It strikes me that at a time when the middle class and poorer are having a harder time than they have had in many years, the Repubs want them to bear the brunt of the cuts and don't want to tax the rich. I know the party line is that it will hurt jobs if they tax the 'job creators' but it just seems like so much bull right now. The previous tax cuts didn't do that much to stimulate the economy and job growth. Regardless, deeper cuts will probably hurt the middle class more than the alternative anyway. Your going to hurt the ones who need it the most.
It feels so political, and even worse, possible pandering to the businesses and lobbies. And the middle will pay again, as they have for several years now.
And even from a economic standpoint, I would think that if the middle and poor is pushed to the brink as it looks like they might be, that would be a bad economic situation anyway. Say hi to even more crime, bigger drain on social systems, reduced spending, etc.
Why is taxing the highest percentages such a no no in that country? Makes no sense, and that strategy certainly didn't work over the last 10 years.
|