G
Guns Guns Guns
Guest
House Republicans have been engaged in class warfare since they took power in January 2011.
Republicans call proposals to increase taxes on the wealthy "class warfare", to cover their own efforts to help the wealthy at the expense of the middle class.
The so-called "Path to Prosperity" is chock full of policies that would make life easier for the wealthiest while increasing burdens upon middle class households.
It cuts taxes for the wealthy, while increasing taxes on the middle class and significantly cutting programs such as Medicare on which the middle class depend.
The plan would cut the top marginal tax rate for the wealthiest 6 percent of tax filers, and would bring the corporate income tax to the same rate.
The Republican plan also makes cuts to other important middle-class programs, such as Pell Grants, which help middle- and lower-income families afford the costs of higher education. Not only would cuts to Pell grants undermine social mobility and increase income inequality, they would undermine future growth as the United States would have an even less educated workforce.
The Republican class war on the middle class doesn’t stop with their budget proposals.
Many Republicans opposed the payroll tax cut, which helps middle- and lower-income Americans.
The Republican war against the middle class would be a grave mistake in the best of times. Today, it is especially galling.
Not only has the Great Recession and its aftermath been especially hard on the middle class, but the median income after accounting for inflation actually fell for working households during the supposedly good economy in the recovery between 2001 and 2007, and incomes had been flat for decades before that.
In contrast, the share of income going to the top 1 percent increased from 9 percent in 1974 to 23 percent in 2007.
The GOP wants to keep taking from the poor and give even more to the rich.
http://www.americanprogressaction.org/issues/2011/09/class_warfare.html
Republicans call proposals to increase taxes on the wealthy "class warfare", to cover their own efforts to help the wealthy at the expense of the middle class.
The so-called "Path to Prosperity" is chock full of policies that would make life easier for the wealthiest while increasing burdens upon middle class households.
It cuts taxes for the wealthy, while increasing taxes on the middle class and significantly cutting programs such as Medicare on which the middle class depend.
The plan would cut the top marginal tax rate for the wealthiest 6 percent of tax filers, and would bring the corporate income tax to the same rate.
The Republican plan also makes cuts to other important middle-class programs, such as Pell Grants, which help middle- and lower-income families afford the costs of higher education. Not only would cuts to Pell grants undermine social mobility and increase income inequality, they would undermine future growth as the United States would have an even less educated workforce.
The Republican class war on the middle class doesn’t stop with their budget proposals.
Many Republicans opposed the payroll tax cut, which helps middle- and lower-income Americans.
The Republican war against the middle class would be a grave mistake in the best of times. Today, it is especially galling.
Not only has the Great Recession and its aftermath been especially hard on the middle class, but the median income after accounting for inflation actually fell for working households during the supposedly good economy in the recovery between 2001 and 2007, and incomes had been flat for decades before that.
In contrast, the share of income going to the top 1 percent increased from 9 percent in 1974 to 23 percent in 2007.
The GOP wants to keep taking from the poor and give even more to the rich.
http://www.americanprogressaction.org/issues/2011/09/class_warfare.html