Re-distribution of Wealth Continues

2 posts / 0 new

QUOTE:

"And there has been an enormous development in Kansas in Republican politics, and that is that there has been the wiping out of the moderate voice of Republicans in Kansas".

"So what have they done? What they've done is to deliberately make taxes—considerably greater inequality in their taxation system. And they did so primarily by reducing taxes for wealthier people in Kansas and dramatically increasing taxes for the working poor by eliminating the state earned income tax credit and starting taxation at a much lower point in income than used to be in the past. So this is a income transfer overwhelmingly from working-class people in—citizens of Kansas to the wealthiest folks in Kansas" - Bill Black.

William K. Black, author of THE BEST WAY TO ROB A BANK IS TO OWN ONE, teaches economics and law at the University of Missouri � Kansas City (UMKC).

http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=8686

Retired Monk - "Ideology is a disease"

polycarp2
Joined:
Jul. 31, 2007 4:01 pm

Comments

Quote polycarp2:QUOTE: "...reducing taxes for wealthier people in Kansas and dramatically increasing taxes for the working poor..."

Even the slightest attempt to bring this into a realistic discussion will suffer a preemptive attack from right-wing pundits in American corporate media accusing Liberals of "Class Warfare."

Keep in mind that it is not class warfare for the super-wealthy to buy our Congress and abuse our laws to suck up all the money to themselves. That's just capitalism. But for anyone in the lower or middle class to mention that these tactics are hurting the poor, those socialist liberals are engaging in class warfare.

This is the standard operating procedure of the Neo-Republibagger Conservative Party. "Do something awful to everyone and then immediately accuse everyone of doing it before they accuse you." It works for everything. Class warfare, terrorism, greed, hate-mongering, fear-mongering, raising taxes, whatever. And as long as the right-wing keeps intentionally cutting education funds to reduce the critical thinking skills of each future generation, no amount of fact-based logic will ever break this spell.

JTaylor's picture
JTaylor
Joined:
Mar. 19, 2012 2:04 pm

Latest Headlines

Who rejected United States-North Korea peace talks?

There were conflicting reports on Sunday regarding a recent proposal for United States-North Korea peace talks which was allegedly made before North Korea"s recent nuclear test

U.K. Pound Falls As Markets Get Brexit Jitters

Bloomberg said on Monday the pound had sustained its biggest fall against the dollar in 11 months

Clinton: I'll defend Israel but push for 'two-state solution

Hillary Clinton believes both Republican candidates Donald Trump and Ted Cruz "missed the mark" with their approach to the Israel-Palestinian Arab conflict

We Don't Need Another Cable Giant.

Thanks to the FCC, two-thirds of our nation's high-speed internet subscribers may soon be under the control of just two companies.

According to a recent article over at CommonDreams.org, that agency has approved Charter Communication's $90 billion dollar takeover of two other cable providers: Time Warner and Bright House Networks.

Powered by Pressflow, an open source content management system