Friday, August 19, 2011

We Must Save The Trust Fund Babies

We actually have empirical evidence that shows higher tax rates, than we currently have, result in increased revenues and a better quality of life for the majority of Americans.

We also have empirical evidence demonstrating that lowering taxes simply increases income inequality whilst simultaneously diminishing revenues for schools, infrastructure, and research - thus lowering our quality of life.

Yet, in the Republican fantasy world, when faced with the policy option of increasing taxes, they scream class warfare.

Destroying pensions, laying off teachers and police officers, allowing health care costs to be the largest cause of bankruptcy, decreasing Social Security and Medicare payments, increasing the retirement age, etc. Where are the Republicans screams of class warfare when this is going on?



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