I’m not a fan of taxes like everyone else, but if you like things like roads and bridges, schools and teachers, police and firefighters, etc, then you know they are a necessity. Our country cannot survive without them. We already see the effects of slash and cut politics all over the country at local and state levels.
In order to grow our economy, everyone needs to pay, and right now not everyone is. The wealthy and corporations are seeing the lowest tax rates in 50 years. GOP’s record on their push for maintaining tax cuts, tax subsidies (corporate welfare), and their triple down economics theory has been proven not to work over and over and over.
In 1982, conservative Republicans said Reagan’s tax increases would cause a disaster (they didn’t).
In 1993, conservative Republicans said Clinton’s tax increases would invariably fail (they didn’t).
In 2009, conservative Republicans said Obama’s stimulus would make the economy worse (it didn’t).
And in 2001, conservative Republicans said Bush’s tax cuts would cause a remarkable economic boom (they didn’t).
In 2003, these same conservative Republicans said more Bush tax cuts would do the trick (they didn’t).
In 2010, these same conservative Republicans said if we could just keep those Bush tax cuts around a little more, we’d be amazed at the economic turnaround in 2011. Here we are. I don’t think anyone’s amazed.
Ezra Klein wrote the other day “that the Republican approach to tax policy is no longer based on any recognizable economic theory.” America, over the past 2-1/2 years, have been held hostage by radical Republicans at every step of the way.
It is way past time to call their bluff since it is all too apparent they have no intention of doing anything to help out the 99% of us that are not mega-wealthy or a corporation/industry.