Hot Corner: The Right’s tax scamWritten by Don Burnard | | email@example.com
The Republican Party and, by extension, its Tea Party associates, including but not limited to the Children of Lividity, are at it again.
Their latest scare scam is to portray the expiration of the Bush tax cuts, which benefited primarily the richest portion of taxpayers, as an incredible plot by the Obama administration to raise everyone’s taxes, and once again, they have made up or pulled unverified facts and figures from their nether regions to try and get us to believe them.
I live for the day when someone on the Right has a little rendezvous with reality, but alas, it doesn’t appear that that is going to happen anytime soon. They continue to manufacture their own little Bizarro World scenarios and try to push them off as truth. They seem to think that whatever pops into their narrow minds must evidently be divinely inspired by either God or the Founding Fathers, granting them the prescience to know what is in the minds of the president, Congress, and any advisers to the Democratic caucus. Therefore, (insert unsubstantiated claim here) is sure to happen!
Look at the facts. Ten years ago, the Bush administration and the Republican-led Congress cooked up the tax cuts that are about to expire, and used the much-maligned reconciliation process to pass health care, since they didn’t want any pesky Democrats to misdirect any of those cuts away from the fat cats they were intended for.
Yes, that would be the same reconciliation process that was going to end democracy as we know it if the Democrats used it to give health care to any undeserving citizens. As Ezra Klein pointed out in The Washington Post, this was the first time that the budget reconciliation process had ever been used to increase the budget deficit. It had specifically been intended to be used to decrease the deficit. That would be the same deficit that all of the previously mentioned are now so grievously concerned with.
Once again, I guess it’s OK as long as they are the ones suggesting it. But wait, tax cuts never have to be paid for, on account of the great effect they have on “stimulating” the economy. Thanks to senators Kyl and McConnell for those hallucinations. Never mind that the tax cuts led to the weakest jobs and income growth since World War II. We’ll just go on peeing on everyone’s shoes and telling them that it’s raining. Extending those tax cuts to the richest for another 10 years would, according to the Office of Management and Budget and the nonpartisan Concord Coalition, add to the deficit up to another $3 trillion. Whoa, hold on, we’re against deficits now, so this couldn’t possibly be true.
We’ll just have to make something up to justify those cuts that the sheeples will buy. Carly Fiorina says tax cuts pay for themselves! Mitch McConnell says “there’s no evidence whatsoever that the Bush tax cuts actually diminished revenue. They increased revenue, because of the vibrancy of these tax cuts in the economy.” Problem solved! Uh, except they don’t and they didn’t. Before the tax cuts, taxes were 10.2 percent of the Gross Domestic Product (GDP). After, the tax cut, they were 6.9 percent of the GDP. No matter how you shake it, it still doesn’t add up. Making up facts and figures isn’t going to work, either.
The Obama team seems to be willing to let some of the tax cuts that actually help middle class families be extended. The middle class is anyone making less than $200,000 a year, or a family making less than $250,000 a year evidently. The top income earners, the ones who benefited so greatly during the past 10 years, will be forced to go back to the old tax rates that were in effect then. You remember then, don’t you? We had a budget surplus then. How frightening, especially if you have more money than you know what to do with.
You may rest assured that the GOP will fight tooth and nail to make sure that Obama and the Democrats do nothing that will actually help the people who aren’t well off to begin with. They will fight to add the largest deficit increase ever to our debt in the name of fiscal responsibility. The economy for the rest of us will continue to circle the drain, and somewhere in Bizarro World, the Tea Partiers will somehow keep on thinking that their narrow, self-righteous views actually have some relevance to reality.
E-mail columnist Don Burnard at firstname.lastname@example.org.