Class Warfare? Raising Millionaires Taxes Will Affect 4.78% Of Americans

Sep 21 2011 Published by under Uncategorized

There are very few instances of humankind’s vicious tendencies as the killing other human beings in the name of war. In the case of invasion and self-preservation, killing is justified to prevent a foreign power from conquering a population and pillaging resources, although in the modern era that is becoming more infrequent than in the past. George W. Bush waged war on Iraq for oil and regime change and in the process killed hundreds-of-thousands of Iraqis. The most tragic wars, though, are civil wars when citizens kill their fellow countrymen over ideological differences; America has suffered as much as any country except places like Cambodia and Russia where government forces massacred their own citizens to maintain power and suppress opposition. The American Civil War’s disunity was erased during the two world wars when nationalistic pride brought North and South together to defeat a common enemy, but America is in the throes of a second civil war with the GOP backing the rich versus the poor and they are attempting economic massacre on American citizens.

When President Obama revealed his deficit reduction plan that features a balanced approach of spending cuts and revenue increases, Republicans claimed he was engaging in class warfare because he proposed tax increases on people making over $1 million annually. The class war began in 2001 when Bush-Republicans gave tax cuts and breaks to the wealthiest 2% of Americans that they are unwilling to relinquish even though the cuts had an obscene shelf life of ten years. Indeed, Republicans seek to make the Bush tax cuts permanent in spite of the nation’s deficit problem and crippling unemployment numbers that are perpetuating a stagnate economy. The president’s plan corrects Republican’s spending-cuts-only strategy that led S&P to downgrade a once-stellar credit rating, and it will help create much-needed jobs to repair America’s crumbling infrastructure. If there is any doubt that the class war has been ongoing for years, billionaire Warren Buffet said, “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”

President Obama did not start the class war, but his plan will certainly level the playing field and give the poor and middle class a fighting chance. The alternative is subjugation of 95% of the American population to a life of poverty at the behest of Republicans who are unwilling to raise taxes on the wealthy to protect their political contributions. Raising taxes on households making over $1 million a year will affect approximately 4.78% of the population and spare everyone under that amount. According to the Census Bureau, the real median household income in America was $49,445 in 2010, a 2.3% decline from 2009. The average teacher salary in America is well under $44,000 and that is a high estimate when considering that California has the highest average at less than $50,000 annually.

Republicans are still spouting their perpetual meme that raising taxes on the wealthy will kill jobs, but the Bush-era tax cuts for the wealthy have been in place for ten years and they have not produced any jobs. In December when the president negotiated with Republicans to extend unemployment benefits for workers whose jobs were outsource to China, India, and South Korea, he extended the wealthy’s tax cuts; the Labor Department’s jobs report showed that zero jobs were created in August. If the Republicans were correct, extending the Bush tax cuts should have spurred the “job creators” to begin hiring, but they did not. Representative Paul Ryan (R-WI), Chairman of the House budget committee said of the president’s plan, “He’s in a political class warfare mode and campaign mode, and that’s not good for our economy.” That is laughable because Republicans have decimated the economy with their perpetual tax cuts for the rich and their corporations, but wartime propaganda is typical to keep teabaggers and stupid conservatives fighting to protect the wealthy.

The Heritage Foundation’s plan that Ryan presented typifies the Republicans’ war on Americans who do not make at least a million dollars a year. The plan cuts the wealthy’s taxes from 35% to 25% as well as privatizing Medicare, cutting spending for Medicaid and many domestic programs that most Americans use. Republicans have a record of making the majority of Americans suffer so the wealthy and their corporations get richer than they already are and they are never going to stop until the public puts them out of office. Mitt Romney has proposed a grand economic plan in his bid for the Republican nomination for president and it features over $7 trillion in tax cuts for the wealthy and corporations while slashing spending on every domestic program. There is nothing in Romney or Ryan’s plans that help 95% of Americans and they represent a war-like economic slaughter of nearly all Americans.

Although the president’s plan is not perfect, it is a good plan that takes all the tax burden off of the middle class and the poor. There is no reasonable excuse for a school teacher making $32,000-$47,000 annually to pay a higher tax rate than a millionaire, but that is the case. The middle class has carried the lion’s share of the tax burden for long enough and as their wages are decreasing, they are being asked to sacrifice more so the wealthy maintain their tax cuts.

There is a class war in America, and the wealthy’s Republican army are slaughtering innocent middle-class taxpayers, the poor, and the elderly by cutting programs so the rich get richer and keep their tax breaks. The Bush-era tax cuts have increased the nation’s deficit and if they end today, Americans will be repaying the borrowed money for a generation. With his plan, President Obama is keeping a campaign promise, following the will of a majority of Americans, and fighting back in the war against the poor and middle class. Like all bullies, Republicans are afraid because someone is finally standing up to them and they know that this time, the American people are firmly behind the president.

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