion in the number of millionaires and billionaires in the middle of this economic downturn? That must be the situation. If the wealthy are suddenly the majority voting block then maybe the way Republicans are throwing their bodies in front any effort to increase taxes on the rich could be rationalized, but that is not the case. The bold and brazen calls by elected Republicans to make cuts in Medicare, Medicaid and increase the Social Security eligibility age while refusing to even consider tax increased on the wealthy are shameless. What is really going on here?

It seems that even many of the people that voted the Republicans into office are starting to question a group that came up with a plan to end Medicare as we know it while also saying that higher taxes on the wealthy is unthinkable.

As the clock ticks it seems that special interests have won a crucial victory. The new GOP battle cry is not keep you government hands off of my Medicare, but keep your government tax increases away from my rich friends.

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