Tax the Poor to Save the Rich

Michele Bachmann’s brilliant tax plan involves cutting taxes for people who already pay lower taxes than working Americans, while making sure working/middle class and unemployed Americans are taxed more often. Why? Because Republicans hate… ermmm… taxes?

“In my perfect world,” she explains, “we’d take the 35% corporate tax rate down to nine so that we’re the most competitive in the industrialized world. Zero out capital gains. Zero out the alternative minimum tax. Zero out the death tax.” [...]

Her main goal is to get tax rates down with a broad-based income tax that everyone pays and that “gets rid of all the deductions.” A system in which 47% of Americans don’t pay any tax is ruinous for a democracy, she says, “because there is no tie to the government benefits that people demand. I think everyone should have to pay something.”

They simply don’t understand that many Americans are unemployed right now. Many Americans also enjoy things like tax credits for having children and owning a home — all of which were passed with the support of the Republican Party. They also don’t understand that not a single rich person in American today really pays 35 percent. Not one. Ever. The Republicans and Michele Bachmann are tricking their stupid voters by not mentioning the difference between marginal tax rates and effective tax rates.

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  • http://twitter.com/themattmcd Matt McDaniel

    A system in which 47% of Americans don’t pay any tax is ruinous for a democracy…

    It’s also a system that doesn’t fucking exist. Income taxes and payroll taxes are two separate fucking things, and if you still don’t fucking understand that, you are too fucking stupid to run a lemonade stand, let alone run a fucking presidential campaign.

    Fucking moron.

  • GrafZeppelin127

    I had a conversation last summer with a dear friend, a very wealthy physician who also owns another, non-medical business. (I’ve probably mentioned this before on this blog.) It was a depressing conversation, as I recall, because most of what he was saying consisted of Fox News’ talking points about how rich people like him are being “punished” for their “success” by “our socialist president” and thus being “forced” to “subsidize” the lazy and undeserving poor.

    He predictably advocated the “flat tax,” i.e. the national sales tax, to replace the income tax. I tried to explain to him that this would, to use his word, “punish” the poor, because of inter alia the declining marginal utility of money. His only reply was that the poor are “subsidized,” so they can’t be hurt economically anyway.

    As depressing as it was to hear a rich man (let alone one whom I love and respect as a friend) show such resentment for the poor, I couldn’t get him to understand that, no matter how one sliced it, what he was advocating was a system by which he would pay less, and those less-well-off than he, and less able to afford it, would pay more.

    This is where we on the left reach a cul-de-sac with the right, because the next step in the conversation is the rich are rich because they deserve it, and the poor are poor because they deserve it, and that it’s wrong to take more from the deserving than we do from the undeserving just because the latter were too lazy and stupid to become rich themselves.

    I think most people who think this way have never been poor, just as most people who are against universal health insurance have never needed health care and not been able to get it; most people who are categorically against abortion have never been impregnated by rape or incest or had that happen to a loved one.

    What the GOP is now doing, in the face of overwhelming evidence that its policy of taking money out of the economy and directing as much of it as possible into the hands of the Fortune 500 does not produce any economic benefits for anyone else, is giving people a way to feel good about their own greed, selfishness and cruelty. They’re doing it in part by glossing over the sins and excesses of the super-rich (individuals and corporations) by euphemistically referring to them as “job creators.”

    There have been times in America where the broad public rose up in protest against the sins, excesses and abuses of the rich and of big business. Today’s “job creators” are yesterday’s “robber barons.” The Tea Party protests of 2009 were the beginning of the opposite trend; Americans rising up in protest on behalf of, and in support of, the sins, excesses and abuses of the rich and of big business.

    War is Peace, and all that. Doublethink, in its purest form.

  • lukenstein

    “…stupid voters….not mentioning the difference between marginal tax rates and effective tax rates”

    YES , EXACTLY. I’ve got alot of winger buddies, some of then you would consider fairly smart. They will tell you they are ‘”socially liberal” but vote Republican because they are “fiscally conservative”. Yes, I know, makes my head want to explode too.

    One of my buddies in particular, is always trying to project himself as being sooo smart. He prods for every specific detail when I provide a typical statistic to prove that this country is just a rich man’s playground. And if I can’t produce every specific detail about the statistic, then he dismingly spouts “See! See! You don’t know what you’re talking about, I just shot holes all in your argument.”

    And of course, he didn’t shoot any holes in my argument- he’s just hung up on some inconsequential detail. But you turn the tables on him, or any other bullshit “fiscal conservative”, and they’re dumbfounded. This same guy, who thinks he’s so smart (he actually is otherwise), has no freaking clue what an effective tax rate is. As many times as I’ve tried to explain it, his jaw just drops. Effective tax rate whatt?? I’ll explain it a million times and he just keeps pointing out the marginal rate and screeches “the rich pay more taxes! the rich pay all the taxes!” The dipshit doesn’t even know that it’s a progressive tax rate either!!! They are freaking clueless..

    Ahh, makes my heard hurt. I know so many smart people who are just dumbstupid retarded when it comes to economics and somehow buy into the “fiscally conservative” hoax.

  • http://pulse.yahoo.com/_R2OPPKURRNWL7OYXYECQMCFW5I Anthony

    The Party of Hoover: Save the Banks, Fuck the People.

    • lukenstein

      If a majority of American voters embraces the supply side bull shit that “we need to unleash Corporate America to create jobs” being sold by the Fox crowd, then I’m out! Moving to another country! I hear Scandinavia needs young engineers..

      Not really. I won’t move. But maybe if we keep buying the snake oil the republicans are selling then things will get so bad we may actually turn off American Idol and Jersey Shore and realize the brutal economic gang rape that corporate America and the Republicans are unleashing on us. Maybe then we will quit screwing ourselves over for the sake of the rich and few…

  • trgahan

    I don’t know what is more disheartening about this GOP presidential race that is focused on nothing but a series of plans to provide the lowest corporate and top marginal tax rates. Is it this ridiculous show from each canidate trying to “out cut” the other or that almost half of American is yelling “Hell Yeah! The rick are too burdened in this nation! The poor have it too good!”?

    A fundementally christian nation indeed.